STOCK TITAN

Envirotech Vehicles Receives Purchase Order for Prisoner Transport Van from Cobb County Georgia

Envirotech Vehicles, Inc. (NASDAQ:EVTV) announced the deployment of the first all-electric prisoner transport van in the U.S. in partnership with Cobb County in Atlanta.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Tags

Rhea-AI Summary

Envirotech Vehicles, Inc. (NASDAQ:EVTV) announced the deployment of the first all-electric prisoner transport van in the U.S. in partnership with Cobb County in Atlanta. This 2022 model can travel approximately 200 miles on a full charge. CEO Phillip Oldridge expressed excitement about expanding their lineup of zero-emission vehicles, anticipating further adoption in the corrections sector. Cobb County Fleet Director Al Curtis highlighted the partnership's environmental benefits and cost savings. This move aligns with growing government initiatives to electrify fleet vehicles.

Loading...
Loading translation...

Positive

  • First all-electric prisoner transport van deployment in the U.S.
  • Collaboration with Cobb County showcases government interest in EV adoption.
  • Vehicle can travel approximately 200 miles per charge, enhancing operational efficiency.
  • Demonstrates versatility of Envirotech's logistics van.

Negative

  • None.
Argus Session date unavailable
+3.66% session move Open Argus
Details

News Market Reaction – EVTV

The recorded move for EVTV in the trading session of this news was +3.66%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

OSCEOLA, AR / ACCESSWIRE / October 27, 2022 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles (the "Company"), today announced what it believes is the first deployment of an all-electric prisoner transport van in the United States via a partnership in the greater Atlanta, Georgia metropolitan area with Cobb County Fleet Management and the Cobb County Sheriff's Office.

The Company's 2022 model-year logistics van, which has been upfitted for prisoner transport, can travel approximately 200 miles on a full battery charge.

Phillip Oldridge, CEO of Envirotech Vehicles, commented, "We are excited to showcase yet another use for our expanding line-up of clean, zero-emission commercial fleet vehicles, and importantly, the versatility of our logistics van. We believe this vehicle will be the first of many to be deployed in the corrections industry, as government agencies seek to electrify all types of fleet vehicles."

Al Curtis, Fleet Director for Cobb County Fleet Management, stated, "Cobb County's Sheriff's Office is committed to being good stewards of our citizens and our environment. We constantly strive to reduce operating cost, reduce cost per mile and the County's carbon footprint. Envirotech has been the perfect partner and has been extremely accommodating to assist us in meeting the County's needs."

About Envirotech Vehicles
Envirotech Vehicles, Inc. is a provider of purpose-built zero-emission electric vehicles focused on reducing the total cost of vehicle ownership and helping fleet operators unlock the benefits of green technology. We serve commercial and last-mile fleets, school districts, public and private transportation service companies and colleges and universities to meet the increasing demand for heavy-duty electric vehicles. Our vehicles address the challenges of traditional fuel price cost instability and local, state and federal environmental regulatory compliance. For more information visit www.evtvusa.com.

Cautionary Statement Regarding Forward-Looking Statements
Statements made in this press release that relate to future plans, events, financial results, prospects or performance are forward-looking statements. While they are based on the current expectations 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, including the risks and uncertainties disclosed in reports filed by Envirotech Vehicles, Inc. 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 "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 Vehicles undertakes no obligation to update or revise any forward-looking statements to reflect new information, changed circumstances or unanticipated events.

Contact Information
Investor Relations Contacts:
ICR, Inc.
New York, NY
Telephone: (646) 200-8873
Email: envirotech@icrinc.com

Envirotech Vehicles
Susan Emry, Executive Vice President
Telephone: (870) 970-3355 ext. 1001
Email: sue.e@evtvusa.com

Press Inquiries
Stephen Murdoch, VP PR
Telephone: (289) 241-3997
Email: smurdoch@enterprisecanada.com

Arkansas Press Inquiries
Kristen Nicholson, APR
Telephone: (501) 350-3658
Email: knicholson@mhpteamsi.com

SOURCE: Envirotech Vehicles, Inc



View source version on accesswire.com:
https://www.accesswire.com/722574/Envirotech-Vehicles-Receives-Purchase-Order-for-Prisoner-Transport-Van-from-Cobb-County-Georgia

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Envirotech Vehicles' recent announcement regarding EVs?

Envirotech Vehicles announced the deployment of the first all-electric prisoner transport van in the U.S. in partnership with Cobb County.

How far can the new electric prisoner transport van travel?

The all-electric prisoner transport van can travel approximately 200 miles on a full battery charge.

What is the stock symbol for Envirotech Vehicles?

The stock symbol for Envirotech Vehicles is EVTV.

When was the all-electric van announced?

The all-electric van announcement occurred on October 27, 2022.

How is Cobb County involved with Envirotech Vehicles?

Cobb County Fleet Management partnered with Envirotech Vehicles for the deployment of the electric prisoner transport van.

Keep reading