Key Highlights
- Hop Electric EVs become more affordable.
- Price Reduction in Hop Leo, Hop Lyf and Hop Oxo electric bikes.
- All bikes are available under Rs.1.5 lakh.
As the reduction of subsidies derived from the FAME II program puts pressure on EV manufacturers to increase prices, Hop Electric has taken a different approach. The company has announced price cuts for its popular EV offerings, including the Lyf and Leo electric scooters and the Oxo electric bike.
Hop Electric’s decision to reduce prices demonstrates its dedication to providing affordable and accessible green mobility in India, setting them apart from other EV manufacturers who have raised prices in response to subsidy reductions.
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Hop Leo Electric Scooters
Hop Electric’s Leo electric scooter is now available at a more affordable price, offering both high-speed and low-speed variants. The low-speed variant, previously priced higher, is now priced at Rs 84,000, while the high-speed variant is available for Rs 97,500.
These competitive price points make the Hop Leo electric scooters an attractive choice for urban commuters and eco-conscious riders who seek cost-effective and efficient modes of transportation.
Hop Lyf Electric Scooter
The Hop Lyf electric scooter has also witnessed a significant price cut, retailing now at Rs 67,500. This reduction in price aims to bridge the gap between traditional gasoline-powered scooters and electric alternatives, making sustainable commuting more accessible for a broader range of consumers.
With its sleek design and reliable performance, the Hop Lyf electric scooter offers a compelling option for individuals looking for an environmentally friendly and cost-effective mode of transportation.
Also Read: Bajaj Chetak, Hero Vida V1 Electric Scooter Prices Hiked In India: How Much They Cost Now?
Flagship Model at a Lower Price: Hop Oxo Electric Bike
Hop Electric’s flagship product, the Hop Oxo electric bike, has experienced a substantial price reduction, now priced at Rs 1.48 lakh, down from its initial launch price of Rs 1.65 lakh. The Hop Oxo electric bike features a powerful 5.2kW electric motor paired with a 3.75kWh battery pack. It boasts a claimed range of 140km in Eco mode, making it suitable for daily commuting.
Additionally, it showcases impressive performance, with the ability to accelerate from zero to 40kmph in just 4 seconds and a top speed of 88kmph. With its advanced features such as a 5-inch display, alloy wheels, disc brakes, LED DRLs, and ride telematics, the Hop Oxo electric bike offers a thrilling and technologically advanced riding experience at a more affordable price point.
Also Read: Simple One Electric Scooter Launched At Rs. 1.45 Lakh
