Bounce — a start-up backed by Accel, Seqouia, and Qualcomm — unveiled its e-2 wheeler on Thursday with a singular providing the place one can merely lease a battery and never pay for it as a part of upfront worth.
The battery-as-a-service mode has made the corporate worth its scooter extremely aggressively at Rs 45,099 (ex-showroom), whereas one pays for the battery throughout the utilization and swaps (by way of a subscription) with fully-charged ones.
The place a battery and a charger is included (that may be charged at residence or elsewhere), the scooter will value Rs 68,999, co-founder and CEO Vivekananda Hallekere stated.
Whereas bookings have begun for the lithium-ion battery powered Bounce Infinity E1 scooter, deliveries will start from March subsequent yr. The scooter guarantees a variety of 85 kms per cost, and boasts of a prime velocity of 65 kmph.
Ola’s Aggarwal had unveiled his scooter ‘S1’ (vary of 181 kms) on August 15 this yr, and has priced the product at an entry worth of Rs 99,999. Nonetheless, there have been delays in manufacturing schedules and deliveries are but to start out. The corporate has been aggressive on its plans, however needs to comply with a singular gross sales mannequin with minimal of dealerships for gross sales and repair.
Aside from Ola and Bounce, there are different gamers and firms seeking to develop in electrical two-wheeler house. These embody Ather and Hero Electrical, two of the oldest participant within the class. Aside from them, conventional gamers akin to Hero Moto, TVS, Bajaj and Honda have additionally introduced plans for electrical two-wheelers. Hero has already unveiled its two-wheeler and is predicted to launch it within the first quarter of subsequent calendar yr.
Supply: Times of India