Yes in China for the big Chinese brands.....outside of China/Asia the market is still very small for any player trying to get into the market.
The B2B market is increasing mostly via delivery and the scooter rental services and governments which are promoting their green footprint.
The ex-China retail market has not really caught on yet.....and this is probably as others have mentioned largely due to the low oil prices. The premium end is moving with BMW and Gogoro, but still the volumes are low.
Vmoto have the products and distribution, the marketing seems pretty poor and investor updates basically non existent. Questions over the management have to be raised on the latter 2 as many have noted....but they are relatively easy corrections. A new Chairman maybe all they need to drive improvements on this front. I get the impression that the executive directors are so busy operationally that the marketing/investor side has not received the necessary attention. As for the non exec directors, wondering what value they are adding.
sents
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