Press Release
VIVOPOWERS TEMBO LAUNCHES THE FULL ELECTRIC TEMBO TUSKER WITH FIRST 50 COMMITTED ORDERS
–News Direct–
Inaugural partner and customer trials have exceeded expectations
Tembo has an initial commitment of 50 orders worth an estimated US$2.5m
Tembo Tusker range complements current conversion kit program, offering more choice
LONDON, June 5, 2024 the NASDAQ listed B Corp, VivoPower International PLC (VivoPower) announced today that its electric vehicle subsidiary, Tembo e-LV B.V. (Tembo) has secured its first 50 committed orders for the Tembo Tusker, its full electric pick up utility vehicle (Tembo Tusker).
The Tembo Tuskers come in both left-hand and right-hand configurations, with single and dual cab options available. They have a base range of 330 kilometres (with the option to extend to 1,000 kilometres), as well as a payload capacity of 1 tonne, and an unbraked towing capacity of 750 kilograms. Importantly they are priced at 15% below other comparable electric utility vehicles in the launch markets of Australia and New Zealand.
The initial order of Tembo Tuskers is being prepared for delivery to partners and customers in Australia, with full on-road homologation expected to be granted by July 2024.
The Tembo Tusker range will augment the Tembo conversion programs, increasing choices for Tembos B2B customer base and target market. Depending on where a fleet customer is in their fleet replacement cycle and/or depending on their strategic requirements and total cost of ownership considerations, Tembo will now be able to offer a choice of a full electric utility vehicle or a conversion of an existing utility vehicle. This expanded offering underscores Tembo's commitment to providing tailored solutions to meet the diverse requirements of its global customer base.
More broadly, VivoPowers strategic focus remains on delivering purpose-driven sustainable energy solutions to electrify B2B fleets, encompassing aftermarket solutions, charging, digital twins, software and data analytics, aligning with evolving market dynamics and regulatory frameworks. The Tembo Tuskers will accelerate the pathway to delivering on this.
About VivoPower
VivoPower is an award-winning global sustainable energy solutions B Corporation company focused on electric solutions for off-road and on-road customised and ruggedised fleet applications as well as ancillary financing, charging, battery and microgrids solutions. The Companys core purpose is to provide its customers with turnkey decarbonisation solutions that enable them to move toward net-zero carbon status. VivoPower has operations and personnel covering Australia, Canada, the Netherlands, the United Kingdom, the United States, the Philippines, and the United Arab Emirates.
About Tembo
Tembo electric utility vehicles (EUVs) are the premier 100% electric solution for ruggedised and/or customised applications for fleet owners in the mining, agriculture, energy utilities, defence, police, construction, infrastructure, government, humanitarian, and game safari industries. Tembo provides safe, high-performance off-road and on-road electric utility vehicles that meet exacting standards of safety, reliability, and quality. Its core purpose is to provide safe and reliable electrification solutions for utility vehicle fleet owners globally, helping perpetuate useful life, reduce costs, maximise return on assets, meet ESG goals and activate the circular economy. Tembo is a subsidiary of the Nasdaq listed B Corporation, VivoPower International PLC.
Forward-Looking Statements
This communication includes certain statements that may constitute forward-looking statements for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterisations of future events or circumstances, including any underlying assumptions. The words anticipate, believe, continue, could, estimate, expect, intends, may, might, plan, possible, potential, predict, project, should, would and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on VivoPowers managements current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPowers business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in VivoPowers filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise.
Contact Details
Shareholder Enquiries
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/vivopowers-tembo-launches-the-full-electric-tembo-tusker-with-first-50-committed-orders-278424411
VivoPower International PLC
COMTEX_453385840/2655/2024-06-05T09:29:29
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
PBOGA Cryptocurrency Exchange Launches Large-Scale Recruitment Plan, Adding Over 100 New Positions
Recently, the globally recognized cryptocurrency trading platform PBOGA officially announced a large-scale hiring initiative, with plans to recruit approximately 100 new employees. The recruitment effort spans multiple key sectors, including technology development, compliance auditing, risk management, marketing, and customer service, covering various levels of positions to support the rapid growth and business expansion of the platform. As the global cryptocurrency market continues to expand, PBOGA is actively scaling its team to enhance its technological competitiveness and service capabilities.
(PBOGA Cryptocurrency Exchange Launches Large-Scale Recruitment Plan, Adding Over 100 New Positions)
This recruitment plan reflects the fast-paced growth and business expansion strategy of the platform, particularly in technology development. PBOGA is increasing investment in blockchain development, smart contract construction, cross-chain asset management, and trading system optimization. Newly hired technical personnel will be directly integrated into the core technology team to address increasingly complex market demands, ensuring transaction stability and a continuously improving user experience.
(PBOGA Cryptocurrency Exchange Launches Large-Scale Recruitment Plan, Adding Over 100 New Positions)
Compliance and risk management remain critical aspects of platform operations. The newly recruited compliance auditors and risk management professionals will help PBOGA meet the increasingly stringent financial regulatory requirements across different jurisdictions. By expanding the scale and expertise of the compliance team, the platform aims to ensure that every transaction adheres to international regulatory standards, strengthening its overall risk control capabilities.
Marketing is another major focus of this recruitment effort. PBOGA seeks to hire professionals with an international perspective and cross-cultural communication skills to bolster its global branding and promotional efforts. The new marketing hires will focus on user acquisition, community engagement, and cross-regional brand communication strategies, ensuring that the PBOGA brand effectively establishes itself and gains widespread recognition in different markets.
(PBOGA Cryptocurrency Exchange Launches Large-Scale Recruitment Plan, Adding Over 100 New Positions)
The platform is also expanding its user support team. Additional customer service and technical support staff will provide 24/7, multilingual, and professional assistance to global users, addressing trading-related inquiries and enhancing overall user satisfaction.
This large-scale recruitment initiative highlights the steady growth of PBOGA within the cryptocurrency sector while signaling its continued commitment to investing in user service quality and technological innovation.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
PBOGA Secures MSB License, Strengthening Global Cryptocurrency Compliance Efforts
On April 23, 2025, the cryptocurrency trading platform PBOGA officially obtained the Money Services Business (MSB) license issued by the Financial Crimes Enforcement Network (FinCEN) of the United States. The announcement of this milestone highlights the outstanding compliance management and reliability of PBOGA while laying a solid foundation for the future international expansion of the platform.
(PBOGA Secures MSB License, Strengthening Global Cryptocurrency Compliance Efforts)
Through this regulatory approval, PBOGA has demonstrated its robust financial supervision framework, stringent user asset protection mechanisms, and strong risk control measures. By adhering to strict compliance standards and a transparent fund management system, the platform effectively reduces transaction risks and uncertainties. Particularly in the current increasingly stringent global cryptocurrency regulatory environment, PBOGA has successfully earned the recognition and support of regulatory authorities by maintaining a clear and well-defined compliance framework.
With the MSB license now in place, PBOGA is well-positioned to expand its cross-border operations. Given the international recognition of the MSB license, the platform can now legally facilitate transactions involving users and capital flows from around the world, further increasing its trading volume and market reach. This certification also enhances the competitive edge of the platform in attracting institutional clients and professional investors, reinforcing its position in the market.
User security and fund protection have always been core operational principles for PBOGA. Following the acquisition of the MSB license, the platform will rigorously enforce Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures. By continuously upgrading risk management technologies and enhancing account security measures, PBOGA effectively mitigates the risks associated with illicit fund flows, providing users with a safe and reliable environment for cryptocurrency investment and trading.
(PBOGA Secures MSB License, Strengthening Global Cryptocurrency Compliance Efforts)
Looking ahead, PBOGA will leverage the advantages of its compliance licensing to expand global business operations and establish stronger partnerships with financial institutions in various regions. The platform will also extend its compliance expertise across all business sectors, continuously addressing the evolving asset management needs of users while contributing to the long-term optimization and development of the global cryptocurrency trading ecosystem.
(PBOGA Secures MSB License, Strengthening Global Cryptocurrency Compliance Efforts)
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
PBOGA Secures Regulation D License, Accelerating Global Compliance Strategy
Recently, the global cryptocurrency trading platform PBOGA officially obtained the Regulation D license issued by the U.S. Securities and Exchange Commission (SEC). This milestone marks a significant breakthrough in the international compliance efforts of PBOGA, positioning the platform more favorably in the global cryptocurrency market.
( PBOGA Secures Regulation D License, Accelerating Global Compliance Strategy )
The acquisition of the Regulation D license is of great significance to the business development of the platform. This license not only signifies that PBOGA has met the stringent standards of U.S. regulatory authorities in fund management, risk control, and financial auditing, but also underscores the commitment of the platform to compliance and transparency. With this license, PBOGA can legally provide a wider range of investment products and services tailored to eligible professional investors and institutional clients. Users who choose PBOGA for investment and asset management will benefit from enhanced legal protections and a greater sense of confidence in their transactions.
( PBOGA Secures Regulation D License, Accelerating Global Compliance Strategy )
By continuously strengthening its compliance framework, PBOGA has enhanced both its brand reputation and market competitiveness. The platform had previously obtained the MSB (Money Services Business) license from FinCEN (Financial Crimes Enforcement Network), and with the addition of the Regulation D license, PBOGA further solidifies its compliance credentials on the international stage. As global regulatory requirements become increasingly stringent, The proactive approach of PBOGA to achieving high compliance standards showcases its strong risk management capabilities and its ability to swiftly adapt to evolving regulatory frameworks.
The compliance licensing also provides strong support for the global expansion strategy of PBOGA. Moving forward, the platform plans to accelerate its market growth in the United States and other key regions, leveraging strict regulatory compliance, transparent operations, and comprehensive user privacy protection measures to attract professional investors and premium business partners worldwide. The proprietary multi-chain technology, matching engine, and security protection systems of the platform will further demonstrate their technical superiority, enhancing competitiveness while serving a global user base.
The recognition granted by the Regulation D license will also facilitate deeper partnerships with international financial institutions. This licensing advantage allows PBOGA to attract stronger financial and institutional investors, fostering the development of its product ecosystem and delivering more innovative and specialized financial services to users worldwide.
The successful acquisition of the Regulation D license represents an important milestone in the global strategic expansion of PBOGA, reinforcing its commitment to compliance, security, and innovation as it continues its path toward sustainable growth in the cryptocurrency industry.
( PBOGA Secures Regulation D License, Accelerating Global Compliance Strategy )
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
-
Press Release5 days ago
The Illusion of Change — A Bold Philosophical Reflection by Adrian Gabriel Dumitru Challenges the True Nature of Transformation
-
Press Release1 week ago
Premium Resources Confirms High-Grade Copper-Nickel Zone in Botswana, Begins Resource Expansion.
-
Press Release6 days ago
Hybrid Collapse Releases Captivating New Album “Biopolitics”
-
Press Release5 days ago
Champion Window Tinting Announces Cutting-Edge Solutions for Energy Savings and Privacy Enhancement
-
Press Release5 days ago
Raven Keiara named Los Angeles finalist for 2025 August Wilson New Voices Monologue Competition
-
Press Release4 days ago
Cloom Tech Offers OEM Wire Harness Manufacturing Solutions
-
Press Release1 week ago
Sleep Dentistry Brisbane Introduces Safe Laughing Gas Sedation for Stress-Free Visits
-
Press Release7 days ago
MeFold Introduces Foldable, Sustainable Water Bottles to Support Eco-Friendly Lifestyles and On-the-Go Hydration