Agreement with Fourche Maline to sell 2,500 Tembo EUV kits over the next 5 years

Ghana is the largest producer of gold in Africa and ranks amongst the top 6 globally

Ghana’s government has launched the Drive Electric Initiative through the Ghana Energy Commission

VivoPower is pleased to announce that it has signed a definitive agreement with Fourche Maline, a fully indigenous Ghanaian engineering and technical services company for it to market, distribute, and service Tembo-powered electric utility vehicles (EUVs) across Ghana. Fourche Maline provides engineering and technical services in the local Ghana market to a number of the world’s leading companies in the Oil & Gas, Mining, Power & Energy, and Food & Beverage sectors.

Under the Agreement, Fourche Maline has committed to sell a total of 2,500 Tembo EV conversion kits from execution of this Agreement over the next 5 years across Ghana and West Africa. Fourche Maline will be responsible for acquiring utility vehicles, converting the vehicles to ruggedised Electric Utility Vehicles using Tembo conversion kits, selling the units to end customers, and providing after-sale servicing and maintenance with support from Tembo. Sectors, where the Tembo EUV will be used, are wide-ranging, including mining but also power, oil & gas, government services, insurance, and agriculture.

Ghana is one of the largest mining countries in the world and the number one gold mining country in Africa. The Hilux and LandCruiser are widely used in the local mining industry and several international mining companies with a local presence have declared global sustainability goals. Ghana has also been a proponent of Electric Vehicle adoption with the Ghana Energy Commission launching a “Drive Electric Initiative” (DEI-Gh) to foster the development of the EV market and infrastructure.

The Tembo EUV kits will transform new and second-hand diesel-powered 4×4 LandCruiser and Hilux vehicles into ruggedised EUVs. Tembo EUV conversion kits are a key component of VivoPower’s turnkey sustainable energy solutions, designed to help corporate customers accelerate towards their net zero carbon goals and to achieve cost savings.

Kevin Chin, VivoPower’s Executive Chairman and Chief Executive Officer, said:

“We are very pleased to contribute towards the acceleration of Ghana achieving its net-zero goals with our Tembo EUV23 kits. Given the large mining sector in Ghana and surrounding West African nations, there is widespread use of the Hilux and LandCruiser models for mining as well as other sectors. Accordingly, there is a sizeable opportunity for electrification of utility vehicle fleets. We look forward to working closely with the Fourche Maline team to deliver not just Tembo EUV kits but also our broader sustainable energy solutions to Ghana, assisting the Ghanaian government as well as large industrial sector companies achieve their energy transition goals over the next five years in and beyond.”

Matilda Agyemang Sarfo, Fourche Maline’s Board Director, said:

“We are thrilled about the collaboration with VivoPower to implement electric mobility solutions specifically designed for aggressive and rugged terrains in Ghana and West Africa. This partnership represents a significant milestone as Ghana is the largest gold producer in Africa, and its mining sector is dedicated to a shift towards sustainable transportation. We have already initiated discussions with some key local mining players who are keen to test Tembo’s electrification solution.”

To read the full press release, and to keep up with all of VivoPower’s releases, visit the Press Releases page.

About Fourche Maline Ltd

Fourche Maline is a fully indigenous Ghanaian engineering and technical services company dedicated to the optimal performance of a wide range of industrial and commercial services for clients in the Oil and gas, Mining, Food and Beverage, and Diplomatic missions.

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