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New High Of Day: (VVPR) Hits The Breakout Button And Surges Up Approx. 20% (Breaking News)

January 11th

Greetings Readers,

Time is of the essence to bring VVPR into focus this morning. Let me unveil the compelling reasons behind it...

Experiencing an impressive surge that has now put it up approximately 20% while hitting a new high of day of $2.47+, VVPR appears to be on the cusp of a breakout moment.

A good reason for this? Today's huge news. Check it out here.

Now, should a breakout unfold, the acceleration might be swift, considering the intel from Yahoo Finance citing a float of 1.32Mn shares for VVPR.

Positioned above crucial technical indicators, VVPR seems to be garnering substantial support at these key levels:

• 20-Day Simple Moving Average (SMA)
• 50-Day SMA
• 5-Day Exponential Moving Average (EMA)
• 13-Day EMA

With a 200-Day SMA way off in the distance, there could be little resistance to hold VVPR back from reaching out to previous highs.

Don't hesitate—act promptly to bring VVPR into the limelight immediately.

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*VivoPower International PLC (VVPR)*

VivoPower is an award-earning global sustainable energy solutions B Corporation company focused on electric solutions for off-road and on-road customized and ruggedized fleet applications, battery and microgrids, solar and critical power technology and services.

And right now, it has 4 key potential breakout catalysts to familiarize yourself with. Check them out:

#1. VVPR Is A Tiny Float Profile Which Means Volatility Needs To Be On High Alert.

#2. VVPR's CEO Is Adding To His Share Holding.

#3. VVPR's Subsidiary Takes Home Electric Vehicle Innovation Of The Year Award.

#4. VVPR Signs Definitive Joint Venture Agreement With Digital Twin Tech Company, Geminum.

But more on those in a second...

See, this Company’s core purpose is to provide its customers with turnkey decarbonization solutions that enable them to move toward net-zero carbon status.

VivoPower has operations and personnel in Australia, Canada, the Netherlands, the United Kingdom, the United States, the Philippines, and the United Arab Emirates.

Through their subsidiary companies, like Tembo, VivoPower provides a comprehensive suite of sustainable energy solutions (SES).

Tembo is a Netherlands-based, specialist battery-electric and off-road vehicle company that designs and builds ruggedized electric utility vehicle (EUV) solutions for customers across the globe in the mining, infrastructure, utilities, government services, public transport, game safari and humanitarian aid sectors

Full Year 2023 Review:

• First version of EUV23 platform available since December (material upgrade on previous generation 28 kWh battery platform) and tested extensively
• Distribution partner network expanded with 10,000+ additional kits in the commitment and order book pipeline, reaching 15,000+ in full year period
• Entry into second hand vehicles (ETC in Kenya) and on-road (Evolution in Australia and New Zealand) segments expands addressable market considerably
• Talent pool still increasing with experts in their fields recruited: Eduardo Nebot in Advisory Council, Choon Lim as Senior Engineering Director
• MOU with Al Taif spanning distribution of conversion kits, R&D, training in electric mobility and high voltage, local assembly in UAE

Full Year 2024 Outlook

• Landmark agreement with Francisco Motors on Jeepneys electrification in the Philippines (with Francisco Motors having a pipeline of 37,000 jeepneys)
• Full production release of the EUV23 vehicle kits slated for late CY2023 with new orders delivered to partners/customers
• Ramp-up in production of EUV23 kits and Tembo Academy rollout
  

But, Why Is All Of This Important?

Simple. Check this out:

The global automotive retrofit electric vehicle powertrain market is on the cusp of experiencing substantial expansion in the foreseeable future.

As the automotive sector undergoes a revolutionary transformation toward sustainable transportation solutions, the practice of retrofitting existing vehicles with electric powertrains is gaining momentum as a pragmatic and economically viable alternative.

This burgeoning market is propelled by a confluence of influential factors such as the escalating costs of conventional fuels, increasingly stringent emissions regulations, and a growing consumer inclination towards affordable electric mobility solutions.

This confluence of factors is poised to exert a profound influence on the automotive landscape, ushering in an era where retrofitting electric powertrains becomes a mainstream approach for achieving eco-friendly and cost-effective transportation.

The trajectory of this market is indicative of a paradigm shift in the way vehicles are powered and aligned with the global commitment to sustainable and environmentally conscious modes of transportation.

And it's also why you need to look into what VVPR is up to right now: Company Website. Company Presentation.

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But back to the juicy, must pressing stuff...

#1. VVPR Is A Tiny Float Profile Which Means Volatility Needs To Be On High Alert.

The sentence above spells it out. VVPR has an extremely low float.

With roughly 1.32Mn shares in its float, according to Yahoo Finance, VVPR has one of the smaller floats of all the profiles we've announced to date.

But what does a low float mean?

It means that the potential for volatility needs to be on watch at all times.

With so few shares available for trading, a profile with a low float can move explosively when it has another potential catalyst backing it, like company news (whether good or bad).

Could early in 2024 be VVPR's time to drop an earth-shattering announcement?

Only time will tell, but it's been less than a month since this huge news...

#2. VVPR's CEO Is Adding To His Share Holding.

Back in December, news slipped that VVPR's CEO, Kevin Chin, was adding approx. 125k shares to his current holding.

With a move like this, a ton of buzz can be drawn to a company as it could be a signal that a CEO is high on their company's future.

Could he increase his shares again in 2024?

#3. VVPR's Subsidiary Takes Home Electric Vehicle Innovation Of The Year Award.

Tembo E-LV BV, a subsidiary of VivoPower International PLC, has received the Electric Vehicle Innovation of the Year Award at the Tech Innovation Awards 2023 in Dubai.

The event, hosted by Entrepreneur Middle East, celebrates technological innovations in the Middle East and North Africa region.

This recognition follows Tembo's recent landmark joint venture to electrify jeepneys in the Philippines, providing access to a market estimated at over $10Bn.

The initiative aims to electrify 40Mn daily passenger trips and support 600k driver livelihoods.

The award underscores VivoPower and Tembo's dedication to sustainable energy solutions in the United Arab Emirates, the GCC, and African regions.

#4. VVPR Signs Definitive Joint Venture Agreement With Digital Twin Tech Company, Geminum.

VivoPower International PLC has entered into a Joint Venture Agreement with Geminum Pty Ltd to jointly develop comprehensive fleet electrification and decarbonization solutions.

Geminum, an Australian digital twin technology company with 20 years of combined leadership experience in digital twin solutions and change management, specializes in facilitating safe, cost-effective, and integrated decarbonization for corporations.

The collaboration aims to design, test, and implement digital twins of Tembo electric utility vehicles and ancillary VivoPower sustainable energy solutions (VivoSES).

These digital twins will allow corporations involved in decarbonization programs to optimize total cost of ownership and gather near real-time analytics and carbon abatement data.

Geminum's expertise in the mining industry will further assist Tembo in tailoring solutions for remote owner operators.

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VVPR Recap - The Key Potential Catalysts To Watch For Now

#1. VVPR Is A Tiny Float Profile Which Means Volatility Needs To Be On High Alert.

#2. VVPR's CEO Is Adding To His Share Holding.

#3. VVPR's Subsidiary Takes Home Electric Vehicle Innovation Of The Year Award.

#4. VVPR Signs Definitive Joint Venture Agreement With Digital Twin Tech Company, Geminum.

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Coverage is officially initiated on VivoPower International PLC (VVPR).

When updates pop up moving forward, I'll get them out to you quickly. Talk again soon.

Sincerely,

Kai Parker

StockWireNews

(Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)