Piaggio comes out with new models to tap alternate fuel segment
Piaggio comes out with new models to tap alternate fuel segment
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Piaggio Vehicles Pvt. Ltd. (PVPL), a 100 percent subsidiary of the Italian Piaggio & CSpA and India’s leading manufacturer of light transportation solutions, on Friday launched the Ape HT range of three-wheelers in both cargo and passenger segments in its bid to further strengthen its position in the alternate fuel segment space. Equipped with the first-of-its-kind 300cc BSVI petrol and CNG engines, the HT Range includes petrol cargoXtra HT, CNG cargo - Xtra HT LDX and LDX+ and CNG passenger - Auto HT DX, DXL and Auto+, Piaggio Vehicles Pvt Ltd (PVPL) announced at the launch.

The vehicle models are priced between Rs 2.25 lakh and Rs 2.56 lakh, it said. PVPL is a wholly-owned subsidiary of the Piaggio Group of Italy. The Ape HT range comes with first of its kind 300-cc engine, which has been developed by Piaggio indigenously with technology support from Italy to cater to and deliver the high-tech experience of alternate fuel engines, it said.

Piaggio is the only player to offer a petrol variant in the three-wheeler cargo segment. The petrol cargo offers a substantial acquisition cost-benefit for the price-sensitive customer, the company said. PVPL is also planning to introduce a passenger variant, Ape' Auto HT petrolin the coming months, it said. The HT CNG range offers tremendous earning potential due to the higher Power, loadability and best-in-class mileage, it said.

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