Okinawa, CredR ink pact to launch exchange offer on petrol two-wheelers

The scheme was initially launched in Ahmedabad, Delhi NCR, Hyderabad, Jaipur, Bangalore and Pune, and will soon be expanded to other cities across the country, it added

MUMBAI : Electric two-wheeler maker Okinawa and online platform for used bikes CredR have partnered to launch exchange offer on any petrol-based two-wheeler for e-scooter. As a result of the pandemic, people are becoming environmentally conscious and are moving towards the adoption of e-vehicles, which are gaining higher acceptability – also due to the low purchase price and running costs, among others. With people moving towards EVs, it was natural for CredR to collaborate with Okinawa, a release said on Tuesday.

The scheme was initially launched in Ahmedabad, Delhi NCR, Hyderabad, Jaipur, Bangalore and Pune, and will soon be expanded to other cities across the country, it added.

While exchanging the scooter, CredR will offer instant quotes for old petrol scooters, thereby reducing the upfront cost of Okinawa scooters, it said.

Source : economictimes