VMT is already number 2 e-scooter producer in China and will position itself further to become a major player in SE Asia and Europe. And once the other car makers see there is money to be made a t/o is always a possibility.
BMW again has published recently they can't keep up with the demand for their e-BMW cars in USA and Europe and are now actively developing more e-motorbike models for the wider market.
The shift is already happening and here is the opportunity to grow with one of the potential players. But as always the market turns a blind eye on solid and prefers the extreme risky ones.
blast off, page-9
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