Tork Motors Partners with CredR to Swap Kratos Electric Motorcycles

For the first time, Tork Motors has partnered with CredR, an online sales platform for used two-wheelers, to facilitate exchange offers for Kratos electric motorcycles. As part of the partnership, customers will be able to swap their existing petrol-powered two-wheelers for brand new Kratos. CredR is committed to providing a seamless transaction process that is transparent, authentic and accurate, the company said in a statement.

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Updated on:
December 6, 2022 at 17:55 pm

The exchange program is designed to allow you to get Tork Kratos powered by CredR at a higher value

Also read:Tork Motors opens first experience center in Pune

Commenting on the partnership, Kapil Shelke, Founder and CEO of Tork Motors, said: “This is a one-of-a-kind proposal, designed for Tork Motors customers to own the electric motorcycle of their dreams – the Kratos. The collaboration aims to provide convenient transportation and solutions for cleaner and better transportation, as well as an element of joyful riding.Through CredR, we aim to reach a wider group of consumers who want better price propositions upgrading their current two-wheelers. We will continue to work with the key players in the industry to ensure that the electric motorcycle market can reach and expand beyond larger parts of the country.”

Tork Motors recently opened its first experience center in Pune and plans to open more in India

Tork Motors recently opened its first experience center in Pune and plans to open more in India

CredR co-founder and CEO Sasidhar Nandigam said: “The motorcycle segment is one of the key areas of the entire automotive industry. While electric motorcycles are gaining momentum in the fast-growing electric vehicle sector, we have worked hard to make it easy for people to Access to one of the best electric motorcycle brands in the country. This customer-centric alliance provides hassle-free access to own a Tork Kratos through a simple process. This will also help in the electrification of the entire electric vehicle segment in India A paradigm shift in the motorcycle market.”

Also read: Tork Motors to open new factory soon, expand production to 5,000 units per month

CredR will evaluate used two-wheelers for replacement based on its 120+ inspection point process. The exchange value will be deducted from the purchase price of the new Kratos electric motorcycle. Tork Kratos comes in two models – Standard and Kratos R.price from ¥122,000, rising to ¥137,000. All prices are ex-showroom Maharashtra and subject to FAME subsidy. This exchange program is currently only available in Pune and Bangalore.

Tork Kratos has been on sale since January of this year. The company is currently operating in Pune and has opened its first experience center in the city. The brand also offers vehicles in Bengaluru and Mumbai. The company is also opening a new manufacturing facility in Chakan, Maharashtra, which is expected to start operations within a few weeks.

First published date: December 6, 2022 at 17:55 PM CST

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