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Tag: OKXE

  • Okxe Unveils Inaugural Branch In Hanoi: A Major Step In Expanding Electric Vehicle Network In Vietnam

    Okxe Unveils Inaugural Branch In Hanoi: A Major Step In Expanding Electric Vehicle Network In Vietnam

    The inauguration of Okxe Vietnam’s inaugural branch in Hanoi, Yadea Okxe Tay Ho, marks a crucial stage in the expansion of the Okxe Station network. This move further reinforces the firm’s strategy to expand its electric vehicle sector, with the goal of advocating for a more sustainable and eco-friendly means of transportation. According to Okxe, making top global electric vehicle brands more accessible to Vietnamese shoppers is a part of their mission. They aim to provide “a one-stop-shop for every bike you’re looking for, at Okxe.”

    Strategic Collaborations

    In the past, Okxe partnered with VinFast for the distribution of electric motorcycles in Ho Chi Minh City. Currently, they have chosen Yadea, a leading electric motorcycle brand from China, as a strategic ally, providing Vietnamese consumers with another high-quality alternative in the electric vehicle market.

    Yadea Okxe Tay Ho Launch

    At Yadea Okxe Tay Ho, customers have the opportunity to browse a variety of contemporary electric motorcycles. This is complemented by after-sales services, official warranties, and consultations with professional staff. Their aim is to provide a holistic customer experience, starting from test rides to personalized recommendations, to assist customers in making informed purchasing decisions.

    Expansion and Customer Experience

    The opening of Yadea Okxe Tay Ho is part of a larger plan to increase operations and enhance customer experiences. By widening the availability of electric vehicles throughout its Okxe Stations, the company aims to advocate for eco-friendly transport in major urban areas.

    An Okxe representative explained, “This effort is more than just business expansion. It’s an important milestone in our journey to promote green mobility in Vietnam. Our objective encompasses more than just individual customers; we strive to assist businesses and organizations in transitioning to electric vehicles in a convenient and sustainable manner.”

    Electric Vehicle Community and Support

    On October 10, Okxe collaborated with Yadea to inaugurate the Okxe Tay Ho electric motorcycle showroom, referred to as a “Station”. This serves not just as a place to purchase bikes, but also as a social hub for users to connect, exchange experiences, and interact with others passionate about green mobility.

    In the near future, Okxe plans to establish the Yadea Hanoi Club, beginning at Yadea Okxe Tay Ho. This club will organize events and workshops where members can share tips on usage and maintenance, thereby fostering a dynamic community of electric vehicle users.

    Furthermore, the company intends to set up free EV charging stations at the station, allowing clients to recharge their vehicles and unwind, thereby enhancing the overall user experience. Okxe is committed to creating a comprehensive EV bike ecosystem where users can connect, engage, and develop together.

    These initiatives are in line with Okxe’s long-term development strategy and mission of “Supporting Your Driving Life”. The firm aims to support users throughout their entire vehicle ownership journey. In the future, Okxe plans to extend its station network to more locations, offering a wider product range from top domestic and international electric vehicle brands, thereby providing even more options to Vietnamese consumers.

    Questions & Answers

    What is Okxe’s mission?
    Okxe’s mission is to bring leading global electric vehicle brands closer to Vietnamese consumers. They aim to provide all types of bikes in one place at Okxe.

    What does the inauguration of Yadea Okxe Tay Ho signify?
    The opening of Yadea Okxe Tay Ho indicates a crucial stage in Okxe’s expansion strategy. It also marks the firm’s commitment to advocate for sustainable and eco-friendly transportation.

    What future plans does Okxe have for improving user experience?
    Okxe aims to enhance the user experience by setting up free EV charging stations at the station and allowing customers to unwind while their vehicles recharge. They also plan to further expand their network and offer a wider range of products from top-tier electric vehicle brands.

  • Okxe opens first motorbike service station in Hanoi

    Okxe opens first motorbike service station in Hanoi

    Hanoi’s first OKXE Motorbike Service Station officially opened at 92 Kham Thien on August 8.

    The station is the second Okxe to open in Vietnam since its online-to-offline (O2O) motorbike business model was put into operation in May 2022. The first was opened in HCMC at 40E Ut Tich, Ward 4, Tan Binh District.

    With an e-commerce platform specializing in trading motorbikes with strengths in AI and Big Data technology developed since 2018, Okxe Motorbike Service Station purchases and sells motorbikes with the market’s first warranty service at an affordable market price.

    In addition, the company provides professional vehicle repair services with a team of well-trained Okxe Care technicians.

    With a modern design and focus on customer experience, Okxe is confident in bringing a special type of motorbike buying and selling service, completely new and unprecedented.

    Okxe provides a clear look outside the motorbike and has strict requirements on the origin and legal documents for the purchase of a used motorbike.

    The company also ensures the quality of the product when building and putting into operation a vehicle quality inspection process consisting of 60 evaluation points for used motorbikes instead of committing to the quality of each vehicle sold at its stations.

    In addition to ensuring the quality of motorbikes sold, the Okxe Care team with experienced personnel also brings peace of mind to customers with a 1-year warranty policy worth more than VND3.3 million (US$139), including 10 comprehensive maintenance categories that apply to both used and new motorbikes.

    All services of Okxe are oriented towards the motto “Buy motorbikes easily, sell motorbikes leisurely,” providing a full range of motorbike buying and selling solutions, from online to offline transactions, including used and brand-new motorbikes for users with guaranteed quality and simple procedures.

    Trang Vu, Vice President of Okxe, said that after more than a year of directly participating in the motorbike business in Vietnam, the company has been recording positive signals with stable sales growth. That is also the basis for Okxe to continue its efforts to perfect the chain of products and services for users.

    “With the opening of the Motorbike Service Station in Hanoi as well as the implementation of the plan to expand the store system from now until the end of 2023, Okxe commits to providing top-quality experiences so that customers are always satisfied during the process of using our services, from considering selection, owning, and using until later transfer,” a representative of the start-up company added.

    On the occasion of opening the Motorbike Service Station in Hanoi in August 2023, Okxe is offering many attractive promotions for customers. Interested readers can read more here.

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  • Used O2O motorbike trade debuts in Vietnam

    Used O2O motorbike trade debuts in Vietnam

    OKXE has pioneered the online to offline (O2O) sale of used motorbikes, rejuvenating the market.

    The inadequacies and bad experience of users when buying used motorbikes are the reason why Wooseok Kim, CEO of OKXE launched an online platform trading used motorbikes in Vietnam.

    “We want to solve the inconvenience of users when trading used motorbikes, providing an easier, safer and more enjoyable online platform,” said the OKXE CEO.

    Founded in August 2018, the initial goal of this start-up is to create a more explicit and secure second-hand motorbike market for users. At the time, OKXE was one of the first mobile platforms in Vietnam in the field. However, a lot of Vietnamese still consider motorbikes to be assets of great value, and online transactions can be problematic due to fraud, subpar autos, and inaccurate prices. The company’s CEO admitted his online platform has only met about 50-60 percent of the original target.

    Operational for more than five years, OKXE Vietnam opened a motorbike service station, put into operation at the end of May 2022, creating a complete O2O model.

    This was a bold strategy, because the O2O model has not been applied by many in the field, said a company representative. “While focusing on the new model, OKXE maintains investment in expanding the market. This is a dual goal that we want to achieve in future.”

    The OKXE service station is expected to provide users with a more comprehensive experience based on the expanding and evolving ecosystem. The service station offers extra services in addition to its online offerings, including quality checks on used motorbikes, price recommendations, consignment acceptance, and sales negotiations.

    The first OKXE Station covers 500 square meters, including: service reception, motorbike wash, refurbishment repair, quality inspection, consignment display, cafe counter…

    This company’s research indicates the majority of Vietnamese frequently pick traditional motorcycle marketplaces or secondhand motorbike shops. By cooperating with this trading approach, OKXE opted to create a national network of collaboration rather than viewing it as a rival.

    To be more precise, this business leverages a plentiful source of clients and used vehicles from its partners, gradually enhancing and perfecting its service chain. On the other hand, OKXE uses a platform with millions of users to assist partners in selling motorbikes more quickly. Additionally, the service center aims to help partners with financial assistance packages for motorbike purchases, warranties, after-sales, photography support, and online sales.

    According to an OKXE representative, the company’s platform has experienced steady growth from the time of launch until now and is always improving. “Currently, the OKXE app has reached seven million downloads on iOS and Android platforms. More than 500,000 motorbikes have been registered and sold successfully through the application”, it was added. “As of July 2022, OKXE Vietnam has nearly 2,000 partner stores nationwide.”

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