Scooter maker Vmoto (LON:VMT) has done a deal to sell its products to a Canadian telematics company.
Vmoto said it had agreed to supply at least 32,000 of its E-Max electric scooters to Saturna Green Systems in a five-year deal.
Saturna will use the scooters, fitted with its own technology, platform and software, in its electric scooter sharing project.
It will use them in two North American and European cities, expected to be followed by the roll-out of additional scooters in other cities across North America, ahead of proposed worldwide distribution.
The pair said they expect significant potential benefits including growth initially in the North American and European markets for both, and savings between the two companies in electric vehicle technology and networks.
Vmoto managing director Charles Chen said: "Saturna's electric scooter sharing project is expected to have a profound impact on electric vehicles as a daily mode of transport and aims to ease traffic congestion, air pollution, overcrowded public transport and parking issues in high density central business districts."
Founder and chief executive of Saturna, Anwar Sukkarie, said: "The electric scooter sharing project has received substantial support from governments in a number of countries and we are planning to launch in Vancouver, Canada first with a goal to expand to other cities of choice.
"We are very pleased to be able to partner with Vmoto and look forward to developing a long-term and fruitful relationship with them."