VivoPower International (VVPR) has released an update.
VivoPower International PLC has dramatically transformed its business model by launching a fully electric OEM pickup utility vehicle through its subsidiary, Tembo. By establishing a strategic supply chain across Asia, Tembo bypasses heavy capital expenditures, speeding up its market presence and revenue potential. The company has already secured initial B2B orders for the EU-certified vehicles, with plans to double its addressable market to $203 billion.
For further insights into VVPR stock, check out TipRanks’ Stock Analysis page.
