VMT 8.33% 13.0¢ vmoto limited

Found this interesitng for a couple of...

  1. afd
    2,166 Posts.
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    Found this interesitng for a couple of reasons...................................

    https://hotcopper.com.au/data/attachments/6362/6362962-928e493fd67a2b7821f6aa8d69bb45d8.jpg
    https://hotcopper.com.au/data/attachments/6362/6362968-8f161873e162c60fec30d495fe03d484.jpg





    Mobyan have had 50% of the fleet 'electrified' by Riba (and another mob called Origem). So assume that equates to @80, let's say 40 suplied by Riba and another 40 to go.

    Another customer, smallish numbers.

    But what interests me is the fact that Riba seem to be moving away from the Riba/VS1 branded models to Super Soco / Vmoto branded CPx modesl. Just like Vammo.

    On their website, Riba still exhibit the 3 models, with only the F01 being branded Vmoto (The Rubinha is an eponymously 'branded' version of the CUmini). https://ribabrasil.com.br/scooters/



    https://hotcopper.com.au/data/attachments/6362/6362977-a937c6adb776607bb559a6cee21962b9.jpg



    So what?

    I just think it is another sign that point to the imminent JV in LATAM will include mobs like Vamo, Riba (and maybe Mottu?) sharing the same facility. Afterall, what's the purpose of 2 different assembly(?) ops in Brazil producing Vmoto models like (especially the) CPx and the F01 models. Maybe the exclusivley(?) B2C Rubinha could have its own operation in the existing Riba facility?

    They have the partnership with UCB so got batteries covered and another contibution to 'local content' hurdle.

    Hopefully there is another LATAM JV up north with Italika.

    I guess we will find out soonish.

    Cheers
 
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