What Hop Electric does
Founded in 2020, Hop Electric operates in Clean Tech offering products, technologies and solutions in the new energy automotive industry. The company focuses on building electric vehicles in India and has received recognition from the Indian Government under the Production Linked Incentive Scheme for Auto. Hop Electric aims to impact everyday lifestyles through high-efficiency mobility, supported by its R&D facility and production capacity. It maintains a robust presence with over 150 retail outlets across 15 states and has reached a customer base of over 30,000 in under three years. The flagship products include the Hop OXO electric motorcycle and the Hop LEO V3 high-speed scooter, designed for sustainability and performance.
Who runs it
Funding and finances
Why this matters to you: funding stage is a rough proxy for how long the runway is and how much structure to expect. It is not a promise, and a profitable bootstrapped company can be the safer bet.
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Questions and experiences
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Company facts compiled from public sources and last refreshed 9 September 2026. Details change; treat the company’s own site as the authority.