ACIM: "....I believe a similar deal "Charged Indonesia"...."
ACIM/others: First and foremost : I am NOT a holder of any VMT stock - just kept an eye on this company from time to time and never really could decide to buy into it....
Now, I just was on a trip to Japan and read "The Japan News" on 26.8.2023 and saw an article with the following headline:
"Startup Charged Asia revs consumer interest in its electric motorbikes with subscription model"
From that lengthy article, I am just quoting 4 short paragraphs hereafter:
"Electric motorcycle manufacturer Charged Asia is charging forward, saying it is the first Singapore brand to get its vehicles on Indonesia's roads, leading the race against at least three local firms.
Despite being the newest Singapore firm to enter the Indonesian electric vehicle (EV) market, Charged Asia had a speedy start, as it did not build its products from the ground up.
Instead, it partners with trusted and renowed suppliers.
For instance, it works with Chinese battery company CATL and Australian firm Vmoto to co-develop the bikes.
END of quote - the highlighting was done by me, of course...
Might (or might NOT?) be of interest to you that are holders of this stock perhaps?
wasa
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