VivoPower's Tembo E-LV BV Subsidiary Announces It Has Been Advised By Francisco Motors Of A Total Of 1,300 Order Commitments From Several Jeepney Co-Operatives
Portfolio Pulse from Benzinga Newsdesk
VivoPower's subsidiary, Tembo E-LV BV, has received a total of 1,300 order commitments for its electric vehicles from several Jeepney cooperatives, as advised by Francisco Motors.
January 17, 2024 | 2:20 pm
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VivoPower's Tembo E-LV BV has secured 1,300 order commitments for electric vehicles from Jeepney cooperatives, indicating a strong demand for its products.
The announcement of a substantial number of order commitments for VivoPower's subsidiary is likely to be viewed positively by investors, as it suggests a growing demand for the company's electric vehicles. This could potentially lead to increased revenue and market share in the electric vehicle sector, positively impacting the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90