Hello Vmoto.
Are they coincidence?
Victoria is about to overhaul the transport infrastructure following the footsteps from Europe.
I thought about VTM a few months ago but I was reluctant to trade because I was wary about the transport system in Melbourne.
Are scooter hire companies going to collapse after the unsuccessfully lead from bicycle hire companies?
Melbournians dumped the idea of bicycle hire.
So will Vtm be at risk in the future?
Vtm is a manufacturer, not a rental company so Vtm should be a good investment in light of the government's support.
The covid has changed the transport reliance on Train, Tram and Buses. Commuters are using different type of transport like cars.
Car dealers have been so attractive but how many people could afford cars?
Cars are not welcomed in the city fringe areas so the idea of electric scooter is the best alternative.
Electric scooters are used by food delivering retailers and the sector is in strong demand due to the pandemic.
That's not to mention about the India investments in Australia's green transport system.
There is a very strong chance that Vtm is a next big thing so I am in today
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