Friday, January 30, 2026
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Press Release GlobeNewswire

VivoPower’s Tembo announces definitive agreement with pre-eminent jeepney group, Sarao Motors, in the Philippines’ estimated US$10bn jeepney market

October 3, 2024
in GlobeNewswire
Reading Time: 8 mins read
5
SHARES
247
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

Iconic jeepneys are the main form of public transport in the Philippines, with over 200,000 in service

Jeepneys account for approximately one-third of carbon emissions in the country

Established in 1953, Sarao Motors is the Philippines’ pre-eminent jeepney group

Sarao Motors selected Tembo to be its exclusive partner to provide electric jeepneys

Tembo will continue to be able to work with other companies to provide electric jeepney solutions

LONDON, Oct. 03, 2024 (GLOBE NEWSWIRE) — Tembo E-LV B.V. (“Tembo”), a subsidiary of Nasdaq-listed B Corporation, VivoPower International PLC (Nasdaq: VVPR) (“VivoPower”), is very pleased to announce its definitive partnership agreement with the iconic Philippine jeepney manufacturer Sarao Motors (“Sarao”).

With a strategic focus on delivering purpose-driven sustainable transport solutions, Tembo will provide Sarao with state-of-the-art and cost-effective solutions to electrify the next generation of public utility jeepneys. Deliveries of Tembo’s electric jeepney kits are already en route to the Philippines and expected to be at Sarao’s headquarters in Las Piñas City, Metro Manila within the next weeks.

Sarao is the long-standing and iconic leader in jeepney manufacturing in the Philippines, establishing itself as the top choice over decades for the majority of jeepney co-operatives, operators and drivers. Since 1953, the company has become synonymous with the colourful and ornately designed public utility vehicle symbolising Filipino culture. In 1981, it was the first jeepney company to be commissioned by the Vatican to make a jeepney popemobile for Pope John Paul II’s visit to the Philippines.

Importantly, Sarao owns the largest dedicated jeepney facility in the Philippines, with over 20,000 square-metres, based in a prime location in Las Piñas City. Furthermore, it also has its own jeepney routes and jeepneys that service these routes. VivoPower and Tembo will provide technical support to Sarao as Sarao transforms this site into a state-of-the-art sustainable energy solutions facility with modern assembly facilities and charging stations.

Edgardo ‘Ed’ Sarao, Vice President, Sarao Motors, said: “Together, we are bringing back the glory days of the Philippines’ jeepney industry, creating local jobs and opportunities, while preserving the cultural heritage that the jeepney represents. With this partnership, we’re raising the bar for the Philippine transportation industry and starting a future that honours tradition and embraces innovation. Seeing Tembo’s remarkable speed, technical expertise, and cost efficiency, we know they are the right partner for this journey.”

Leonard John ‘LJ’ Sarao, Operations Supervisor, Sarao Motors, said: “The Philippine jeepney, ever so resilient, will receive a big overhaul with its new electric powertrain. Preserving its roots and improving performance and efficiency, let us all move forward with making our public transport safer and environmentally friendly. In partnership with Tembo, we are looking forward to propelling our cultural icon into the future.”

Executive Chairman and CEO of VivoPower, Kevin Chin, said: “We are absolutely honoured that Tembo is partnering with Sarao Motors, a household name in the Philippines that is well recognised and highly respected by the Philippines government and the Filipino people alike. For Sarao to have selected Tembo as its exclusive e-jeepney kits and solutions provider, it is a testament to the considered, careful, and comprehensive approach to the engineering quality and safety that underpins our culture and modus operandi. As a B Corporation, we are steadfastly committed to the triple bottom line of People, Planet and Profit. We will not yield to short-term pressures that could lead to decisions that compromise the safety and comfort of passengers of e-jeepneys and the economic livelihood of those who work in the jeepney industry, especially the co-operatives and drivers. Our mission with the electric jeepney programme is to help enable the jeepney industry in the Philippines to be modernised, electrified and resurrected. Jobs can be created by leveraging local craftsmanship. We are confident that our partnership with Sarao will boost job opportunities in the jeepney transportation and manufacturing sectors of the Philippines, ensuring that the traditional skills of jeepney builders are not only protected but also advanced through new EV technologies. Furthermore, the integration of Tembo’s EV chassis allows us to keep jeepneys on the road while meeting modern environmental standards, paving the way for a cleaner, greener future. The partnership honours the legacy of Sarao’s design, ensuring that the look and feel of the beloved jeepney remains intact while enhancing its efficiency, durability, and performance with next-gen EV tech. In Sarao, we have found a partner with the same ethos and long-term mindset, with genuine care for its customers, passengers and the people of the Philippines. We are also looking forward to supporting Sarao behind the scenes as it seeks to revitalise the jeepney industry locally in the Philippines. Jeepneys are the number one cultural icon of the Philippines, and we fully support that the next generation of jeepneys need to ultimately be made by Filipinos for Filipinos.”

About VivoPower

Established in 2014, 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 Company’s 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 a 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. Its core purpose is to provide safe and reliable electrification solutions for utility vehicle fleet owners, helping to perpetuate useful life, reduce costs, maximise return on assets, meet ESG goals and seeks to further the circular economy. Tembo is a subsidiary of VivoPower, a Nasdaq-listed B Corporation.

About Sarao Motors

Founded in 1953, Sarao Motors is an iconic Filipino company known for pioneering the design and manufacturing of the Philippine jeepney, a symbol of the country’s cultural and transportation heritage. Over the decades, Sarao has continuously evolved, providing durable and customizable jeepneys that cater to the needs of Filipino commuters. Today, Sarao Motors is at the forefront of innovation, driving sustainable solutions through the development of electric jeepneys while preserving the tradition and legacy of the iconic jeepney industry.

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 VivoPower’s management’s 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 VivoPower’s 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 VivoPower’s 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
Shareholder Enquiries
shareholders@vivopower.com

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
ShareTweet1ShareSendShare2
Previous Post

EnsembleIQ’s Hospitality Technology Announces Encora as Exclusive Sponsor of the 2024 Hotel Visionary Awards

Next Post

Multimedia Update — Microsoft and Rezolve AI Partner to Drive Global Retail Innovation with AI-Powered Commerce Solutions

Related Posts

ACTFORE Secures Patent for Template Identification and Matching Technology, Transforming Large-Scale Document Analysis in Breach Response

RESTON. Va., Jan. 30, 2026 (GLOBE NEWSWIRE) -- ACTFORE, a leading provider of AI-powered breach response and data mining solutions, today announced that the United States Patent and Trademark Office has issued a new patent for the company’s pioneering technology, Template Identification and Matching for Data Analysis in Large Sets...

Read moreDetails

Free Spins No Deposit Casino 2026 | Real Money Online Casino By Cafe Casino

New York City, NY, Jan. 30, 2026 (GLOBE NEWSWIRE) -- In 2026, competitive momentum across the U.S. digital gaming market continues to accelerate, driven by high-impact promotions that remove barriers to entry and emphasize player-first engagement.  >>>Know More About Free Spins No Deposit Bonus>>> At the center of this movement...

Read moreDetails

Chinese RISC-V Chipmaker SpacemiT Launches K3 AI CPU, Highlighting the Rise of Open-Source Hardware in Intelligent Computing

Hangzhou, China, Jan. 29, 2026 (GLOBE NEWSWIRE) -- As the global technology industry accelerates its shift toward open architectures and on-device artificial intelligence, Chinese RISC-V chip company SpacemiT announced the launch of its new K3 AI CPU on January 29. The company aims to combine the open RISC-V instruction set...

Read moreDetails

Together Forward Capital Management Inc. (TF) Outlines Collaboration Strategy in Annual Report; Plans to Advance Synergy with AgriTech Firms

Denver, Colorado, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Together Forward Capital Management Inc. (“TF”) recently released its latest annual report, which sets out a structured overview of the company’s collaboration strategy for the next phase. According to the report, TF plans to build on its existing global livestock-industry partnership network...

Read moreDetails

Bodor Laser Introduces the “Extreme Speed” Concept in Tube Processing, Launches the SK Series High-Speed Tube Laser Cutting Machine

JINAN, China, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Bodor Laser, a global manufacturer of laser cutting solutions, has announced the launch of its SK Series High-Speed Tube Laser Cutting Machine, alongside the introduction of its new “Extreme Speed” concept for tube processing. The concept focuses on improving overall manufacturing efficiency by...

Read moreDetails

authID and MajorKey Selected by Global Retailer to Deliver High-Assurance Identity Onboarding and Privileged Access Protection

  New customer win underscores authID’s leadership in workforce verification and stopping AI-driven hiring fraud across global enterprises  Denver, Jan. 29, 2026 (GLOBE NEWSWIRE) -- authID (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced that a global retailer of personal care products with more than...

Read moreDetails

Richtech Robotics Announces Closing of $38.7 Million Private Placement Priced At-The-Market Under Nasdaq Rules

LAS VEGAS, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR), (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, announced today the closing of its previously announced private placement for the purchase and sale of 8,500,000 shares of the Company’s Class B common stock...

Read moreDetails

Helix Alpha Systems Ltd Engineers Quantitative Research for Markets That Cannot Be Forecast

London, UK, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Much of quantitative finance has historically been built on the premise that markets can be forecast with increasing precision given sufficient data, computing power, and model complexity. In recent years, that premise has weakened. Structural breaks, regime overlap, liquidity fragmentation, and non-linear...

Read moreDetails

Helix Alpha Systems Ltd’s Brian Ferdinand Designs Quantitative Research to Fail Early—Not in Production

London, UK, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Helix Alpha Systems Ltd’s Brian Ferdinand Designs Quantitative Research to Fail Early—Not in Production London, UK Jan 29, 2026 (Pro) In an era where market instability has become structural rather than cyclical, quantitative research firms are facing a growing challenge: models that appear robust...

Read moreDetails

Helix Alpha Systems Ltd Builds Quantitative Research Systems for Markets Without a Stable Center

London, UK , Jan. 29, 2026 (GLOBE NEWSWIRE) -- For much of modern financial history, quantitative research has relied on the assumption that markets revert to identifiable norms. That assumption is becoming increasingly difficult to defend. Persistent regime shifts, fragmented liquidity, and changing participant behavior have reduced the reliability of...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Top Cross-Chain DeFi Solutions to Watch by 2025

    78 shares
    Share 31 Tweet 20
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    149 shares
    Share 60 Tweet 37
  • EdgeAI Launches Technical Whitepaper Detailing a Next-Generation Decentralized Data Architecture for Edge AI

    6 shares
    Share 2 Tweet 2
  • WISeKey to Unveil SEALCOIN Space-Based, Quantum-Resistant Crypto Transactions at Davos 2026

    6 shares
    Share 2 Tweet 2
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    76 shares
    Share 30 Tweet 19
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

There are currently no events.

Latest on Web3Wire

  • Advanced Metering Infrastructure Market to Grow Rapidly Driven by Smart Grid and Digital Utility Transformation
  • IO-Link Market to See Rapid Expansion Driven by Industry 4.0 and Smart Manufacturing Demands
  • Service Robotics Market to Reach USD 107.75 Billion by 2030, Growing at a 12.4% CAGR | Healthcare and Logistics Automation Drive Demand
  • Remotely Operated Vehicle Market to Witness Strong Growth Driven by Offshore Energy and Underwater Exploration
  • Mobility as a Service (MaaS) Market to Reach USD 750.1 Billion by 2032 – Says Stratview Research

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.