Envirotech Vehicles Inc

Envirotech Vehicles is a provider and manufacturer of purpose-built, all-electric, zero-emission vehicles and zero-emission drive trains for integration in medium to heavy-duty commercial fleet vehicles. The company serves commercial and last-mile delivery fleets, school districts, public and private transportation service companies, colleges, and universities and meet the increasing demand for heavy-duty electric vehicles. The company was founded by Edward Riggs Monfort on August 6, 2012 and is headquartered in Osceloa, AR.

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Envirotech Vehicles engages in the provision of purpose-built zero-emission electric vehicles. It offers electric Class 4 logistics, cutaway, right-hand drive vans, and urban trucks. The company was founded by Edward Riggs Monfort on August 6, 2012 and is headquartered in Osceloa, AR.

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.

Envirotech (NASDAQ: EVTV) Acquires Maddox Industries to Propel U.S. Manufacturing and Electric Vehicle Initiatives

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 Maddox Jason Maddox will join the company as President of Envirotech Vehicles.

EVTV Envirotech Adds Proven Leaders Jason Maddox and Elgin Tracy

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.

EVTV Envirotech Welcomes Visionary Entrepreneur Brock Pierce to Board of Directors

OSCEOLA, AR / ACCESSWIRE / August 27, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a trailblazer in zero-emission, purpose-built electric vehicles, is thrilled to unveil a game-changing financial boost that positions the company for explosive growth. The company has secured a transformative $10 million Purchase Order (PO) financing line from GOBA Capital Inc. ("GOBA"), marking a significant milestone in its mission to revolutionize the electric vehicle (EV) market.

Envirotech Vehicles Set for Major Expansion with $10 Million Financing Boost and $100 Million Commitment

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Global electric car sales June 2024 up 15% YoY to 22% share. China sales up 23% to 49.9% share. Europe down 5% to 22% share. USA down 3.8% to 9.10%. EV market news - EU puts tariffs on China EVs. China doubles cash subsidies to replace ICE cars. U.S. EV sales reach new record in Q2 2024, up 11.3% YoY. EV company news - Tesla delays robotaxi event to October. JPMorgan hikes BYD's PT by more than 80% on outlook (to HKD 475). Volvo June electric car sales up 41%.

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Global electric car sales in May 2024 are up 23% YoY to 20% share. China sales up 33% to 47% share. Europe is down 10% to 21% share. The USA is up 3.2% to 8.74%. EV market news - EVs pass a key measure of 'Price Parity' in the US. EU to slap tariffs of up to 48% on EV imports from China. EV company news - BYD is in final talks for a Mexico factory. Musk lays out his Tesla targets for Robotaxis & Optimus humanoid robots (~$30T combined).

EV Company News For The Month Of June 2024

OSCEOLA, AR / ACCESSWIRE / June 12, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles (the "Company"), is pleased to announce the addition of seven new employees to its team. This strategic hiring move is aimed at meeting the demand for EVT's cutting-edge electric vehicles and ensuring timely delivery of orders.

Envirotech Vehicles Ramps Up Production Team

OSCEOLA, AR / ACCESSWIRE / May 20, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of purpose-built zero-emission electric vehicles (the "Company" or "Envirotech Vehicles"), today announced its results for the three months ended March 31, 2024. First Quarter 2024 Financial Results Sales were $810,490 for the three months ended March 31, 2024, compared to $523,199 for the three months ended March 31, 2023.

Envirotech Vehicles Announces First Quarter 2024 Financial Results

OSCEOLA, AR / ACCESSWIRE / March 28, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles ("EVTV" or the "Company"), today announced that the Company will deliver a total of 6 electric vehicles and 1 forklift to PlugD Commercial Electric Leasing and Rentals Inc. ("PlugD"), a Texas-based commercial electric vehicle leasing company by Friday, March 29, 2024 as part of a previously announced sales and purchase agreement. EVTV will receive the funding before March 29, 2024, net of a deposit of $200,000 received previously for future deliveries in conjunction with this agreement.

Envirotech Vehicles Announces Delivery of Electric Vehicles and Forklift to PlugD

OSCEOLA, AR / ACCESSWIRE / March 20, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles (the "Company"), today announced that the Company entered into a Sale and Purchase Agreement (the "Agreement") with PlugD Commercial Electric Leasing and Rentals Inc. ("PlugD"), a Texas-based commercial electric vehicle leasing company. Under the terms of the Agreement, EVTV will deliver 200 electric high roof vans and trucks to PlugD for a total of approximately $16.2 million.

Envirotech Vehicles Announces Sales & Purchase Agreement

OSCEOLA, AR / ACCESSWIRE / March 12, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles (the "Company"), today announced that the Company currently has 43 vehicles on order from 19 customers with binding purchase orders and with funding approved by New Jersey's Zero Emission Incentive Program ("NJ ZIP") As noted above, these orders represent approximately $4.3 million in revenue, and are anticipated to be delivered in 2024. Philip Oldridge, Chief Executive Officer of Envirotech Vehicles, commented, "We are pleased to provide this update to our investors and customers to demonstrate that we have been hard at work to attract additional customers through NJ ZIP.

Envirotech Vehicles Announces an Update on $4.3 million Revenue Backlog Related to NJ ZIP Program

OSCEOLA, AR / ACCESSWIRE / January 25, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), ("EVTV" or "the Company"), announced today that the United States Environmental Protection Agency (EPA) has awarded EVTV $8.57 million for the provision of 25 of its Bumble Bee fully electric school buses. The awards are on behalf of eight school districts across Arkansas and Texas for which the Company acted as grant-writer during the competitive 2023 Clean School Bus (CSB) Grant Program application process.

Envirotech Vehicles Announces EPA Clean School Bus Grant Program Award of $8.57 Million for 25 of its Fully Electric School Buses

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Global electric car sales Nov. 2023 up 31%YoY to 19% share. China sales up 39% to 42% share. Europe down 2% to 26% share. USA up 30.6% to 9.23% share. EV market news - Electric vehicle sales in US to hit record in 2023. U.S proposes Foreign Entity Of Concern ("FEOC") rules. Canada to ban ICE cars/trucks by 2035. EV company news - BYD Co hits target selling 3.01m units in 2023. Tesla expanding Giga Shanghai ready for $25,000 Model 2, confirms over 2m Cybertruck pre-orders, hits 1.8m target.

EV Company News For The Month Of December 2023

OSCEOLA, AR / ACCESSWIRE / December 12, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), ("EVTV" or "the Company"), announced today that it has entered into a 90-day pilot program with Crossno Corp., a pick-up & delivery (P&D) and linehaul independent contractor for FedEx Ground with operations in Arkansas, Missouri, Oklahoma and Texas. EVTV has delivered four logistics vans, two each in right-hand drive and left-hand drive configuration, for the program.

Envirotech Vehicles Announces Pilot Program with Crossno Corp., a Regional FedEx Ground Contractor

OSCEOLA, AR / ACCESSWIRE / November 17, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), ("EVTV" or "the Company"), announced today that it has received a certificate of conformity with the Clean Air Act from the Environmental Protection Agency (EPA) for its recently launched Bumble Bee all-electric school bus. Phillip Oldridge, Chief Executive Officer of Envirotech Vehicles, commented, "We are excited to have received this important seal of approval from the EPA.

Envirotech Vehicles Announces Certificate of Conformity with the Clean Air Act

OSCEOLA, AR / ACCESSWIRE / November 9, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), ("EVTV" or "the Company"), announced today the launch of the Company's first fully electric school bus, named the EVT Bumble Bee. Pre-orders for the vehicle are now open, and EVTV will be hosting a demonstration tour in February 2024 for customers to experience the vehicle firsthand, with deliveries expected beginning in the third quarter of 2024.

Envirotech Vehicles Announces the Launch of its Fully Electric School Bus

OSCEOLA, AR / ACCESSWIRE / October 18, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), ("EVTV" or "the Company"), announced today that it has received a letter from the Nasdaq Stock Market, LLC ("Nasdaq") stating that the Company has regained compliance with the Nasdaq Stock Market, LLC Listing Rule 5250(c)(1)(the "Rule"). The Rule requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (SEC).

Envirotech Vehicles Announces It Has Regained Compliance with Nasdaq Listing Rule 5250(c)(1)

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 registered public accounting firm.

Envirotech Vehicles Announces Filing of Amended 2022 Form 10-Qs

OSCEOLA, AR / ACCESSWIRE / September 12, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles ("EVTV" or "the Company"), today provided an update on its Philippines facility, which is progressing according to the Company's plans. EVTV has secured and taken possession of a 3,000 square meter final assembly facility located in Clark Free Trade Zone (formerly the US Clark Air Force Base).

Envirotech Vehicles Provides Update on Philippines Manufacturing Facility

Correcting the date for filing the Form 10-Q for the period ended March 31, 2023 OSCEOLA, AR / September 7, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), ("EVTV" or "the Company"), announced today that it has received a letter from the Nasdaq Stock Market, LLC ("Nasdaq") stating that it has accepted the Company's request for an additional extension to file its delinquent annual and quarterly filings. According to the plan that EVTV has provided to Nasdaq, the Company expects to file its Form 10-K for the period ended December 31, 2022 by September 22, 2023, and to file the Forms 10-Q for the period ended March 31, 2023 and the period ended June 30, 2023 by October 16, 2023 upon completion of the audit currently being conducted by the Company's independent registered public accounting firm.

CORRECTION BY SOURCE: Envirotech Vehicles Announces Nasdaq Acceptance of its Request for an Extension to File its Delinquent Filings

OSCEOLA, AR. / ACCESSWIRE / September 7, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), ("EVTV" or "the Company"), announced today that it has received a letter from the Nasdaq Stock Market, LLC ("Nasdaq") stating that it has accepted the Company's request for an additional extension to file its delinquent annual and quarterly filings.

Envirotech Vehicles Announces Nasdaq Acceptance of its Request for an Extension to File its Delinquent Filings

OSCEOLA, AR / ACCESSWIRE / August 23, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), ("EVTV" or "the Company"), announced today that it received a notification letter from the Nasdaq Stock Market, LLC ("Nasdaq") stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not yet filed its Form 10-Q for the period ended June 30, 2023 and because it remains delinquent in filing its Form 10-K for the period ended December 31, 2022 and Form 10-Q for the period ended March 31, 2023, as previously disclosed. In accordance with the prior notification letter regarding the delayed filing of the Form 10-K, EVTV has until September 1, 2023 to submit a plan to regain compliance with the Nasdaq Listing Rules.

Envirotech Vehicles Announces Receipt of Expected Notice from Nasdaq Related to Delayed Filing of Form 10-Q for the Period Ended June 30, 2023

Global electric car sales June 2023 up 38% YoY to 19% share. China sales up 28% to 38% share. Europe up 42% to 25% share. USA up 38% to 9% share. EV market news - China 6b emission standard started on July 1. China to bolster its economy. U.S. proposes fuel economy standards for new vehicles to 58 mpg by 2032. EV company news - BYD smashes sales records in H1, 2023, selling 1.25M BEVs. Tesla Cybertruck orders surpass 1.9m, 5-year wait times. Volkswagen takes $700m stake in XPeng.

EV Company News For The Month Of July 2023

OSCEOLA, AR / ACCESSWIRE / July 18, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles ("EVTV" or "the Company"), announced the hiring of Richard Ross as Executive Vice President of EVTV North America and Greg Miros as Vice President of Sales. In addition, Susan Emry, Executive Vice President of EVTV, was named Overseas Strategy Officer.

Envirotech Vehicles Announces Strategic Hiring and Realignment Among Leadership Team

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Global electric car sales for May 2023 were up 50% YoY to 16% share - China sales were up 54% to 35% share, Europe was up 38% to 23% share, USA was up 68% to 8% share. EV market news - Ford, GM and Rivian, Volvo & Polestar to join Tesla's EV charging network. Tesla becomes number 1 for plugin electric car sales in Europe in May. EV company news - BYD announces new Fang Cheng Bao brand. Tesla Model Y is America's No. 1 selling passenger car. GAC Aion aims to sell 500,000 BEVs this year.

EV Company News For The Month Of June 2023

News for Envirotech Vehicles Inc Stock (EVTV)