Piaggio has successfully captured the commercial three wheeler market in terms of electric powertrain and has fetched decent sales figures. Currently manufacturing two wheeler scooters like Vespa and Aprilia, Piaggio EV division plans to divert funds towards research and development for unique solutions in electric mobility.
Piaggio plans on developing technologies like battery swapping and electric mobility seeing the gravity of the environmental and social situation today. They want to choose the path of cost optimisation and breakthrough technology in the same hand. It might sound unrealistic but the Italian automaker is confident enough as they can overcome these challenges with time.
Piaggio plans on developing a sustainable product which can be a value for money package for their customers even if the government subsides or grants are pulled off in future. As per a few higher officials in Piaggio India, most of the volumes in the two wheeler EV sector are being generated because of government subsides and this turnover would surely face a decline due to minor changes in policies too. The Indian public is ready to have a hands on experience with electric mobility keeping in mind the monetary advantages they get and they tend to ignore the technological advantages of electric mobility.
Currently, the centre and state governments have introduced subsidies of upto 40% on manufacturing, sales and ownership of an electric two wheeler which makes it economical for the automotive manufacturer as well as the buyer. However, India in terms of the charging and manufacturing infrastructure is not practical prepared for transition to electric powertrains.
As Piaggio already manufactures electric scooters for the European markets, they plan to introduce electric two wheelers in india which would be developed from the scratch. Thus, not focussing on market presence in electric powertrain based two wheelers, Piaggio India plans to take its won sweet time to deliver the best results.
Also Read: Piaggio Opens New EV Experience Centre In Chennai- Full Details
So, what do you think about electric powertrain based two wheelers in India? Would Piaggio EV be able to capture the markets at a later stage? Do you feel that electric scooters in India need some special features or modifications to sustain the pulled off subsidies? Share your views in the comment section. Let's get into a discussion with this in our 91Wheels Telegram and 91Wheels Whatsapp group, where you can know more about vehicles, conduct discussions on your favourite ride, and much more! You can also subscribe to our Youtube channel for our exclusive video content on the latest from the world of cars and motorcycles. Also, connect with us on Facebook, Instagram, and Twitter for more about vehicles!
