Market Chatter: China's Yadea to Enter Japan With Cheaper Electric Scooter in November

MT Newswires Live
09/18

Yadea Group Holdings (HKG:1585) will launch its first model in Japan this November, aiming to undercut Honda (TYO:7267) and Yamaha (TYO:7272) with pricing about 30% lower than competing scooters, Nikkei Asia reported Thursday.

The Yadea Porta, a compact Class 1 moped with a 60-kilometer range, will retail at 217,800 yen, or about $1,470, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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