Piaggio Rolls out Electric Mobility with Battery Subscription Model for Three-Wheelers!

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Piaggio, the famous Italian car company, is making big changes in electric mobility with its new Battery Subscription Model for three-wheelers. They’re introducing this in 30 big cities to help people afford electric vehicles and not worry about batteries.

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Piaggio Rolls out Electric Mobility with Battery Subscription Model for Three-Wheelers!

Separating Costs, Enhancing Peace of Mind

Piaggio is splitting the cost of the vehicle and the battery. This means you can buy their electric three-wheeler for a good price and just rent the battery monthly. Piaggio will take care of the battery, so you don’t need to worry about it.

Addressing EV Challenges: 

One big worry with electric vehicles is about the battery. Piaggio’s new model takes care of this worry. They will look after the battery, fix it if needed, and replace it when necessary. This makes owning an electric vehicle much easier.

Industry-First Solution: Sustainable EV Growth

Piaggio’s CEO, Diego Graffi, believes this model will help electric vehicles grow, even after subsidies end. By making owning an electric vehicle cheaper and solving battery worries, Piaggio wants more people to switch to electric vehicles.

Seamless Ownership Experience

Under this model, you buy the vehicle from the dealership and rent the battery monthly. It’s easy to register the vehicle in your name and get loans if needed. Piaggio takes care of everything related to the battery.

Long-Term Benefits and Affordability

With Piaggio’s model, you can use the battery for a long time without worrying. After the lease ends, they replace the battery if needed, all for the same monthly fee. This makes owning an electric vehicle affordable in the long run.

Enabling Accessible Electric Mobility

Amit Sagar, from Piaggio, says their model makes owning an electric three-wheeler easy. You only need a small down payment and then pay a monthly fee, just like owning a traditional vehicle. This will make electric vehicles accessible to more people, even after subsidies are gone.

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