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Piaggio Unlikely To Launch An Electric Two-Wheeler In India Any Time Soon

Speaking to carandbike, Diego Graffi, Chairman and MD, Piaggio Vehicles Pvt. Ltd. (PVPL) said that the company does not plan to launch an electric two-wheeler in India at least for the next two years. He said the current focus is on electric three-wheelers.

Piaggio India Chariman & MD Diego Graffi with the Vespa Elettrica at Auto Expo 2020 expand View Photos
Piaggio India Chariman & MD Diego Graffi with the Vespa Elettrica at Auto Expo 2020

Highlights

  • Right now Piaggio has no plans to launch an electric two-wheeler in India
  • The company's current focus is on electric three-wheelers
  • However, Piaggio might launch an e-scooter in the future

At a time when several mainstream two-wheeler manufactures are getting into the electric mobility space, Piaggio India has confirmed that it won't be launching an electric scooter in the country any time soon. The news was confirmed by Diego Graffi, Chairman and MD, Piaggio Vehicles Pvt. Ltd. (PVPL) India while speaking to carandbike on the sidelines of the launch of Ape Electrik's new FX range of electric three-wheelers. When asked whether we can expect to see an electric scooter from Piaggio India, Graffi said, "No, not this year, neither the next year. I personally think that the ground in India is much more fertile for three-wheelers electric rather than two-wheeler EV. And overall sales numbers are confirming this."

Also Read: Piaggio Launches Ape Electrik FX Range Of Electric 3-Wheeler For Cargo And Passenger Segment

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Diego Graffi, Chairman and MD, Piaggio India feels that the current conditions are more favourable for electric three-wheelers rather than electric two-wheelers

Talking about the current market trend, Graffi also pointed out that the Government of India's Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME II) programme is largely focused on the passenger and goods transport sector, rather than two-wheelers. Explaining his point he said, "It's worth mentioning that the FAME II scheme has very low disbursement amount for electric two-wheeler. This means that the entry barrier for, in terms of price of accusation, for two-wheeler is still very high, because the cost of technology is still very high, and the gap between a conventional ICE engine and an electric one is far superior in percentage in two-wheeler rather than a three-wheeler. That's why I am saying that I see the ground more fertile for this kind (electric 3-wheeler) of the solution rather than a two-wheeler."

vespa elettrica

Piaggio is looking at localising the Vespa Elettrica's EV powertrain for India however, the company says it will take some time

However, confirming that the company has not dropped the plan to launch an electric scooter in India, Diego Graffi further added, "Our strategy is not to take anything that is available off the shelf, neither here in India nor outside India, we want to develop our own powertrain. We have already developed our own powertrain for Vespa Elettrica In Europe, so we are thinking about localisation of that powertrain here, for India, but that will take some time. But, in the meantime, as I was saying we need to see how the market of two-wheeler electric will start picking up and how much will be the revolution in terms of cost reduction of battery back or whatever it is that will reduce the entry barrier that I mentioned."

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The Vespa Elettrica sold in the European markets is offered in two options - one with a top speed of 45 kmph and a more powerful 70 kmph model. The electric motors in both models are powered by a 4.2 kWh Lithium-ion battery that offers a maximum power of 4 kWh (5.4 bhp) and develops 200 Nm of peak torque. Depending on the riding conditions, the scooter can offer and maximum range of up to 100 km.

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