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1 A 100cc EQUIVALENT ELECTRIC MOTORCYCLE EQUIPPED WITH RARE EARTH FREE MAGNET
December 2023
|Electronics For You
The startup intends to introduce liquid-cooled battery packs in its electric motorcycles, which have been used only in premium motorcycles in India. It posted revenue of ₹14 billion last fiscal
Jaipur-based electric two-wheelJ: startup Hop Electric Hop) will launch a 100cc to 125cc equivalent electric motorcycle in India during the last quarter of fiscal year 2025 FY 25). With the launch, it aims to take on the market dominated by Hero Splendor, Honda Shine, Bajaj CT110, TVS Star, and more such motorcycles.
Rahil Gupta, CTO Co-founder, Hop, in an exclusive conversation with the Electronics For You team, shared that the upcoming motorcycle will be targeted towards Bharat Beyond Tier 1 and Metro cities) and will feature a non-rare earth magnetic motor. The 100cc segment dominates the two-wheeler market in India. Unlike the equivalent scooter segment, where most EV players have introduced scooters competing against the most popular ICE counterparts, nothing substantial has been launched in the electric motorcycle domain.
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