<p>CredR, omni-channel platform for buying and selling used two-wheelers, on Monday said it has partnered with Pune-based electric two-wheeler maker Techo Electra Motors for exchange of any petrol-based two-wheeler with the latter's electric bike.</p>.<p>Under the collaboration, while exchanging the old two-wheeler, CredR will offer instant quotes for old petrol scooters thus reducing the upfront cost of Techo Electra e-bikes, the company said in a statement.</p>.<p>Commenting on the partnership, CredR Chief Strategic Officer Sasidhar Nandigam said India's electric 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.</p>.<p>"Currently, electric mobility contributes to less than 1 per cent of the two-wheelers market that can only increase from here. We are tremendously excited to partner with Techo Electra in bringing about this shift in the market," he added.</p>.<p>Techno Electra Managing Director Prakash Bhootra said the partnership with CredR will further give a fillip to the already growing electric two-wheeler space.</p>.<p>"There is a large section who wants to exchange their old vehicles with new ones, it's all about making it as convenient as possible to buy a Techo Electra," he added.</p>.<p>During the exchange process, customers will get an instant price quote/estimate generated through the proprietary pricing application powered by CredR, which will verify documents and the health of the petrol version of the two-wheeler.</p>.<p>The exchange price will then be adjusted against the final cost of the new Techo Electra electric two-wheeler. Currently, the programme is applicable in Delhi-NCR, Jaipur, Bangalore, and Pune and will soon be expanded to other cities across India, the statement said.</p>
<p>CredR, omni-channel platform for buying and selling used two-wheelers, on Monday said it has partnered with Pune-based electric two-wheeler maker Techo Electra Motors for exchange of any petrol-based two-wheeler with the latter's electric bike.</p>.<p>Under the collaboration, while exchanging the old two-wheeler, CredR will offer instant quotes for old petrol scooters thus reducing the upfront cost of Techo Electra e-bikes, the company said in a statement.</p>.<p>Commenting on the partnership, CredR Chief Strategic Officer Sasidhar Nandigam said India's electric 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.</p>.<p>"Currently, electric mobility contributes to less than 1 per cent of the two-wheelers market that can only increase from here. We are tremendously excited to partner with Techo Electra in bringing about this shift in the market," he added.</p>.<p>Techno Electra Managing Director Prakash Bhootra said the partnership with CredR will further give a fillip to the already growing electric two-wheeler space.</p>.<p>"There is a large section who wants to exchange their old vehicles with new ones, it's all about making it as convenient as possible to buy a Techo Electra," he added.</p>.<p>During the exchange process, customers will get an instant price quote/estimate generated through the proprietary pricing application powered by CredR, which will verify documents and the health of the petrol version of the two-wheeler.</p>.<p>The exchange price will then be adjusted against the final cost of the new Techo Electra electric two-wheeler. Currently, the programme is applicable in Delhi-NCR, Jaipur, Bangalore, and Pune and will soon be expanded to other cities across India, the statement said.</p>