- The event was conducted by Petroleum & Natural Gas Regulatory Board (PNGRB) at Vigyan Bhavan
New Delhi, 26 August, 2019: Piaggio Vehicles Pvt Ltd (PVPL), a 100 % subsidiary of the Italian Piaggio Group (European leader of the 2wh sector) and India’s leading manufacturer of small commercial vehicles displayed its CNG three-wheeler cargoApe’ Xtra LDX+ at an event conducted by Petroleum & Natural Gas Regulatory Board (PNGRB) at Vigyan Bhavan. This CNG range includes Ape’ City, the revolutionary Ape’ City+ with India’s first 3 Valve Engine 3 Wheeler and industry’s first of its kind water cooled three-wheelers in passenger and cargo categories viz: Ape’ Auto Dx, Ape’ Auto DXL , Ape’ Auto+ (India’s first 3 wheeler 5 seater) , Ape Xtra LDX (5.5 ft cargo), and Ape’Xtra LDX+ (industry’s first 3 wheeler 6ft cargo CNG). These products are available at the lowest down payments from Nationalised Banks and with attractive finance options.
The event was organized by PNGRB for launching CNG City Gas distribution in 64 Geographical locations of the country. Mr. Dharmendra Pradhan, Hon’ble Minister of Petroleum and Natural Gas, was present on this function. Piaggio was one of the few manufacturers from the auto industry to get this opportunity to showcase their CNG vehicle at this event.
Speaking on the occasion, Mr. Saju Nair, EVP and Head of Commercial Vehicle Business, Piaggio India Pvt. Ltd. said,“We are very happy to be a part of this great initiative taken by the government. It is a matter of pride for us to display our CNG vehicle at this function. Alternate fuel technology is growing and to cater to the market’s changing needs we have introduced a range of CNG products across segments. At Piaggio our core philosophy is to provide path breaking solutions in the last mile transportation segment and we are committed to provide best in class offerings to our customers.”
Mr. Malind Kapur, Senior Vice President, Marketing, Piaggio Vehicles said, “We would like to thank the Central Government for its emphasis on cleaner fuels. Setting up of CNG City gas distribution in 64 geographical locations will further provide greater access of cleaner fuels to consumers. Piaggio, being a socially responsible organisation, has worked on developing an entire range of cleaner fuel vehicles. Currently we have the largest range of CNG 3 wheelers in India both in passenger and cargo segments. With the growing CNG infrastructure in the country I see many new opportunities for us in the near future.”
About Piaggio Vehicles Pvt. Ltd.
Piaggio Vehicles Pvt. Ltd. is a 100% owned subsidiary of the Piaggio Group. The Company commenced operations in India in 1999 with the launch of the three-wheeler brand Apé, which was an immediate success and has grown from strength to strength over the years. PVPL created the market, grew it, and has sustained a dominant position in the Diesel 3 wheeler segment. Piaggio is a leading player in the light transportation industry with a complete range of three and four wheelers in Diesel, Petrol, CNG, LPG fuel variants. The Company’s products are not only endorsed by over 2.7 million satisfied customers across India but also exported to more than 40 countries worldwide.
Piaggio has a state-of-the-art manufacturing plant at Baramati in Maharashtra, [with an installed annual production capacity of over 300,000 three-wheelers and 80,000 four-wheelers]. It is also self-reliant in some of the engine categories with the completion of its advanced engines plant on the same campus. Piaggio has an over 3000-strong work force comprising experienced engineers, R&D specialists, plant workers, sales, service and marketing professionals.
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