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Tork Motors partners with CREDR to facilitate exchanges of used two-wheelers while buying Kratos Tork Motors

Tork Motors partners with CREDR to facilitate exchanges of used two-wheelers while buying Kratos

India Blooms News Service | @indiablooms | 05 Dec 2022, 04:37 pm

Pune: India’s first and fast-growing electric motorcycle manufacturer, Tork Motors has partnered with CredR for a first-of-its-kind      offer for an electric two-wheeler.

Under this partnership, customers will be able to exchange their old two-wheelers on CredR’s platform to buy a brand-new KRATOS, offering best-in-class solutions with transparency, genuineness, and accuracy.

CredR will evaluate the exchange vehicle as per their proprietary inspection on  120+ checkpoints to derive the best-selling value.

The exchange value will be discounted from KRATOS’ buying price. The customer will have to pay only the differential amount to own the KRATOS or KRATOS-R.

Tork Motors launched its flagship product – KRATOS and KRATOS-R in January, this year. The KRATOS is priced at INR 1,22,499 [ex-showroom after subsidy in Maharashtra] and is available in white colour only.

The KRATOS-R is priced at INR 1,37,499 [ex-showroom after subsidy in Maharashtra]; and comes in four colour options white, blue, red and black.. Consumers can book KRATOS and KRATOS-R by visiting the company's official website at www.booking.torkmotors.com.  

Commenting on the partnership, Kapil Shelke, Founder and CEO of Tork Motors said, “This one of its kind proposition is designed especially for Tork Motors’ customers to own their dream electric motorcycle – KRATOS. The collaboration is intended to offer easy accessibility and solution for a cleaner and better mode of transport, along with an element of convivial riding. 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 of CredR, said, “Motorcycle segment is one of the key sectors of the overall automotive Industry. While electric motorcycles are gaining momentum in the rapidly growing EV sector, it has been our endeavour to offer easy access to one of the best electric motorcycles brands in the country. This customer-centric affiliation offers hassle-free accessibility to own 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.”