Greaves Retail partners Bounce for EV battery swapping stations

Bounce Infinity, an electric vehicle company has announced a strategic partnership with Greaves Retail to provide battery swapping stations for Greaves electric vehicles. With this tie-up, Greaves Retail becomes the first company to use Bounce Infinity’s battery-swapping network. The partners will deploy the pilot project in Bangalore.

As part of this partnership, the company plans to target 10 cities with 300 battery swap stations per city in different parts of the country to help Greaves Retail strengthen last-mile connectivity. The battery swapping service will be for both electric two-wheelers (Ampere) and three-wheelers (B2B & B2C segments).

Through this venture, Greaves Retail aims to boost the EV ecosystem with a wide variety of Multibrand smart mobility commuting options, improved access to consumers' sales and service. With a comprehensive 3S (Sales, Service and Spares outlets) offering through its all-India retail business network.

Vivekananda Hallekere, co-founder and CEO, Bounce said, “Bounce and Greaves Retail remain committed in bringing affordable and sustainable solutions to the market. We are happy to have ampere as our partners who will be using our battery swapping platform. This enables more Indians to have access to affordable mobility with Baas.’’

YVS Vijay Kumar, CEO, Greaves Retail and Greaves Cotton said, ‘’As we are committed to providing our customers with uninterrupted drive with our electric vehicles, this partnership with Bounce Infinity will help us expand our offerings and strengthen our leadership position in EV space.’’

The battery swapping stations will be made available at locations including residential complexes, petrol bunks, restaurants, cafes, co-living spaces, corporate offices and Kirana stores among others.

The Bounce swapping stations will have charged and ready-to-go batteries for Greaves Retail customers; that they can easily swap with their near-empty batteries in a few minutes. The integration has already been completed with Greaves electric scooters and would very soon be made available to other models of the Greaves.

Bounce Infinity aims to set up battery swapping stations within one kilometre of anywhere in the city. The company is building a robust swapping infrastructure to support over 10 lakh scooters in the next 12-24 months. The company has also partnered with brands such as Nobroker, Park+, Unigas, Readyassist, Kitchens@, HelloWorld and Goodbox to set up infrastructure.