Welcome to our dedicated page for Envirotech Vehicles news (Ticker: EVTV), a resource for investors and traders seeking the latest updates and insights on Envirotech Vehicles stock.
Envirotech Vehicles, Inc. (NASDAQ: EVTV) regularly issues news updates that highlight its role as a U.S. manufacturer of zero-emission commercial vehicles and heavy capacity drones, as well as its evolving strategy around advanced technology and AI infrastructure. Company press releases provide insight into operational milestones, strategic frameworks and corporate developments that are relevant to investors, partners and other stakeholders following EVTV.
Recent news has emphasized Envirotech Vehicles’ heavy capacity drone division, AG Drone Inc., including deposits for multiple heavy capacity drones from organizations in the United States and Italy. These announcements describe how EVTV’s aircraft are intended for logistics, infrastructure and precision agriculture applications, and outline progress toward aviation certifications with U.S. and European authorities. Updates also cover program milestones such as prototype validation, pre-production runs and manufacturing ramp plans.
Another key theme in Envirotech Vehicles’ news flow is its exclusive strategic acquisition framework and subsequent letters of intent with AZIO AI Corporation, an AI infrastructure company focused on high-performance compute and modular data-center solutions. Press releases describe a potential merger under which Envirotech Vehicles would acquire AZIO AI, subject to definitive agreements and approvals, and explain how this contemplated transaction could reposition EVTV’s long-term strategy toward AI infrastructure while maintaining its existing vehicle and drone platforms.
In addition, Envirotech Vehicles’ news items reference corporate actions and governance developments that complement its SEC filings, such as strategic partnerships, letters of intent with international counterparts and commentary from company leadership on market opportunities in precision agriculture and emerging AI economies. For readers tracking EVTV, this news page offers a centralized view of the company’s public announcements, from operational execution in drones and mobility to the progression of its proposed AI infrastructure combination.
Envirotech Vehicles (NASDAQ:EVTV) has unveiled America's first heavy-lift drone with a 1,500-pound payload capacity and dual-use capabilities for agricultural spraying and fire protection. The drone features a 100-gallon liquid delivery system and can operate for up to 45 minutes under full load.
The drone targets two significant markets: the $7B agricultural sector and the $5.7B wildfire suppression market. Additionally, EVTV is collaborating with U.S. government agencies and defense contractors to integrate the technology into advanced aerial defense systems, including next-generation "Iron Dome" applications.
The company will begin accepting pre-orders next week, with production scaling through 2026 and deliveries following thereafter.
Envirotech Vehicles (NASDAQ:EVTV), an electric commercial vehicles provider, has announced a 1-for-10 reverse stock split effective August 6, 2025, at 5:00 p.m. ET. The stock will begin trading on a split-adjusted basis on August 8, 2025, under the same ticker "EVTV".
The reverse split will reduce outstanding shares from 35.3 million to approximately 3.5 million. Stockholders will receive one new share for every ten shares held, with fractional shares rounded up to the nearest whole number. The split affects stock options, warrants, and equity incentive plans proportionally.
No action is required from stockholders holding shares electronically or in street name, as positions will be automatically adjusted.
Envirotech Vehicles (NASDAQ:EVTV) has delivered its fourth EVT Bumble Bee electric school bus in 15 days, with the latest unit going to Kopperl Independent School District in Texas. The deliveries are part of the EPA's $5 billion Clean School Bus Program, with $8.57 million awarded for 25 electric buses in Texas and Arkansas.
The EVT Bumble Bee features 150-mile range on a single charge, zero emissions, and fast-charging capability. The company expects continued growth in this segment and aims to access additional grant funding for expansion in 2026.
Envirotech Vehicles (NASDAQ:EVTV) has initiated full commercial-stage operations in its electric school bus vertical with the delivery of its first three EVT Bumble Bee electric school buses to independent school districts in Texas. The deliveries were made to Freer, Blanket, and Waelder school districts, funded through the EPA's Clean School Bus Program.
The company expects to deliver 25 total electric buses to school districts in Texas and Arkansas, supported by $8.57 million in EPA funding. The Bumble Bee electric buses feature a range of up to 150 miles, zero emissions, and zero noise pollution, offering significant benefits over conventional diesel buses including reduced maintenance costs and potential fuel savings.
Additional deliveries are expected in the coming days, weeks, and months. The company also highlighted the potential for future growth through possible new tranches of EPA funding under the Clean School Bus Program, which provides $5 billion over five years (FY 2022-2026) to replace existing school buses with zero-emission alternatives.
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 Vehicles (NASDAQ:EVTV) has signed a non-binding Letter of Intent to acquire Kymera, a marine craft manufacturer known for its appearances on ABC's Shark Tank. The acquisition, expected to close in Q2 2025, will establish Envirotech's new marine division focusing on recreational watercraft and military & tactical applications.
The division will be led by Kymera's co-founders Adam Majewski and Jason Woods, who bring over a decade of experience in electric propulsion systems. The acquisition aligns with Envirotech's vision to deliver zero-emission transportation across land, air, and sea. However, the deal remains subject to due diligence, definitive agreement negotiation, and board approvals.
Envirotech Vehicles (NASDAQ:EVTV) has launched its redesigned website www.evtvusa.com to showcase its commercial electric vehicle portfolio. The new website features detailed information about the company's electric vans, buses, and trucks, including technical specifications and benefits for potential customers.
According to President Jason Maddox, the website aims to help commercial customers easily find suitable electric vehicles for their business needs. The platform also serves as a centralized hub for investors, providing access to stock information, SEC filings, and company news. Future updates will include information about planned expansions into electric powered drones and watercraft.
Envirotech Vehicles (NASDAQ:EVTV) has delivered two high roof vans to a New Jersey small fleet operator under the New Jersey Zero Emission Incentive Program (NJ ZIP), generating $218,000 in revenue. This delivery is part of the company's projected NJ ZIP pipeline of $5,275,200.
Two additional vehicles are scheduled for delivery to the same operator by mid-March 2025. The NJ ZIP program, a $90 million voucher pilot launched by NJEDA, provides vouchers ranging from $20,000 to $175,000 for medium and heavy-duty zero-emission vehicles. The program aims to reduce emissions and stimulate the adoption of zero-emission vehicles in New Jersey.
It's important to note that business owners awarded vouchers are not obligated to purchase the vehicles listed in their applications and may cancel existing orders for Envirotech vehicles.