EVOLUTION TRAFFIC MANAGEMENT GO ELECTRIC

Today, we are thrilled to announce that we have become the first traffic management company in Australia and NZ to commit to fully electrifying its fleet of light utility vehicles.

This will involve converting a number of our existing fleet of vehicles to electric and in future replacing the retiring fleet with new and fully electrified light utility vehicles. We expect to receive its first repowered utility vehicle in 2023.

We have secured a partnership with the global light utility vehicle electrification leader, Tembo (a subsidiary of NASDAQ listed VivoPower International PLC) in this regard. This partnership will see us target full electrification for up to 500 utes over the next 5 years.

This is an incredibly exciting development and is in keeping with our objective to deliver sustainable, cost-effective and environment-friendly solutions for our customers from both the private and public sectors across Australia and New Zealand.