Accelerating Zapp’s Market Presence in India For EV Production
Zapp, a leading innovator in electric vehicles, has announced a strategic partnership with Bounce Infinity for the assembly and distribution of its i300 electric urban motorcycle in India. The collaboration aims to facilitate Zapp’s entry into the burgeoning Indian EV market, leveraging Bounce Infinity’s extensive manufacturing expertise and market presence. Swin Chatsuwan, Founder and CEO of Zapp EV, highlighted the significance of this partnership, noting that India’s rapidly growing two-wheeler market and forecasted increase in EV adoption present a substantial opportunity for Zapp’s innovative i300 model.
Comprehensive Manufacturing and Distribution Strategy
Bounce Infinity will provide contract manufacturing services for Zapp’s electric motorcycles at their Bhiwandi plant, adhering to specifications provided by Zapp. This partnership is expected to expedite Zapp’s commercial rollout in key urban areas across India. Additionally, Bounce Infinity will assist Zapp in obtaining necessary approvals for product homologation, aiming to complete the process within 120 days from the agreement’s effective date. The companies are also exploring a distribution partnership to enhance the availability of Zapp’s products nationwide.
Leveraging an Asset-Light Business Model
Zapp’s asset-light, capital-efficient business model, which relies on strategic contract manufacturing partnerships, will enable the company to scale production swiftly without significant capital expenditures. The i300 motorcycle, designed for personal mobility in dense urban environments, features removable and portable battery packs that can be charged from any standard wall socket, eliminating the dependency on dedicated charging infrastructure.
Expanding Bounce Infinity’s Market Reach
Bounce Infinity, with over 70 dealerships across India, is rapidly scaling its network. The company recently secured a 30,000-scooter order with SUN Mobility, ensuring efficient energy management for its users. Furthermore, Bounce Infinity is finalizing agreements with major food delivery, quick commerce, and last-mile delivery companies, expanding its reach and solidifying its position as a leader in sustainable urban mobility. The collaboration with Clean Electric underscores Bounce Infinity’s commitment to integrating advanced technology and innovative solutions in the electric vehicle ecosystem.
Vivekananda Hallekare, CEO and Co-founder of Bounce Infinity, expressed confidence in the partnership’s potential to establish India as a global two-wheeler manufacturing hub by combining Bounce’s manufacturing strengths with Zapp’s cutting-edge product lineup.
