I should add at that with all the global distribution agreements in place, various B2B arrangements/deals in place and coming, we may yet see that sort growth expected from an early mover in a globally booming sector - but it's a bit of a wait and see game. Per an article on the Stash below shared by pods on another thread, and quoting some growth projections from one of the directors at the recent Pro Day (the bolded text below, although they got their years mixed up, 2021 is probably meant to be 2022), growth is planned.
https://www-dueruote-it.translate.goog/prove/anteprime/2022/08/24/vmoto-stash-la-prima-prova.html?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
Vmoto: small but challenging
Behind Stash there is a company that is still young, but quite solid. Incorporated in Australia, Vmoto has a Chinese soul and factories in Nanjing. It specializes in the production of urban mobility vehicles, with a global distribution network in more than 65 countries, a turnover of 60 million euros in 2021 and strong growth: 40,000 vehicles in 2021, forecast of 60,000 in 2022 and 120,000 in 2024. Still few for the Asian market, but in line with the decision to produce premium vehicles with the three Vmoto brands (with a premium positioning in Asia and dedicated to the global consumer market), Super Soco(dedicated to Western markets and a younger and more dynamic audience) and E-max (dedicated to the professional world).
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