“Piaggio introduced India to the most cost effective, three-wheeler cargo and since then is the leader in the segment. We have maintained the number one spot despite a challenging environment in FY22 YTD in the total three-wheeler cargo business,” said Diego Graffi, Chairman and Managing Director, Piaggio Vehicles.
Piaggio’s focus has been on providing best-in-class products and services to its valued customers with a reduced cost of ownership, he said.
Graffi further added that “the detailed market research on understanding the needs and requirements of the Indian customers has made us currently gain a quarter of the market in the alternate fuel three-wheeler cargo segment.”
“We aim to continue with our leadership in the 3-wheeler cargo segment with new products and other customer offerings in sales and customer care,” Graffi added.
Piaggio Vehicles Pvt Ltd (PVPL) has a diverse portfolio, catering to varied customer needs with a complete range of three-wheelers in diesel, petrol, CNG and LPG fuel variants. Besides, it also has entered the electric vehicle market in multiple deck sizes.
PVPL is the wholly-owned subsidiary of Italy’s Piaggio Group.
“Piaggio, a traditional leader in the diesel category has now, with its Ape Xtra HT range, gained considerable volumes in the alternate fuel segment, as the total sales from April-November 2021, stood at 15,206 units,” the company said.
The growing demand for e-commerce and delivery business has helped the cargo segment recover from the pandemic, PVPL said.
Piaggio has the industry’s first and only petrol three-wheeler cargo, Ape Xtra HT petrol, that provides more power and a smoother drive quality even in the hilly terrains, it added.
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