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Vmoto H1 EV Sales Jump 140% as MotoGP Deal, Asia Push Lift Orders
H1 sales rose 140% to 12,713 units as MotoGP partnership and Asia expansion drive orders. Firm international orders of 5,504 units scheduled for H2 delivery.
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Vmoto (ASX: VMT) sold 6,020 electric vehicle units in the second quarter of 2026, a 156% jump from a year earlier, as deliveries to existing and new customers kept accelerating.
First-half sales hit 12,713 units, up 140% from the first half of 2025, leaving the group on track to hit its full-year 2026 sales guidance.
Firm international orders stood at 5,504 units at June 30, with deliveries scheduled across the third and fourth quarters. The order book follows two consecutive quarters in which Vmoto delivered more than 6,000 units each.
The group ended the period with A$30.5 million in cash while continuing to fund its Thailand subsidiary, expand working capital, and support product upgrades.
Vmoto reported rising interest from new customers and partners in South America and South-East Asia for its e-motorcycles, e-mopeds, fast charging stations, and fleet deployment services.