Envirotech Vehicles To Visit Florida Assembly Sites To Support Expansion

Rhea-AI Summary

ADOMANI, Inc. (OTCQB:ADOM), operating as Envirotech Vehicles, is exploring opportunities for a new office and assembly facility in South Florida. Senior executives are visiting potential sites next week, reflecting the company's aim to expand its presence in the southeastern U.S. COO Rick Eckert expressed optimism about the region's opportunities and noted the strategic importance of this expansion alongside existing facilities in California. This move is part of the company's broader strategy to enhance its national footprint by adding vehicle assembly capabilities.

Positive

• Exploring new office and assembly facility in South Florida to expand market presence.
• Optimistic outlook for business opportunities in the southeastern United States.

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• None.

CORONA, CA / ACCESSWIRE / February 26, 2021 / ADOMANI, Inc. (OTCQB:ADOM), DBA Envirotech Vehicles, a provider of new purpose-built electric vehicles and drivetrain solutions, today announced that a senior executive and a consultant will be in South Florida next week for a number of site visits for a potential Envirotech Vehicles office and assembly facility.

"We have a number of opportunities in the South Florida area which may require that we have a presence, and adding the assembly of vehicles makes sense to us as as we expand activity in the southeast United States," said Rick Eckert, Envirotech Vehicles' Chief Operating Officer. Mr. Eckert continued, "We won't make commitments on a facility until we see the opportunities become reality, but we are optimistic that enough of them will that we feel it's appropriate to begin to explore locations now. Having a facility in South Florida in addition to our facilities in Porterville and Corona, California will enhance our national footprint."

About Envirotech Vehicles
ADOMANI, Inc. (DBA Envirotech Vehicles) is a provider of new zero-emission electric vehicles and is a provider of zero-emission electric drivetrain systems for integration in medium to heavy-duty commercial fleet vehicles, as well as re-power conversion kits for the replacement of drivetrain systems in combustion-powered vehicles. Envirotech Vehicles' zero-emission electric vehicles are focused on reducing the total cost of vehicle ownership and help fleet operators unlock the benefits of green technology and address the challenges of traditional fuel price cost instability and local, state and federal environmental regulatory compliance. For more information visit www.ADOMANIelectric.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 ADOMANI, Inc. (DBA Envirotech Vehicles)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," "expects," "believes," "strategy," "opportunity," "anticipates," "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.

Investor Relations Contacts:
Envirotech Vehicles
Michael K. Menerey, Chief Financial Officer
Telephone: (951) 407-9860 ext. 1205
Email: mike.m@ADOMANIelectric.com

IMS Investor Relations
John Nesbett/Jennifer Belodeau
IMS Investor Relations
203.972.9200
Email: jnesbett@institutionalms.com

SOURCE: ADOMANI, Inc.

View source version on accesswire.com:
https://www.accesswire.com/632308/Envirotech-Vehicles-To-Visit-Florida-Assembly-Sites-To-Support-Expansion

FAQ

What is ADOMANI's plan for expansion in South Florida?

ADOMANI is exploring potential sites for a new office and assembly facility in South Florida to enhance its market presence.

When is ADOMANI visiting potential assembly sites in Florida?

ADOMANI's senior executives are visiting potential assembly sites in South Florida next week.

What is the significance of the new facility for ADOMANI?

The new facility would support ADOMANI's expansion in the southeastern U.S. and enhance its national footprint alongside existing California locations.

What are the current locations of ADOMANI's facilities?

ADOMANI currently operates facilities in Porterville and Corona, California.

How does ADOMANI's expansion align with its business strategy?

The expansion aligns with ADOMANI's strategy to capitalize on opportunities in the southeastern market and strengthen its position in the electric vehicle sector.