We should also remember that cars are still th preferred mode of transport - and is particularly so in Australia.
Toyota or Honda bringing out a new electric vehicle will always gain more headlines than VMOTO having a new line up of bikes.
VMOTO has gained traction in Europe - Italy, France, Spain and now the UK. I suspect there was a lot of input by VMT to get the company noticed over in Europe. In Australia (important in the fact that the company is listed here on the ASX) almost nothing is known about VMOTO.
Maybe VMT needs to change that here in order to both increase sales and to promote the name.
Ann: Vmoto's 2Q22 Market Update - Continued Sales Momentum, page-35
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