Top speed will be 100 km/h
According to the information, the HOP OXO will be a high speed electric bike with a top speed of 100 kmph. The high capacity lithium-ion battery pack has been used in this bike, which is capable of giving a range of about 150 km on a full charge.
The company says that it has tested the Hope Oxo electric motorcycle by driving more than 30,000 km in 20 Indian cities. The company believes that these inputs will prove to be instrumental in launching products that meet the requirements of modern customers.
The company will make millions of units
Hope Mobility has launched a state-of-the-art Megaplex in Jaipur for the production of e-bikes. In this plant, the company has set a target of producing 1.8 lakh units annually. Presently the company is manufacturing LEO and LYF range of scooters. Soon, the LYF2.0 and OXO vehicles will be manufactured at this plant.
Presently the company is producing 100 electric scooters every day which is planned to increase in the coming days. The company operates a network of more than 50 dealerships across the country. In the next three years, Hope is planning to launch 10 new products in the Indian market. The company can reveal the price of the bike at the time of launch.
Let us tell you that Hope Electric, a new manufacturer of electric vehicles, has received an investment of US $ 2.6 million under a fund raiser program. After this financial support, the company will grow its product, dealer network and supply chain at a rate of more than 10 times this year.
In the rapidly growing market for electric vehicles, Hope Electric Mobility has carved a niche for itself. The company offers best in class products with stylish designs. In addition, Hope Mobility is providing the latest technology, state-of-the-art features, great ride comfort in its electric vehicles.
Preliminary information about the Hope Oxo suggests that it is going to be a powerful electric bike. After launching in India, this bike is going to compete directly with Torque Kratos and Oben Roar. As per our estimates, the Hope Oxo could be priced between Rs 1 lakh and Rs 1.10 lakh.