CredR Partners With Crayon Motors To Provide E-Bikes in Exchange For Used Two-Wheelers

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At the moment, this service can only be availed in Delhi NCR and Jaipur, but will soon be expanded to Bangalore, Pune, and other parts of the country as well

Image credit: Zigwheels

CredR, an omnichannel for selling and buying used two-wheelers, is collaborating with e-bike maker Crayon Motors to offer customers the option to upgrade to Crayon’s e-bike in exchange for any petrol-based two-wheeler. During the exchange, CredR will offer instant quotes for old petrol scooters, thereby reducing the upfront cost of the former’s e-bikes.

Sasidhar Nandigam, Chief Strategic Officer, CredR said, “India’s e-mobility landscape is going to change dramatically post COVID-19 pandemic and the sales are expected to rise. As the sales of overall two-wheelers will see a boom, there will also be a rise in sales of second-hand e-two wheelers.” 

CredR said that at the moment, this service can only be availed in Delhi NCR and Jaipur, but will soon be expanded to Bangalore, Pune, and other parts of the country as well.

“With increasing adoption of electric vehicles, the Indian mobility industry is undergoing a major transformation. Our customers will now have a hassle-free experience exchanging their old two-wheelers while purchasing a Crayon Scooter,” said Mayank Jain, Director, Crayon Motors. The company also added that customers will receive their new vehicle within days. 

To complete the transaction, CredR will verify the documents and the health of the petrol version of the two-wheeler. The exchange price will then be adjusted against the final cost of the new Crayon Motors e-two-wheeler, it added.

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