Piaggio is associated with the Vespa brand and is a scooter maker in Italy.
The Piaggio MP3 is a three wheel motorcycle in the reverse trike arrangement (two wheels in front) and the front wheels tilt independantly. It is a wild looking bike and apparently growing in popularity. An advantage of this design is there's almost no chance of falling over, so that when coming to a stop you simply stop, you don't have to put your feet down, etc. It's also simpler to learn to ride due to the simpler operation.
They have designed a hybrid electric version of the MP3 which is supposed to begin being sold in the end of 2008.
Unfortunately as of this writing the only articles I'm finding are from Aug-Nov 2007, and the only announcement on Piaggio's news stream is from Aug 2007. Here's hoping they keep to last years announcement and actually deliver the vehicle this year.
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