As the world moves towards electric vehicles to be more sustainable, global scooter manufacturer Vmoto Limited (ASX: VMT) is profiting off international demand for its electric vehicles. In Q3 2022, the Company sold 11,809 units from its B2B and B2C product range, with nearly 90% being sold to international markets. The total international units sold
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At a time when sustainability and independence have become foundational to companies everywhere, battery tech company Novonix (ASX: NVX) is being recognised by the U.S. Department of Energy (DOE), as it gets selected to enter negotiations to receive US$150 million in grant funding. With the money, it aims to expand its domestic production of high-performance,
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As more and more companies expand their portfolios to include more sustainable and eco-conscious offerings, Motorcycle dealership company Motorcycle Holdings (ASX: MTO) is not about to be left behind. The Company has acquired one of Australia’s largest motorcycle and electric vehicle importers and distributors, the Mojo Group, for $60 million. Melbourne-based Mojo Group is a
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Executing a strategy to diversify their revenue stream and limit geopolitical risk, electronic vehicle manufacturer Vmoto (ASX: VMT) is comfortably on their way to achieving their risk goals with confirmation that less than 4% of their sales are now being generated in China. For the quarter ended 31 March 2022, Vmoto sold 7,998 vehicles which
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Like many developments in the world of engineering, there’s nothing particularly sexy about air compressors but as the world moves towards clean energy adoption, they are vital cogs in fuel cells, which is just one reason Sprintex (ASX: SIX) has been engaged to develop an innovative new design. The engagement comes from existing technology partner
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As electric vehicle businesses continue to circle BlackEarth Minerals (ASX: BEM) for battery-grade graphite resources, the Company has shored up their supply through a partnership with Luxcarbon to confirm their capability to execute a landmark supply deal to the United States EV market. The agreement with Luxcarbon will secure BlackEarth with 25,000mt of high grade
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