VivoPower International (NASDAQ:VVPR) +32.2% in Tuesday's trading to its highest in three months after saying it signed a definitive partnership agreement to market and distribute Vital EV Solutions fleet charging technology globally.
U.K.-based Vital EV offers a range of electric vehicle charging solutions for fleet owners, and is the official re-seller of Kempower charging stations and service solutions in the U.K. and Africa.
Under the deal terms, VivoPower will be able to offer its customers and partners a wide range of EV fleet charging products and services from Vital EV and Kempower including multi-voltage lightweight movable rapid chargers, hub-and-spoke rapid and ultra-rapid charging systems, satellite dispensers as well as conventional station chargers.
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