EV Mechanica

Subscribe to EV Mechanica's Current Newsletter & never miss an update!

    Close Menu
      Facebook X (Twitter) Instagram
      EVMechanicaEVMechanica
      EVMechanicaEVMechanica
      • Home
      • News
        • E-Mobility
        • EV Battery
      • Charging Stations
      • Policy
      • Interview
      • Jobs
      • Events
      • E-Mag
      • Subscription
      Facebook YouTube LinkedIn WhatsApp
      EVMechanicaEVMechanica
      Home » EV Maker Signs a Pact with CredR for Exchange Platform

      EV Maker Signs a Pact with CredR for Exchange Platform

      Aishwarya SaxenaBy Aishwarya SaxenaDecember 6, 2022 E-Mobility 2 Mins Read
      Share
      Facebook Twitter LinkedIn WhatsApp

      Electric two-wheeler company, Tork Motors has signed a pact with CredR to provide customers a platform to exchange their old two-wheelers to buy a Tork Motors’ KRATOS e-bike.

      CredRThe company said that the offer is currently applicable in Pune and Bangalore.

      CredR will evaluate the used vehicle as per their proprietary inspection on over 120 checkpoints to derive the selling value, a statement from the company said. The exchange value will be discounted from KRATOS’ buying price, which means that the customer will only need to pay the differential amount to ride home a brand-new KRATOS or KRATOS-R.

      Kapil Shelke, Founder and CEO, Tork Motors said, “With CredR, we aim to reach out to a wider consumer base, who are looking to upgrade their current two-wheeler, through a better price proposition. We will continue to partner with key players in the industry to ensure that the electric motorcycles segment is accessible and transcends to larger geographies in the country.”

      Sasidhar Nandigam, Co-founder and CEO, CredR, said, “Motorcycle segment is one of the key sectors of the overall automotive Industry. This customer-centric affiliation offers hassle-free accessibility to owning the Tork KRATOS, with a simple process. This will also help bring in the paradigm shift in the electric motorcycle market of the overall EV space in India.”

      The KRATOS electric bike is priced at Rs 1,22,499 (ex-showroom) while the KRATOS R is priced at Rs 1,37,499 (ex-showroom).

      accessibility automotive industry CredR electric motorcycle KRATOS electric bike news Tork Motors
      Share. Facebook Twitter LinkedIn WhatsApp
      Aishwarya Saxena

      More article from Aishwarya Saxena

      Keep Reading

      Delhi Aims for All-Electric Public Transport by 2026

      Hyundai Announces India’s First Locally Designed EV

      Suzuki e Vitara Electric SUV to be launched in Japan in 2026

      Leave A Reply Cancel Reply

      ten + nine =

      E-MOBILITY

      Delhi Aims for All-Electric Public Transport by 2026

      September 19, 2025

      Hyundai Announces India’s First Locally Designed EV

      September 19, 2025

      Suzuki e Vitara Electric SUV to be launched in Japan in 2026

      September 19, 2025

      Volvo Buses and MCV Launch New Egyptian EV Plant

      September 19, 2025

      Articles

      Mobility’s Hidden Backlog: How India’s Vehicle Boom Created a Challan Pendency Problem

      India’s vehicle base is vast—and still growing. As of February 8, 2025, VAHAN records show…

      New GST Playbook: What It Means for Cars, Bikes and EVs

      The Government of India has just announced a key reform of the Goods and Services…

      Battery Leasing: A Scalable and Affordable Solution for Businesses and Fleet Operators

      The rapid adoption of electric mobility in India is transforming how businesses and fleet operators…

      © 2025 EVMechanica.com.
      • Home
      • About Us
      • Contact Us
      • Subscription

      Type above and press Enter to search. Press Esc to cancel.