VivoPower's Tembo announces definitive agreement with pre-eminent jeepney group, Sarao Motors, in the Philippines' estimated US$10bn jeepney market

Core Insights - Tembo E-LV B.V. has formed a definitive partnership with Sarao Motors to provide electric jeepneys in the Philippines, aiming to modernize the public transport sector while preserving cultural heritage [1][5][10] - The partnership will leverage Tembo's electric jeepney kits, which are already en route to Sarao's headquarters, to electrify the next generation of public utility jeepneys [2][4] Company Overview - Sarao Motors, established in 1953, is a leading manufacturer of jeepneys in the Philippines, known for its colorful designs and cultural significance [3][10] - VivoPower, the parent company of Tembo, is a global sustainable energy solutions provider focused on electric solutions and has operations in multiple countries including the Philippines [7][8] Industry Context - Jeepneys account for approximately one-third of carbon emissions in the Philippines, highlighting the need for sustainable transport solutions [1] - The partnership aims to create local jobs and opportunities while transitioning the jeepney industry towards electrification and sustainability [5][6]