This has been mentioned before but the Vortex / VT3 is a Vmoto model that is marketed in several geographical markets including China (thru Flying Futures - and has an ICE version called the Fortex)
Adam got posted about it
Several Euro customers are re-badging it including Arena
Alva in Indonesia have recently launched it
And Alva are part of the Indika Group
Alva have raised @$60m in recent times (2 rounds since Dec 22))
I suspect this might be the model being sold into China by Vmoto but that's guesswork.
I wonder where this will end?
In any case, it speaks to the issues raised by Dak.
Chinese mobs are starting to wipe the Euro / US EV (4W) mobs and increasingly there seems to be a trend whereby Chines companies are becoming the OEMs used by Euro (ex-China) brands.
If you want to read about this trend I recommend posts by Augustin Freidel. He is an interesting writer.
This whole OEM issue and Vmoto's place in it and a possible route to multiple JV's / partnerships is a theme getting a bit of a push by Graziano recently..
My enthusiasm for the new factory is increasing as a result of this sort of stuff.
Cheers
