top of page

POST

Search

Envirotech Vehicles Announces Partner In Arkansas

OSCEOLA, AR / ACCESSWIRE / February 23, 2023 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles ("EVTV"), announced today an exclusive partnership with Strategic EV Solutions, an affiliate of Curtis Stout and a leader in the mid-south electrical industry, to establish an agreement to sell EVTV electric vehicles (EVs) across Arkansas, Texas, Oklahoma, Tennessee, Louisiana, Mississippi, Alabama and Florida



Phillip Oldridge, Chief Executive Officer of Envirotech Vehicles, commented, "NJZIP and California's HVIP continue to be invaluable programs for EVTV and we are proud to continue our momentum with both of these. As we look ahead, we look forward to leveraging our contacts to try to place even more vehicles with customers through NJZIP and HVIP in 2023 than we did in 2022."


NJ ZIP is a $90 million voucher pilot launched in 2021 by New Jersey Economic Development Authority (NJEDA) for Medium to Heavy Duty Zero-Emission Vehicles. Phase 1 of the program in 2022 resulted in $43 million in voucher applications received, representing approximately 400 vehicles. The program is funded by Regional Greenhouse Gas Initiative (RGGI) proceeds allocated to NJEDA for the purposes of reducing harmful emissions, especially in communities disproportionately impacted by transportation emissions, and creating economic opportunity within the state. The program will provide vouchers with base values ranging between $20,000 to $175,000.


California's HVIP plays a crucial role in the deployment of zero-emission and near-zero-emission technologies. HVIP accelerates commercialization by providing point-of-sale vouchers to make advanced vehicles more affordable. Launched by the California Air Resources Board (CARB) in 2009, the project is part of California Climate Investments. HVIP is the earliest model in the U.S. to demonstrate the function, flexibility, and effectiveness of first-come first-served incentives that reduce the incremental cost of commercial vehicles. Vouchers have base values ranging between $7,500 and $120,000.


About Envirotech Vehicles

Envirotech Vehicles, Inc. is a provider of purpose-built, zero-emission electric vehicles focused on reducing the total cost of vehicle ownership and helping fleet operators unlock the benefits of green technology. EVTV serves commercial and last-mile fleets, school districts, public and private transportation service companies, and academic institutions to meet the increasing demand for heavy-duty electric vehicles. EVTV's vehicles address the challenges of traditional fuel-price cost instability and local, state and federal environmental regulatory compliance. For more information, visit www.evtvusa.com.


Cautionary Statement Regarding Forward-Looking Statements

Statements made in this press release that relate to future plans, events, financial results, prospects or performance are forward-looking statements. While they are based on the current expectations and beliefs of management, such forward-looking statements are subject to a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from the expectations expressed in this press release, including the risks and uncertainties disclosed in reports filed by Envirotech Vehicles, Inc. with the Securities and Exchange Commission, all of which are available online at www.sec.gov. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expected," "believes," "strategy," "opportunity," "anticipated," "outlook," "designed," and similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except as required by law, Envirotech Vehicles undertakes no obligation to update or revise any forward-looking statements to reflect new information, changed circumstances or unanticipated events.


Contact Information

For Envirotech Vehicles:


Investor Relations ICR, Inc. Telephone: (646) 200-8873 Email: envirotech@icrinc.com

Sue Emry, Executive Vice President Telephone: (870) 970-3355 Email: sue.e@evtvusa.com


Arkansas Press Inquiries Kristen Nicholson, APR Telephone: (501) 350-3658 Email: knicholson@mhpteamsi.com


SOURCE: Envirotech Vehicles, Inc.


View source version on accesswire.com:

16 views0 comments

Comments


bottom of page