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HOP Electric introduces 100 per cent financing on e-motorcycle for sustainable urban mobility

By Guest Author,

Added 12 July 2023

The company announces attractive discounts on LEO and LYF e-scooters, and the high-speed OXO electric motorcycle, while also providing 100 per cent financing on the OXO model to enhance accessibility to eco-friendly mobility solutions.

HOP Electric, a fast-growing electric two-wheeler manufacturing company, has announced offers up to Rs 4,000 on LEO and LYF e-scooters, and Rs 10,000 on the OXO, a high-speed electric motorcycle. In addition to the discounts, HOP Electric is extending 100 per cent financing facility on its highly sought-after OXO e-motorcycle to make sustainable urban mobility more accessible.

The monsoon follows an earlier price reduction that HOP Electric had announced last month when OXO's prices were reduced to Rs 1.48 lakh ex-showroom, while HOP LEO e-scooter which comes in High-Speed registered and low-speed non-registered variants - the prices were revised to Rs 97,500 and Rs 84,000, respectively. HOP LYF, which comes in low-speed non-registered, is priced at Rs 67500.

Rajneesh Singh, Chief Marketing Officer, HOP Electric Mobility said, "We aspire to do-away with any form of hesitancy towards EV adoption. We don't want to restrain our customers from embracing sustainable mobility options due to financial constraints. Hence, we decided to launch the 100 per cent financing offer on our OXO e-motorcycle in addition to product discounts on OXO, LYF and LEO. With all the exclusive offers on our e2Ws, we aim to promote eco- friendly mobility solutions."

Launched in November 2022, the OXO bikes combine sustainability, performance, and affordability in a sleek design. With the latest FOTA Ver 4.90 update, the bikes perform 2X better with ECO mode acceleration, even in the low-speed mode. The upgraded OXO bikes provide accurate battery range on display with better algorithms based on real-time battery health and usage.

Earlier this year, HOP launched LEO, the high-speed variant of the electric scooter. It entails features like LED lighting, LCD digital display, four riding modes (Eco, Power, Sport, and Reverse), and 12-degree climbing ability.