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VivoPower’s Tembo to launch EUV25 EPower kits for Landcruisers at Automechanika Dubai 2024, with an estimated 60,0000 attendees from 160 countries

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VivoPower International's subsidiary Tembo has announced the launch of its EUV25 EPower conversion kit for Landcruisers at Automechanika Dubai 2024, taking place from December 10-12 at the Dubai World Trade Centre. The kit is specifically designed for rugged off-road terrain and heavy payload conditions.

Tembo will collaborate with UAE-based ONE MOTO at the event, which is the largest automotive aftermarket show in the Middle East, Africa, and South Asia region. The show will feature over 2,200 exhibitors from 161 countries across 17 halls, with an estimated 60,000 attendees. The EUV25 builds on the Land Cruiser LC70's design, which is particularly popular in the UAE and GCC region for industries like oil exploration, agriculture, and logistics.

Tembo, sussidiaria di VivoPower International, ha annunciato il lancio del suo kit di conversione EUV25 EPower per Landcruiser durante Automechanika Dubai 2024, che si svolgerà dal 10 al 12 dicembre presso il Dubai World Trade Centre. Il kit è progettato specificamente per terreni accidentati e condizioni di carico pesante.

Tembo collaborerà con ONE MOTO, basata negli Emirati Arabi Uniti, all'evento, che è la più grande fiera dell'aftermarket automobilistico nella regione del Medio Oriente, Africa e Sud Asia. La fiera vedrà la partecipazione di oltre 2.200 espositori provenienti da 161 paesi in 17 padiglioni, con una stima di 60.000 partecipanti. L'EUV25 si basa sul design del Land Cruiser LC70, particolarmente popolare negli Emirati e nella regione del Gulf Cooperation Council (GCC) per settori come l'esplorazione petrolifera, l'agricoltura e la logistica.

Tembo, filial de VivoPower International, ha anunciado el lanzamiento de su kit de conversión EUV25 EPower para Landcruiser en Automechanika Dubai 2024, que tendrá lugar del 10 al 12 de diciembre en el Centro Mundial de Comercio de Dubái. El kit está diseñado específicamente para terrenos off-road difíciles y condiciones de carga pesada.

Tembo colaborará con ONE MOTO, con sede en los Emiratos Árabes Unidos, en el evento, que es la mayor feria del sector automotriz en la región de Medio Oriente, África y Asia del Sur. La feria contará con más de 2,200 expositores de 161 países en 17 pabellones, con una estimación de 60,000 asistentes. El EUV25 se basa en el diseño del Land Cruiser LC70, que es particularmente popular en los Emiratos y la región del Consejo de Cooperación del Golfo (GCC) para industrias como la exploración petrolera, la agricultura y la logística.

VivoPower International의 자회사인 TemboAutomechanika Dubai 2024에서 Landcruiser를 위한 EUV25 EPower 변환 키트의 출시를 발표했습니다. 이 행사는 12월 10일부터 12일까지 두바이 월드 트레이드 센터에서 열립니다. 이 키트는 거친 오프로드 지형과 중량 하중 조건을 위해 특별히 설계되었습니다.

Tembo는 이 행사에서 UAE에 본사를 둔 ONE MOTO와 협력할 예정이며, 이는 중동, 아프리카 및 남아시아 지역에서 가장 큰 자동차 애프터마켓 전시회입니다. 이 전시회에는 161개국에서 온 2,200개 이상의 전시업체가 참여하며, 17개의 홀에서 약 60,000명이 참석할 것으로 예상됩니다. EUV25는 LC70 Land Cruiser의 디자인을 기반으로 하며, 이는 UAE 및 GCC 지역에서 석유 탐사, 농업 및 물류와 같은 산업에 특히 인기가 있습니다.

Tembo, filiale de VivoPower International, a annoncé le lancement de son kit de conversion EUV25 EPower pour les Landcruisers lors de l'Automechanika Dubai 2024, qui se tiendra du 10 au 12 décembre au Centre mondial du commerce de Dubaï. Le kit est spécialement conçu pour les terrains tout-terrain difficiles et les conditions de charges lourdes.

Tembo collaborera avec l'entreprise ONE MOTO, basée aux Émirats Arabes Unis, lors de cet événement, qui est le plus grand salon de l'après-vente automobile au Moyen-Orient, en Afrique et en Asie du Sud. Le salon présentera plus de 2 200 exposants de 161 pays dans 17 halls, avec une estimation de 60 000 visiteurs. L'EUV25 s'appuie sur le design du Land Cruiser LC70, qui est particulièrement populaire aux Émirats et dans la région du Conseil de coopération du Golfe (GCC) pour des secteurs tels que l'exploration pétrolière, l'agriculture et la logistique.

Tembo, eine Tochtergesellschaft von VivoPower International, hat die Einführung ihres EUV25 EPower Umrüstsatzes für Landcruiser auf der Automechanika Dubai 2024 angekündigt, die vom 10. bis 12. Dezember im Dubai World Trade Centre stattfindet. Der Kit ist speziell für raue Offroad-Gelände und schwere Lastbedingungen konzipiert.

Tembo wird auf der Veranstaltung mit dem in den VAE ansässigen Unternehmen ONE MOTO zusammenarbeiten, die größte Automobil-Aftersales-Messe im Mittleren Osten, Afrika und Südasien. Die Messe wird über 2.200 Aussteller aus 161 Ländern in 17 Hallen präsentieren, mit einer geschätzten Teilnehmerzahl von 60.000. Der EUV25 baut auf dem Design des Land Cruiser LC70 auf, der in den VAE und der GCC-Region für Branchen wie Erdölexploration, Landwirtschaft und Logistik besonders beliebt ist.

Positive
  • Strategic entry into fast-growing Middle East automotive market
  • Partnership with established regional player ONE MOTO
  • Product specifically designed for high-demand regional market segment
Negative
  • None.

Insights

The planned launch of VivoPower's EUV25 EPower kit at Automechanika Dubai 2024 represents a strategic but speculative market entry. While the GCC region offers significant potential with its large Landcruiser LC70 market penetration across key industries like oil exploration and logistics, this is merely an announcement of future plans without immediate financial impact. The collaboration with ONE MOTO provides local market access, but the true business impact won't be measurable until actual sales materialize after the launch and planned Q1 2025 drive days. For a micro-cap company (<money>$13M</money>), entering the Middle Eastern EV conversion market could be transformative, but investors should note this is a forward-looking event without current material significance.

EUV25 EPower kit is the next-generation electric conversion kit for Landcruisers

Automechanika Dubai to be held from 10-12 December 2024

Estimated 60,000 attendees from over 160 countries registered to attend

Automechanika Dubai is the largest automotive aftermarket solutions show in the region

Tembo to follow up by hosting regional off-road drive days in the first quarter of calendar 2025

LONDON, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Tembo e-LV B.V. (“Tembo”), a subsidiary of Nasdaq-listed B Corporation, VivoPower International PLC (Nasdaq: VVPR) (“VivoPower”), is pleased to announce that it will be launching its next-generation EUV25 EPower conversion kit for Landcruisers at Automechanika Dubai 2024. 

The EUV25 EPower kit is the latest electric conversion kit for Landcruisers, specifically designed to accommodate rugged off-road terrain and conditions, as well as heavy payload.

Tembo will be joining forces with the market-leading UAE-based sustainable transport solutions company, ONE MOTO, at Automechanika Dubai from 10 to 12 December 2024, which will be held at the Dubai World Trade Centre.

Tembo’s EUV25 builds on the legendary design of the Land Cruiser LC70, which has been an iconic and ubiquitous mode of transportation in the UAE and the broader Gulf Cooperation Council (GCC) region. Because of its rugged reliability and adaptability to challenging terrains, the LC70 has secured its place as the vehicle of choice traversing vast deserts, remote areas, and mountainous landscapes. Its durable design and ability to withstand extreme temperatures has made it indispensable for industries such as oil exploration, agriculture, and logistics.

Automechanika Dubai 2024 is the largest international trade show for the automotive aftermarket industry in the Middle East, Africa, and South Asia region. It provides a platform for industry professionals, manufacturers, and suppliers to network, showcase innovations, and explore opportunities in the rapidly evolving automotive sector.

This year’s event will feature over 2,200 exhibitors from 161 countries, spanning 17 halls. Key highlights include specialised sections for tyres, batteries, telematics, diagnostics, and EV-related technologies, reflecting the industry's shift toward sustainability.

Chris Mallios, Chief Commercial Officer of VivoPower said: “We are delighted to be launching the EUV25 EPower conversion kit in one of the fastest growing regions in the world. We are grateful to be showcasing the kit in collaboration with the ONE MOTO team at Automechanika Dubai 2024. This collaboration reflects our shared commitment to driving innovation and adoption of electric vehicle technologies. By combining our expertise, we aim to showcase cutting-edge yet cost effective solutions that address the growing demand for sustainable mobility in the region”. 

About VivoPower 

Established in 2014 and listed on Nasdaq since 2016, VivoPower is an award-winning global sustainable energy solutions B Corporation company focussed on electric solutions for off-road and on-road customised and ruggedised fleet applications as well as ancillary financing, charging, battery and microgrids solutions. VivoPower’s core purpose is to provide its customers with turnkey decarbonisation solutions that enable them to move toward net-zero carbon status. VivoPower has operations and personnel covering Australia, Canada, the Netherlands, the United Kingdom, the United States, the Philippines, and the United Arab Emirates.

About ONE MOTO

ONE MOTO is a pioneering electric vehicle company specialising in sustainable transport solutions for urban mobility and last-mile delivery. With a strong presence across the globe, ONE MOTO’s mission is to transform cities by providing zero-emission, cost-effective electric motorcycles for businesses and consumers alike. By leveraging advanced data technology and a passion for sustainability, ONE MOTO is paving the way for a cleaner, smarter future in urban transport.

About Tembo

Tembo electric utility vehicles (EUVs) are a 100% electric solution for ruggedised and/or customised applications for fleet owners in the mining, agriculture, energy utilities, defence, police, construction, infrastructure, government, humanitarian, and game safari industries. Tembo provides safe, high-performance off-road and on-road electric utility vehicles. Its core purpose is to provide safe and reliable electrification solutions for utility vehicle fleet owners, helping to perpetuate useful life, reduce costs, maximise return on assets, meet ESG goals and seeks to further the circular economy. Tembo is a subsidiary of VivoPower, a Nasdaq-listed B Corporation.

Forward-Looking Statements

This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterisations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise.

Contact 

Shareholder Enquiries 

shareholders@vivopower.com 


FAQ

When will VivoPower (VVPR) launch the EUV25 EPower kit at Automechanika Dubai 2024?

VivoPower (VVPR) will launch the EUV25 EPower kit at Automechanika Dubai 2024 from December 10-12, 2024, at the Dubai World Trade Centre.

What is the target market for VivoPower's (VVPR) EUV25 EPower conversion kit?

The EUV25 EPower kit targets industries requiring rugged off-road vehicles in the UAE and GCC region, particularly oil exploration, agriculture, and logistics sectors.

Who is VivoPower (VVPR) partnering with at Automechanika Dubai 2024?

VivoPower (VVPR) is partnering with ONE MOTO, a UAE-based sustainable transport solutions company, for the launch at Automechanika Dubai 2024.

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