Piaggio has launched an all-electric version of their iconic Ape three-wheeler today in Delhi. The Ape E-City features battery-swap technology (simply swap an empty battery for a charged one at automated service stations) to make range anxiety a thing of the past.
Pictured above at the presentation earlier today, are Diego Graffi, CEO of Piaggio PVPL (the Piaggio Group’s Indian subsidiary), Italy’s Ambassador to India, Vincenzo De Luca, Road Transport Minister, Nitin Gadkari, and Amitabh Kant, CEO of Niti Aayog – the think tank set up by the Indian Government to promote sustainable development in the country.
India has recently introduced the FAME Programme (no, it’s not a 1980s New York school for wannabe dancers) but stands for Faster Adoption and Manufacturing of Hybrid and Electric Vehicles. FAME is aimed especially at promoting the purchase of two and three-wheeled electric/hybrid vehicles in India. Incentives include a reduction from 12% to 5% in the Goods and Services Tax, (a VAT equivalent), on these vehicles.
India’s electric market is currently valued at around 71 million dollars but is expected to exceed 700 million dollars by 2025. The Ape is widely used for commercial services in developing countries, delivery of fruit and veg, and for use as mobile shops/street food stalls (a trend also seen across Europe), whilst the Ape Calessino (pictured above) is often used for taxi services and to link the suburbs (unserviced by public transport) with city centres. It’s an area Piaggio exceed in, they currently have a 23.8% overall share of the Indian three-wheeler market and a leading 42% share of the cargo segment.
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