KR Motors Signs MOU with Onus, a Comprehensive Two-Wheeler Solution Provider
KR Motors and Onus Group announced on the 20th that they have signed a strategic business agreement (MOU) to proactively respond to the rapid electrification trend driven by the eco-friendly paradigm shift in the global mobility industry. The agreement aims to expand the electric two-wheeler rental market and provide so-called ‘comprehensive care services’ including insurance, maintenance, and education.
The signing ceremony held at Onus headquarters in Mapo-gu, Seoul, was attended by key officials including KR Motors CEO Ko Jae-cheol and Onus Group CEO Kim Jong-ho.
KR Motors, the largest electric two-wheeler company in Korea, plans to lead the spread of electric two-wheelers by supplying its bestseller model K-WIN125 through various channels including Onus Group’s proprietary platform, a comprehensive two-wheeler solution provider, and by selecting verified models centered on its independently developed electric two-wheeler (e-lution) to offer rental services that eliminate purchase burdens.
In particular, the rental products developed jointly with Onus will feature rider-friendly comprehensive care services specialized for electric two-wheelers, including various insurance options, repair, maintenance, and safety education. They plan to maximize customer convenience by utilizing Onus’s proprietary maintenance platform, ‘Onus Rider,’ for KR Motors customers.
KR Motors, which holds market share and competitiveness in the Southeast Asian mobility market, and Onus Group, which has competitiveness in comprehensive two-wheeler solutions such as standard maintenance fees, data, and maintenance platforms, plan to continue various collaborations to successfully capture the domestic market and then expand into the global market based on this foundation.
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Meanwhile, Onus Group is Korea’s first data-based comprehensive two-wheeler solution company, providing ‘life cycle management services’ that cover the entire two-wheeler life from purchase → insurance → maintenance → resale → repurchase and safety education. It is recognized as a company leading the culture of the two-wheeler market based on over 20 years of accumulated know-how and capabilities.
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