VivoPower's 5-year decarbonization deal with world's largest carmaker: 'a major milestone' and 'strong endorsement'
LONDON, June 23, 2021 /PRNewswire/ -- Nasdaq-listed corporate decarbonization business VivoPower International PLC (NASDAQ: VVPR) today announced an exclusive manufacturing collaboration with Toyota, the world's largest carmaker.
- LONDON, June 23, 2021 /PRNewswire/ -- Nasdaq-listed corporate decarbonization business VivoPower International PLC (NASDAQ: VVPR) today announced an exclusive manufacturing collaboration with Toyota, the world's largest carmaker.
- According to lead Edison analyst David Larkham: 'Toyota is the largest car company in the world, having delivered 9.5m units in 2020.
- The deal follows two years of collaboration and field trials in the harsh environment of the Australian mining sector.
- In July 2011 Tesla announced a $100 million agreement with Toyota to supply electric powertrain equipment for the RAV4 sports-utility vehicle.