Earnings summaries and quarterly performance for Envirotech Vehicles.
Executive leadership at Envirotech Vehicles.
Board of directors at Envirotech Vehicles.
Research analysts who have asked questions during Envirotech Vehicles earnings calls.
Recent press releases and 8-K filings for EVTV.
Envirotech Vehicles Provides Update on Nasdaq Compliance and AZIO AI Partnership
EVTV
Delisting/Listing Issues
M&A
New Projects/Investments
- Envirotech Vehicles (EVTV) confirmed a Nasdaq compliance matter is procedural and administrative, related to completing annual proxy items for quorum, and is not related to its operating performance or financial condition.
- The company's strategic execution with AZIO AI remains active and central to its long-term value creation strategy, involving operational alignment and collaborative workstreams for scalable AI infrastructure, energy systems, and next-generation mobility and power solutions.
- Any potential merger or business combination with AZIO AI, if definitive agreements are reached, would be subject to a separate shareholder vote and was not presented for approval in connection with the current annual proxy vote.
Jan 21, 2026, 6:56 PM
Envirotech Vehicles and AZIO AI Execute Scalable AI Infrastructure Strategy
EVTV
New Projects/Investments
Product Launch
- AZIO AI and Envirotech Vehicles (EVTV) are executing a scalable AI infrastructure program designed to support sustained, real-world compute workloads.
- This infrastructure incorporates purpose-built cooling systems, self-owned behind-the-meter power, and a modular deployment architecture.
- The initial deployment is located in Texas, utilizing on-site natural gas from operating oil field sites for continuous power generation.
- Under the commercial framework, AZIO AI supplies and sells compute hardware, while EVTV owns the deployed compute assets and participates through infrastructure ownership and hosting economics.
- The modular design supports initial configurations of approximately 500 kilowatts (kW) of compute load, with expansion pathways designed to scale to multiple megawatts.
Jan 21, 2026, 12:00 PM
Envirotech Vehicles Merger Partner AZIO AI Secures Major Government Order
EVTV
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- AZIO AI, which has a transformational merger framework with Envirotech Vehicles (NASDAQ: EVTV) establishing a reference transaction value of $3.00 per EVTV share, announced a binding purchase order for 256 Nvidia B300 GPUs. This order represents approximately $107 million in contractual revenue from a major governmental Purchase Order in Southeast Asia.
- The company anticipates receiving a 30% deposit for this order within the next few weeks.
- AZIO AI is also engaged in multiple additional government-led initiatives across the region, which collectively represent up to $200 million in potential incremental revenue.
Jan 12, 2026, 12:00 PM
EVTV Enters LOI to Acquire AZIO AI
EVTV
M&A
CEO Change
New Projects/Investments
- Envirotech Vehicles, Inc. (EVTV) has entered into an Amended and Restated Letter of Intent (LOI) to acquire 100% of AZIO AI Corporation through a merger transaction.
- This acquisition is intended to strategically transform EVTV's business towards advanced artificial intelligence infrastructure and high-performance computing.
- The LOI contemplates an enterprise value for AZIO AI of $480 million and an agreed reference value of $3.00 per share for EVTV common stock.
- Upon the closing of the contemplated transaction, Chris Young, the current Chief Executive Officer of AZIO AI, would be appointed Chief Executive Officer of EVTV.
- The transaction remains subject to the negotiation and execution of a definitive agreement, completion of due diligence, and receipt of required regulatory and shareholder approvals.
Jan 6, 2026, 12:00 PM
AZIO AI Announces Independent Valuation and Strategic Merger LOI
EVTV
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- AZIO AI Corporation announced an independent valuation analysis, indicating an enterprise value of approximately $480 million.
- The valuation report highlights forward-looking scenarios exceeding $1.4 billion and projects revenue growth from approximately $349 million to over $500 million, with EBITDA margins ranging from approximately 20% to over 30%.
- AZIO AI is engaged in a Letter of Intent (LOI) for a strategic merger with Envirotech Vehicles, Inc. (NASDAQ: EVTV).
Dec 17, 2025, 9:12 AM
Evotrex Announces $16 Million Pre-A Funding and Product Launch
EVTV
Product Launch
New Projects/Investments
Hiring
- Evotrex has emerged from stealth mode, securing $16 million in Pre-A funding led by Xstar Capital.
- The company is set to unveil the world's first power-generating RV trailer on January 6 at CES 2026 in Las Vegas.
- The capital will be used to expand Evotrex’s engineering and product teams and advance the commercialization of its initial product.
Nov 6, 2025, 1:00 PM
Quarterly earnings call transcripts for Envirotech Vehicles.
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