I dont think more JV partners is the way to go prefer they start making a decent profit margin per scooter they allready have decent volumes.
Way to higher profit margin is differentiating their product from others ie better after sales service (replacement and upgradeable lithium batteries) carrying spare parts , advertising , Europe sales , a famous designer influence as car maker Kia did, even accessories with VMOTo name on ie bags , helmets.
posing the qu… what will it take to get to 5c?, page-5
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