Piaggio Vehicles Pvt Ltd (PVPL), announced the launch of the new Porter 700. Targeting the last mile transportation segment in the sub one-tonne category, at the recently held launch event at Mumbai, it was announced that the new Porter 700 replaces the Porter 600. The Porter 700 carry forward’s Piaggio’s signature standards of style, design, performance and technology keeping in line with Piaggio’s international legacy. Explaining the Company’s new initiative, Ravi Chopra, Chairman of Piaggio Vehicles Pvt. Ltd. said “Piaggio would continue to provide technological solutions in the last mile transportation market and would focus on further strengthening and dominating this category particularly the last mile transportation cargo market.” “The three-wheelers and four-wheelers will continue to co-exist,” he added. Claimed to be the only vehicle with twin headlamps that adds to the Porters’ superior looks, it is complemented by functionality too. The Porter 700 has a rated payload capacity of 700 kg, and long cargo deck (30 sq. ft.) to ensure superior load carrying capability. It is also claimed to have the highest ground clearance (218 mm) in its category. The Porter 700 offers superior grade-ability of 21 per cent to negotiate steep gradients. The Porter 700 is powered by a Direct Injection, 14.75 hp, 652 cc, single cylinder, BSIV diesel engine. The engine produces a peak torque of 40 Nm at 1600-1800 rpm. The engine is mated to a five-speed floor mounted Synchromesh gear box. Diego Graffi, the new CEO of Piaggio Vehicles Private Limited said , “Anticipating our new age customer’s needs, Porter 700 has been conceived as a modern, stylish vehicle with many new features and yet delivering its core values of exceptional reliability, fuel efficiency and earn ability”, for Piaggio to continue its dominance in the last mile transportation cargo segment. “The new Porter 700 comes with a two years or 75000 kms extended warranty. Today, the company is confident the Porter 700 will outclass others in the four-wheeler sub 1 ton cargo segment and will help it consolidate its position in the last mile transportation industry,” he mentioned. In Maharashtra, the Porter 700 is priced at Rs.3.18 lakh.