Bangalore-based Bounce on Thursday priced its first electric scooter at as low as 36,000 Indian rupees (
Vivekananda Hallekere, founder of Bounce, outlining the challenges holding back the adoption of EVs in India. (Image credits: TechCrunch)
Bounce has already set up a factory in the Indian state of Rajasthan and is planning to set up another one, Hallekere said. He said Bounce is setting aside \)">100 million to invest in the electric vehicle business in the next one year.The startup is hoping that most of Infinity E1 customers will purchase the scooter without the battery. In the state of Gujarat, the variant will be available for
Bounce said it will take pre-orders for the Infinity E1 scooter starting today. It will start shipping the scooter in early March.
This is a developing story. More to follow…