Pioneer Power Solutions Signs MOU with Savvy Charging for e-Boost Pilot in UAE

Reuters12-02

<a href="https://laohu8.com/S/PBFS">Pioneer</a> Power Solutions Signs MOU with Savvy Charging for e-Boost Pilot in UAE

Pioneer Power Solutions Inc. announced that its e-Boost business unit, Pioneer eMobility, has signed a Memorandum of Understanding with Savvy Charging Technologies, Ltd, an EV charging operator in the United Arab Emirates. The agreement launches e-Boost's international franchise model in the UAE. As part of the initial phase, Pioneer will deliver a paid pilot unit, the e-Boost G.O.A.T., a mobile charging system integrated with a Ford F-350 chassis, to Savvy Charging in the first quarter of 2026. Savvy Charging will conduct compliance testing and demonstrations for fleet operators, and begin securing orders for additional e-Boost units, which are expected to be manufactured locally under a technology transfer agreement. Recurring franchise revenue for Pioneer is anticipated to begin in 2026, with additional revenue from locally manufactured units expected in 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pioneer Power Solutions Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251202093334) on December 02, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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