Electric Mobility, India's fastest-growing electric vehicle manufacturer, has
closed a strategic round of USD 2.6 million as part of an ongoing USD 10
million pre-series fundraiser. The company has achieved the milestone of
reaching 105 retail touchpoints with 6200+ on-road scooters in 2021, and with
this fundraising, Hop Electric Mobility is targeting 10X growth this year.
present, Hop Electric Mobility is growing at a month-on-month rate of 50%. The
company is hiring across all verticals, especially in the design, engineering,
battery, cell, and Research & Development verticals.
Hop Electric Mobility has also embarked on its multi-battery modular platform's
design and engineering journey. The company is developing Gen 2 Smart Batteries
and Swapping stations. It will roll out two new products on the new platform
supported by Gen 2 batteries and a swapping station in FY23.
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As the adoption of electric vehicles (EVs) continues to grow, Honeywell has created innovative solutions to address safety concerns across the spectrum of EV manufacturing and use.