Company Develops Large-Scale Power, Land, and Connectivity — the Resources the AI Economy Needs Most — as It Executes Its Merger and Development Agreement with AZIO AI Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("EVTV" or the "Company") today announced significant progress building a large-scale, energy-backed digital infrastructure platform designed to serve the accelerating power demands of artificial intelligence and data center growth, as the Company continues executing on its previously announced Merger and Development Agreement ("MDA") with AZIO AI. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602384656/en/EVTV SECURES

Joinder of A16Z Partner Adds Two Decades of Capital Markets, M&A, and IPO Advisory Experience — Including Work on companies such as Coinbase, OpenAI, Cursor, Xai, CereBras, Openrouter, Snap, Alteryx, and GoDaddy — as the Combined Platform Advances Toward Close of the Previously Announced proposed MergerNEWPORT BEACH, Calif., May 28, 2026 /PRNewswire/ -- AZIO AI Corp. ("AZIO AI" or the "Company"), a developer of next-generation artificial intelligence infrastructure and power-integrated data center solutions, and the merger partner of Envirotech Vehicles, Inc. (NASDAQ:EVTV) under the previously announced definitive merger agreement dated May 19, 2026, today announced the appointment of Andrew

Behind-the-Meter Natural Gas Power, Modular Infrastructure, and NVIDIA B200 Deployments Position Combined Platform for Scalable AI and Digital Asset Growth Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("EVTV" or the "Company") today announced a series of concrete operational milestones across its digital infrastructure platform, including the deployment of approximately 6 megawatts of modular Bitcoin mining infrastructure at its South Texas site and the commencement of initial NVIDIA B200 GPU hardware deliveries by merger partner AZIO AI Corporation ("AZIO AI") with an additional $118 million infrastructure pipeline where deposits have already been received. This announcement follows the Compa

Collaboration positions AZIO AI, EVTV, and Phoenix Management alongside one of the world's most recognized engineering and performance-driven platforms as AI infrastructure, energy systems, and next-generation compute technologies continue converging globallyNEWPORT BEACH, Calif., May 20, 2026 /PRNewswire/ -- AZIO AI and Envirotech Vehicles, Inc. (NASDAQ:EVTV) today announced their sponsorship participation alongside Rahal Letterman Lanigan Racing ("RLL") and rising driver Louis Foster during the 2026 Indianapolis 500 race weekend. The sponsorship initiative is designed to suppo

EVTV to issue 100 Million Shares; Will Transform the Company into a U.S.-Focused AI Infrastructure and Compute Platform Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("EVTV" or the "Company") today announced that it has entered into a definitive merger agreement with AZIO AI Corporation ("AZIO AI") as part of the Company's strategic transformation into an artificial intelligence infrastructure and compute platform focused on domestic AI deployment, data center operations, and long-term compute capacity expansion. The transaction represents a significant strategic transformation for EVTV as the Company positions itself within one of the fastest-growing segments of the global technology market,

Transaction Structured at 100 Million EVTV Shares Reflects Significant Growth Since Original $480 Million LOI, Following Six Months of Operational Collaboration, Customer Deposits, and Initial Hardware DeliveriesNEWPORT BEACH, Calif., May 20, 2026 /PRNewswire/ -- AZIO AI Corp. ("AZIO AI" or the "Company"), a developer of next-generation artificial intelligence infrastructure and power-integrated data center solutions, today announced the execution of a definitive merger agreement with EVTV as part of EVTV's strategic transformation into an artificial intelligence infrastructure and compute platform focused on domestic AI deployment, data center operations, and long-term compute capacity expa

Order from Envirotech Vehicles, Inc. (NASDAQ:EVTV) Supports an additional ~6 MW Deployment, utilizing sovereign power and Accelerating a Scalable AI Infrastructure RolloutNEWPORT BEACH, Calif., May 13, 2026 /PRNewswire/ -- AZIO AI Corp. ("AZIO AI" or the "Company"), a developer of next-generation artificial intelligence infrastructure and power-integrated data center solutions, today announced that it has secured a customer order from Envirotech Vehicles, Inc. (NASDAQ:EVTV) to support the expansion of modular AI data center infrastructure at its South Texas deployment site. The

Data Center Deployment and Expanded Power Capacity Reflect Continued Progress from Merger LOINEWPORT BEACH, Calif., May 11, 2026 /PRNewswire/ -- AZIO AI Corp. ("AZIO AI" or the "Company"), a developer of next-generation artificial intelligence infrastructure and power-integrated data center solutions, today announced it has secured a customer order from Envirotech Vehicles, Inc. (NASDAQ:EVTV) to expand modular AI data center infrastructure at its South Texas deployment site. The order is expected to support approximately 5 megawatts (MW) of high-density compute capacity and repr

Coordinated Execution Across AZIO Corp. and AZIO AI Drives Early Customer Commitments as Strategic Alignment with Envirotech Vehicles (NASDAQ:EVTV) AdvancesLOS ANGELES, March 24, 2026 /PRNewswire/ -- AZIO AI Corporation ("AZIO AI" or the "Company"), a next-generation artificial intelligence infrastructure and high-performance compute platform, today announced it has secured binding, non-refundable customer deposits representing approximately 42% of its previously disclosed $108 million GPU infrastructure pipeline, signaling early-stage demand for access to its planned large-scale AI compute capacity.

Commercial Progress Across $107M GPU Pipeline Supports Strategic CombinationProcess with Envirotech Vehicles, Inc. (NASDAQ:EVTV)LOS ANGELES, March 4, 2026 /PRNewswire/ -- AZIO AI Corporation ("AZIO AI" or the "Company"), a high-performance artificial intelligence infrastructure and GPU compute platform provider, today provided a commercial update regarding previously announced GPU rack and node purchase orders and related customer allocation activity across Asia. Deposit Progress and Funding MilestonesAs previously disclosed on January 12, 2026, AZIO AI announced aggregate bindi

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Joinder of A16Z Partner Adds Two Decades of Capital Markets, M&A, and IPO Advisory Experience — Including Work on companies such as Coinbase, OpenAI, Cursor, Xai, CereBras, Openrouter, Snap, Alteryx, and GoDaddy — as the Combined Platform Advances Toward Close of the Previously Announced proposed MergerNEWPORT BEACH, Calif., May 28, 2026 /PRNewswire/ -- AZIO AI Corp. ("AZIO AI" or the "Company"), a developer of next-generation artificial intelligence infrastructure and power-integrated data center solutions, and the merger partner of Envirotech Vehicles, Inc. (NASDAQ:EVTV) under the previously announced definitive merger agreement dated May 19, 2026, today announced the appointment of Andrew

DENVER, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Markets are waking up to a distinctly forward-looking tape, with investors parsing developments that point to shifts in Artificial Intelligence infrastructure, advanced sensing, defense-aligned energy systems, and deep-tech R&D platforms. Envirotech Vehicles (NASDAQ:EVTV): Strategic Pivot Toward AI Infrastructure Envirotech Vehicles is in focus after announcing an amended and restated Letter of Intent to acquire AZIO AI Corporation, a move that could dramatically reshape the company's long-term identity. The proposed all-equity transaction values AZIO AI at an assumed enterprise value of $480 million, using a $3.00 per share reference price for E

OSCEOLA, AR / ACCESSWIRE / December 10, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced an Envirotech logistics van is in use by New Jersey based Central Art & Engineering, Inc.Central Art & Engineering uses the Envirotech logistics van for the pick-up and delivery of jobs and raw materials. A custom plastics fabricator, the company is deeply committed to the quality and reliability of their customer service. Central Art & Engineering also gains from cost savings and environmental benefits delivered by the Envirotech electric van.Vice President of Central Arts & Engineering Eric Makkay commented: "I want electric vehicles for the business. We prefer to have clean electric. We

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 MaddoxJason Maddox will join the company as President of Envirotech Vehicles. Jason comes to EVTV from Maddox Defense, Inc. He delivers years of large company executive leadership as CEO of Maddox Defense, successfully building Maddox Defense to one of the major players in government contracting. Jason is an expert in lead

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.Brock Pierce is a name synonymous with innovation. With a storied career that spans technology, cryptocurrency, and venture capital, Brock has built a reputation as one of the most forward-thinking entre

OSCEOLA, AR / ACCESSWIRE / August 24, 2022 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles, today announced the appointment of Jay Raber as National Sales Manager.Mr. Raber has over 40 years of experience in sales and business development for both electric and gas vehicles, most recently as regional sales manager of Green Power Motor Company, a provider of purpose-built, battery electric vehicles for all sectors of the passenger transportation industry. Mr. Raber has also served as regional sales manager for Prevost, the leading North American manufacturer of premium passenger coaches and conversion coaches; as regional sales manage

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.Phil Oldridge, CEO of Envirotech, emphasized the immediate advantages the acquisition delivers to the technology company: "Maddox Industries will provide predictable and substantial revenue that will strengthen our financia

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 regis

OSCEOLA, AR / ACCESSWIRE / November 14, 2022 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles (the "Company"), today announced its results for the third quarter and nine months ended September 30, 2022.Third Quarter 2022 Financial ResultsSales were $3,882,670 for the three months ended September 30, 2022, compared to $709,092 for the three months ended September 30, 2021. The sales increase was primarily related to the sale of 37 vehicles in the third quarter of 2022 compared to eight vehicles in the prior year period.Total net operating expenses for the three months ended September 30, 2022, were $1,738,397, compared to $1,381,574 f

OSCEOLA, AR / ACCESSWIRE / November 9, 2022 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles (the "Company"), will host a conference call on Tuesday, November 15, 2022 at 8:30 a.m. ET to discuss the Company's results for the third quarter and nine months ended September 30, 2022.To access the live webcast, please click on this link.To participate by phone, please dial 877-545-0523 approximately five minutes prior to the scheduled start time and request the Envirotech Vehicles call. International callers should dial 973-528-0016. Participants may also provide the access code, which is 815808.A replay of the teleconference will be avai

OSCEOLA, AR / ACCESSWIRE / August 15, 2022 / Envirotech Vehicles, Inc. ("Envirotech Vehicles" or the "Company") (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles, today announced its results for the second quarter and six months ended June 30, 2022.Second Quarter 2022 Financial ResultsSales were $2,087,700 for the three months ended June 30, 2022, compared to $188,266 for the three months ended June 30, 2021. The sales increase was primarily related to the sale of 21 vehicles in the second quarter of 2022 compared to two vehicles in the prior year period.Total operating expenses for the three months ended June 30, 2022, were $1,833,066, compared to $931,354 for

OSCEOLA, AR / August 11, 2022 / Envirotech Vehicles, Inc. (OTCQX:EVTV), a provider of new zero-emission, purpose-built electric vehicles, will host a conference call on Monday, August 15, 2022 at 5:00 p.m. ET to discuss the Company's results for the second quarter and six months ended June 30, 2022.To access the live webcast, please use the following link:https://www.webcaster4.com/Webcast/Page/2214/46384To participate in the call by phone, dial (844) 602-0380 approximately five minutes prior to the scheduled start time and request the Envirotech Vehicles call. International callers should dial (862) 298-0970.A replay of the teleconference will be available until Monday, August 29, 2022, and