Piaggio, agreement with BP for the development of services for two and three electric wheels

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Piaggio is moving more and more. its focus on mobility; electric. In this regard, in addition to the debut of the new Piaggio 1 battery scooter, the company is carrying out an initiative together with Honda, Yamaha and KTM to create a standard of interchangeable batteries. Now, the Italian company has signed a Memorandum of Understanding with BP for the development and implementation of a & rsquo; wide range of services to support the growing diffusion of two and three-wheeled electric vehicles in Europe, India and Asia.

The collaboration, plus & ugrave; specifically, verter & agrave; on the possibility to develop and then offer charging stations and interchangeable batteries , as well as services such as & quot; Battery as a Service & rdquo; (BaaS), which includes battery leasing, management and recycling, and & quot; Vehicle as a Service & quot; (VaaS), which offers leasing, repair, maintenance and intelligent energy management of vehicles.

The activities they will initially start from the Indian market where BP, through its Indian subsidiary Jio-bp, & egrave; already engaged with the Piaggio Group in the development of solutions for electric vehicles. At a later stage, the companies & agrave; will work to explore opportunities of growth in Asia and of course in Europe.

The agreement is based on the assumption that there will be; strong growth in electric motorcycles, scooters and light commercial vehicles. Bloomberg research claims that there are 250 million such vehicles on the roads today. The study adds that by 2040 the number of two- and three-wheeled electric vehicles globally could triple , reaching the figure of 750 million. Through this agreement, the two companies therefore intend to support the growing spread of two and three-wheeled electric vehicles, simultaneously contributing to the reduction of traffic and pollution in urban areas. Michele Colaninno , Chief of Strategy and Product of the Piaggio Group, commented:

The collaboration with bp will help us & agrave; to realize our idea and offer to revolutionize mobility. To achieve this goal & egrave; It is necessary to promote the large-scale adoption of electric vehicles, such as motorcycles, scooters and light commercial vehicles equipped with battery swap or plug-in technology, favoring more management. sustainable life cycle of batteries and greater respect for the environment. Working with bp represents an extraordinary starting point that will allow us to to enhance our strategy.

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