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Piaggio Sells About 12,000 Electric 3-Wheelers

By PTI October 27, 2023

The Indian subsidiary of the Italian automaker has achieved sales of approximately 26,000 units of its electric three-wheelers since their introduction in 2019

Piaggio Sells About 12,000 Electric 3-Wheelers
Piaggio Vehicles unveiled their first three-wheeler passenger electric vehicle, the Ape E-city FX NE Max, in Tamil Nadu. Shutterstock
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Piaggio Vehicles Pvt. Ltd., the Indian subsidiary of the Italian automaker Piaggio & C. SpA, has achieved sales of approximately 26,000 units of its electric three-wheelers since their introduction in 2019. According to Amit Sagar, the company's Executive Vice President for Commercial Vehicles, they had retailed around 12,000 units as of last year.

Piaggio Vehicles unveiled their first three-wheeler passenger electric vehicle, the Ape E-city FX NE Max, in Tamil Nadu. Priced at Rs 3.46 lakh, this passenger vehicle is an addition to their existing range of cargo vehicles. Amit Sagar emphasized that they were not just introducing a product but also a new commuting approach, featuring a driving range of 145 kilometers on a single charge and an impressively low running cost of just 0.50 paise per kilometer.

Sagar stated that the company had sold approximately 26,000 units throughout India, with last year's sales reaching around 12,000 units. He also mentioned that Piaggio Vehicles had established an 11-dealership network across Tamil Nadu following the launch.

Diego Graffi, Chairman and Managing Director of Piaggio Vehicles Pvt Ltd, expressed his excitement about introducing an industry-first electric vehicle in the passenger segment, the Ape E-city FX NE Max in Chennai. He emphasized that the vehicle represents the future of sustainable and cost-effective urban mobility, designed to cater to the evolving needs of customers while providing a clean and eco-friendly mode of transportation.

Piaggio Vehicles remains committed to advancing India's efforts in adopting alternative fuels and delivering fuel-agnostic solutions for various customer needs, with a strong focus on the future of mobility. The new Ape E-city FX NE Max features a 12-inch tyre for improved ground clearance and is fully assembled by an all-women team at the company's factory in Baramati, near Pune in Maharashtra.

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