Thought I'd share this one. I wasn't aware of the sales numbers and difference in scale from Yadea (6 million electric) , Hero (5.1m ICE & electric) and Niu (1m electric).
The world's 10 biggest motorcycle manufacturers are not... | Visordown
Many of the sales are obviously in China and India, in a lower quality segment and likely at lower margin but non the less, that is a significant difference in production numbers to Vmoto (some 35,000, as per last quarterly) and economy of scale certainly matters in manufacturing.
Does anyone know how many bikes in total (incl the SuperSoco JV in China) we sell?
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Thought I'd share this one. I wasn't aware of the sales numbers...
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