Vmoto Limited
(ASX:VMT) says it has launched six new models of electric scooters in China.
The scooter manufacturer says the models have been designed to target the Chinese market following significant interest generated from Chinese distributors and dealers.
The company says it expects sales will have a positive impact on the bottom line, as a result of the interest shown to date.
Vmoto says it’s also been in talks with distributors and dealers on further cooperation with the company.
China has become the largest electric scooter market in the world, with annual sales reaching 30 million units in 2012.
Vmoto reported a net loss of $7.1 million in its 2012 financial year.
