Piaggio Vehicles continues to dominate the Electric three-wheeler Cargo range- becomes No.1 in the segment

• Piaggio is the Market leader in the  EV Cargo Business for YTD FY 21-22.
• Piaggio Dominates the EV cargo segment  with a Market share of 55% in Nov 2021.

Pune, 10^th December 2021:  Piaggio Vehicles Pvt Ltd (PVPL), a 100 % subsidiary of the Italian Piaggio Group, European leader of the 2Wheeler sector and India’s leading manufacturer of small commercial vehicles becomes the market leader in the Electric three-wheeler cargo segment, creating a new benchmark.

In February 2021, Piaggio launched its FX range of electric vehicles in both the cargo and passenger segments and has now gained  55% of the cargo electric three-wheeler market. Currently, Piaggio is the market leader in L5N Electric three-wheeler Cargo segment for the period H1 FY 2021-22.

Piaggio’s, Apé E-City & Apé E-Xtra comes in both fixed & swappable battery solutions. The passenger vehicle, Apé E-City FX  the most profitable 3 wheeler for its customers. Its superior features and comfortable ride ensures higher number of trips and best in class earnings. The Piaggio I-Connect telematics solution offers real-time vehicle data tracking for customers and for PVPL service initiatives.

The new Apé E-Xtra FX is a powerful electric cargo in the segment with 9.5 Kw power output. It comes with a proven full metal body architecture fitted with a useful 6 ft. cargo deck length. It is also customizable for applications like the delivery van for the e-commerce segment & garbage collector for municipal applications etc. Piaggio has developed various institutional & government applications with EV garbage tipper as 1^st of its kind vehicle for Swachh Bharat application.

Piaggio has been the most preferred choice amongst the top fleet operators in the country like, MoEVing, Amplus, City Link, which is a step forward towards providing easy, cost-effective, and eco-friendly last-mile transportation. Further, to provide end-to-end green mobility solutions, Piaggio has also forged strategic collaborations with partners such as SUN Mobility and Reliance BP Mobility (JioBP) for providing complete electric mobility solutions and infrastructure in the country.

Mr. Diego Graffi, Chairman and Managing Director, Piaggio Vehicles said, “ We at Piaggio firmly believe that India is seamlessly moving towards green mobility spearheaded by electric vehicles. This is attributed to policies like FAME-II and the  PLI scheme along with subsidies provided by the government that adds benefit to the end customers. Piaggio in India is proud to showcase its leadership in the electric three-wheeler cargo segment with a market share of 55%. We further remain committed to delivering best-in-class products for our customers that enable the aim of achieving green mobility for a greener future.

The Piaggio Group has been a pioneer in electric mobility since the mid-1970s, continuously searching for the most technologically advanced solutions, developed in its R&D centers around the world. It sees the ability to combine robotics and software as key to enhancing future mobility systems in every city and, with its e-vehicle production operations and infrastructure management capabilities, the Group intends to continue to be a leader of the ongoing revolution.”

Apé Electrik FX range of vehicles can be booked online on www.buyape.in or by calling the toll-free no.  1800-120-7520. Bulk orders request can be placed on ape.Electric@piaggio.co.in.

About Piaggio Group:

The Piaggio Group the largest European manufacturer of two-wheel motor vehicles and one of the world leaders in its sector. The Group is also a major international player on the commercial vehicle market. The Piaggio Group product range includes scooters, mopeds and motorcycles from 50 to 1,200 cc marketed under the Piaggio, Vespa, Gilera, Aprilia, Moto Guzzi, Derbi and Scarabeo brands. The Group also operates in the three- and four-wheel light transport sector with its Apé, Porter and Quargo ranges of commercial vehicles.

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 and Alternate fuel 3-wheeler segments. Piaggio is a leading player in the light transportation industry with a complete range of three wheelers in Diesel, Petrol, CNG, LPG fuel variants & has also entered the Electric vehicle market. The Company’s products are not only endorsed by over 3.0 million satisfied customers across India but also exported to more than 50 countries worldwide.

Piaggio has a state-of-the-art manufacturing plant at Baramati in Maharashtra, with an installed annual production capacity of over 3,80,000 commercial vehicles & 1,50,000 two-wheelers. It is also self-reliant in some of the engine categories with its advanced engines plant with a capacity of 2,00,000 engines. Piaggio has an over 4000-strong work force comprising experienced engineers, R&D specialists, plant workers, sales, service and marketing professionals.

About Aprilia:

Aprilia was born into racing and is the real sporty flagship brand for Piaggio Group. With 294 Grand Prix races won in Road Racing World Championship, Aprilia holds the record for the most wins of any European manufacturer in the history of maximum motorcycle competitions. These are joined by an impressive 54 world titles: 38 in Road Racing World Championship, 7 in Superbike and 9 in Off Road disciplines.

About Vespa:

Piaggio invented the Vespa in 1946. Having successfully established itself in the world-wide two-wheeler segment, Vespa was launched in India in April 2012. The Company has a state-of-the-art plant in Baramati, Maharashtra, where it manufactures the iconic Vespa alongside the Aprilia SR and SXR range.