VMT 10.7% 12.5¢ vmoto limited

Ann: Vmoto's 3Q23 Market Update, page-132

  1. VYR
    4,601 Posts.
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    Gosh Gost !

    " What's still troubles me is that I do not understand *why* the shortfall. "Ukraine war" seems a thoroughly unsatisfying explanation."

    There is a plethora of information available to help with an understanding of the effects the war has had on world economies and Europe in particular.

    Rising energy prices have added to inflationary pressures that have put pressure on cost of living and reduced funds available for discretionary spending.

    Two wheel EV salesEurope in H1 23:
    * France -18.6%
    * Netherlands (the home of Greenmo) -56.7%
    * Italy -21.4%
    * Spain -26.2%
    * Germany - 44.7%

    VMT it seems is doing better than most second biggest seller in Turkey sitting behind the local brand.
 
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