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Second, there may be short -term advantage for upway, but our goal is to help our partners and the industry grow for the long term. We are confident that we can work together to build a healthy, thriving ecosystem (manufacturers, retailers, leasers, rentals, retailers).

That’s why we’re doubling down on:

Trade-in program: Exchange your old e-bike for credit toward a new one.
Buy-back Warranty: Upway offers to re-buy it your e-bike in a serial period, giving us added peace to yourself.
Offer subscription: Rent an e-bike with flexible plans every month instead of buying outright.

To keep on reducing the cost of ownership and continuing to support the ecosystem -even in difficult times. As an example, shops that completely increase our trade-in programs can generate up to 20% of sales in trade-ins. We are committed to finding other ways to push new bike sales into our partner details and manufacturers, think about a warranty back purchased by upway for each new bike purchase or somehow make the rest of the industry profit from an upway sale through maintenance & professional assembly, filing or picking up services.

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