HOP Electric Mobility announces Price Hike with 3-5% on all Product Lines, effective January 2024

HOP Electric Mobility, a leading electric two-wheeler manufacturing brand, has announced a price hike on their products. The company has decided to increase the prices of its products by 3-5% across all models, effective from January 2024. The price hike is being done to cope with the rising material input costs and to maintain the quality standards of its products. "As we continue our journey towards a sustainable future, we find it necessary to make adjustments in response to the evolving landscape. The decision to implement a 3-5% price increase across all our models is driven by the unavoidable rise in material costs. At HOP Electric Mobility, we remain steadfast in our commitment to delivering high-quality, innovative electric two-wheelers, and we appreciate the continued support of our valued customers on this greener path." – Says Mr. Nikhil Bhatia, Co- Founder & Chief Strategy Officer, HOP Electric Mobility.  Currently, HOP Electric Mobility offers a range of electric two-wheelers, such as HOP OXO, HOP LEO and HOP LYF, which are designed to suit the needs and preferences of different segments of customers. ? HOP OXO is a high-performance electric motorcycle with a top speed of 95 kmph and a range of 150