- VivoPower International has an Australian subsidiary Tembo e-LV which repurposes Toyota vehicles as BEVs for mining & offroad applications.
- Letter of Intent with Toyota Australia for VivoPower to partner on electrification of mining and offroad LandCruiser use globally.
- VivoPower suggests market for mining and offroad applications of electrified Toyota LandCruiser and Hilux vehicles is 456,000 vehicles ($36 billion annually).
- Is there an even bigger opportunity with electrification of ICE in existing global car fleet?
- Watch this space for a possible new investment angle on electrification of transport.
For further details see:
VivoPower International And Toyota, Another Angle On End Of The ICE?