Green Transportation

Electric Vespa Can be Ready for the Indian Market in 2019

Diego Graffi, CEO and MD of Piaggio Vehicles India at a recent event expressed optimism about his company’s plans for electric mobility, with commencement of production in Italy and sales of their new Vespa Elettrica scooter in Europe.

Diego Graffi, CEO and MD of Piaggio Vehicles India

“Electric is seeing a lot of discussions in India both for scooters and cars. I see a positive environment for people like us to do something. We are ready with the technology and just started production of Vespa electric in Italy. We are studying what could be the evolution here in India and I am quite optimistic. Batteries are critical for growth and market research is telling us that costs will go down in the coming years,” said Graffi.

He emaphasiszed on the need to clear the landscape of electric vehicles in India. While confirming that the company plans to release the electric Vespa in India, only after ‘all the pieces fit the puzzle’.

“When that happens, the sky is the limit for electric scooters though there is a lot of work ahead,” he added. The Indian government is keen to get ahead on the electric mobility trend, but it still needs to address key practical issues of infrastructure and a reliant charging network as fiscal sops to both the manufacturers and customers.

“The product and technology is available already and Piaggio is proud of it but there are two things to do in parallel to make the business model viable: Infrastructure for charging and cost of batteries,” adds Graffi.

The sales of the new Vespa Elettrica, will begin in Europe next month, followed by the US and then in Asia beginning 2019. The scooter has a maximum range of 100 km. The scooter reportedly is user friendly where the rider simply plugs the cable located in the compartment below the saddle into a normal electric wall socket or into any recharging point in a city.

Ayush Verma

Ayush is a correspondent at iamrenew.com and writes on renewable energy and sustainability. As an engineering graduate trying to find his niche in the energy journalism segment, he also works as a staff writer for saurenergy.com.

Recent Posts

Delta Biogas awards work order to PlanET for 12-TPD CBG plant in Andhra Pradesh

The Delta Biogas Palnadu Two Pvt. Ltd, a company owned by reputed Delta Group, has…

8 hours ago

BIOGAS TENDER: Himachal Pradesh invites bids for 20-TPD CBG plant in Una

The Municipal Corporation of Una in Himachal Pradesh has floated a short-term tender for the…

9 hours ago

PadCare gets $3 million funding to bolster sanitary waste recycling in India

Cleantech start-up PadCare has raised $3 million (Rs 27.2 crore) in a pre-Series A funding…

9 hours ago

WtEnergy raises €10 million to bolster biofuel portfolio

Barcelona-based Waste to Energy Advanced Solutions (WtEnergy) has raised €10 million in fresh funding to…

9 hours ago

PNGRB approves guidelines for CBG injection into gas grids

The Petroleum and Natural Gas Regulatory Board (PNGRB) has approved comprehensive guidelines for the injection…

9 hours ago

Anant School inks pact with Canadian University to step-up research in climate action

Anant National University’s Anant School for Climate Action (ASCA) has signed an MoU with the…

9 hours ago