Monday, November 2, 2009

Rumormill: Piaggio working on electric Moto Guzzi?


Filed under: EV/Plug-in, Hybrid, On Two Wheels





Speculation is fun, right? Our friends from Asphalt and Rubber are doing just that in regards to a possible electric motorcycle from Italian motorcycle manufacturer Moto Guzzi. What makes anyone think Guzzi might give up its well-known fascination with across-the-frame air-cooled V-twins? The Piaggio Group, which owns the classic manufacturer, has announced that it will invest 12 million euros into the fabled marque as part of a widespread new business plan.



Back in December of 2008, Piaggio accepted a loan from the European Investment Bank worth 150 million euros, and that very well may be where Guzzi's newfound funding will come from. That money, though, was loaned with the understanding that it would be used solely to fund new hybrid and fully electric vehicles. Put two and two together and it seems possible that we could see an electrically-driven Moto Guzzi sometime in the near future.



[Source: Asphalt and Rubber]

Rumormill: Piaggio working on electric Moto Guzzi? originally appeared on Autoblog Green on Mon, 02 Nov 2009 18:56:00 EST. Please see our terms for use of feeds.

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