Bounce bets big on e-scooter

Bounce, an electric scooter rental company, plans to invest nearly $100 million (about Rs 742 crore) over the next 12 months on e-scooter manufacturing and extending its battery swapping infrastructure, according to its co-founder and CEO Vivekananda Hallekere.

According to Hallekere, the business will debut its first e-scooter before the end of the month, with deliveries beginning in February of next year.

He further said,”We want to make EV mainstream…when we’re talking about transition to EVs, we want to make sure millions of vehicles can actually practically look at it and not worry about charging infra, range or battery related issues….We will have two variants and by November-end, we will start pre-booking and deliveries will start February-end.”

 

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