Vietnamese firm to export electric motorbikes to Cuba

Jul 8th at 08:08
08-07-2020 08:08:01+07:00

Vietnamese firm to export electric motorbikes to Cuba

Vietnamese electric motorbikes will soon be seen on the streets of Havana, after a US$3 million deal was signed to ship scooters to Cuba.

 

Manufacturer PEGA has recently signed contracts to export two types of electric motorbikes to Cuba after its partner in the Caribbean nation successfully tested and assessed the products’ overall quality.

The first contract includes an order of 1,260 PEGA XMEN electric motorbikes with a value of roughly VND20 billion ($862,000 ). The order is currently being completed and preparations made to transport the bikes to Cuba.

The second deal is for the shipment of more than 2,500 PEGA XMEN and PEGA AURA electric motorbikes, worth more than VND40 billion, with shipment scheduled for August.

PEGA XMEN and PEGA AURA are two popular types of electric motorbikes with 1,200Watt engines. Each electric motorbike can carry up to three people and has the ability to climb slopes with no difficulties.

Upon discussing the deal, PEGA Viet Nam said that their Cuban partners expressed a desire to exclusively distribute PEGA electric motorbikes with a minimum of 20,000 bikes per year.

Cuba has a population of 11 million people who travel mostly by bikes and public transport. US embargos mean Cuba relies heavily on Venezuela for oil, which because of the current crisis in the South American country, means gasoline is in short supply.

bizhub



NEWS SAME CATEGORY

Local gold prices reach a new record high

Local gold prices kept soaring this morning to pass the historic high on July 6, reaching VND50.32 million (US$2,172) per tael (1.2 ounces). The prices of the...

Viet Nam's coffee exports up in H1

Viet Nam exported 955,000 tonnes of coffere, worth US$1.6 billion, in the first six months of 2020, the Department of Import and Export under the Ministry of...

Asia Coffee-Tight supply keeps market quiet in Vietnam, Indonesia supplies rise

Trade in Vietnam’s coffee market ground to a virtual halt due to a lack of beans, while domestic prices in Indonesia fell this week as supplies continued to rise...

Gold prices ease after soaring

Local gold prices eased slightly on Thursday after soaring to an 8.5-year high at near VND50 million (US$2,168) per tael (1.2 ounces) on Wednesday. The same trend...

Vietnamese lychees hit shelves in Singapore

Vietnamese lychees have been put up for sale in Singapore’s FairPrice supermarket chain, making the first time the fruit has been imported to the Southeast Asian...

2,500 pigs imported from Thailand

Nearly 2,500 pigs were imported via the Lao Bao Border Gate in the central province of Quang Tri on Tuesday night.

Dong Nai’s footwear export up in H1

The southern province of Dong Nai in the first half of this year gained growth of nearly 7 per cent in footwear export value to US$2.14 billion compared to the same...

Long An co-operates with Lavi Agri to consume red dragon fruit

The Long An Dragon Fruit Association signed a co-operation agreement with Lavi Agri Company Limited on purchasing and consuming red dragon fruit in the province’s...

Fresh outbreak of ASF leaves over 5,800 pigs culled

The recurrence of the African swine fever (ASF) in many localities nationwide has led to the culling of 5,856 affected pigs as of June 28, according to a Department...

January-June imported cars drop in volume and value

Viet Nam imported more than 38,000 cars of various types, worth a total US$846 million, in the first six months of this year, decreasing by nearly 32,000 units in...

Commodity prices


MOST READ


Back To Top