VivoPower International, a power infrastructure developer based in the United Kingdom, has announced a significant move towards merging with Canada's Future Automotive Solutions and Technologies (FAST). The proposed merger, valued at $1.13 billion, would bring the two companies together in creating a combined entity. The agreement outlines the valuation of VivoPower's equity at $556 million and FAST at $578 million. This non-binding agreement grants an exclusive 90-day window for both parties to finalize a definitive agreement. Following the announcement, VivoPower's shares experienced a 2.3% decline in early trading as a result of the merger deal with FAST, which notably focuses on converting conventional internal combustion engine vehicles to operate on hydrogen. One of the crucial requirements for the successful completion of this merger is the $904 million merger between VivoPower's subsidiary, Tembo E-LV, and blank check company Cactus Acquisition. Tembo E-LV specializes in producing electric-battery and off-road vehicles tailored for industries such as mining, utilities, infrastructure, government services, and humanitarian aid. This strategic move not only represents a significant financial transaction but also indicates a shift towards environmentally sustainable solutions in the automotive sector. The proposed merger aligns with the growing trend of transitioning towards cleaner energy sources and technologies within the transportation industry. As VivoPower and FAST progress towards finalizing the definitive agreement within the specified timeframe, the future outlook for the combined company and its operations in the electric and hydrogen vehicle market appears promising.