Envirotech (EVTV) Announces Vision for Multi-modal Electric Mobility Ecosystem
Envirotech (NASDAQ:EVTV) unveiled its strategic vision for an integrated electric mobility ecosystem spanning land, air, and sea transportation. The company aims to expand beyond its current electric vehicle portfolio into high-growth markets including agricultural drones (projected $1.76B U.S. market by 2030), commercial drone services (projected $58.4B global market by 2030), and electric watercraft (projected $1.28B U.S. market by 2032).
The company plans to generate new revenue streams in 2025 through potential opportunities with the Department of Defense, FEMA, and USDA, while pursuing strategic acquisitions to accelerate market entry. Envirotech will maintain its core revenue from electric buses, vans, and trucks while expanding into these new sectors.
Envirotech (NASDAQ:EVTV) ha presentato la sua visione strategica per un ecosistema integrato di mobilità elettrica che copre trasporti terrestri, aerei e marittimi. L'azienda punta a espandersi oltre il suo attuale portafoglio di veicoli elettrici verso mercati ad alta crescita, tra cui droni agricoli (mercato statunitense previsto a 1,76 miliardi di dollari entro il 2030), servizi commerciali con droni (mercato globale stimato a 58,4 miliardi di dollari entro il 2030) e imbarcazioni elettriche (mercato statunitense previsto a 1,28 miliardi di dollari entro il 2032).
L'azienda prevede di generare nuove fonti di ricavo nel 2025 attraverso potenziali collaborazioni con il Dipartimento della Difesa, FEMA e USDA, perseguendo al contempo acquisizioni strategiche per accelerare l'ingresso nel mercato. Envirotech manterrà il suo core business basato su autobus, furgoni e camion elettrici, espandendosi però in questi nuovi settori.
Envirotech (NASDAQ:EVTV) presentó su visión estratégica para un ecosistema integrado de movilidad eléctrica que abarca transporte terrestre, aéreo y marítimo. La compañía busca expandirse más allá de su actual portafolio de vehículos eléctricos hacia mercados de alto crecimiento, incluyendo drones agrícolas (mercado estadounidense proyectado en 1.76 mil millones de dólares para 2030), servicios comerciales con drones (mercado global proyectado en 58.4 mil millones de dólares para 2030) y embarcaciones eléctricas (mercado estadounidense proyectado en 1.28 mil millones de dólares para 2032).
La empresa planea generar nuevas fuentes de ingresos en 2025 mediante posibles oportunidades con el Departamento de Defensa, FEMA y USDA, mientras persigue adquisiciones estratégicas para acelerar su entrada en el mercado. Envirotech mantendrá sus ingresos principales provenientes de autobuses, furgonetas y camiones eléctricos, ampliándose hacia estos nuevos sectores.
Envirotech (NASDAQ:EVTV)는 육상, 항공, 해상 교통을 아우르는 통합 전기 모빌리티 생태계에 대한 전략적 비전을 발표했습니다. 회사는 현재의 전기차 포트폴리오를 넘어 농업용 드론(2030년까지 미국 시장 규모 17억 6천만 달러 예상), 상업용 드론 서비스(2030년까지 전 세계 시장 규모 584억 달러 예상), 전기 수상 보트(2032년까지 미국 시장 규모 12억 8천만 달러 예상) 등 고성장 시장으로 확장할 계획입니다.
회사는 2025년까지 국방부, FEMA, USDA와의 잠재적 기회를 통해 새로운 수익원 창출을 계획하고 있으며, 시장 진입 가속화를 위해 전략적 인수도 추진할 예정입니다. Envirotech는 전기 버스, 밴, 트럭에서의 핵심 수익을 유지하면서도 이러한 새로운 분야로 사업을 확장할 것입니다.
Envirotech (NASDAQ:EVTV) a dévoilé sa vision stratégique pour un écosystème intégré de mobilité électrique couvrant les transports terrestres, aériens et maritimes. L'entreprise vise à s'étendre au-delà de son portefeuille actuel de véhicules électriques vers des marchés à forte croissance tels que les drones agricoles (marché américain estimé à 1,76 milliard de dollars d'ici 2030), les services commerciaux de drones (marché mondial estimé à 58,4 milliards de dollars d'ici 2030) et les bateaux électriques (marché américain estimé à 1,28 milliard de dollars d'ici 2032).
L'entreprise prévoit de générer de nouvelles sources de revenus en 2025 grâce à des opportunités potentielles avec le Département de la Défense, la FEMA et l'USDA, tout en poursuivant des acquisitions stratégiques pour accélérer son entrée sur le marché. Envirotech conservera ses revenus principaux provenant des bus, fourgons et camions électriques tout en s'étendant à ces nouveaux secteurs.
Envirotech (NASDAQ:EVTV) stellte seine strategische Vision für ein integriertes elektrisches Mobilitätsökosystem vor, das Land-, Luft- und Wassertransport umfasst. Das Unternehmen plant, über sein aktuelles Portfolio an Elektrofahrzeugen hinaus in wachstumsstarke Märkte wie landwirtschaftliche Drohnen (prognostizierter US-Markt von 1,76 Mrd. USD bis 2030), kommerziellen Drohnendiensten (prognostizierter globaler Markt von 58,4 Mrd. USD bis 2030) und elektrische Wasserfahrzeuge (prognostizierter US-Markt von 1,28 Mrd. USD bis 2032) zu expandieren.
Das Unternehmen plant, ab 2025 neue Einnahmequellen durch potenzielle Kooperationen mit dem Verteidigungsministerium, FEMA und USDA zu erschließen und verfolgt strategische Übernahmen, um den Markteintritt zu beschleunigen. Envirotech wird seine Kernumsätze aus elektrischen Bussen, Vans und Lastwagen beibehalten und gleichzeitig in diese neuen Bereiche expandieren.
- Expansion into multiple high-growth markets with billion-dollar potential
- Potential new revenue streams from government contracts (DoD, FEMA, USDA)
- Strategic acquisitions pipeline to accelerate market entry
- Diversification beyond core EV business into drones and watercraft
- No concrete timeline or specifics for market entry strategy
- Current revenue figures and financial metrics not disclosed
- Execution risks in entering multiple new markets simultaneously
HOUSTON, TEXAS / ACCESS Newswire / June 24, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech") today announced its bold vision to lead the future of electric mobility by integrating sustainable, American-assembled solutions across land, air, and sea, tapping into multiple multi-billion-dollar end markets.
As global demand for alternatives to carbon-heavy infrastructure continues to accelerate, Envirotech believes that it is well-positioned to deliver a unified ecosystem, driving clean-energy solutions in agriculture, logistics, infrastructure, and marine applications.
"Envirotech is building more than vehicles-we're creating a connected ecosystem that powers sustainable mobility across land, air, and sea," remarked Jason Maddox, President and Interim Chief Financial Officer of Envirotech. "We believe that our unified approach positions us to meet the growing demand for clean, American-made solutions while delivering long-term value to shareholders and communities."
Key Market Opportunities. Envirotech's ecosystem targets high-growth sectors, including:
Agricultural Drones: A U.S. market projected to reach
$1.76 billion by 2030, driven by precision farming and automation.Commercial & Industrial Drone Services: A global market projected to reach
$58.4 billion market by 2030, encompassing infrastructure inspection, surveillance, logistics, and delivery.Electric Watercraft: A U.S. market projected to exceed
$1.28 billion by 2032, including personal and light commercial vessels with electric jet propulsion.
Growth Drivers and Strategic Initiatives. Envirotech's integrated platform is designed to maximize efficiency and scalability, with key developments including:
New revenue streams expected for 2025 that complement its core portfolio of electric buses, vans, and trucks, including potential opportunities with Department of Defense, Federal Emergency Management Agency, and United States Department of Agriculture.
A pipeline of strategic acquisitions under review to accelerate market entry.
Next Steps and Engagement. Envirotech will continue generating core revenue from its commercial EV portfolio-including electric buses, vans, and trucks, while projecting additional topline growth beginning in 2025 expected to result from strategic acquisitions.
Maddox continued, "Look forward to additional updates-including tangible details on product launches and commercial-stage operations- as we gear up to execute on our unique market positioning in the back half of the year."
Business owners, investors, and potential partners are invited to explore Envirotech's offerings at https://evtvusa.com/contact-evtv/.
ABOUT ENVIROTECH
Envirotech Vehicles, Inc. (NASDAQ:EVTV) is a technology company dedicated to revolutionizing the electric vehicle landscape by designing and manufacturing electric commercial vehicles that offer sustainable, efficient, and cost-effective transportation solutions. Committed to driving the future of mobility, Envirotech is pushing the boundaries of innovation and sustainability.
For more information, visit www.evtvusa.com.
Cautionary Statement Regarding Forward-Looking Statements. Statements in this press release about future plans, events, financial results, or performance are forward-looking and include, but are not limited to, statements regarding Envirotech's business plans and strategy, potential strategic acquisitions, new revenue streams, projections of revenue and market opportunity, and expectations regarding its growth and advantages. While they are based on the current expectations and assumptions and beliefs of management, such forward-looking statements are subject to a number of risks, uncertainties, assumptions, and other factors that could cause actual results to differ materially from the expectations expressed in this press release. Important factors that could cause actual results to differ materially from current expectations include, among others, Envirotech's ability to successfully execute on its business plans, competition within the targeted markets, the timing, cost and expected impact of strategic acquisitions, risks relating to operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing markets, Envirotech's ability to achieve expected synergies from its potential acquisitions, the availability of sources of capital to enable Envirotech to service its indebtedness and make anticipated investments, and the other risks and uncertainties disclosed in reports filed by Envirotech with the Securities and Exchange Commission, all of which are available online at www.sec.gov. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "will," "estimated," "planned," "expected," "believes," "strategy," "opportunity," "anticipated," "outlook," "designed," and similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except as required by law, Envirotech undertakes no obligation to update or revise any forward-looking statements to reflect new information, changed circumstances, or unanticipated events.
Contact
Merrick Alpert, Chief Communications Officer
Telephone: (870) 970-3355
Email: merrick@evtvusa.com
SOURCE: Envirotech Vehicles, Inc.
View the original press release on ACCESS Newswire
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