If you look at vmoto website, there are 5 main segments.
1) Parcel delivery
2) Food delivery
3) Government
4) Rent
5) Sharing
6th would be individual ownership
A lot of people in this forum believe Covid-19 reduces sales, I believe it might be the opposite.
Parcel delivery will increase because many people ordering online, we saw the same phenomenal in China
Food delivery increases because people are not eating out and ordering in
Government I believe it’s flat
Rent is maybe flat
Sharing might increase as people avoid buses and trains with crowds, opt to be one a goshare bike to commute instead. It’s cheap, safe and green. There would be sanitisers of course
For individual ownership because sales only starting to pick up all the supersoco new models in Q4-19, I believe Q1-2020 will see the same sales volume. At the time of uncertainty, maybe market will opt to buy a electric scooters instead of a car, young people especially.
I’m predicting Q1-2020 sales number with be 9,500 units! April can’t come quick enough.
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