Special Advisory: Tropical Battery Company Limited (TROPICAL)

January 31, 2025

 

Tropical Battery Company Limited (TROPICAL) has advised that its subsidiary, Tropical Mobility has announced the signing of a memorandum of understanding with Ellesco, led by hotelier, real estate developer and electric vehicle pioneer Lee Issa. The strategic partnership was formed between the two companies to drive the adoption of electric vehicles in key sectors across Jamaica.
TROPICAL has further advised that under the terms of the partnership, Tropical Mobility will establish a flagship showroom at Tropical Plaza in Half-Way-Tree to promote Tesla passenger vehicles and electric motorbikes from the combined portfolio of both companies. The two parties will join forces to commercialize electric kick scooters, bicycles, motorbikes and ATVs, as well as passenger vehicles for private motorists and corporate fleets, commercial vehicles and buses.

 

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