2023 Hop Electric OXO: Your Ultimate Electric Ride – Stunning Photos Inside

Are you ready to embrace the mobility of the future? Look no further than the Hop Electric OXO! This sleek and eco-friendly electric bike is here to revolutionize your daily commute. Let’s dive into the details and explore what makes the Hop Electric OXO a game-changer for automobile enthusiasts.

Hop Electric OXO Ex-Showroom Price in Delhi

Hop Electric OXO
Tech Specs

The base model of the Hop Electric OXO comes with an attractive price tag of ₹1.43 Lakh. But that’s not all! Let’s break down the costs further:

  • Ex-showroom Price: ₹1.43
  • RTO Charges: ₹2,950
  • Insurance Cost: ₹6,218

Read This: 2023 Hop Electric LEO: A Smart Choice for Urban Commuters

EMI and Down Payment

Hop Electric OXO

Planning to finance your new ride? Here’s what you need to know:

  • Loan Amount: You can get up to 90% financing, which means a loan amount of ₹1,48,499.
  • Down Payment: For the base model, the down payment is approximately ₹30,421 (including on-road charges and processing fees).
  • EMI: The calculated EMI for a 36-month tenure at an interest rate of 9.45% is ₹4,753.

Interest Rate

The interest rate for the Hop Electric OXO varies from 9.7% to 15% per annum. Remember, you can negotiate with the financier to secure a better rate based on your loan amount.

EMI Calculation Example

Hop Electric OXO

Let’s crunch some numbers. Suppose you choose a loan tenure of 3 years (36 months) for your Hop Electric OXO:

  • Principal Amount (Loan): ₹1,54,217
  • Annual Interest Rate: 10%
  • Monthly Interest Rate: 0.008333 (10%/12)

Using the formula:

[ \text{EMI} = \frac{P \cdot R \cdot (1+R)N}{(1+R)N – 1} ]


  • (P) = Principal amount
  • (R) = Monthly interest rate
  • (N) = Number of monthly installments

We get:

[ \text{EMI} = \frac{154217 \cdot 0.008333 \cdot (1+0.008333){36}}{(1+0.008333){36} – 1} = ₹4,954 ]

Why Choose Hop Electric OXO?

  • Environmentally Friendly: Say goodbye to emissions! The OXO runs on clean electricity.
  • Stylish Design: Sleek lines and modern aesthetics make heads turn.
  • Smooth Ride: With its powerful motor, you’ll glide through traffic effortlessly.
  • Low Maintenance: No more oil changes or fuel filters!

So, fellow car and bike enthusiasts, gear up for a greener future with the Hop Electric OXO! 🌿🚲

Remember: Bold choices lead to brighter roads! 🌟

Images Source: Official Site

Disclaimer: The data/calculations provided are based on available information and are for convenience purposes only.

1 thought on “2023 Hop Electric OXO: Your Ultimate Electric Ride – Stunning Photos Inside”

  1. Pingback: New Benling Falcon: EMI, Downpayment, and More - Stunning Photos - evnewzz.in

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top