British automobile brand One Moto India has announced its partnership with Reliance General Insurance to offer easy insurance services for its customers.
Following the partnership with Reliance, General Insurance will exclusively provide motor insurance to all One Moto India customers.
The brand has been on an aggressive launch spree announcing three electric scooters within 3 months- Byka, Electa, and Commuta.
Speaking on the partnership with Reliance General Insurance, Aditya Reddy, VP, Marketing & Sales, One Moto India said, “We are strengthening the services and product portfolio from all the facets. We already announced the new manufacturing plant and investment plans in the pipeline. Our three products are already on road getting an overwhelming response. While we move ahead in sync with the strategy, this association with the very reputed Reliance General Insurance is another milestone achieved. We aim at growing aggressively to serve the customers, and play an active part in the e-Mobility mission.”
“The electric 2-wheelers penetration in India is expected to rise from 2% in FY21 to 10-15% by FY26. With such projections and growing demand, we see a great scope for us to be an enabler in the space. As the nation makes the responsible shift towards e-Mobility for a better and greener future, we have an equally significant contribution to make in the process. Our partnership with One Moto reflects our commitment and is aimed at achieving those goals,” Anand Singhi, Chief Distribution Officer, Reliance General Insurance added.
The company targets to manufacture over 40,000 units in the first phase of the plant launch itself.