Piaggio Vehicles has announced that it intends to introduce a fully electric three-wheeler in India by the mid of 2019.
The establishment, which retails small commercial vehicles together in cargo and passenger segments, anticipates to upgrade most of its products to cater to BS VI emission standards by the end of 2019.
"India is one country which is investing more on electric mobility. We are preparing for this right in advance.The demand at the moment is not very big but we expect it to increase quite fast so we plan to introduce our fully electric three-wheeler by the middle of this year," Piaggio Vehicles MD & CEO Diego Graffi said.
The three-wheeler will be developed in-house with some components coming from external suppliers, he further.
While the enterprise will be importing lithium-ion battery cells, other mechanisms like engine and battery management system would be completely localized, Graffi believed.
On groundworks for evolution to BS VI norms, he supposed that the establishment is equipped with a fuel application mechanism for its product range. "So we are planning to be prepared in advance, 4-5 months ahead of the deadline (April 1, 2020). We are lining up all our investments, in order to be equipped certainly by the end of this year," Graffi alleged.
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