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Envirotech Vehicles, Inc. reports developments around its shift from purpose-built electric vehicles into power-backed digital infrastructure. The company has historically focused on zero-emission commercial vehicles and related maintenance and inspection services, while recent updates center on revenue-generating compute sites, modular AI data center infrastructure, high-performance compute systems, ASIC deployments, immersion-cooled container platforms and behind-the-meter power capacity.
EVTV news also covers capital-structure disclosures, shareholder voting matters, operating updates and governance items tied to its public-company status as the company repositions its hardware and infrastructure strategy.
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Envirotech Vehicles, Inc. (OTCQX:EVTV) announced a brand partnership with OZ Trails, enhancing its marketing strategy for zero-emission electric vans in Northwest Arkansas. The collaboration allows Envirotech to utilize OZ Trails' logo for vehicle wraps on its fleet, aimed at increasing visibility and attracting potential customers. CEO Phillip Oldridge expressed enthusiasm for the partnership, citing OZ Trails' reputation in promoting local exploration. This initiative aligns with Envirotech's mission to provide sustainable transportation solutions and expand its market presence.
Envirotech Vehicles, Inc. (OTCQX:EVTV) announced a Factory Authorized Representative Agreement with Central States Bus Sales, Inc. This partnership enables Central States to promote, sell, and service Envirotech's electric vehicles. Under the agreement, Central States will purchase a minimum of one van and one Class 4 or Class 5 truck annually for customer demonstrations. The collaboration aims to expand Envirotech's network and leverage Central States' established industry presence, benefiting both companies in the growing market for zero-emission vehicles.
Envirotech Vehicles, Inc. (OTCQX:EVTV) has received a manufacturing license from the Arkansas Motor Vehicle Commission, making it the only licensed automotive manufacturer in Arkansas. The company recently acquired a 580,000 square foot facility in Osceola, which will handle the outfitting and shipment of imported vehicles while transitioning to full manufacturing operations. This development is expected to create over 800 jobs in Mississippi County. CEO Phillip Oldridge expressed excitement about this milestone, emphasizing the establishment of local manufacturing for electric trucks and vans.
Envirotech Vehicles, Inc. (EVTV) announced the delivery of ten Class 4 high-roof logistics vans to Kingbee Rentals, facilitated by the New Jersey Zero Emissions Incentive Program (NJ ZIP). This program offers financial support for businesses transitioning to zero-emission vehicles, providing up to $100,000 per purchase. Envirotech's CEO highlighted the company's commitment to aiding businesses in moving away from gas-powered vehicles towards environmentally friendly options. The NJ ZIP program aims to fund 100-300 vouchers, promoting green initiatives in affected communities.
Envirotech Vehicles, Inc. (OTCQX:EVTV) has launched a new fully electric right-side driving cargo van, specifically designed for delivery fleets. This innovative vehicle allows drivers to make deliveries without exiting the vehicle, enhancing safety and convenience. CEO Philip Oldridge emphasized the growing reliance on delivery services in the U.S. and expressed optimism about the market potential for this vehicle. Envirotech focuses on zero-emission vehicles aimed at reducing ownership costs and catering to the needs of commercial and last-mile fleets.
Envirotech Vehicles, Inc. (OTCQX:EVTV) announced attendance at the 34th Annual ROTH Conference from March 13-15, 2022, held in-person and virtually at the Ritz Carlton, Laguna Niguel, California. CEO Phillip Oldridge and Executive VP Susan Emry will be available for one-on-one meetings. The company focuses on zero-emission electric vehicles designed for commercial and last-mile fleets, addressing challenges like fuel price instability and environmental regulatory compliance. Interested investors can register for the conference through the provided link.
Envirotech Vehicles, Inc. (EVTV) announces the award of 18 vouchers totaling approximately $1.4M under the New Jersey Zero Emissions Incentive Program (NJ ZIP) for 13 Class 4 vans and 5 urban trucks. This brings the total vouchers granted to Envirotech customers to 31, valued at $2,651,250. The NJ ZIP program, funded by the Regional Greenhouse Gas Initiative, aims to support businesses transitioning to zero-emission fleets in the Newark and Camden areas. CEO Phillip Oldridge emphasized the program’s role in making electric vehicle adoption more financially viable.
Envirotech Vehicles, Inc. (OTCQX:EVTV) has selected Osceola, Arkansas, for its new manufacturing facility, acquiring a 580,000 square foot site. The investment exceeds $80 million over five years and is projected to create over 800 jobs. The facility will initially manage the final outfitting of imported vehicles while transitioning to full production. Phillip Oldridge, CEO, emphasized confidence in the local workforce and business climate. The facility aims to position EVTV as a leader in sustainable manufacturing, contributing to the growing demand for zero-emission vehicles.
Envirotech Vehicles, Inc. (OTCQX:EVTV) announced the opening of its first U.S.-based manufacturing facility in Arkansas, aiming to become the state's first commercial electric vehicle manufacturer. The operations are expected to commence in Q1 2022. CEO Phillip Oldridge emphasized the support from Arkansas and the advantages of the location, including a strong workforce and transportation access. The facility will cater to the growing demand for zero-emission vehicles tailored for various sectors, including last-mile fleets and educational institutions.