VivoPower and Tembo announce design services agreement with Toyota Australia
- Toyota Australia is a wholly-owned subsidiary of Toyota Motor Corporation, the world’s largest car manufacturer.
- VivoPower has now established a Tembo Australia subsidiary and dedicated Tembo resources to this Toyota Australia programme.
VivoPower International is pleased to announce that it has executed a Design Services Agreement (DSA) with Toyota Motor Corporation Australia Limited (TMCA) for its wholly-owned subsidiary, Tembo e-LV, to be commercially engaged in relation to the next stage of design of electrification solutions for the Toyota LandCruiser 70 for off-road applications in Australia.
The DSA reflects the commercial next step in Tembo’s collaboration programme with TMCA, which was initially announced as a binding letter of intent in June 2021. VivoPower has established a Tembo subsidiary in Australia and will commit dedicated Tembo resources to this important programme.
VivoPower’s Executive Chairman and CEO, Kevin Chin, said: “We are honoured to have entered into this commercial agreement with TMCA and are fully committed to working closely with the TMCA team to deliver an electrified LandCruiser 70, which is fit for purpose and safe for corporate fleets, especially for off-road use cases such as mining. In this regard, we have now dedicated a team within Tembo that is solely focused on this important TMCA project. We will also be sub-contracting our partner in Australia, GB Auto, given their dedicated mining sector experience.”
To read our full press release, and to keep up with all of VivoPower’s releases, visit our Press Releases page.
About VivoPower
VivoPower is a sustainable energy solutions company focused on electrification solutions for customised and ruggedised fleet applications, and solar and critical power technology and services. The Company’s core purpose is to provide its customers with turnkey decarbonisation solutions that enable them to move towards net-zero carbon status. VivoPower is a certified B Corporation with operations in Australia, Canada, the Netherlands, the United Kingdom, the United States, and the United Arab Emirates.
About Toyota Motor Corporation Australia
Toyota Motor Corporation Australia Limited is a wholly-owned subsidiary of Toyota Motor Corporation, the world’s largest car manufacturer.
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