Backed by marquee investors such as Accel, Accel US, Sequoia Capital India, Falcon Edge, Qualcomm and Omidyar Network, Bounce last December announced the launch of its consumer e-scooters and battery-swapping network under the Bounce Infinity brand name.
Bounce said it is expanding its battery-swapping network in line with the recently introduced e-scooter Bounce Infinity E1. The company said that we are pleased to announce that our battery-swapping network has achieved more than one million swaps.
Vivekananda Hallakere, Co-Founder and CEO of Bounce, said that “they have helped the government and policy makers to accelerate EV (electric vehicle) adoption in India by addressing range concerns like battery-swapping and battery-as-a-service.” (BaaS) as the most effective solution.”
He added that “Bounce Infinity has pioneered and revolutionized the battery swapping landscape and has efficiently built India’s largest swappable battery infrastructure. The company’s distributed network approach has multiple benefits for consumers.”
Vivekananda Hallakere further added that “this ranges from cost-effective feasibility to proximity to a fully charged battery every time. For example, the practical aspects of setting up charging infrastructure in space-scarce urban areas, largely affordable and clean.” enable mobility.”
The e-scooter Bounce Infinity E1 comes with ‘battery-as-a-service’ option, the first of its kind electric scooter in the Indian market. Apart from this, it will also be offered with a battery, which can be removed from the scooter.
It can be charged by the customers at their home or office or wherever convenient. In a statement issued by the company, the company said that Bounce has recorded more than one million battery swaps on its energy infrastructure network ‘Bounce Infinity’.
The Bounce swapping stations, which operate on the lines of a fuel station, will feature charged and ready-to-go batteries that customers can easily swap with their almost empty batteries in a matter of minutes. According to the company, with this infrastructure, customers will not have to wait for the scooter to get charged.
Recently, the e-scooter maker partnered with several brands to set up the infrastructure to support over one million scooters over the next 12-24 months, according to a statement released by the company. The infrastructure will be available at various locations such as residential complexes, petrol bunks, restaurants, cafes, co-living spaces, corporate offices and grocery stores.
Bounce also said in a statement that Bounce is also leveraging its battery swapping expertise for other OEM (original equipment manufacturer) players to support interoperability for faster adoption of EV mobility.