Electric vehicle startup Hop Electric has increased the prices of its electric scooters, including both low- and high-speed variants of the Leo, following the decrease in FAME II subsidies. The company has also lowered the price of its Oxo electric motorcycle from INR 165,000 ($2,253) to INR 148,000. The motorcycle comes in three variants with top speeds of 82 kmph, 95 kmph, and 150 km range, respectively.