Page 5 - Piaggio News Today

Ola Electric plans to launch an electric autorickshaw, which will take on the likes of Mahindra Treo, Piaggio Ape e-city and Bajaj RE in the electric three-wheeler segment. The product was under development for a couple of years as part of its wider plans to enter the commercial vehicle business.

MSME-focused digital lenders are increasingly gaining traction as banks slow down on unsecured consumer loans. This and more in todays ETtech Morning Dispatch.

AI-driven Robot: The Italian company said it would use the robot on the production lines of its motorbike brand Moto Guzzi in Italy, and later in other factories in Italy, India, Vietnam and Indonesia.

Ola Electric E-rickshaw: Ola Electric plans to launch an electric autorickshaw, which will take on the likes of Mahindra Treo, Piaggio Ape e-city and Bajaj RE in the electric three-wheeler segment. The product was under development for a couple of years as part of its wider plans to enter the commercial vehicle business.

AI-driven Robot: The Italian company said it would use the robot on the production lines of its motorbike brand Moto Guzzi in Italy, and later in other factories in Italy, India, Vietnam and Indonesia.

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India has set an electric vehicle sales target of 30% by 2030. Still, the country will be home to an overwhelmingly large number of traditional ICE-powered vehicles.

Vespa maker Piaggio launched on Tuesday a factory robot which uses artificial intelligence to move autonomously on pre-set routes and which can carry up to 130 kilograms. ...

Piaggio was awarded with AEO certification on March 6.

The Kerala-based company has demonstrated a disproportionately high share of operating profit from the superior-margin services business compared with new car sales, thanks to its strong last-mile network in the southern states.