Vmoto Ltd. scored a big one for its company has it has reportedly won a $23 million contract to produce 30,000 scooters for Vietnam. And the sweeter part is that should this order show strong demand, the Vietnam company who placed the order will be purchasing an additional 100,000 units.
The 30,000 Mid Range Retro scooters will be manufactured by Vmoto at its Nanjing, China plant over the next 12 months, with the first batch scheduled to be delivered by August.
Vmoto managing director Patrick Davin says the contract is a great achievement for the company.