VivoPower's Tembo Secures Strategic Partnership in US$11 Billion Australian Utility Pick Up Truck Market with EV Industry Leader HMBEV

Core Perspective - The partnership between Tembo and Help Me Buy An EV (HMBEV) aims to enhance market adoption and sales in the Australian electric vehicle (EV) sector, as Tembo approaches a potential US$838 million spin-off through a public listing [1][2]. Group 1: Partnership Details - Tembo has entered a strategic partnership with HMBEV, a leading EV consultancy in Australia, to accelerate sales in the light utility vehicle market [1][2]. - HMBEV will support hands-on trials, customer education, and market engagement initiatives to boost adoption across B2B, government, and commercial fleet segments [2]. Group 2: Market Context - Australia is experiencing a rapid shift towards electrification driven by regulatory changes, although the commercial and rural sectors remain underserved [3]. - HMBEV has established itself as a trusted voice in the Australian EV ecosystem, collaborating with major energy players like Ampol to enhance EV infrastructure and education [3]. Group 3: Product Offering - The Tembo Tusker platform is designed as a rugged, cost-effective electric utility vehicle for demanding commercial applications, offering reliable performance and low total cost of ownership [5]. - The Tusker's modular design allows for various use cases across logistics, mining, construction, utilities, and public-sector fleets, supporting fleet operators in decarbonizing operations [5]. Group 4: Strategic Importance - Australia is identified as a priority market for Tembo's commercial EV offerings, reflecting strong demand for rugged, zero-emission vehicles in sectors like mining and construction [5]. - The partnership with HMBEV provides Tembo with immediate credibility and trust in the Australian market, enhancing its position as a trusted expert-led presence [6].