Under the partnership, Chara, which has developed motor technology that is rare-earth magnet-free, hyper-efficient, easier and cost effective to build, will design and manufacture customised motors based on its innovative motor and drive technologies for Bounce, the company said in a statement. Urban mobility solutions provider Bounce on Tuesday said it has joined hands with […]
Bounce to add 4,000 EVs to its fleet by February, aims to go fully electric by Q3-FY22
In the last few months, Bounce has seen a steady rise in the number of daily rides and now has reached 35% of its pre-Covid numbers. Shared mobility platform Bounce on Friday said it plans to add 4,000 e-scooters on its platform by February and transition to a 100% electric vehicle fleet by the third […]
Ola Electric gets former president of Hyundai, India on board
India has been actively pushing for a shift to electric vehicles in its pursuit to bring down oil imports and curb pollution. The intent is to electrify all new vehicles by 2030 and the government is asking auto manufacturers to draw up plans for … BENGALURU: Ola Electric has appointed automobile industry veteran and former […]
Bounce is looking to raise $30 million for electric vehicle arm
Existing investors like Accel, Sequoia, Chiratae and others may lead first round. Bengaluru: Scooter sharing app Bounce plans to raise $30 million exclusively for its electric vehicles subsidiary Zuink Smart Mobility Solutions, and has received in-principle board approval for the same, two people aware of the developments told ET. Existing investors including Accel Partners, Sequoia […]