bengalurubased startup bounce this week announced a partnership with greaves retail making the latter the first to join the bounce infinity batteryswap networkmumbai in a bid to hasten the adoption of electric vehicles evs and relieve customers from range anxiety auto makers energy companies and startups have begun fasttracking partnerships in the emerging batteryswap market such tieups will enable original equipment manufacturers oems to reduce upfront costs of acquisition by at least 4050 leading to increased adoption and sales experts saybengalurubased startup bounce this week announced a partnership with greaves retail making the latter the first to join the bounce infinity batteryswap network advt this enables more indians to have access to affordable mobility with battery as a service baas said vivekananda hallekere bounce cofounder and ceo the company has raised more than 200 million and has a network of more than 200 swapping stations bounce says it has completed more than 1 million swaps having launched its electric scooter the infinity e1 in december 2021 offered with the baas feature for those opting for the latter without the battery the scooter is priced at rs 37000 it costs rs 60000 with the batterysome of the other tieups recently announced include hero electric and sun mobility a leading provider of energy infrastructure targeting around 10000 electric battery swappable twowheelers by the end of this yearit makes a lot of sense for the b2b customers as the swapping stations can be placed in the working zones for the riders to allow them to run their bikes without waiting for the recharging of the batteries said sohinder gill ceo hero electricniti aayog ceo amitabh kant said with disruptive business models such as battery swapping leasing etc consumers need not own the assetbattery which is 50 of the total vehicle costbringing down the upfront vehicle cost for e2w and e3w electric twowheelers and threewheelers much below the ice internal combustion engine counterparts advt the government think tank is expected to roll out a battery swapping policy in the next threefour months that could play a key role in enabling the ev industry to reach critical scalethe pros of the battery swapping technology along with the governments initiatives to come up with tangible policies will definitely accelerate the demand and adoption of evs in the country said chetan maini chairman of sun mobility which is exploring battery swapping partnerships with several auto majorsother partnerships include bses discoms and ola electric to set up charging stations initially in delhi early this year the delhi government signed an agreement with convergence energy services ltd cesl to install battery swapping stations for electric two three and fourwheelers at bus depots honda and hindustan petroleum corp ltd hpcl have also announced a partnership for batteryswap stations at retail outlets across the country separately honda will offer batteryswap services to electric threewheelers in bengaluru by the end of june before entering other cities hero motocorp is partnering with taiwans gogoro to set up battery swap stationsyulu says its planning