VivoPower's Tembo Signs Definitive Heads of Agreement with East Africa's Leading Vehicle Assembler, Associated Vehicle Assemblers Ltd (AVA)

Core Points - VivoPower's subsidiary, Tembo e-LV, has signed a 5-year agreement with Associated Vehicle Assemblers Ltd. (AVA) to convert 200 vehicles in the first year and 1,600 over five years [1][3] - The agreement allows AVA to distribute and locally assemble Tembo's 100% electric utility vehicle (EUV) solutions across East Africa, targeting sectors such as mining, agriculture, and government [3][4] - The partnership aims to support Kenya's transition to sustainable transportation and create local jobs [4] Company Overview - VivoPower is a global sustainable energy solutions B Corporation focused on electric solutions for customized fleet applications and ancillary services [6] - Tembo specializes in 100% electric utility vehicles designed for rugged and customized applications across various industries [8] - AVA is East Africa's leading vehicle assembler, known for its commitment to quality and sustainability, and has the capacity to assemble 30,000 vehicles annually [9]