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VivoPower’s Tembo Strikes EV Fleet Partnership in US$11bn Australian Utility Market

Story Highlights
  • VivoPower’s Tembo partnered with Help Me Buy an EV to launch its Tusker electric utility vehicle across Australia’s US$11 billion light pickup market.
  • The deal boosts Tembo’s fleet sales, market visibility and third-party validation in Australia as the subsidiary advances toward a potential US$838 million public spin-off.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
VivoPower’s Tembo Strikes EV Fleet Partnership in US$11bn Australian Utility Market

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VivoPower International ( (VVPR) ) has provided an update.

On January 16, 2026, VivoPower International announced that its electric vehicle subsidiary Tembo e-LV entered a strategic partnership with Australian EV consultancy Help Me Buy an EV to support the commercial rollout of Tembo’s Tusker electric utility vehicle in Australia’s roughly US$11 billion light utility pickup market. The alliance gives Tembo a high-visibility route to business, government and commercial fleet customers via HMBEV’s education, trial and engagement programs, bolstering third‑party validation of the Tusker’s rugged, zero‑emission capabilities and strengthening Tembo’s sales network in a key market as it advances toward a potential spin‑off and public listing with an implied US$838 million valuation.

The most recent analyst rating on (VVPR) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on VivoPower International stock, see the VVPR Stock Forecast page.

Spark’s Take on VVPR Stock

According to Spark, TipRanks’ AI Analyst, VVPR is a Neutral.

Overall score is held down primarily by very weak financial performance (losses, leverage/instability, and negative operating/free cash flow). Technicals are mixed with only modest near-term strength against a longer-term downtrend, while valuation signals are constrained by a negative P/E and no dividend data.

To see Spark’s full report on VVPR stock, click here.

More about VivoPower International

VivoPower International is a Nasdaq-listed, B Corp-certified global sustainable energy solutions company founded in 2014, with operations across the UK, Australia, North America, Europe, the Middle East and Southeast Asia. Through its Tembo unit, it develops electric solutions for customized, ruggedized off-road and on-road fleet applications, alongside financing, charging, battery and microgrid offerings, while its Caret Digital and Vivo Federation businesses focus on power-to-x uses such as digital asset mining, AI data centre infrastructure and blockchain-based applications, increasingly aligned to sovereign AI computing opportunities.

Average Trading Volume: 488,492

Technical Sentiment Signal: Sell

Current Market Cap: $50.03M

See more data about VVPR stock on TipRanks’ Stock Analysis page.

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