tiprankstipranks
VivoPower’s Tembo EUV kit deliveries have commenced
The Fly

VivoPower’s Tembo EUV kit deliveries have commenced

Tembo E-LV, a subsidiary of the Nasdaq listed B Corp, VivoPower International PLC, announces that it has begun delivery of its next generation Electric Utility Vehicle, EUV, powertrain conversion kits. The first delivery of kit components were made to Access Industrial Mining, Tembo’s exclusive distributor in Canada. Following completion of Access’s successful testing program of the Tembo converted 4×4 Landcruiser in Europe in 2023, Access placed an initial order for EUV powertrain conversion kits. Further testing was then conducted across both hardware and software elements of the EUV powertrain conversion kits. This was pursuant to a definitive agreement for Access to purchase 1,675 Tembo EUV conversion kits over a period of five years. Kevin Chin, Chairman and CEO of VivoPower, said: “For Tembo, quality and safety are of paramount importance. Following a disciplined testing program over the last 12 months, we are very pleased to have begun delivery of the next generation EUV conversion kits and look forward to supporting our valued partner, Access as well as our other partners across the globe to electrify their utility vehicle fleets. In doing so, we look forward to helping them meet their commercial objectives, including in relation to sustainability goals.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on VVPR:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles