B2B-news | Source: press release Scorpio Electric | Scorpio Electric announced a significant step in its global expansion strategy with the appointment of distributors in selected markets across the globe. This move marks Scorpio Electric’s commitment to bringing their highly anticipated electric maxi-scooter, the Scorpio Electric X1 (“X1”), to customers worldwide.
Strategic Markets for Distributorship
To strengthen their presence in Europe and Southeast Asia, Scorpio Electric has appointed distributors in Japan, the Philippines, Portugal and Spain. The decision to appoint distributors in these markets is part of Scorpio Electric’s strategic expansion to build a robust distribution network, fostering partnerships with industry players, and capitalising on emerging opportunities in the global electric motorcycle landscape. By aligning with global distributors who share the same vision, Scorpio Electric aims to pave the way and accelerate the adoption of sustainable mobility solutions.
Joshua Goh, Chief Executive Officer of Scorpio Electric said, “We have meticulously chosen these markets based on various factors, including the presence of passionate enthusiasts, a burgeoning two-wheeler consumer market, and a growing inclination towards electric mobility solutions. We are extremely excited for the upcoming months ahead as we enter into other territories in Europe and Southeast Asia. We have identified strong potential for market penetration and growth for the X1 within these regions.”
Throughout the distributor selection process, Scorpio Electric has prioritised criteria such as local market network, expertise, established facilities and infrastructure, regulatory compliance, and a symbiotic relationship with the brand’s core values. For several months now, Scorpio Electric has engaged in extensive discussions, ensured regulatory compliance in respective local markets, and collaborated closely with relevant authorities to facilitate a seamless market entry strategy for the X1.
Looking ahead, Scorpio Electric remains steadfast in its commitment to delivering the X1 with production and shipments expected to commence in Q4 2024. Over the next coming months, Scorpio Electric will be intensifying its efforts to strengthen partnerships and explore new avenues for growth in the selected markets.
For more information about Scorpio Electric and its innovative electric motorcycles, visit https://www.scorpioelectric.com