Electric scooter manufacturing firm Bounce Infinity has partnered with energy infrastructure provider SUN Mobility to deploy over 30,000 Bounce Infinity Scooters in key markets across the country, starting with Bangalore and Hyderabad, and extending to Mumbai, Pune, and Delhi NCR in phases starting February.
SUN Mobility will deploy these 2-wheelers under both the Battery-as-a-Service (BaaS) and Mobility-as-a-Service (MaaS) models, the firms said in a joint media statement on January 18.
Under the BaaS model, electric vehicle (EV) owners can purchase the EV without the battery, reducing the upfront cost of the scooter. The battery is then provided in the form of a subscription or lease agreement. Similarly, under the MaaS model, scooters will be offered on a subscription basis, with monthly or quarterly rent.
"This collaboration comes at a pivotal moment, as India's electric two-wheeler market is poised to boom, with sales penetration potentially exceeding 80 percent by 2030," Said Vivekananda Hallekere, CEO of Bounce Infinity.
Launched in 2021 by Vivekananda Hallekere, Bounce Infinity sells smart electric scooters with removable batteries. The company aims to democratize commuting by providing affordable and reliable EV scooters designed for people from both rural and urban cities.
Bounce Infinity has sold over 10,000 scooters since its launch and has its presence in all the major metros and also in the rural markets.
The company started as Wicked Ride in 2014 as a rental service for high-end performance motorcycles. It then changed its focus and launched app-based scooter rentals and rebranded itself as Bounce. Since 2020, the firm has pivoted to manufacturing and selling EV scooters.
"Bounce Infinity’s Infinity E1 scooter, known for its practical design and performance, is equipped with features tailored for urban commuting. The scooters are integrated with SUN Mobility’s swappable battery system and can achieve an impressive range of over 95 kms per swap." the firm said in the statement.
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