Envirotech Vehicles Delivers One Van to New Jersey Customer

Rhea-AI Summary

Envirotech Vehicles (OTCQX:EVTV) delivered another electric van to a customer in New Jersey, increasing the total deliveries under the NJ Zip voucher program to seven. CEO Phillip Oldridge noted a substantial rise in order activity over the past year, although supply chain challenges persist. The company is committed to expanding inventory to meet the increasing demand for its electric vehicles. Envirotech focuses on providing zero-emission vehicles, improving the total cost of ownership, and assisting various sectors in transitioning to greener technologies.

Positive

• Increased total vehicle deliveries to seven in New Jersey.
• Significant rise in order activity over the past year.
• Commitment to expanding inventory to meet rising demand.

Negative

• Supply chain constraints continue to impact operations.

OCESOLA, AR / ACCESSWIRE / June 14, 2022 / Envirotech Vehicles, Inc. (OTCQX:EVTV), a provider of new zero-emission, purpose-built electric vehicles (the "Company"), announced today that it has delivered one additional van to a customer in New Jersey, bringing the cumulative total of vehicles delivered in New Jersey to recipients of NJ Zip vouchers to seven thus far.

"We're pleased to deliver another one of our industry-leading electric cargo-vans to a valued customer in New Jersey looking to modernize their fleet by transitioning to fully electric, zero-emission transportation alternatives," Phillip Oldridge, CEO of Envirotech Vehicles, commented. "We've seen a considerable increase in order activity for our vehicles over the past twelve months. While supply chain constraints remain an issue throughout the industry, we are encouraged by this delivery and are working diligently to expand our inventory to meet the growing demand for our vehicles and fulfill existing purchase orders in a timely manner."

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. We serve commercial and last-mile fleets, school districts, public and private transportation service companies and colleges and universities to meet the increasing demand for heavy-duty electric vehicles. Our 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
IMS Investor Relations
John Nesbett/Jennifer Belodeau
Telephone: 203.972.9200
Email: evtv@imsinvestorrelations.com

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

Envirotech Vehicles
Susan Emry, Executive Vice President
Telephone: (870) 970-3355 ext. 1001
Email: sue.e@evtvusa.com

SOURCE: Envirotech Vehicles, Inc

View source version on accesswire.com:
https://www.accesswire.com/705102/Envirotech-Vehicles-Delivers-One-Van-to-New-Jersey-Customer

FAQ

What recent delivery did Envirotech Vehicles announce?

Envirotech Vehicles announced the delivery of an additional electric van to a customer in New Jersey, bringing the total deliveries to seven.

What is the impact of supply chain constraints on Envirotech Vehicles?

Supply chain constraints remain an issue for Envirotech Vehicles, affecting their ability to fulfill existing purchase orders in a timely manner.

How many orders has Envirotech Vehicles received in the past year?

Envirotech Vehicles has seen a significant increase in order activity over the past twelve months.

What type of vehicles does Envirotech Vehicles provide?

Envirotech Vehicles provides purpose-built, zero-emission electric vehicles aimed at various sectors including commercial fleets and public transportation.

What market does Envirotech Vehicles serve?

Envirotech Vehicles serves the commercial fleet market, including last-mile logistics, school districts, and transportation services.