Diego Graffi News Today

ETAuto EV Conclave: The EV Conclave organised by ETAuto at Hyatt Regency, New Delhi, showcased how the automotive industry is transitioning to sustainable and eco-friendly mobility solutions. The Conclave brought some of the best minds from the domestic and global EV landscape together to discuss, debate and design a better, cleaner, safer and more sustainable future for the Indian automotive industry. It acted as a catalyst for the industry to stay abreast of the current and evolving market con...

Ev Transition: In the electric vehicle journey, the governments role as a key motivator and facilitator has been critical, according to the EV industry stalwarts who gathered for the eighth two-day ETAutoEVC in New Delhi on Wednesday. But they are asking for more clarity and certainty on policy implementation.

In the late 1950s, a three-wheeler design captured the attention of then Prime Minister Jawaharlal Nehru and Home Minister Morarji Desai. Soon enough, the government gave a clearance for its manufacturing by home-grown Bajaj Auto and the Italian Piaggio. After nearly 64 years, three-wheelers not only populate Indian roads but are seeing renewed interest, with sales exceeding the 100,000 mark for the first time in September and repeating the milestone in October.

This year, the Italian automaker Piaggio & C. SpAs subsidiary Piaggio Vehicles Pvt Ltd has sold over 26,000 of its electric three-wheelers. The Indian affiliate sold over 12,000 units in retail last year. The announcement was made during the launch of Ape E-city FX NE Max, a three-wheeled passenger electric vehicle (EV), today in Tamil Nadu.

Piaggio Electric 3-wheelers: Piaggio Vehicles today launched its first 3-wheeler passenger EV -- Ape E-city FX NE Max in Tamil Nadu priced at INR 3.46 lakh. The passenger vehicle is an addition to the existing cargo range of vehicles.

Piaggio Vehicles Pvt Ltd, the subsidiary of Italian automaker Piaggio & C. SpA, has sold about 26,000 units of its electric three-wheelers this year. The Indian subsidiary had retailed about 12,000 units last year, Amit Sagar, the companys Executive Vice President, Commercial Vehicles said on

"The domestic two-wheeler industry posted a year-on-year double-digit growth in 2022-23 after three consecutive years of decline. We also expect the ongoing festive season to drive great numbers for the industry," Graffi told ET. "We believe the industry will regain pre-Covid volumes by 2025." Last fiscal, two-wheeler sales stood at 15.86 million units compared with the FY19 peak of around 21 million.

"The domestic two-wheeler industry posted a year-on-year double-digit growth in 2022-23 after three consecutive years of decline. We also expect the ongoing festive season to drive great numbers for the industry," Graffi told ET. "We believe the industry will regain pre-Covid volumes by 2025." Last fiscal, two-wheeler sales stood at 15.86 million units compared with the FY19 peak of around 21 million.

The Aprilia RS 457 will be sold via the premium Motoplex stores in India and the company plans to open more outlets over the next year for better reach.

The company will launch its Aprilia high-performance motorcycles in 2024