Perth-based Vmoto Ltd has acquired 67 per cent of Chinese scooter engine and scooter assembly group Shanghai Haiya Power Manufacturing Co Ltd for cash contributions of $1.6 million over 12 months, the company announced today.

Perth-based Vmoto Ltd has acquired 67 per cent of Chinese scooter engine and scooter assembly group Shanghai Haiya Power Manufacturing Co Ltd for cash contributions of $1.6 million over 12 months, the company announced today.