Bounce launches Infinity E1 at starting price of Rs 45,099

PTI, Dec 3, 2021, 12:05 PM IST

Bengaluru: Electric mobility firm Bounce on Thursday launched its maiden consumer e-scooter ‘Infinity E1’ in dual options at a starting price of Rs 45,099 (ex-showroom Delhi), heating up the competition in the fast-expanding domestic EV industry.

The scooter with battery and charger is priced at Rs 68,999 (Delhi Ex-showroom) while the one without battery comes with a price tag of Rs 45,099 (Delhi Ex-Showroom) plus subscription to battery-as-a-service.

The offer of ‘battery as a service’ option with the e-scooter is the first of its kind initiative in the domestic market, it said.

Customers can pre-book this smart scooter by paying an initial refundable payment of Rs 499, the company said, adding that its e-scooters are FAME II eligible.

The company said pre-bookings for its maiden offerings begin from Thursday, while deliveries are expected to start pan-India from the end of March quarter next year, through its dealership network and its online platform.

Backed by marquee investors such as Accel India, Accel US, Sequoia Capital India, Falcon Edge, Qualcomm, Omidyar Network, among others, the city-based e-scooter rental company Bounce had earlier this year acquired 22 Motors, including its manufacturing unit in Bhiwadi (Rajasthan), in a deal valued at USD 7-million.

Besides, earlier last month, it announced its plans to invest USD 100 million across manufacturing of e-scooters and expanding the battery swapping infrastructure over the next 12 months.

The Bhiwadi plant has an annual capacity to manufacture 180,000 scooters. Considering the potential of the Indian market, the company is planning to set up another plant in southern India.

”The Bounce Infinity E1 is designed and engineered to cater to the evolving needs of electric scooter customers in India. We are glad to announce that we are the first and only ones to provide both options – to swap batteries from our network as well as charge-at-home – for the Infinity E1,” said Vivekananda Hallekere, Co-founder-CEO Bounce.

Hallekere further said that ”we are committed to taking on all challenges to make India a leading EV adopter globally”.

The e-scooters come with 48V 39 AH, portable battery – swap and go, which can be charged in 4-5 hours by connecting to any regular electric socket and offers a range of 85 km per charge.

It also comes with other features such as digital speedometer, 12-litre boot to provide adequate storage space. It also sports high-end projector headlights while advanced Lithium-ion packs manage heat efficiently, according to the company.

It will also come with a comprehensive warranty of 3-years, up to 50,000 kms, it said.

The company said customers have the choice of acquiring the Infinity E1 at a highly affordable price without the battery and using its battery swapping network instead.

Customers pay for battery swaps, whenever they swap an empty battery with a fully-charged one from Bounce’s extensive swapping network. This pushes the running costs of the scooter down substantially, by as much as 40 per cent compared to conventional scooters, Bounce claimed.

Bounce has been setting up a wide battery-swapping network through prominent partnerships, which will serve both its retail customers and its ride-sharing business.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Karnataka govt set to crack down on illegal Bangladeshi immigrants: Home Minister

India records 2.86 lakh new Covid cases, 573 more deaths

Sensex slumps over 1,100 points in early trade; Nifty falls below 16,950

‘Swabhimana padayatra’ receives tremendous response

34 personalities write to CM, MLAs over alleged violence against religious minorities

Govt to review situation, decide about reopening tourist places: Aaditya Thackeray

Tatas take first step in Air India, to introduce ‘enhanced meal service’ in 4 flights on Thursday

Related Articles More

Tesla posts record profit, won’t produce new models in 2022

Jio-bp opens EV charging hub in Delhi; petrol pump count inching up

HMSI launches 2022 CBR 650R at Rs 9.35 lakh

Subsidies, tax rebates critical for faster adoption of EVs: Ather Energy

Lamborghini expects India to rank higher in its top 10 markets in APAC region


Rajpath witnesses splendid fly-past of 75 aircrafts

Mysore student led NCC at the Republic Day 2022 Parade held in Delhi

NEWS BULLETIN 26-02-2022

Stunning motorcycle display by BSF all-women biker team at India’s 73 Republic Day parade

Siddaramaiah Talk’s About Election

Latest Additions

Karnataka govt set to crack down on illegal Bangladeshi immigrants: Home Minister

Vaccine mandates for healthcare workers should be scrapped – omicron has changed the game

Consumer court directs shop to compensate retd judge’s wife for burnt Mysore silk saree

SC asks Punjab govt not to arrest SAD leader Majithia in drugs case till Jan 31

K’taka HC orders Rs 17.66 lakh compensation to man who lost genitals in road accident

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.