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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.