Envirotech Vehicles, Inc. - Common stock (EVTV)

Synergy CHC Corp. (NASDAQ: SNYR) is gaining renewed investor attention as its FOCUSfactor® functional beverage platform scales rapidly through the Company’s already-established retail ecosystem—built on the strength of its 25-year FOCUSfactor® brain health supplement legacy . By leveraging long-standing national distribution relationships, Synergy is accelerating beverage adoption without the execution risk typically associated with launching a new consumer brand.This beverage expansion underpins Roth Capital Partners’ Buy rating and 12-month $7 price target on SNYR. Roth projects revenues could grow from approximately $35.4 million in 2025 to nearly $55 million in 2026, driven largely by beverage penetration layered onto Synergy’s existing retail and wholesale channels.

Envirotech Vehicles (NASDAQ: EVTV) announced it has entered into an amended and restated letter of intent with AZIO AI Corporation under which EVTV would acquire 100 percent of the issued and outstanding equity interests of AZIO AI through a statutory merger, subject to customary conditions and the execution of a definitive agreement. Under the proposed transaction, AZIO AI would become a wholly owned subsidiary of EVTV in what the company described as a potential strategic transformation toward advanced artificial intelligence infrastructure and high-performance computing, with AZIO AI CEO Chris Young expected to assume the role of chief executive officer of EVTV at closing. The nonbinding LOI reflects a preliminary transaction framework assuming an enterprise value of $480 million for AZIO AI and a reference value of $3.00 per share of EVTV common stock, subject to due diligence, regulatory approvals, board and shareholder approvals, and independent third-party valuation, with no assurance that a definitive agreement will be executed or the transaction consummated.

EVTV Board of Directors Approves Amended and Restated LOI with AZIO AI at $3.00 Per Share, Subject to Independent Third-Party Valuation

Electric Vehicle Technology, Innovation & Sustainability

Electric Vehicle Technology, Innovation & Sustainability

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.

Envirotech Vehicles (NASDAQ: EVTV) has entered into an exclusive strategic acquisition framework with AZIO AI Corporation, an AI infrastructure company delivering high-performance compute, modular data-center solutions and applied AI platforms for governments, institutions and enterprises. The proposed framework outlines a potential combination that would expand EVTV beyond mobility into a multi-vertical AI infrastructure platform, integrating AI compute capabilities that support sovereign data centers, enterprise AI workloads, AI-enabled agriculture and drone operations, while EVTV existing electric vehicle and advanced mobility businesses continue as active operating platforms, subject to due diligence, definitive agreements and required regulatory and shareholder approvals.

HOUSTON, TX / ACCESS Newswire / November 13, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("EVTV" or the "Company"), a U.S. manufacturer of zero-emission commercial vehicles and industrial-grade drones, today announced that its heavy capacity drone division, AG Drone Inc., has entered the production and certification execution phase following confirmed deposits for 80 heavy capacity drones from Studio di Agronomia Baffetti (Siena, Italy) ("Studio Baffetti") and Venture Air Solutions Inc. (Opa-Locka, Florida) ("Venture Air Solutions").

EVTV expands globally as Italy's Studio Baffetti joins U.S. partner Venture Air Solutions in record-breaking deposits amid new European drone regulations

Envirotech Vehicles (NASDAQ: EVTV), a U.S. manufacturer of zero-emission commercial vehicles and industrial-grade drones, has signed a Letter of Intent with Studio di Agronomia Baffetti, a Siena-based vineyard and olive grove consulting firm, marking EVTV’s first commercial drone entry into Europe. The collaboration aims to deploy EVTV’s Heavy-Lift Agricultural Drones across Tuscany beginning in spring 2026, replacing tractor-based spraying with precision aerial systems optimized for steep and terraced crops. COO Elgin Tracy said the partnership positions EVTV at the center of Europe’s premium agriculture market, advancing sustainable farming with improved yields and reduced chemical use.

HOUSTON, TEXAS / ACCESS Newswire / September 16, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) (the "Company" or "Envirotech Vehicles"), a leader in advanced transportation and defense innovation, today announced, together with its wholly owned subsidiary Maddox Industries, LLC ("Maddox Industries"), a Company historic milestone: the delivery of over 5 million isolation gowns manufactured for the U.S. government, as part of a contract totaling 35 million gowns (the "Gown Contract"). With 19 months remaining on the Gown Contract, the Company expects that the program will be extended, further strengthening America's supply chain security.

HOUSTON, TX / ACCESS Newswire / September 15, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) (the "Company" or "Envirotech"), a leader in advanced transportation and defense innovation, today announced the successful completion of the first American-made heavy-lift drone capable of carrying 1,500 pounds, equipped with dual-use agricultural spray and wildfire protection technology.

HOUSTON, TEXAS / ACCESS Newswire / August 6, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) (the "Company" or "Envirotech"), a leading provider of electric commercial vehicles, today announced that it has resolved to effect a reverse stock split of the Company's common stock and has determined the ratio to be 1-for-10. The Company's stockholders approved the reverse stock split and granted the Company board of directors the authority to determine the exact split ratio and when to proceed with the reverse stock split at the Company's Special Meeting of Stockholders held on May 1, 2025.

Additional Units Set for Upcoming Delivery

Additional Units Set for Delivery in Coming Days, Weeks, and Months

HOUSTON, TEXAS / ACCESS Newswire / June 24, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech") today announced its bold vision to lead the future of electric mobility by integrating sustainable, American-assembled solutions across land, air, and sea, tapping into multiple multi-billion-dollar end markets.

HOUSTON, TX / ACCESS Newswire / May 15, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech" or the "Company") today announced the signing of a non-binding Letter of Intent ("LOI") to acquire the assets of Kymera, a manufacturer of marine craft. The Company intends for the business to serve as the foundation of Envirotech's new marine division. As planned, Envirotech intends to enter the electric marine mobility space with the acquisition, reinforcing its long-term vision to deliver next-generation, zero-emission transportation across land, air, and sea.

HOUSTON, TX / ACCESS Newswire / May 8, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech" or the "Company") today announced that through its subsidiary, AG Drones Inc. ("AG Drones"), it has entered into a Consulting and Manufacturing Agreement with a U.S. drone manufacturer for the manufacture of a U.S.-made heavy lift drone and that, following delivery of the drone and its associated intellectual property, Envirotech plans to open its previously announced drone manufacturing facility in the United States.

HOUSTON, TX / ACCESS Newswire / May 6, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech" or the "Company") today announced the launch of its redesigned website, www.evtvusa.com

HOUSTON, TX / ACCESS Newswire / May 1, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech" or the "Company") today announced a strategic expansion into the electric drone and watercraft sectors, targeting high-growth verticals across land, air, and sea. The Company plans to develop and acquire divisions focused on commercial and industrial electric drones, along with electric jet drive systems for watercraft.

OSCEOLA, AR / ACCESS Newswire / March 4, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) (the "Company" or "Envirotech") today announced that the Company has delivered two high roof vans to a New Jersey small fleet operator that has been awarded vouchers under the New Jersey Zero Emission Incentive Program ("NJ ZIP"). The delivery represents $218,000 in revenue against the Company's projected NJ ZIP pipeline of $5,275,200, which represents the aggregate revenue that may be generated by the Company if all customers that have been awarded vouchers to purchase an Envirotech vehicle through the NJ ZIP elect to purchase a vehicle through this program.

OSCEOLA, AR / ACCESS Newswire / January 29, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced that the company has orders for 48 vehicles to New Jersey customers that have been awarded vouchers under the New Jersey Zero Emission Incentive Program ("NJ ZIP"). If the customers that have been awarded vouchers elect to purchase a vehicle through the program, the company expects to generate up to $5,275,200 in revenue for the vehicles.

OSCEOLA, AR / ACCESS Newswire / January 22, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announces a significant enhancement to its electric vehicle service center in Manalapan, New Jersey, positioning the company for accelerated growth and success in the rapidly expanding zero-emission vehicle market in the Garden State.

OSCEOLA, AR / ACCESSWIRE / December 10, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced Envirotech's support team for California and New Jersey electric vehicle applications. The company has assembled a working group of employees to assist customers submitting voucher applications for California Air Resources Board ("CARB") funding as well as for New Jersey Zero-Emission Incentive Program ("NJ ZIP") funding.

OSCEOLA, AR / ACCESSWIRE / December 7, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced Envirotech's plan to present an annual Envirotech Chairman's Award to recognize the company that has demonstrated the most positive transformation of their business as a result of using an Envirotech vehicle.