Pioneer Signs Landmark Agreement to Drive International Expansion of e-Boost

Core Insights - Pioneer Power Solutions has signed a Memorandum of Understanding (MOU) with Savvy Charging Technologies to expand its e-Boost mobile electric vehicle charging solutions into the UAE market, marking a significant step in its international growth strategy [1][2][4] Partnership Details - The partnership aims to leverage Savvy's local market expertise and distribution capabilities to create a compliant entry into the UAE, generating recurring franchise revenue starting in 2026 [2][3] - The MOU includes technology transfer to a local manufacturing partner, ensuring compliance with UAE standards and reducing costs [2][3] Product Launch and Revenue Generation - The initial phase involves delivering a pilot unit, the e-Boost G.O.A.T., scheduled for build and delivery in Q1 2026, which will undergo compliance testing and demonstrations to fleet operators [3] - Revenue generation is expected to begin with the pilot in 2026, with additional revenue anticipated from locally manufactured units in 2027 as operations scale [3] Market Opportunity - The UAE is a critical market for e-Boost, driven by government mandates requiring 30% of all fleets to be electric by 2030, creating demand among large organizations [4] - Savvy Charging's mobile-Charging-as-a-Service model positions e-Boost for high market penetration, facilitating rapid fleet scaling [4][5] Strategic Vision - The partnership aligns with the UAE's vision for sustainable urban development and clean energy transition, supporting the country's Net Zero 2050 goals [5] - Pioneer aims to quickly scale operations to meet immediate business and fleet needs through collaboration with Savvy Charging [5]