Reading Time: 2 minutes

bp and Piaggio Group plan to work together to develop and roll out two- and three-wheeled electric vehicles across Asia and Europe. The partnership will bring together Piaggio’s extensive e-vehicle production operations and infrastructure ‎management capabilities with bp’s expertise and global reach.

The companies says the aim is to support the ‎growing adoption of electric two- and three-wheelers globally to help address city congestion and ‎reduce pollution in urban areas.‎

Under their memorandum of understanding (MoU), Piaggio Group and bp, along with affiliate Jio-bp in ‎India, will explore opportunities to work together to offer charging and battery swap stations, as ‎well as developing all-encompassing services such as ‘Battery as a Service’ (BaaS) – leasing, ‎management and recycling of vehicle batteries – and ‘Vehicle as a Service’ (VaaS) – leasing, repair, ‎maintenance and smart energy management of these vehicles.

Initial efforts and focus will be on ‎India, where Jio-bp and Piaggio are already engaged in developing electric vehicle solutions.

The ‎companies also intend to explore opportunities in broader Asia – in China, Indonesia, and Vietnam – ‎and in Europe.

Richard Bartlett, bp’s senior vice president, future mobility & solutions, says: “The huge and fast-‎growing two- and three-wheeler market is already leading the way for electrification, and we see ‎great potential for continued growth across both Asia and Europe.”

He adds: “Working closely with Piaggio Group – a world leader in this market – we will aim to develop and ‎deliver the innovative services that customers will need. This will support the growth of rapid and ‎truly convenient urban mobility using zero tailpipe emission vehicles, enabling reductions in air ‎pollution and helping cities in their efforts to decarbonize.”

Michele Colaninno, chief of strategy and product of the Piaggio Group, comments: “Working together with bp will help us deliver our idea and offer of a mobility revolution. To achieve this goal, it is ‎necessary to promote the widespread adoption of electric vehicles such as motorbikes, motor ‎scooters and compact commercial vehicles equipped with battery swap technology or plug-in ‎charging, thus encouraging a more sustainable life-cycle management of batteries and greater ‎respect for the environment. Working with bp is an incredible starting point to enhance our ‎strategy.”‎

bp is aiming to have over 70,000 public charge ‎points by 2030.

Leave a Comment