Envirotech Vehicles

EVTV

Market cap $6.42M

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 Milestones As previously disclosed on January 12, 2026, AZIO AI announced aggregate binding purchase orders totaling approximately $107 million (the "Purchase Order(s)").

Delivery Marks Advancement of Collaborative Deployment Efforts as Due Diligence Continues and Infrastructure Planning Progresses HOUSTON, TX / ACCESS Newswire / February 25, 2026 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("EVTV" or the "Company") today announced that it has accepted delivery of initial high-performance compute systems from AZIO AI Corporation ("AZIO AI") in South Texas. The systems are scheduled for installation, commissioning, and integration into the Company's modular artificial intelligence ("AI") infrastructure platform as the parties continue to work collaboratively under their previously announced strategic framework and ongoing due diligence process.

Strategic Deployment Phase Expected to Validate High-Density Compute, Immersion Cooling, and Scalable Energy-Integrated Infrastructure LOS ANGELES, Feb. 20, 2026 /PRNewswire/ -- Azio AI Corporation ("Azio AI" or the "Company"), a next-generation artificial intelligence infrastructure and high-performance compute platform, today announced the receipt of its first purchase order from Envirotech Vehicles, Inc. ("EVTV") for twenty-eight (28) next-generation ASIC compute systems as part of its broader infrastructure validation initiative. Payment for the initial tranche has been received in full.

Operational review confirms technical readiness as EVTV transitions from planning to field execution HOUSTON, TX / ACCESS Newswire / February 4, 2026 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("EVTV" or the "Company"), a U.S.-based manufacturer of purpose-built electric vehicles and specialty infrastructure platforms, today announced a significant operational advancement in its previously disclosed modular data and power infrastructure initiative in collaboration with AZIO AI Corporation ("AZIO AI"), following the completion of an on-site engineering and technical validation review. The on-site working session marked a transition from design and feasibility into execution, with EVTV and AZIO AI teams completing comprehensive technical assessments across fuel, power, and compute systems and establishing confirmed pathways for deployment.

HOUSTON, TX / ACCESS Newswire / January 26, 2026 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech Vehicles" or "EVTV") and AZIO AI Corporation ("AZIO AI") today announced a major execution milestone under their previously disclosed scalable artificial intelligence ("AI") infrastructure program with the successful delivery, installation, and connection of a 40-foot AI data center container purpose-built for immersion-cooled computing. The container has arrived on site, been set in place, fully connected to power and network infrastructure, and configured for immersion cooling.

HOUSTON, Jan. 21, 2026 (GLOBE NEWSWIRE) -- via IBN -- Envirotech Vehicles, Inc. (NASDAQ: EVTV ) today provided an update to shareholders regarding a recently disclosed Nasdaq compliance matter, while reaffirming the Company's continued strategic momentum and execution alongside AZIO AI.

Integrated Power, Cooling, and Compute Architecture Addresses a Rapidly Expanding Global AI Infrastructure Market Measured in the Tens of Billions of Dollars Annually LOS ANGELES, Jan. 21, 2026 /PRNewswire/ -- AZIO AI, a next-generation artificial intelligence and high-performance computing infrastructure platform, and Envirotech Vehicles, Inc. (NASDAQ: EVTV) ("EVTV"), today announced continued execution of a scalable AI infrastructure program designed to support sustained, real-world compute workloads using purpose-built cooling systems, self-owned behind-the-meter power, and modular deployment architecture. The infrastructure is engineered to operate under continuous, production-level demand, generating live operational data that directly informs system design, efficiency, and economics as AZIO AI advances toward larger-scale multi-megawatt deployments.

Execution Momentum Accelerates Following $100 Million in Government Revenue and Announced $3.00 Per Share Merger Framework with Envirotech Vehicles (NASDAQ: EVTV) LOS ANGELES, Jan. 12, 2026 /PRNewswire/ -- AZIO AI, in conjunction with Azio Corp, a next-generation artificial intelligence infrastructure and high-performance computing platform, today announced it has received a binding purchase order for 256 units of the Nvidia B300's GPUs, representing a significant advancement towards completion of a major governmental Purchase Order in Southeast Asia, resulting in approximately $107 million in contractual revenue, underscoring the Company's ability to execute complex, large-scale government and institutional initiatives. The company expects to receive a 30% deposit over the course of the next few weeks.

Strategic Capital Momentum Accelerates as AZIO AI Advances Proposed Business Combination with Envirotech Vehicles, Inc. (NASDAQ: EVTV) LOS ANGELES, Jan. 6, 2026 /PRNewswire/ -- AZIO AI, Inc. ("AZIO AI"), a next-generation artificial intelligence infrastructure and compute platform, today announced growing support from a group of new strategic investors, including large corporate participants across the AI data-center and supply-chain ecosystem, as the Company advances toward completion of its proposed merger and related equity transactions with Envirotech Vehicles, Inc. (NASDAQ: EVTV). The proposed business combination with Envirotech Vehicles, Inc. (EVTV) is expected to provide AZIO AI with access to public-market infrastructure, enhanced capital-markets flexibility, and an expanded platform to support long-term AI infrastructure deployment alongside EVTV's existing public-company operations.

EVTV Board of Directors Approves Amended and Restated LOI with AZIO AI at $3.00 Per Share, Subject to Independent Third-Party Valuation HOUSTON, TX / ACCESS Newswire / January 6, 2026 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("EVTV" or the "Company") today announced that it has entered into an Amended and Restated Letter of Intent ("LOI") with AZIO AI Corporation ("AZIO AI"), pursuant to which EVTV would acquire 100% of the issued and outstanding equity interests of AZIO AI through a merger transaction. The LOI reflects preliminary understandings only and does not create any obligation on behalf of either party with respect to the contemplated transaction, except with respect to customary exclusivity, no-shop, confidentiality and expense provisions.