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Ather Energy and Bounce announce new bike ownership scheme

  Electric two-wheeler maker Ather Energy announced a new scheme with rental bike platform Bounce that allows Ather 450 owners to rent or lease the e-scooter through Bounce.

As per the new tie-up, buyers can earn money per month by listing their Ather 450 purchase through this deal on the Bounce platform. If shared for 8 days in total, you can earn up to `2,500 per month, depending on suc- cessful matching. If you share for more days in a month, you can earn more than 2,500 said Ather Energy.

The e-scooter comes with a por- table charger as opposed to a home parking charging solution that is made available to other customers. This enables users to charge their Ather 450 anywhere from a regular 5A socket. Further, it also provides free access to Ather Grid, the fast charging public network, for one  year post the purchase in any of the 30 plus locations in Bengaluru.

In order to list your Ather 450 for rent through Bounce, you are required under the Motor Vehicles Act to obtain a commercial permit, Bounce said. The registration fee of the vehicle will be facilitated by Bounce.

The final price of the Ather 450 under this scheme is `1,15,494, inclusive of Ather portable charger, the FAME II subsidy (`26,732), and five-year comprehensive insurance.

The Ather-Bounce scheme is only operational in the city of Bengaluru for now.

Author : Padmini
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