Piaggio not to enter e-2 wheelers soon, to step up small cargo vehicle biz

Company says the segment in which it will like to position its e-two wheelers is currently very small in terms of volume

Piaggio Vehicles India, the local arm of the Italian automaker, does not plan to have a presence in the electric two-wheeler segment anytime soon and the company will instead focus on the internal combustion engine powered models, the company's top official said.

Piaggio currently sells scooters under the Aprilia and Vespa brands in India. The competition in the e-scooter segment has been growing with Bajaj e-Chetak and Ather Energy models. As newer entrants like Ola Electric launch their scooters, competition is only set to intensify. But Piaggio is not looking to rush to stake its claim.

“We are studying the