Vmoto (ASX:VMT) reported total sales of 2,943 units in the first quarter, down 16% on the same period in the previous year, while its total international units sold clocked in at 2,795, down 2% year-on-year, according to a Friday Australian bourse filing.
The electric vehicle firm began supplying battery swapping station products to its customers, and it plans to roll out battery charging stations in the near future, the filing said.
It added that the tariffs announced by the US have not had a direct impact on its sales, but they have contributed to increased volatility in the global macroeconomic environment.
Its shares fell 4% in recent trading on Friday.
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