29,795 square foot facility represents a 113% increase over Tembo’s current space to provide capacity to develop and assemble e-LV kits
VivoPower International PLC (NASDAQ: VVPR) (“VivoPower,” the “Company”) is pleased to announce that its wholly-owned subsidiary in the Netherlands, Tembo e-LV B.V. (“Tembo”), will move to an expanded electric light vehicle (“e-LV”) development and assembly facility in Eindhoven in May 2022.
Currently based in Bergeijk, Tembo’s e-LV conversion kits transform diesel-powered vehicles into customized and/or ruggedized e-LVs for use in sectors such as mining, resources, infrastructure, construction, and defense. In the past year, Tembo has made significant progress despite COVID disruptions, including signing agreements with distribution partners for e-LV kits across six continents.
To accommodate these developments and enable the necessary e-LV development and assembly growth to service its customer base, Tembo will move to an expanded facility located in Eindhoven, the hub of the Dutch automotive industry, on May 1st. This new facility is conveniently located within the Eindhoven international airport precinct and comprises 29,795 square feet of space, a significant increase on Tembo’s current facilities of 13,993 square feet.
The Eindhoven area features numerous automotive OEMs and related manufacturing businesses. It is home to over 50 percent of the Dutch automotive industry.
Jos van der Linden, Managing Director of Tembo in the Netherlands, said: “Tembo’s relocation is essential for the continued growth of our company. Being in central Eindhoven, our new facilities will enhance our ability to recruit engineering talent. With this move, we are also ensuring that we have the capacity to meet the requirements of our partners and customers.”
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