VivoPower International (VVPR) has released an update.
VivoPower International PLC has announced that its subsidiary Tembo e-LV B.V. has launched the Tembo Tusker, a new electric utility vehicle, with 50 orders already committed, valued at approximately $2.5 million. The Tembo Tusker, which offers configurations for various driving preferences and boasts a base range of 330 kilometers, is entering the market with a competitive pricing strategy, 15% lower than comparable models. This vehicle addition complements Tembo’s existing conversion kit program, providing more options for business-to-business customers and advancing VivoPower’s strategic focus on sustainable energy solutions for electrifying fleets.
For further insights into VVPR stock, check out TipRanks’ Stock Analysis page.
