VivoPower International PLC Announces $29m Mongolian Distribution Deal for Tembo Electric Light Vehicles
Leading Mongolian automotive distributor Bodiz International Group LLC intends to purchase 350 electric light vehicle conversion kits from VivoPower subsidiary Tembo e-LV B.V over the next 5 years.
- Leading Mongolian automotive distributor Bodiz International Group LLC intends to purchase 350 electric light vehicle conversion kits from VivoPower subsidiary Tembo e-LV B.V over the next 5 years.
- Under the agreement (the Distribution Agreement), Bodiz intends to purchase 350 Tembo e-LV conversion kits through December 2026.
- Alongside solar generation, battery storage and on-site power distribution, Tembo e-LV products are a key component of VivoPowers turnkey net-zero solutions for corporate decarbonization.
- This Distribution Agreement marks VivoPowers fourth major distribution deal in 2021 for Tembo e-LVs across four continents and continues to advance the Companys aim to build a global Tembo distribution network before the end of this year.