Bounce’s 2W EV gets regulatory nod, to be offered on subscription basis

BENGALURU: Bike-sharing platform Bounce has received homologation certification from International Centre for Automotive Technology (ICAT), making it one of the few bike-sharing startups in India to get the certification for a self-assembled two-wheeler electric vehicle (EV), said two people aware of the development.

The startup’s chief executive Vivekananda Hallekere put out a Tweet last week confirming the development, however, Bounce declined to comment on the specifics when contacted by Mint on Monday.