Bounce pledges to join EV100 initiative

Climate Group’s EV100 

Bangalore: Bounce, world’s fastest-growing smart mobility player, today joins The Climate Group’s EV100 initiative and pledges to transition to a 100% EV fleet by 2030. Bounce is one of the 20+ companies to be part of this initiative. Bounce signed into the EV100 initiative at the Climate Week NYC as part of its sustainable growth mission. The company anticipates its fleet to be close to 2 million vehicles by 2030.

Climate Week NYC 2019 is being run in coordination with the UN and the City of New York, Climate Week continues to grow as the time and place for the world to showcase amazing climate action and discuss how to do more. Climate Week NYC opened alongside the UN Climate Action Summit where PM Narendra Modi and other global leaders joined to make plans to push for clean green energy sources. The Government of India has always been committed to reducing its carbon footprint by promoting the adoption of renewable sources of energy and electric vehicle through incentives. In accordance with this Bounce, is targeting to increase their EV fleet and reduce emissions to create sustainable mobility.

Jarnail Singh, India Director at The Climate Group said: “We are excited to have Bounce on board  EV100 and we hope this will encourage other companies to follow suit and pave way for cleaner transportation in the country. With the government providing exceptional support to electric mobility, companies should join in and accelerate change. Not only does electric mobility play a crucial role in reducing emissions, it also makes business sense. The Climate Group will continue encouraging businesses to take ambitious decisions to accelerate climate action.”

Commenting on this development, Vivekananda H R, Co-Founder and CEO, Bounce said, “Our aim is to provide clean, convenient and affordable commute options and to achieve this we are working towards electrifying a sizable portion of our fleet in the coming months. We are passionate about driving an ecosystem shift not just by ethical and sustainable options, but also by being a holistic solution provider in the Electric Vehicles space. Our EV vision ties into the Climate Groups’ initiative to accelerate EV adoption globally. Through EV100, we can come together in a more structured and impactful manner to harness our collective strengths to propel sustainable transportation”

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Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.