VSETT PRICE RISE EFFECTIVE 15 MARCH 2022

VSETT PRICE RISE EFFECTIVE 15 MARCH 2022

Thank you for your ongoing support in this tough fast paced environment during uncertain times.

The COVID - 19 virus has caused significant social and financial-impact to the international economy, exchange rate creating unprecedented consumer demand for Personal Electric Transport. The demand spike has resulted in changed trading terms, increased deposits, in advance for extended periods. The lengthy delays to supply chain and production significantly affecting economic certainty, driving the core component pricing.

Factories and production facilities face increased cashflow demand. The lack of parts and stock availability in the supply chain cause compromise, component change and / or manufacturing delay. Further compounding the stock shortage production facilities now requires significantly larger deposits to schedule manufacturing and production of bikes. Payments are now required in full to schedule effective production.

We have seen an increase in sales as people prefer to ride electric scooters rather than share congested transport services.

Our business model has been costed on fixed price model no longer sustainable. In the coming days and with new containers of stock arriving, effective 14th March 2022, you will see our prices move to align with the increase of raw materials, production costs, international freight costs and increased deposit requirements.

The price rise is effective 15th March 2022 we will share some price savings for orders placed through the Business-to-Business Portal. All pre-orders received will be honoured at the current pricing as at 1 March 2022, existing models are available for purchase at current pricing.

VSETT PRICE INCREASE EFFECTIVE 15TH MARCH 2022

Model

Description

RETAIL PRICING

VSETT 8

48V 15.6

$ 1,499.00

VSETT 8

48V 19.2 LG

1,799.00

VSETT 8

48V 21 LG

$ 2,099.00

VSETT 8+

48V 16 LG

$ 1,999.00

VSETT 9

52V 13

$ 1,699.00

VSETT 9

52V 16 LG

$ 1,999.00

VSETT 9

52V 17.5 LG

$ 2,199.00

VSETT 9+

48V 15.6

$ 1,999.00

VSETT 9+

48V 19.2 LG

$ 2,299.00

VSETT 9+

48V 21 LG

$ 2,599.00

VSETT 10+

60v 20.8

$ 3,499.00

VSETT 10+

60V 25.6 LG

$ 3,999.00

VSETT 10+

60V 28 LG

$ 4,499.00

VSETT 11+

60V 31.2

$ 4,999.00

VSETT 11+

60V 42 LG

$ 5,999.00

VSETT 11+ Super 72V

72V 32LG

$ 6,499.00

VSETT 11+ Super 72V

72V 35LG

$ 6,999.00