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The latest announcement is out from Vmoto Limited ( (AU:VMT) ).
Vmoto Limited has entered into a Strategic Cooperation Agreement with AJ Advance Technology and Guangdong DHA to establish a long-term partnership aimed at promoting electric mobility in Thailand. The agreement involves Vmoto supplying 100,000 electric motorcycles for AJ Advance Technology’s battery-swapping and fast-charging project, with plans to expand green mobility initiatives to other regions. This collaboration is expected to leverage both companies’ strengths in market resources and technical expertise, potentially accelerating the adoption of e-mobility in Thailand and beyond.
More about Vmoto Limited
Vmoto Limited is a global electric vehicle company that specializes in the design, assembly, and production of electric motorcycles. The company focuses on providing efficient and clean electric transportation solutions, with a market emphasis on green mobility across various regions including Southeast Asia, the Middle East, and Africa.
Average Trading Volume: 113,517
Technical Sentiment Signal: Sell
Current Market Cap: A$29.85M
For an in-depth examination of VMT stock, go to TipRanks’ Overview page.