: Online Platform Helps You Exchange a Petrol Scooter For an Electric One in 10 Minutes #IndiaNEWS #Electric Vehicles Do you want to buy an electric scooter but don’t know what to do with your old

Online Platform Helps You Exchange a Petrol Scooter For an Electric One in 10 Minutes #IndiaNEWS #Electric Vehicles
Do you want to buy an electric scooter but don’t know what to do with your old IC-engine Honda Activa? CredR, a Bengaluru-based omnichannel consumer brand for buying and selling used two-wheelers, now offers customers the choice to liquidate their old two-wheeler and swap it for a brand new electric two-wheeler at a price lower than its original cost. Late last month, the Bengaluru firm announced its latest collaboration with an electric vehicle startup, the Delhi-based Crayon Motors. With this collaboration, users can exchange any petrol-based two-wheeler for a Crayon Motors electric bike. (Representational Image above courtesy Cavan-Images/Shutterstock. com /Indian Autos Blog)
While exchanging the old two-wheeler, CredR will offer instant quotes for old petrol scooters, thus reducing the upfront cost of Crayon Motors e-bikes.
“Users will be provided with convenience and hassle-free exchange of used two-wheelers for electric bikes and receive their new vehicle within days. An instant price quote/ estimate will be generated through the proprietary pricing application powered by CredR. 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 electric two-wheeler,??? notes a press release issued by CredR.
This specific ‘hassle-free exchange program with Crayon Motors is only applicable in Delhi-NCR and Jaipur for now, but there are plans to expand this to Bengaluru and Pune.
Nonetheless, this isn’t the first electric vehicle venture CredR have collaborated with. In the past 12 months, they have onboarded multiple electric two-wheeler brands like Ather Energy, Ampere, Hero Electric, BLive, Okinawa, Gemopai, Tech Electra, Crayon Motors and many more.
Easing The Transition to Electric
Founded in 2014 by Nikhil Jain and Sasidhar Nandigam, CredR entered the Indian market to change the way consumers bought and sold used two-wheelers. For decades, they felt that consumers had been cheated by informal second-hand dealers on price, quality, lack of proper documentation, financing, insurance, guarantees and warranties.
“In simple terms, our vision is to replicate the same customer experience you get while buying a new bike into the used bike category,??? says Sasidhar Nandigam, Chief Strategic Officer at CredR, in a conversation with The Better India.
Sasidhar Nandigam, CSO, CredR
One of the core aspects of their business is figuring out how CredR can help customers buy new bikes and liquidate their old ones. For the past four to five years, they’ve been doing this, working with all the major original equipment manufacturers (OEMs) as exclusive partners.

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