VivoPower's Tembo Tuskers order and deliveries on schedule for February 2025, from Sydney, Australia

Core Insights - VivoPower's subsidiary, Tembo, will receive 25 Tusker electric utility vehicles in Sydney by February 2025, driven by strong customer demand [1][2] - The Tusker vehicles feature advanced technology, including electronic park braking, uphill drive assistance, and a 12.3-inch center console screen [2] - The Tembo Tusker is recognized as the best value for money 100% electric utility pick-up truck in Australia, backed by a 3-year OEM warranty and an 8-year battery warranty from CATL [2] Regulatory Approval - The Tusker received full Australian Federal Government on-road homologation vehicle type approval in November 2024, a critical regulatory milestone for the Australasian pick-up truck market, valued at approximately US$10 billion [3] - Vehicle type approvals (VTAs) ensure compliance with safety, environmental, and anti-theft standards, which are essential for the legal operation of vehicles on public roads [3] - VTAs are increasingly important as electric vehicle adoption grows, addressing specific standards such as battery safety and charging capabilities [3] Company Overview - VivoPower, established in 2014 and listed on Nasdaq since 2016, focuses on sustainable energy solutions, particularly electric solutions for ruggedized fleet applications [4] - The company aims to provide turnkey decarbonization solutions to help customers achieve net-zero carbon status, with operations in multiple countries including Australia, Canada, and the United States [4] - Tembo specializes in 100% electric utility vehicles for various industries, including mining, agriculture, and government, emphasizing safety and performance [5]