MUMBAI: Continuing with the commitment to strengthen its presence and reach in the Indian market, Odysse Electric Vehicles today announced the opening of the 7th outlet in the Mumbai Metropolitan Region. The new dealership is in Thane (Ebizeco solutions, st /1 – g6, Flower Valley Complex Co-Op Housing Society, Opp Vivana Mall Panchpakadi Thane ( w )). The latest dealership will offer Odysse’s best-in-class products and services to discerning customers in Mumbai and adjoining areas.

The showroom, with an area of 400 sq ft, has the capacity to hold 10 display bikes & scooters. The brand-new outlet will present Odysse’s current product offerings like V2, Trot, Hawk, and Evoqis and their vibrant colors along with authentic accessories and parts. The showroom, which is strategically located, comprises of well-trained and knowledgeable staff who possess the required expertise to handle any queries that interested buyers might have regarding Odysse’s products or electric vehicles in general.

Speaking on the occasion, Mr. Nemin Vora, CEO, of Odysse Electric Vehicles Pvt. Ltd., “We are excited to announce the launch of our 7th showroom in MMR. The launch is in line with Odysse’s vision of making electric vehicles accessible to customers and making the purchase process easier and smooth. The outlets also enable our customers to interact with the brand, acquire product information, and check out the range of Odysse’s accessories and apparel, providing them with a unique buying and ownership experience. With the new outlet, we aim to offer our customers a one-stop destination for electric bikes & scooters.”

Launched in the year 2020, Odysse has been aggressively strengthening its footprint in the country. With the newly launched outlet, Odysse currently has 16 sales outlets operational in Maharashtra. With a presence in 14 states, the retail network of the company across India stands at 63 outlets and 63 service outlets. The company also has an exclusive outlet in Nepal. The company has plans to expand its network even further as more such dealerships are slated to commence operations in the coming months.

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NEW DELHI: Ola Fleet Technologies, India’s largest mobility platform and one of the world’s largest ride-hailing companies have partnered with Dbest Cars India, one of India’s largest commercial used car trading start-ups to dispose of their used commercial fleet vehicles from their existing fleet of cars in a deal worth over INR 125 crores.

All rental or taxi cab services companies are required to dispose of their existing fleet in a gradual phase so as to replace it with the new & latest fleet. The outgoing fleet of used vehicles is replaced with a fleet of new vehicles. As the largest radio taxi company in India, Ola Fleet Technologies is undertaking the process to dispose-off over 5000 number of used commercial cars through the services of Dbest Cars India.

Commenting on the same, Gulshan Rao, Director at Ola (Risks & Brand Protection) said, “Sale of Used commercial cars is totally different from the sale of normal used cars (white plate). For the sale & purchase of used commercial cars, there are a lot of obligations that need to be carefully fulfilled and as a responsible company, we need to choose the right partner for this so as to avoid any future disputes.” He further added, “We are in process of disposing of our existing fleet which is now obsolete and for the same, we have selected Dbest Cars to be our partner as they are an established company and expert in the used commercial vehicles industry and they have a good reputation of efficiently working with other big corporates like Avis, Orix, Uber, etc.”

Dbest is committed to streamlining the unorganized used car sector in India by giving a platform to every car dealer or services company in India where they can buy and access the best pre-owned commercial vehicles directly. With their in-market intelligence and end-to-end services to dispose of used cars, Dbest Cars India allows customers to realize higher prices (guaranteed RVs), offload all regulatory risks, and focus on their key business operations.

Commenting on the partnership, Dinesh Singh, MD & CEO at Dbest Cars India said, “We are fortunate to be able to get the opportunity to work with India’s largest radio taxi company and feel proud to have been chosen by Ola to help them dispose-off their thousands of used commercial vehicles. This association will provide an accelerator for the growth of our start-up.”

The introduction of regulatory changes such as BS-VI emission norms and scrappage policies have created an ecosystem for the utilization of and demand for used cars in India. An increasing motorization rate, lower vehicle replacement cycle, and increasing penetration of used car financing are expected to grow the Indian used car (UC) market at a CAGR of 15% between FY21 and FY26 to touch about 8 million units.

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