HOP to Setup a Electric Vehicle Plant in South India

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The startup said it is planning to set up a new manufacturing unit in South India, which will have the capacity to produce a minimum of five lakh units per year

HOP Electric Mobility, an automotive solution providing startup, is gearing up to launch at least five e-vehicle solutions by the end of this financial year. The startup has also announced launch of HOP LEO, priced at Rs 72,500 onwards and HOP LYF, priced at Rs 65,500 onwards.

CEO and Founder of HOP Electric Mobility, Ketan Mehta, said, “Since most millennials and now Gen Z individuals are now preferring sustainable yet convenient modes of transportation, these new product offerings will revolutionize the Indian e-mobility space. After months of R&D, our experts have furnished these two models with premium features and commendable battery range.”

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He further added, “We foresee hyper-growth in the e-mobility space and are looking forward to adding more products in our portfolio.”

HOP has a 40,000 square feet long manufacturing unit in Jaipur that is equipped to produce 50,000 vehicles per year, expandable up to a lakh units. By the year 2022, the brand is planning to set up a new manufacturing unit in South India, which will have the capacity to produce a minimum of five lakh units per year.

The startup is also planning to launch an e-bike, HOP OXO 100, which is slated to offer a 100km range on a single charge. The e-bike will provide a top speed of 100 km per hour with a motor power of 7200W.

Hop Energy Network- HOP Electric Mobility is also plans to come up with a first electric vehicle segment, called the Hop Energy Network. It will have built-in battery swapping cum charging stations where the customer will be able to replace their discharged battery with a fully charged battery in 30 seconds. Hop’s energy network started taking up the shape as the testing continued. In January 2021, Hop’s pilot network with five Swapping stations and 50 Batteries started operation in Jaipur.

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