Vmoto Signs Strategic Partnership with E Daddy for Electric Motorcycle Distribution Across UAE and GCC

Aditi Sarkar

10 November 2026 05:27 PM AEDT

Vmoto Signs Strategic Partnership with E Daddy for Electric Motorcycle Distribution Across UAE and GCC

Image Source: Krish Capital Pty Ltd

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Vmoto Limited (ASX:VMT) has signed a strategic partnership agreement with E Daddy Electric Vehicle Manufacturing L.L.C. to establish a scalable business model for electric motorcycles and mopeds in the United Arab Emirates, with distribution rights extending to Oman, Qatar and Bahrain.

Key Points

E Daddy granted exclusive distribution rights for Vmoto's VS4 model in the UAE, subject to agreed contractual conditions including minimum quarterly purchase quantities.
E Daddy also granted non-exclusive distribution rights for the VS4 model in Oman, Qatar and Bahrain.
E Daddy plans to establish a local electric two-wheeler assembly facility at its premises in Dubai Industrial City.
The parties intend to explore joint ventures, strategic investments, charging infrastructure and battery-swapping solutions under the partnership.

Distribution Rights and VS4 Model Commercial Arrangements

Under the agreement, E Daddy will hold exclusive distribution rights for Vmoto's VS4 electric model within the UAE and non-exclusive distribution rights in Oman, Qatar and Bahrain. The distribution arrangements are subject to E Daddy meeting agreed minimum quarterly purchase quantities and other applicable contractual conditions. Within the UAE, E Daddy may undertake assembly, sales, distribution, leasing and fleet operation of the VS4 model, as well as Mobility-as-a-Service activities, government projects and commercial tenders. Vmoto will assign qualified technical personnel to provide technical guidance, engineering support, certification assistance and compatibility verification for charging and battery-swapping solutions.

Integrated Electric Mobility Ecosystem Development in Dubai Industrial City

A central objective of the partnership is to develop electric two-wheelers suited to UAE operating conditions and the requirements of commercial fleet operators. E Daddy plans to establish a local electric two-wheeler assembly facility at its premises in Dubai Industrial City to support progressive localisation and strengthen local assembly capabilities. The collaboration will incorporate E Daddy's proprietary connected-vehicle technology platform, designed to support advanced fleet management, real-time vehicle monitoring, battery performance analytics, predictive maintenance and data-driven operational insights. Both companies also intend to collaborate on the development of charging infrastructure and battery-swapping solutions.

Broader Strategic Objectives and GCC Expansion Framework

The agreement identifies multiple areas of potential cooperation, including joint market development, research and development, localisation of electric motorcycles and mopeds, and exploration of potential joint ventures, strategic investments and collaborative business structures. The parties intend to progressively expand the partnership model into other GCC regional markets, subject to mutual agreement. Any future joint venture, investment or expansion initiative will be subject to separately agreed commercial terms and definitive agreements. The filing states the partnership represents an initial phase of a broader strategic relationship, with both parties intending to explore additional opportunities as the partnership develops.

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