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Vmoto Navigates 33% Sales Drop with Strategic JVs and Cash Flow Strength

5:39pm on Sunday 1st of June, 2025 AEST Electric Vehicles
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Vmoto Navigates 33% Sales Drop with Strategic JVs and Cash Flow Strength

5:39pm on Sunday 1st of June, 2025 AEST
Key Points
  • FY24 unit sales down 33% to 17,038 units
  • Operational cash flow positive in 4Q24 with A$41.5 million cash on hand
  • New joint ventures established in Thailand (GoRide) and Mexico (OMO Watts)
  • Investment in Singapore-based Evotion Labs to expand EV ecosystem
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