Automotive Research Association of India (ARAI) has certified HOP Electric's soon-to-be-launched high-speed electric motorcycle HOP OXO. The vehicle maker noted that its flagship e-bike has cleared all tests conducted by ARAI.
HOP OXO, as the company informed, has completed 75,000 km of road testing across 14 States with selected dealer partners. The company is now making provisions for HOP OXO's commercial production and is scheduled to be launched in late July or early August.
HOP OXO, as claimed by the company, has been designed and developed indigenously in compliance with FAME II norms. The ARAI certification comes on the heels of HOP Electric's successful mandate of the Government of India's (GOI) ambitious Production Linked Incentive (PLI) scheme for Auto under the New Non-Automotive Investor (OEM) category. Under this mandate, the company will be investing more than INR 2,000 crore in India in the next five years.
Ketan Mehta, CEO and Co-Founder, HOP Electric, said, 'Having been awarded the ARAI certification and mandate of GoIs PLI Scheme is an extremely gratifying feat. This achievement signifies that as an organisation, our endeavours towards developing a truly indigenous brand with Indian R&D prowess to roll out Made in India electric vehicles are on track.'
HOP Electric Mobility had recently closed a strategic round of $2.6 million as part of an ongoing $10 million pre-series fundraiser. Furthermore, the company reached 130 retail touchpoints with 6200+ on-road scooters in 2021. With the latest funding, it plans to target 10X growth this year.