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Stock impact report

1,300 E-JEEPNEY ORDER COMMITMENTS IN THE PHILIPPINES FOR TEMBO FRANCISCO MOTORS JOINT VENTURE

VivoPower International PLC - Ordinary Shares (VVPR) 
US:NASDAQ Investor Relations: vivopower.com/shareholders
Company Research Source: PR Newswire
Orders pursuant to Tembo's previously announced joint venture with Francisco MotorsEstablished in 1947, Francisco Motor Corporation is the original pioneering jeepney manufacturerTotal addressable market to electrify 200,000 existing jeepneys estimated to be worth US$10bn+ LONDON, Jan. 17, 2024 /PRNewswire/ -- Tembo E-LV BV ("Tembo"), a subsidiary of the NASDAQ listed B Corp, VivoPower International PLC (Nasdaq: VVPR, "VivoPower"), announced today that, pursuant to its definitive joint venture agreement with Francisco Motor Corporation ("Francisco Motors"), it has been advised by Francisco Motors of a total of 1,300 order commitments received from several leading jeepney co-operatives in the Philippines,  including Laguna, First Isabela, Progressive and Cazanova.Elmer Francisco, Chairman of Francisco Motors, said: "We are excited to have procured 1,300 order commitments worth an estimated US$30 million from leading jeepney co-operatives that have paid or committed to paying non refund Show less Read more
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