Bounce plans to invest Rs 742 cr for e-scooter manufacturing | Bounce plans to invest Rs 742 cr for e-scooter manufacturing


Bounce plans to invest Rs 742 cr for e-scooter manufacturing

New Delhi: E-scooter rental company Bounce is planning to invest in expanding infrastructure for e-scooter manufacturing and battery swapping over the next one year. Giving this information, the company’s co-founder and chief executive officer (CEO) Vivekananda Hallekere said that for this, the company will invest $100 million (Rs 742 crore) over the next 12 months. Hallekere said that the company will launch its first e-scooter later this month and its supply will start from February next year.

“We want to bring electric vehicles (EVs) powered by electricity in the mainstream. When we are talking about transition to EVs, we want to make sure that these vehicles can be used practically. Plus customers don’t have to worry about charging infrastructure, battery capacity and related issues. We will have two versions of it and by the end of November we will start the pre-bookings and the deliveries will start by the end of February. are supposed to.

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