Piaggio Vehicles Pvt Ltd, announced that it has delivered 10,000 electric vehicles in India in the calendar year 2022. The company, a manufacturer of three-wheelers in India, launched its first electric three-wheeler in the country in 2019 with the company saying that it has maintained a 40 per cent market share in the L5 segment (three-wheelers with top speed over 25 kmph).
Piaggio electric three-wheeler, the Ape Electrik, is offered in several variants including for passenger and cargo carrying while also offering the option of fixed and swappable batteries.
Speaking about the milestone, Diego Graffi, Chairman and Managing Director, of Piaggio Vehicles Pvt Ltd said, “Over the last three years, we have established that the benefits of switching to 3-Wheeler EVs are immense and it reaps maximum savings for entrepreneurs and B2B businesses. Our 3-Wheeler EV product prowess ensures we set industry benchmarks as we continue to make significant contributions to India’s EV infrastructure. Delivering over 10,000 Apé Electrik vehicles is a momentous feat and I look forward to delivering over 20,000 in 2023.”
The company last year partnered with Gulf Oil India to launch a specialised line of lubricants for its range of three-wheeler EVs.
