Hop Electric OXO Updates

Monday, 11 November 2024 02:28 PM Hop Electric Mobility has announced a price hike of 3-5% for the OXO e-motorcycle, as well as the Leo and Lyf e-scooters, effective next month. This adjustment is part of the companys response to rising costs and market conditions. I think this price increase might affect sales slightly, but the demand for electric vehicles is still strong.

Friday, 20 October 2023 12:41 PM HOP Electric has introduced a significant update to its OXO electric bikes with a VCU firmware over-the-air update (FOTA) Ver 4.90. This update enhances the bikes performance and features, showcasing the companys commitment to continuous improvement. I believe such updates will keep the OXO competitive in the evolving electric bike market.

Monday, 05 September 2022 03:18 PM Hop Electric launched its flagship electric motorcycle, the HOP OXO, on September 5, 2022, at a launch event in Hyderabad. The event highlighted the companys vision for electrifying mobility in India and its plans for sustainable manufacturing. I think the HOP OXO is a promising addition to the Indian electric vehicle market, offering a blend of performance and sustainability.

Monday, 15 August 2022 10:53 AM Hop Electric is looking to raise around Rs 200 crore to fund its expansion plans, which include developing a range of electric two-wheelers and enhancing its manufacturing capabilities. This funding will be crucial for the companys growth and innovation in the electric vehicle sector. I believe this investment will help Hop Electric solidify its position in the Indian market.