The UK’s biggest-selling electric urban mobility brand, Vmoto, has announced a new dealer financing programme backed by specialist bank DF Capital. The new scheme aims to help support Vmoto’s floorplan stocking levels across its entire dealer network. Flexible financing arrangements are available for Vmoto dealers, subject to status, which can help smooth out cash flow and secure stock levels for dealers.
Clive Mann, Vmoto CEO, said: “This is another sign of Vmoto’s intention to boost the electric market. Our current and upcoming high-quality dealers can use DF Capital’s flexible facility to ensure they have the right amount of funding to stock and best represent our market-leading products. It’s come at just the right time for us, as the upgraded new models, including Pro versions and the highly-anticipated Stash, are set to arrive in the coming months.”
Angela Goulding, DF Capital’s Powersports MD, said: “We’re delighted to partner with Vmoto to bring this solution to market. Our flexible finance programmes are designed to support the sale of units, improve cash flow, and strengthen working capital positions. We hope that this helps stimulate business growth for dealers and Vmoto.”
Rebranding for Vmoto
Vmoto has also rebranded its entire global operation, finally dropping the Super Soco brand name in favour of Vmoto. The Vmoto Group board has decided to group all its operational areas – R&D, production and marketing – under one brand. The company will retain rights to the Super Soco and E-Max brands for possible future use.
Charles Chen, CEO of the Vmoto Group, said: “Today is an important day in the history of our corporation. Unifying all our operations under a single, strong brand like Vmoto means addressing an increasingly-demanding global market with clarity, transparency, and determination, continuing to produce and design vehicles that offer top-of-the-line performance, quality, and design.”