Envirotech Vehicles, Inc. provides zero-emission electric vehicles. The company also offers vehicle maintenance and inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities. The company was formerly known as ADOMANI, Inc. and changed its name to Envirotech Vehicles, Inc. in May 2021. Envirotech Vehicles, Inc. is based in Corona, California.
IPO Year:
Exchange: NASDAQ
Website: https://evtvusa.com
8-K - Envirotech Vehicles, Inc. (0001563568) (Filer)
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8-K - Envirotech Vehicles, Inc. (0001563568) (Filer)
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8-K - Envirotech Vehicles, Inc. (0001563568) (Filer)
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4 - Envirotech Vehicles, Inc. (0001563568) (Issuer)
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Strategic Capital Momentum Accelerates as AZIO AI Advances Proposed Business Combination with Envirotech Vehicles, Inc. (NASDAQ:EVTV) LOS ANGELES, Jan. 6, 2026 /PRNewswire/ -- AZIO AI, Inc. ("AZIO AI"), a next-generation artificial intelligence infrastructure and compute platform, today announced growing support from a group of new strategic investors, including large corporate participants across the AI data-center and supply-chain ecosystem, as the Company advances toward completion of its proposed merger and related equity transactions with Envirotech Vehicles, Inc. (NASDAQ:EVTV). The proposed business combination with Envirotech Vehicles, Inc. (EVTV) is expected to provide AZIO AI with a
DENVER, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Markets are waking up to a distinctly forward-looking tape, with investors parsing developments that point to shifts in Artificial Intelligence infrastructure, advanced sensing, defense-aligned energy systems, and deep-tech R&D platforms. Envirotech Vehicles (NASDAQ:EVTV): Strategic Pivot Toward AI Infrastructure Envirotech Vehicles is in focus after announcing an amended and restated Letter of Intent to acquire AZIO AI Corporation, a move that could dramatically reshape the company's long-term identity. The proposed all-equity transaction values AZIO AI at an assumed enterprise value of $480 million, using a $3.00 per share reference price for E
HOUSTON, Jan. 06, 2026 (GLOBE NEWSWIRE) -- via IBN -- Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("EVTV" or the "Company") today announced that it has entered into an Amended and Restated Letter of Intent ("LOI") with AZIO AI Corporation ("AZIO AI"), pursuant to which EVTV would acquire 100% of the issued and outstanding equity interests of AZIO AI through a merger transaction. The LOI reflects preliminary understandings only and does not create any obligation on behalf of either party with respect to the contemplated transaction, except with respect to customary exclusivity, no-shop, confidentiality and expense provisions. The contemplated transaction remains subject to the negotiation and
NEWPORT BEACH, Calif., Dec. 22, 2025 /PRNewswire/ -- AZIO AI Corporation ("AZIO AI") is providing additional context regarding its previously disclosed strategic discussions with Envirotech Vehicles, Inc. (NASDAQ:EVTV), following the recent publication of an independent valuation analysis indicating an enterprise value of approximately $480 million for AZIO AI. As previously announced, AZIO AI and Envirotech Vehicles entered into a non-binding letter of intent ("LOI") under which the parties are evaluating a potential strategic transaction in order to assist EVTV in transition
Transaction Framework Informed by Independent Third-Party Valuation of Approximately $480 Million LOS ANGELES, Dec. 18, 2025 /PRNewswire/ -- AZIO AI Corporation ("AZIO AI"), a rapidly scaling AI infrastructure company delivering high-performance compute, modular data-center solutions, and applied AI platforms for governments, institutions, and enterprises worldwide, today provided additional details regarding the previously announced letter of intent ("LOI") outlining a potential business combination with Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("EVTV"). The LOI outlines a tra
Independent valuation highlights accelerating revenue, expanding GPU compute scale, and strategic transaction momentum, including ongoing engagement with Envirotech Vehicles, Inc. (NASDAQ:EVTV) LOS ANGELES, Dec. 17, 2025 /PRNewswire/ -- AZIO AI Corporation ("AZIO" or the "Company"), a rapidly scaling artificial intelligence and high-performance computing infrastructure platform, today announced the completion of an independent valuation analysis, which indicates an enterprise valuation of approximately $480 million, validating AZIO AI's emergence as an institutional-scale AI infrastructure company. The valuation milestone comes as AZIO AI continues to advance strategic transaction activity,
HOUSTON and NEWPORT BEACH, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- via IBN -- Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("EVTV" or the "Company") today announced that it has entered into an exclusive strategic acquisition framework with AZIO AI Corporation (www.azioai.ai), a rapidly scaling AI infrastructure company delivering high-performance compute, modular data-center solutions, and applied AI platforms for governments, institutions, and enterprises worldwide. The framework outlines a proposed combination that would accelerate EVTV's evolution into a multi-vertical AI infrastructure platform, extending beyond mobility into AI compute layers that power real-world systems, including so
SIENA, Italy and HOUSTON, Texas, Nov. 06, 2025 (GLOBE NEWSWIRE) -- via IBN -- Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("EVTV" or the "Company"), a U.S. manufacturer of zero-emission commercial vehicles and industrial-grade drones, today announced the signing of a Letter of Intent ("LOI") with Studio di Agronomia Baffetti, a leading vineyard and olive grove consulting firm based in Siena, Italy. The collaboration would mark EVTV's first commercial drone market entry into Europe, with operational deployments expected across Tuscany beginning in Spring 2026. Under the LOI, Studio Baffetti would integrate EVTV's Heavy-Lift Agricultural Drones into vineyard and olive grove spraying operations
OSCEOLA, AR / ACCESSWIRE / December 10, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced an Envirotech logistics van is in use by New Jersey based Central Art & Engineering, Inc.Central Art & Engineering uses the Envirotech logistics van for the pick-up and delivery of jobs and raw materials. A custom plastics fabricator, the company is deeply committed to the quality and reliability of their customer service. Central Art & Engineering also gains from cost savings and environmental benefits delivered by the Envirotech electric van.Vice President of Central Arts & Engineering Eric Makkay commented: "I want electric vehicles for the business. We prefer to have clean electric. We
OSCEOLA, AR / ACCESSWIRE / December 10, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced Envirotech's support team for California and New Jersey electric vehicle applications. The company has assembled a working group of employees to assist customers submitting voucher applications for California Air Resources Board ("CARB") funding as well as for New Jersey Zero-Emission Incentive Program ("NJ ZIP") funding.Phil Oldridge, CEO of Envirotech, explained the company's action: "Envirotech has assembled a working team of employees to assist customers with their applications for CARB funding and NJ ZIP funding. By assisting customer with their applications, Envirotech continues to l
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OSCEOLA, AR / ACCESSWIRE / October 31, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced its acquisition of Maddox Industries, a distinguished provider of government contracting solutions based in Puerto Rico. This strategic partnership is set to enhance Envirotech's capabilities in U.S. manufacturing and logistics, delivering a multimillion-dollar revenue stream from government contracts over the next three years while creating U.S. based manufacturing jobs.Phil Oldridge, CEO of Envirotech, emphasized the immediate advantages the acquisition delivers to the technology company: "Maddox Industries will provide predictable and substantial revenue that will strengthen our financia
OSCEOLA, AR / ACCESWIRE / September 22, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), ("EVTV" or "the Company"), announced that after market close today, September 22, 2023, the Company filed its amended Form 10-Q for the period ended March 31, 2022, amended Form 10-Q for the period ended June 30, 2022, and amended Form 10-Q for the period ended September 30, 2022.The Company expects to file its Form 10-K for the period ended December 31, 2022 shortly thereafter.EVTV expects to file its Form 10-Q for the period ended March 31, 2023 and Form 10-Q for the period ended June 30, 2023 by October 16, 2023, upon completion of the review currently being conducted by the Company's independent regis
OSCEOLA, AR / ACCESSWIRE / November 14, 2022 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles (the "Company"), today announced its results for the third quarter and nine months ended September 30, 2022.Third Quarter 2022 Financial ResultsSales were $3,882,670 for the three months ended September 30, 2022, compared to $709,092 for the three months ended September 30, 2021. The sales increase was primarily related to the sale of 37 vehicles in the third quarter of 2022 compared to eight vehicles in the prior year period.Total net operating expenses for the three months ended September 30, 2022, were $1,738,397, compared to $1,381,574 f
OSCEOLA, AR / ACCESSWIRE / November 9, 2022 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles (the "Company"), will host a conference call on Tuesday, November 15, 2022 at 8:30 a.m. ET to discuss the Company's results for the third quarter and nine months ended September 30, 2022.To access the live webcast, please click on this link.To participate by phone, please dial 877-545-0523 approximately five minutes prior to the scheduled start time and request the Envirotech Vehicles call. International callers should dial 973-528-0016. Participants may also provide the access code, which is 815808.A replay of the teleconference will be avai
OSCEOLA, AR / ACCESSWIRE / August 15, 2022 / Envirotech Vehicles, Inc. ("Envirotech Vehicles" or the "Company") (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles, today announced its results for the second quarter and six months ended June 30, 2022.Second Quarter 2022 Financial ResultsSales were $2,087,700 for the three months ended June 30, 2022, compared to $188,266 for the three months ended June 30, 2021. The sales increase was primarily related to the sale of 21 vehicles in the second quarter of 2022 compared to two vehicles in the prior year period.Total operating expenses for the three months ended June 30, 2022, were $1,833,066, compared to $931,354 for
OSCEOLA, AR / August 11, 2022 / Envirotech Vehicles, Inc. (OTCQX:EVTV), a provider of new zero-emission, purpose-built electric vehicles, will host a conference call on Monday, August 15, 2022 at 5:00 p.m. ET to discuss the Company's results for the second quarter and six months ended June 30, 2022.To access the live webcast, please use the following link:https://www.webcaster4.com/Webcast/Page/2214/46384To participate in the call by phone, dial (844) 602-0380 approximately five minutes prior to the scheduled start time and request the Envirotech Vehicles call. International callers should dial (862) 298-0970.A replay of the teleconference will be available until Monday, August 29, 2022, and
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DENVER, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Markets are waking up to a distinctly forward-looking tape, with investors parsing developments that point to shifts in Artificial Intelligence infrastructure, advanced sensing, defense-aligned energy systems, and deep-tech R&D platforms. Envirotech Vehicles (NASDAQ:EVTV): Strategic Pivot Toward AI Infrastructure Envirotech Vehicles is in focus after announcing an amended and restated Letter of Intent to acquire AZIO AI Corporation, a move that could dramatically reshape the company's long-term identity. The proposed all-equity transaction values AZIO AI at an assumed enterprise value of $480 million, using a $3.00 per share reference price for E
OSCEOLA, AR / ACCESSWIRE / December 10, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced an Envirotech logistics van is in use by New Jersey based Central Art & Engineering, Inc.Central Art & Engineering uses the Envirotech logistics van for the pick-up and delivery of jobs and raw materials. A custom plastics fabricator, the company is deeply committed to the quality and reliability of their customer service. Central Art & Engineering also gains from cost savings and environmental benefits delivered by the Envirotech electric van.Vice President of Central Arts & Engineering Eric Makkay commented: "I want electric vehicles for the business. We prefer to have clean electric. We
OSCEOLA, AR / ACCESSWIRE / October 16, 2024 / Envirotech Vehicles (NASDAQ:EVTV), a leading innovator in the electric commercial vehicle industry, is proud to announce the addition of Jason Maddox and Elgin Tracy, high profile leaders with decades of experience building and running multi-billion dollar businesses, as President and Chief Operating Officer, respectively.Jason MaddoxJason Maddox will join the company as President of Envirotech Vehicles. Jason comes to EVTV from Maddox Defense, Inc. He delivers years of large company executive leadership as CEO of Maddox Defense, successfully building Maddox Defense to one of the major players in government contracting. Jason is an expert in lead
OSCEOLA, AR / ACCESSWIRE / August 29, 2024 / Envirotech Vehicles (NASDAQ:EVTV), a leading innovator in the electric commercial vehicle industry, is proud to announce the appointment of Brock Pierce, a renowned crypto entrepreneur, futurist, and philanthropist, to its Board of Directors. Brock's addition to the board marks a significant milestone for EVTV as the company accelerates its mission to revolutionize sustainable transportation, particularly in the delivery and postal service sectors.Brock Pierce is a name synonymous with innovation. With a storied career that spans technology, cryptocurrency, and venture capital, Brock has built a reputation as one of the most forward-thinking entre
OSCEOLA, AR / ACCESSWIRE / August 24, 2022 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles, today announced the appointment of Jay Raber as National Sales Manager.Mr. Raber has over 40 years of experience in sales and business development for both electric and gas vehicles, most recently as regional sales manager of Green Power Motor Company, a provider of purpose-built, battery electric vehicles for all sectors of the passenger transportation industry. Mr. Raber has also served as regional sales manager for Prevost, the leading North American manufacturer of premium passenger coaches and conversion coaches; as regional sales manage