Gurugram Based Startup Releases Hover 2.0, 2.0+ Electric Bikes, Starting at Rs 80k

Corrit Electric released the Hover 2.0 and Hover 2.0+ electric motorcycles. The e-bikes cost 79,999 and 89,999 rupees (ex-showroom). Nishan Kapoor, an IIM Lucknow alumnus, and ex-investment banker Mayur Misra founded the company in 2020 and is based in Gurugram. Hover 2.0 and 2.0+ improve on the original Hover. Corrit Electric’s Greater Noida factory will build the new Hover e-bikes. Red, black, white, and yellow are the possible colours.

The startup opened it’s first offline store in Gaur City Mall, Greater Noida. Corrit will sell electric two-wheelers in stores and online. Krish Electro Wheels is the company’s offline Delhi/NCR distributor.

Features and specs

Comparing the Hover 2.0 and Hover 2.0+ to the first generation Hover reveals striking similarities in their designs. Each of the three variations rides on a single flat tyre and has no other body panels outside the front and back fenders. Hover, can only reach speeds of up to 25 kph.

Both the Hover 2.0 and the Hover 2.0+ are powered by batteries, but the Hover 2.0+’s is significantly larger at 1.8 kWh. The former has a maximum range of 80 km on a full charge, while the latter provides a 110 km range. The bikes can reach 25 kilometers per hour from a standstill in just three seconds. 

The electric bikes have been updated with the most recent innovations, including a combination switch, the most up-to-date instrument cluster, and a more secure locking mechanism. Geofencing and an alarm that goes off if your phone is stolen are just two of the optional premium features that the company offers.

Custom bike covers and the latest mobile holders will be provided free of charge with the Hover 2.0+ and sold separately as optional extras for the Hover 2.0 model. A retail chain called Corrit plans to open three new stores in the Delhi-National Capital Region (NCR) in the next three months.

Business Expansion Plans

The company has announced that by March of next year, they will open 50 offline dealerships across the country. Corrit will also open three new locations in the Delhi–National Capital Region in the next three months. 

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