The LOI will establish the groundwork for a robust strategic partnership in the region, with Enter providing strategic consultancy, product-marketing, and distribution of Tual’s PowerBank Pro-Charging solutions in local markets, in preparation for Tual’s entry into the market.
“The Oceania region is demonstrating hugely encouraging growth in the transition to e-mobility, and is among the leading growth-markets for electric-vehicle adoption outside of Europe” said Philip Clarke, CEO and Founder of Tual. “By establishing the foundations for a collaboration with the fantastic team at Enter, we’re ideally positioning ourselves to seize the exciting opportunity to enable businesses in these markets to make the switch to electrically powered fleets. Fleet operators in Oceania, and in markets throughout the world, are in desperate need of intelligent, flexible and dependable charging solutions to optimise fleet uptime and build a robust business case for electrification – and that’s what we’re primed to deliver.”
Fleet-operator needs in the region are currently not served by electric light-commercial vehicle (eLCV) offerings on the market, with driving-range and vehicle-charging challenges creating a significant cost-burden on businesses.
With 40 percent of van use-cases exceeding real-world eLCV range, and 70 percent of van drivers unable to charge at home or depot, lost productivity from charging downtime can cost fleets up to $250,000 AUD per driver or vehicle over a 5-year period.
Developed from the ground-up for maximum flexibility, Tual’s highly modular powerbank solutions have been optimised to help enterprise fleets overcome grid and electric vehicle constraints. The company’s on-demand battery system is scalable across all OEMs and are fully compatible with vehicle manufacturers’ existing platforms – aiming at seamless installation facilitated by engineered integration kits.
“Enter is an advisory firm like few others, and our reason for being is to support our long-term partner in bringing technology to market that adds true value to the energy and electric vehicle transition” said Johan Karlsson, Managing Partner and Advisor at Enter. “Our expertise uniquely positions us to partner with Tual and their innovative solution portfolio to improve the experience and adoption of commercial EV fleets. We are excited about how this technology can open up EVs to new segments, save precious time and resources, and unlock new frontiers.”
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