As reported last night, there's a Chinese Company called Anhui Zotye, who specialise in all electric vehicles.
They've just entered into a 50:50 partnership with Ford, who want to capitalize on the Government's push for more electric vehicles, with major incentives offered.
China leads the way with everything electric and accounts for a whopping 40% of all electric cars sold worldwide.
Zotye have just recorded a 56% increase in sales from this time last year.
The only difference with us, is that we offer 2 wheels to move you from A to B instead of 4.
It's becoming clearer by the day that the shift towards 'electric' is gaining momentum and is definitely the hot sector to be a part of.
Gottalovevmt...
"Today's prices will be the end of year joke"
(First quoted July 11th. Share price 5.4c)
VMT Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held