Nikhil Bhatia

Nikhil Bhatia is a co-founder of Hop Electric, a climate-tech startup in the electric vehicle industry founded in 2020.12 He is responsible for operations and strategy at the company, which focuses on developing innovative electric two-wheeler (E2W) solutions.2

Hop Electric was established as a forward integration of the Rays Group's $50 million renewable energy business, leveraging expertise in clean energy solutions to create sustainable transportation options.2 The company has achieved several milestones, including:

1. Developing a smart hot-swappable lithium-ion battery and battery swapping station
2. Launching two low-speed electric scooters and the high-speed Hop OXO electric motorcycle
3. Establishing over 150 retail outlets and selling more than 11,000 E2Ws
4. Generating $11 million in revenue
5. Being recognized as a Champion OEM under the Government of India's Production Linked Incentive (PLI) Scheme2

Nikhil Bhatia's LinkedIn profile (username: bhatianikhil13) indicates that he has been with Hop Electric for about 3 years.34 The company aims to contribute to a 90% transition of two-wheeler sales to electric vehicles by 2030, potentially reducing CO2 emissions and oil consumption significantly.2