EV Rental Firm Bounce Share Plans to Deploy over 10,000 e-Scooters

Share Us

358
EV Rental Firm Bounce Share Plans to Deploy over 10,000 e-Scooters
22 Jun 2022
5 min read

News Synopsis

In the next two years, EV rental company Bounce Share plans to deploy over 10,000 e-scooters in collaboration with logistics startup Howdyy for last mile delivery, according to a joint statement released on Tuesday. According to the company, these vehicles will be deployed in Bengaluru, Mumbai, Pune, Chennai, and Hyderabad.

Howdyy, based in Bengaluru, entered the market in 2020 and offers an electric vehicle-driven fleet for mid and last-mile deliveries.

"We are thrilled to partner with Bounce for this strategic collaboration. Their market presence will help us in covering the last-mile delivery space in at least five cities. The collaboration will help us go a long way by carving the right niche in the domestic logistics industry. We look forward to more such tie-ups in the near future," said Aashirwad Deshmukkh, founder-CEO of Howdyy.

Bounce Share is the electric two-wheeler manufacturer Bounce's EV rental arm. Last December, Bengaluru-based Bounce, backed by global investors such as Falcon Edge, Sequoia Capital, Accel, B-CAP, and Qualcomm, launched its first consumer electric scooter, Infinity E, as well as its battery-swapping network, Bounce Infinity.

"With fuel prices rising and an increase in carbon emission, it is high time for the logistics industry in the country to focus on contributing to sustainable mobility. Our partnership with Howdyy is one step forward towards sustainable mobility solutions," said Anil G, co-founder and Chief Operating Officer of Bounce.