Used-car marketplace, Spinny, on Wednesday said it has partnered with Tesla to enable Indian customers to seamlessly exchange internal combustion engine (ICE) vehicles for electric cars through an integrated digital platform.
Under the partnership, Spinny will act as one of Tesla’s preferred exchange partners in India, allowing customers to sell their existing vehicles and purchase Tesla models through a single process, the company said in a statement.
As part of Tesla’s “Switch and Save” programme, customers can avail an exchange incentive of up to ₹3 lakh, along with Spinny-specific benefits of up to ₹25,000 on delivery. The offering also includes financing options with EMIs starting from ₹49,000, subject to lender approval and tenure conditions, with a down payment of around ₹6 lakh.
Spinny said that the combined benefits and lower running costs of electric vehicles could reduce effective ownership costs, particularly when fuel and maintenance savings are factored in.
Integrated digital purchase journey
Customers can sell their existing vehicles through the Spinny app, Spinny hubs or Tesla centres and place Tesla orders through a unified digital flow.
The collaboration aims to simplify vehicle valuation, documentation and ownership transfer, addressing key friction points in the transition from conventional vehicles to electric mobility.
India’s electric passenger vehicle segment is growing at over 40 per cent year-on-year but still accounts for less than 3 per cent of total passenger vehicle sales, indicating significant headroom for future adoption, according to industry data.
