Unfortunately the sales in those Asian channels mean biscuits to us. They sell them very cheap kits, and then they put them together locally and make a small profit.
Very little profit goes back to Vmoto based on the kits being sold to charged and others.
Someone recently did some analysis on this. https://www.autoevolution.com/news/the-curious-case-of-vmoto-s-cpx-branding-marketing-and-location-impact-vehicle-prices-219773.html
I.e "You may be aware of the Super Soco CPX, considering it's even been seen around MotoGP tracks. If you're not, take time to have a look at the Super Soco branded EV in the image gallery. After you do, compare it to Charged's Rimau, the other two-wheeler with less flashiness from the image gallery. So, what do you see?I'll tell you what I saw. The same damned machine and the only difference is a bit of bodywork, attention to branding, and a bit more power. What's more mindboggling is the fact that the price difference between the two machines is of $2,000 or more. Why? That's what we're here to explore...."
I'm not expecting any financial breakthroughs with the Asian deals. Benefits for us are long into the future.
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