jeepney

Skyward Bound: HDEX brings eFrancisco Motors and LuftCar Together For Groundbreaking Partnership

A New Electric Vertical Take-off and Landing (eVTOL) Project Begins FOR IMMEDIATE RELEASE Camarines Norte, Philippines – January 28, 2024 HDEX is proud to announce that two partners, eFrancisco Motor Corporation and Luftcar have come together to develop a new Electric Vertical Take-off and Landing (eVTOL) project. The focal point of this groundbreaking collaboration is the development of the LUFT PINOY eVTOL powered by Hydrogen. Aron Dutta, Chairman of HDEX, stated, “HDEX was pleased to help facilitate this exciting partnership. What is happening in the Philippines will be the case

1,300 E-JEEPNEY ORDER COMMITMENTS IN THE PHILIPPINES FOR TEMBO FRANCISCO MOTORS JOINT VENTURE

Orders pursuant to Tembo’s previously announced joint venture with Francisco Motors Established in 1947, Francisco Motor Corporation is the original pioneering jeepney manufacturer Total addressable market to electrify 200,000 existing jeepneys estimated to be worth US$10bn+ Tembo E-LV, a subsidiary of the NASDAQ listed B Corp, VivoPower, announced today that, pursuant to its definitive joint venture agreement with Francisco Motor Corporation, it has been advised by Francisco Motors of a total of 1,300 order commitments received from several leading jeepney co-operatives in the Philippines, including Laguna, First Isabela, Progressive, and