Envirotech Vehicles, Inc. (NASDAQ:EVTV) Announces Delivery of Electric Vans to FedEx
Envirotech Vehicles (NASDAQ:EVTV) has delivered two demonstration electric delivery vans to FedEx Delivery Service Partners (DSPs), including Dreaming Green Corp. in Connecticut. The mid-roof electric vans will be used for package delivery services. Dreaming Green Corp. expects monthly savings of $1,800 in fuel and maintenance costs per vehicle. With Connecticut gas prices over $3.00/gallon and diesel near $3.70, the combination of cost savings and zero emissions makes Envirotech vehicles attractive for fleet operators. PLUGD, an EV financing company, facilitated the introduction and provides financing options for companies scaling their electric fleets.
Envirotech Vehicles (NASDAQ:EVTV) ha consegnato due furgoni elettrici dimostrativi per la consegna a FedEx Delivery Service Partners (DSPs), incluso Dreaming Green Corp. nel Connecticut. I furgoni elettrici a tetto medio saranno utilizzati per i servizi di consegna pacchi. Dreaming Green Corp. prevede un risparmio mensile di $1,800 nei costi di carburante e manutenzione per veicolo. Con i prezzi della benzina nel Connecticut superiori a $3,00/gallone e il diesel vicino a $3,70, la combinazione di risparmi sui costi ed emissioni zero rende i veicoli Envirotech molto interessanti per gli operatori di flotte. PLUGD, un'azienda di finanziamento per veicoli elettrici, ha facilitato l'introduzione e offre opzioni di finanziamento per le aziende che stanno ampliando le loro flotte elettriche.
Envirotech Vehicles (NASDAQ:EVTV) ha entregado dos furgones eléctricos de demostración a FedEx Delivery Service Partners (DSPs), incluyendo a Dreaming Green Corp. en Connecticut. Los furgones eléctricos de techo medio se utilizarán para servicios de entrega de paquetes. Dreaming Green Corp. espera un ahorro mensual de $1,800 en costos de combustible y mantenimiento por vehículo. Con los precios de gasolina en Connecticut superiores a $3.00/galon y el diésel cerca de $3.70, la combinación de ahorro de costos y cero emisiones hace que los vehículos de Envirotech sean atractivos para los operadores de flotas. PLUGD, una empresa de financiamiento de vehículos eléctricos, facilitó la introducción y ofrece opciones de financiamiento para empresas que están ampliando sus flotas eléctricas.
Envirotech Vehicles (NASDAQ:EVTV)는 FedEx Delivery Service Partners (DSPs)에게 두 대의 전기 배달 밴을 시연용으로 전달했습니다. 이 중 한 대는 코네티컷에 있는 Dreaming Green Corp.에 배정되었습니다. 이 중형 지붕 전기 밴은 패키지 배달 서비스에 사용될 예정입니다. Dreaming Green Corp.는 차량당 연료 및 유지보수 비용으로 매달 $1,800의 절감을 기대하고 있습니다. 코네티컷의 가솔린 가격이 갤런당 $3.00 이상, 디젤은 $3.70에 가까운 상황에서 비용 절감과 제로 배출의 조합은 Envirotech 차량을 플릿 운영자에게 매력적으로 만듭니다. PLUGD는 전기차 금융회사로, 도입을 원활하게 하고 전기 플릿을 확장하는 기업을 위한 금융 옵션을 제공합니다.
Envirotech Vehicles (NASDAQ:EVTV) a livré deux fourgons de livraison électriques de démonstration à FedEx Delivery Service Partners (DSPs), y compris Dreaming Green Corp. dans le Connecticut. Les fourgons électriques à toit moyen seront utilisés pour les services de livraison de colis. Dreaming Green Corp. s'attend à des économies mensuelles de $1,800 en coûts de carburant et de maintenance par véhicule. Avec des prix de l'essence au Connecticut supérieurs à $3,00/gallon et du diesel proche de $3,70, la combinaison d'économies de coûts et d'émissions nulles rend les véhicules Envirotech attrayants pour les opérateurs de flotte. PLUGD, une société de financement pour véhicules électriques, a facilité l'introduction et propose des options de financement pour les entreprises qui développent leur flotte électrique.
Envirotech Vehicles (NASDAQ:EVTV) hat zwei Demonstrations-Elektrolieferwagen an FedEx Delivery Service Partners (DSPs) geliefert, darunter Dreaming Green Corp. im Connecticut. Die Elektro-Lieferwagen mit mittelhohem Dach werden für Paketlieferdienste eingesetzt. Dreaming Green Corp. erwartet monatliche Einsparungen von $1,800 bei den Brennstoff- und Wartungskosten pro Fahrzeug. Bei Brennstoffpreisen von über $3,00 pro Gallone und Diesel von nahezu $3,70 macht die Kombination aus Kosteneinsparungen und null Emissionen die Fahrzeuge von Envirotech für Flottenbetreiber attraktiv. PLUGD, ein Unternehmen für die Finanzierung von Elektrofahrzeugen, hat die Einführung erleichtert und bietet Finanzierungsoptionen für Unternehmen, die ihre Elektroflotten erweitern.
- Secured demonstration deliveries to FedEx DSPs, expanding market presence
- Customer projects $1,800 monthly savings per vehicle in fuel and maintenance costs
- Potential for fleet expansion as other FedEx DSPs show interest
- Current delivery to only two demonstration vehicles
- Success of the program still pending evaluation
Insights
The delivery of electric vans to FedEx DSPs marks a significant milestone for Envirotech Vehicles. The projected
The partnership with PLUGD for financing solutions addresses a important barrier to EV adoption - upfront costs. The potential for fleet expansion through other interested FedEx DSPs could create a substantial revenue stream. However, investors should note that these are demonstration vehicles and full-scale adoption will depend on real-world performance validation.
The operational advantages of these electric delivery vans extend beyond mere cost savings. The reduced maintenance requirements and improved reliability of EVs can significantly enhance delivery efficiency and uptime. The mid-roof design is particularly suitable for last-mile delivery operations, offering optimal cargo space while maintaining maneuverability in urban environments.
The potential for fleet expansion through other FedEx DSPs represents a strategic entry point into the lucrative last-mile delivery market. Success in this initial deployment could lead to broader adoption across FedEx's extensive network of 6,000+ DSPs, representing a substantial market opportunity.
OSCEOLA, AR / ACCESSWIRE / November 27, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), today announced it has delivered two demonstration delivery vans to two FedEx Delivery Service Partners ("DSPs"), including Dreaming Green Corp. in Connecticut.
These mid-roof electric delivery vans will be put into service to deliver packages to homes and businesses in Connecticut.
Dreaming Green Corp.'s owner Nelson Pinhancos emphasized the immediate cost savings Envirotech electric delivery vans are expected to deliver to his business. "We are excited to begin testing the Envirotech electric delivery van. We estimate a monthly savings of
With the average price per gallon of gasoline in Connecticut higher than
Phil Oldridge, CEO of Envirotech, emphasized how Envirotech's electric vehicles were created to address the needs of business owners. "Envirotech is proud to serve business owners from California to Connecticut as we help them reduce their operating costs and increase their on-time delivery performance. First mile, last mile delivery companies know how impactful monthly saving of one to two thousand dollars per vehicle is for their bottom line. And successful deliveries with no emissions are a mark of pride for every owner of an Envirotech vehicle."
Dreaming Green Corp.'s owner Nelson Pinhancos added: "We expect this test program to be a success. And we look forward to then scaling up our Envirotech electric fleet. Other FedEx DSPs have already shown interest in joining us."
PLUGD, the electric vehicle financing company, introduced Dreaming Green Corp. and other FedEx DSPs to Envirotech. As such companies scale their electric fleets, PLUGD provides financing, ownership, and leasing options to them.
About Envirotech Vehicles
Envirotech Vehicles, Inc. (NASDAQ:EVTV) is a technology company dedicated to revolutionizing the electric vehicle landscape by designing and manufacturing electric commercial vehicles that offer sustainable, efficient, and cost-effective transportation solutions. Committed to driving the future of mobility, Envirotech is pushing the boundaries of innovation and sustainability. 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 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 "will," "estimated," "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 undertakes no obligation to update or revise any forward-looking statements to reflect new information, changed circumstances, or unanticipated events.
CONTACT:
Envirotech Vehicles, Inc.
Merrick Alpert, Chief Communications Officer
Telephone: (870) 970-3355
Email: merrick@evtvusa.com
SOURCE: Envirotech Vehicles, Inc.
View the original press release on accesswire.com
FAQ
How many electric vans did Envirotech (EVTV) deliver to FedEx DSPs in November 2024?
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Which FedEx DSP partner received Envirotech (EVTV) electric vans in Connecticut?
