Growing the distribution foot print is the main game following the acquisition of Super Soco and the UK, French and Italian Distribution Businesses.
Good to see Zenion closely followed by Nova machine joining the JV list increasing sales and moving up the food chain.
Interesting to see that.
* Vmoto is listed in second place in major market players in the Global E moped/motor cycle market.
*The five global market segments all have a pretty equal share of the market
* the overall market has a CAGR of 8.6%
Easy to see why they built the new factory. VMT is very active in gaining market share in all those segments so the 37k sales in 2022 will grow circa 4x to 150k units when they have global market share and grow at 8.6% pa from there when the market stabilises.
Growing the distribution foot print is the main game following...
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