Piaggio, Foton to develop new electric LCV

piaggio group

Automotive conglomerates Piaggio Group and Foton Motor Group have announced that they will develop a new range of four-wheeled electric light commercial vehicles (LCV).

KEY TAKEAWAYS

  • Which Piaggio and Foton executives signed the preliminary agreement for the development of the new range of EV LCV?

    Per Piaggio, its Chairman and CEO Roberto Colaninno, and Foton’s Vice GM signed the preliminary agreement for the development of the new range of EV LCV.
  • When is the technical documentation for the project expected to be completed?

    According to Piaggio, the technical documentation for the project and the contracts is expected to be completed next year.
  • A preliminary agreement was signed by Piaggio’s Chairman and Chief Executive Officer Roberto Colaninno and Foton’s Vice General Manager Wang Shuhai.

    foton logo

    It’s not their first dance together as both consortiums have partnered together in 2021 to release the Porter NP6, an LCV powered by a combination of fuel and liquefied petroleum gas (LPG) or fuel and liquefied natural gas (LNG)/compressed natural gas (CNG) fuel system.

    The 1.5-liter powerplant makes as much as 104 horsepower (hp).

    foton porter

    Piaggio made no mention of how the new LCV would look like — or what system would power it — but we assume it would be something like the abovementioned Porter NP6. 

    According to Piagio, the agreement consolidates the partnership set up by the two groups in September 2017 for the joint development of innovative solutions for the light commercial vehicles market.

    Over the coming months, a team of representatives from the two groups will work on the development and approval of a production and commercial plan and on the contractual documents. The technical documentation for the project and the contracts is expected to be completed next year.

    Photos from Piaggio and Foton

    Also read: 

    Piaggio Group releases special (Vespa Elettrica) RED

    Vespa PH opens new showroom in SM Mall of Asia

    Foton PH joins top 10 brands in 2020

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