Bounce Infinity Electric Scooter Dealership- Eligibility, Requirements, Cost, Profits, Applying Process, Contact details | ChildArticle

Bounce Infinity Electric Scooter Dealership- Eligibility, Requirements, Cost, Profits, Applying Process, Contact details | ChildArticle

Do you want to become a dealers or a franchise of a popular brand in India? Are you planning to start a e-vehicle dealership in your location? Want to take up a business with a World-class brand in the two wheeler industry? So, choosing Bounce Infinity Electric Scooter Dealership would be a great option. In this article we’ll discuss about getting Bounce Infinity Electric Scooters dealership, investment, commission, applying process, documents required and much more.

Bounce as India’s first smart mobility solution, with a mission of making daily commute quick, stress-free, reliable and convenient. In its ride-sharing avatar, Bounce tapped into the need for affordable and safe travel options for various daily commuters. Bounce dockless scooters were first launched in Bengaluru and quickly became the desired mode of transport in the city, as well as in parts of Karnataka, Telangana and Andhra Pradesh.

Journey Of Bounce

  • 2014: Founded the company with luxury motorcycle rental.
  • 2016: Started Metro Bike offering first mile last mile commute solutions.
  • 2018: Launched dock less business; scaled to 0-50K rides in less than 4 months.
  • 2019: Raised USD 100 MN; Daily 100K* ides; 25 Mn+ cumulative rides.
  • 2021: Forayed into EV Scooters manufacturing with acquisition of 22 motors India’s Largest EV Swapping Infra with >800K swaps.

Bounce Infinity electric scooter Company Details

Websitehttps://bounceinfinity.com/
TypePrivately Held
IndustryElectric Vehicle, Electronics goods
EstablishmentLaunched in May 2018
HeadquartersBengaluru
CEO & Co-FounderVivekananda Hallekere

Why to choose a Bounce Infinity Electric Scooter Dealership vehicles ?

  • The transition to electric mobility is a promising global strategy for decarbonizing the transport sector.
  • Evs fare better than ICE vehicles on a range of transport policy goals, including enhanced energy security, reduced reliance on crude oil, better air quality and lower greenhouse gas emissions.
  • The fuel price of EVs can be low as 10% of the fuel price of ICE Vehicles.
  • With a target to have at least 30% new vehicle sales be electric by 2030, the central and the State Governments have introduced various schemes to promote adoption of EVs in India.
  • In Union Budget 2022, the Honorable Finance Minister proposed a battery swapping policy for EVs.

In 2021, 329,190 Electric Vehicles were sold in India for the first time – representing a 168% increase over sales of 12,22,607 units.

In the recent Union Budget speech, our Finance Minister Smt. Nirmala Sitharaman announced some significant measures that the government has proposed to further boost electric vehicle (EV) adoption in India. She spoke about introducing a new battery swapping policy that would further strengthen EV infrastructure. She also touched upon formulating interoperability standards and opening up defense R&D to private EV manufacturers. This will certainly have a positive impact on developing auto components within the country.

Bounce Infinity Expansion Formats

Bounce Infinity Dealership: To expand its retail presence in the EV 2W category, Bounce Infinity has decided to go through the Auto Dealership route and is therefore open to partnering with the right individuals.

Zuink Retrofit Franchise: Converting the existing ICE-2 wheeler to EVs helps in not only extending the life of any vehicle but also save on fuel expenses. Retrofit Franchise is an attractive business opportunity.

Bounce Infinity Swapping Stations: Battery Swapping is the way forward for 2Wheeler-EVs. And Bounce Individuals/businesses to invest in as well as host its Swap Stations.

Cities: Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Pune

Basic Criteria for the Bounce Infinity Dealership

  1. Age should be minimum 21 years.
  2. Should be 12th / Graduate.
  3. Should have capacity to 20 Lakh to 25 Lakh.
  4. Experience in relevant products.
  5. Should have space for Godown 500 sqft.
  6. You should have 1500 sqft area(1000 sqft for showroom and 500 for service Center).
  7. Ability of Management/Supervision.

NoteArea should be at Ground Floor and Frontage for showroom (Minimum) 20 – 30 ft.

 Bounce Infinity electric scooter Dealership Cost

 If you want to take Bounce Infinity electric scooter dealership then the investment depends on the cities, tier 1 & 2 cities details are given below: 

ElementsTier 1 CityTire 2 City
Area Required15001000
Security Deposit & Services46,08,28057,85,520
Battery Swapping Investment11,67,02017,50,530
Working Capital Investment37.5 lac4,687,500
Franchise/Dealership Fee(INR)2.52.5

The investment details for tier 3 & 4 cities are given below

ElementsTier 4 CityTire 3 City
Area Required500800
Security Deposit & Services32,61,04040,43,540
Battery Swapping Investment5,83,5105,83,510
Working Capital Investment1,875,0002,812,500
Franchise/Dealership Fee(INR)2.52.5

Currently, the company offer the dealership in only Tier 1 & Tier 2 cities and the dealership for Tier 3 & Tier 4 are on hold.

Expected Returns: INR 6000 m 6500 per unit (all inclusive) depending upon the number of units sold + Assured return of IRR 15% over 36 months on BSS Investment + INR 10 per Swap executed at the Location.

Bounce Infinity Battery Swapping Station Cost

Area Required10-15
Security Deposit & Services370,000
Working Capital Investment     –
Franchise/Dealership Fee(INR)15,000 per location
Expected ReturnAssured return of IRR 11-12% over a period of 36 months and INR 5 + Tax per Swap at the location.

Bounce Infinity Retrofit Infra Cost

Area Required350 sqft
Security Deposit & Services900,000
Working Capital Investment900,000
Franchise/Dealership Fee(INR)3,50,000
Expected ReturnINR 2000 per Kit

A Retrofit Franchise can also invest in and host the swap Infra and enjoy the returns from the same.

Space Required for the Bounce Infinity Electric Scooter Dealership Showroom:

If you want to open Bounce Infinity Electric Scooter Dealership then the shop space depends that in which cities you are going to open i.e Tier 1 , 2, 3 & 4  you need Total Area of 1,500 Sq. Ft. In which  for Showroom 700 Sq. Ft., Workshop 300 Sq. Ft, warehouse 500 Sq. Ft. But if you want to open your showroom then you may need more space.

Bounce Infinity Electric Scooter Product Details

Bounce Infinity E1 is India’s first electric scooter that lets you swap your battery on the go. Say goodbye to waiting in line at charging pumps or struggling to find a charging point outdoors, with Bounce, swapping is a seamless experience designed to keep you bouncing with ease.

Bounce Infinity E1 Technical Specifications:             

Range85 km/charge
Top Speed65 kmph
Acceleration(0-40 Kmph)8s
Motor TypeBLDC
Motor Power1500 W
Battery TypeLithium Ion, Portable & Swappable
Battery Capacity48 V, 39 Ah
Brakes FrontDisc
Kerb Weight94 Kg
Wheels TypeAlloy
Tyre TypeTubeless
Standard Warranty (Years)3
Additional Features Reverse Mode, Drag Mode, Canbus, Tow Alert, Ignition Status, High Beam Status, Location Tracking

The Price of Bounce Infinity E1 starts at Rs 68,999 and goes up to Rs 79,999 (ex-showroom, Delhi). It is available in two variants, Without Battery Pack and With Battery Pack.

How to swap a battery from a Bounce swap station?

All Bounce swap stations are integrated into the Bounce app, which constantly tracks your electric scooter’s battery charge status. The app will alert you when your battery’s low, after which you have to follow three simple steps which are given below:

  • Open up your Bounce app and locate your nearest swap station in real-time. Find the nearest pin and get going.
  • Once you’ve arrived, simply connect to the swap station with your app to unlock your new battery from its charging pod.
  • Make the switch in minutes, pop in your fully charged battery, and bounce! It’s that simple.  

The Bounce infinity and Bounce App are a killer combo. together, they offer a host of intelligent features that make riding electric a winning choice.

  • Anti -Theft: The moment it senses unusual motion or activity, its rear wheels lock automatically. rest assured, your scooter can look after itself.
  • In-Built Tracking: The Bounce Infinity comes with an inbuilt tracking feature that you can monitor straight from the app.
  • Tow Alert: Your Bounce app will instantly give you a notification and allow you to track your scooter, so that you can act fast.
  • Geofencing: Use Bounce app to define a fixed geographical boundary for the scooter and get alerted if your scooter ever leaves the pre-defined boundary.
  • Drag Mode: If the scooter ever comes to a halt, there’s no need to worry. Access the drag mode and comfortably walk your bounce infinity to wherever you’ll get the help you need.
  • Reverse Mode: If you’re stuck in a tight (parking) spot, be sure to easily roll out of it comfortably with reverse mode.
  • Cruise Control: This allows the scooter to run at a constant speed, irrespective of terrain, with the exception of whenever you use your brakes or throttle.

Documents & License

  1. Personal Documents like Aadhar card, Pan Card, Voter ID
  2. Email, Contact no., Passport size pic
  3. Address Proof (Electricity Bill)
  4. Showroom space paper (1000 sqft)
  5. Experience of Business (If applicable)
  6. Business Registration
  7. Udhyam registration
  8. EPF & ESIC (If required)
  9. Establishment License
  10. GST Registration

 Bounce Infinity Electric Scooter Dealership Profit

All the commission of Bounce Infinity Electric Scooter Dealership on per e-bike is given below:

There is 10% – 12% (Net commission).

Commission on service parts & accessories: 20% – 25% on MRP.

If you will sale 30 nos. Bounce Infinity Scooter per month.

As we know the per bike profit= 6000 (consider)

Total gross per month = Rs 1,80,000/- (This profit is from showroom).

Service Work profit

Service work profit depend on the number of e bike visit per day in the service center. So, we can’t predict.

Bounce Infinity Electric Scooter Showroom Expenses

SlNo.Particulars of ExpensesAmount
1.Salary:2 sales Person15000Backoffice8000Technician10,000Accountant10,000Guard8000Sweeper5000Total56,000     56000
2.Electricty (Showroom) & Internet Bill5000
3.Miscellaneous Expense5,000
 Total Expenses66,000

Net Profit= Gross Profit- Expenses = 1,80,000 – 66,000

Total Net Profit from showroom will be = 1,14,000/-

Profits of Bounce Infinity Electric Scooter Dealers

  1. Bikes Commission
  2. Instant Discount by company whenever Bike Orders by cash
  3. Extra Accessories
  4. Finance (4%)
  5. Extra Bonus for Sales target Achieve in sales & Service
  6. Insurance Agent Commission

How to Apply for the Bounce Infinity Electric Scooter Dealership ?

To apply for the Bounce Infinity Electric Scooter , you have to follow some steps which is given below:

  • For the dealership you have to visit its official website: Click Here
  • Click on the above link.
  • After landing on the new Bounce Infinity Dealershipenquiry page, they ask some details.
  • Fill all the required details.
  • Finally submit the form successfully.
  • After submitting all the details you will get thank you message.
  • So this is the final step, and you are successfully registered for Bounce Infinity Electric Scooter Dealership. In case you have any questions or queries, then you can ask us in the comment section below at any time.
  • Within a week the company’s executive will contact you and share you the all details. If they not reply then you can mail on : partner@bounceinfinity.com

Bounce Infinity Electric Scooter Contact Number

If you have any query related to the Bounce Infinity Electric Scooter Dealership or you want to reach out to the Company, you can contact them via the available contact options that I’ve mentioned below!

Email: partner@bounceinfinity.com

For more information you can visit its official website: Click Here.

F.A.Q(Frequently asked question)

Q. What is the investment cost for the Bounce Infinity Electric Scooter ?

Ans: If you want to open Bounce Infinity Electric Scooter Dealership showroom then you need approximately Rs 1.2 crore rupees.

Q. Is electric bike dealership profitable?

Ans: Yes. its Profits & Margin is really high and it is one of the best investment opportunities for the new entrepreneurs and for individuals who want to start up a 2- wheeler electric dealership business. And In coming era there will be high demand of electric vehicle.

Q. What is the difference between electric scooter and electric bike?

Ans: Electric scooters are non-geared two-wheelers that work like a regular scooter but run on electricity. The components and other electrical parts all covered that give the rider an extra layer of safety, on every route.

Q. Bounce Infinity Business Models 

Ans: 

Bounce Infinity Dealership: To expand its retail presence in the EV 2W category, Bounce Infinity has decided to go through the Auto Dealership route and is therefore open to partnering with the right individuals.

Zuink Retrofit Franchise: Converting the existing ICE-2 wheeler to EVs helps in not only extending the life of any vehicle but also save on fuel expenses. Retrofit Franchise is an attractive business opportunity.

Bounce Infinity Swapping Stations: Battery Swapping is the way forward for 2Wheeler-EVs. And Bounce Individuals/businesses to invest in as well as host its Swap Stations.

Cities: Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Pune

Q. Total Investment for Bounce Infinity Electric Scooter Dealership in India ?

Ans: If you want to take Bounce Infinity Electric Scooter Dealershipin your area then. You need approximate INR 1.2 crore to start. Depends on your location that any other dealer is already available or not. If available then you can start with low investment as sub- dealers.

Q. How to use Bounce rental bikes & scooters ?

Ans:

  • Go to the Bounce app and upload your driver’s license for a super-quick KYC turnaround to get started with booking your rental bike and scooter ride around you.
  • Find the nearest yellow rental scooter & bike on the Bounce rental scooter app
    or scan the number plate of the rental scooter and bike rental nearby.
  • Choose your ride, add a ride destination & select a payment mode to confirm the rental ride booking. We’re always here to help you rent bikes at your convenience.
  • Walk over to your rental scooter/ rental bike at the best price and switch on Bluetooth on your device to start the rental bike or scooter.
  • Unlock using the Bounce rentals app and enjoy your most affordable rental ride on India’s finest bike and scooter rental service!
  • When done with your rental scooter ride, park the rental scooter & bike responsibly, & end your rental bike ride on the Bounce rentals app. Hope you enjoy your affordable scooter rental in Bangalore.

Q. How much profit you can expect in Dealership Business ?

Ans: You can expect INR 6000 – 6500 per unit (all inclusive) depending upon the number of units sold + Assured return of IRR 15% over 36 months on BSS Investment + INR 10 per Swap executed at the Location.

Q. How can I apply for Bounce Infinity Electric Scooter Dealership?

Ans: All the information is given above. You can mail on partner@bounceinfinity.com

error: Content is protected !!