{"id":519848,"date":"2022-09-06T09:52:04","date_gmt":"2022-09-06T04:22:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=519848"},"modified":"2022-09-06T11:25:20","modified_gmt":"2022-09-06T05:55:20","slug":"hop-electric-mobility-to-invest-up-to-rs-200-cr-for-capacity-expansion-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hop-electric-mobility-to-invest-up-to-rs-200-cr-for-capacity-expansion-2\/","title":{"rendered":"HOP Electric Mobility to invest up to Rs 200 cr for capacity expansion"},"content":{"rendered":"<p>HOP Electric Mobility plans to invest up to Rs 200 crore in next one year on new products, setting up charging infrastructure and in creating additional production capacity, according to company Founder &amp; CEO Ketan Mehta.<\/p>\n<p>The startup, which on Monday launched its high-speed electric-motorcycle HOP OXO with prices starting at Rs 1.25 lakh, is also setting up an electric vehicle park at Neemrana in Rajasthan, jointly with its component suppliers.<\/p>\n<p>&#8220;Cumulatively, till now we&#8217;ve invested close to Rs 50 crore in this business and going forward we are ready to put in up to Rs 200 crore in less than next 12 months,&#8221; Mehta told PTI.<\/p>\n<p>The fresh investments will go into setting up of charging network for the company&#8217;s products, which will later be opened up to other brands.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HOP Electric Mobility plans to invest up to Rs 200 crore in next one year on new products, setting up charging infrastructure and in creating additional production capacity, according to company Founder &amp; CEO Ketan Mehta. The startup, which on Monday launched its high-speed electric-motorcycle HOP OXO with prices starting at Rs 1.25 lakh, is also setting up an electric vehicle park at Neemrana in Rajasthan, jointly with its component suppliers. &#8220;Cumulatively, till now we&#8217;ve invested close to Rs 50 crore in this business and going forward we are ready to put in up to Rs 200 crore in less [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-519848","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/519848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=519848"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/519848\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=519848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=519848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=519848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}