Mumbai, May 2 -- Piaggio Vehicles Pvt Ltd (PVPL) has announced a battery subscription model for its

Ape Elektrik electric three-wheelers with an intention to revolutionise the ownership of such vehicles.

To ensure lowering of the upfront cost, the Ape Elektrik with the battery subscription model can be bought for INR 259,000 ex-showroom. The monthly leasing fee for the high-quality Piaggio-approved battery can be paid to the dealer.

Also aimed at relieving battery anxiety rather than range anxiety, the subscription model relieves the Ape electric three-wheeler operator of the hassle of battery maintenance, lifespan and replacement costs. Piaggio is taking full responsibility for battery health, offering peace of mind for long-term elec...