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Thursday
December 2022
6:25 AM IST
News Headlines
Mumbai City FC win 4-0 as Bengaluru FC’s misery deepens        Australia thrash undermanned England in first ODI        AIBEA decides to go ahead with Nov 19 bank strike, discussions with IBA & Managements fail        Erdogan announces extension of grain deal by 120 days        Musk hints at new chief for Twitter        PM to deliver opening address at 'No Money for Terror' event        Transparency, accountability are essence of governance in parliamentary democracy: Birla        Rajiv Gandhi assassination: Centre moves SC seeking review of its order on per-mature release of six convicts        Modi interacts with Biden, Sunak and Macron on sidelines of G20 summit        Rahul says only Congress can protect Constitution which is under constant attack from BJP        Centre misuses offices of Governors: Sitaram Yechury        Pollard announces IPL retirement, appointed as MI's batting coach        Twitter very slow in India: Elon Musk        Amazon plans to lay off 10,000 people in coming days: NYT        PM Modi arrives in Bali for G20 Summit and bilateral meetings with key world leaders        Kharge accuses BJP of divide and rule        CM Mamata Banerjee apologises for Bengal minister's remarks on President Murmu        Sharath Kamal to receive Khel Ratna on November 30        Top police official held in gang rape case        Biden says US will 'vigorously' compete with China        
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Business News
HOP’s high-speed electric bike ‘HOP OXO’ receives more than 5k bookings ahead of Commercial Launch
 
Hyderabad: HOP Electric Mobility, India's fastest-growing electric vehicle manufacturer, has received an astounding response for its flagship high-speed electric bike, HOP OXO.This pioneering product is likely to be launched in August this year, the company said in a release on Wednesday.

The booking window was opened briefly for HOP Electric Mobility's dealer partners to pre-order the first production batch.Already 5000 units have been pre-booked even before the commercial launch and now, the company has closed the booking window.

For now, we have put the next booking window for dealer partners on hold as retail bookings will open soon. We are gearing up our supply chain and production facilities to accelerate the deliveries. At the current pace, we expect to sell more than 50,000 electric two-wheelers over the next 12 months," said Rajneesh Singh, Chief Marketing Officer, HOP Electric Mobility.

It is pertinent to note that earlier this year, the premier automotive R&D organisation, Automotive Research Association of India (ARAI), affiliated with the Ministry of Heavy Industries, certified HOP OXO post conducting all possible tests, including AIS 156 for batteries.

The ARAI Certification is a testament to HOP Electric Mobility's orientation towards its vehicles' reliability, performance, quality and safety.

Under the #OXOSNEAKPEEK program, the company has completed 1,00,000 km of road testing across 14 Indian states. HOP OXO has been designed and developed indigenously in compliance with FAME II norms.

"We and our extended family, including dealer partners managing HOP Experience Centres across 140 touch points, are committed to accelerating the adoption of sustainable mobility solutions in India. Our growing portfolio of electric two-wheelers, including high-speed HOP OXO and another electric scooter in the pipeline, is a progressive step in that direction," Rajneesh added.

It is predicted that HOP Electric Mobility will gain immediate traction for the HOP OXO in India because of its 140 HOP dealerships and during the last six months, it has inaugurated over 60 new dealerships in India.

HOP Electric Mobility has recently closed a strategic round of USD 2.6 million as part of its ongoing USD 10 million pre-series fundraise.


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KERALA NEWS
Top police official held in gang rape case
 Kozhikode: Police on Sunday arrested a Circle Inspector (station house officer) attached in Beypore  
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INTERNATIONAL NEWS
Erdogan announces extension of grain deal by 120 days
 Ankara: Turkish President Recep Tayyip Erdogan said on Thursday that the grain deal will be extended
Musk hints at new chief for Twitter
Modi interacts with Biden, Sunak and Macron on sidelines of G20 summit
PM Modi arrives in Bali for G20 Summit and bilateral meetings with key world leaders
NATIONAL NEWS
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Rahul says only Congress can protect Constitution which is under constant attack from BJP
Kharge accuses BJP of divide and rule
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