VivoPower’s five-year Toyota exclusive deal

Published on 24 June 2021

Corporate decarbonisation business VivoPower International has announced an exclusive manufacturing collaboration with Toyota, the world’s largest car maker.

Toyota Australia intends to integrate VivoPower’s batteries, electric vehicles (EVs) and wiring to electrify its iconic Land Cruisers – turning chassis originally destined to be diesels into emission-friendly EVs.

In an update note issued after the announcement, Edison analyst David Larkam declared the five-year deal ‘a major milestone’, supporting revenues and reducing risk as VivoPower prepares to hyperscale.

For more detail, read Toyota agreement a major milestone

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