Envirotech Vehicles Takes Delivery of 40 Zero Emission Vehicles at its Corona, California Headquarters

Rhea-AI Summary

Envirotech Vehicles, Inc. (EVTV) has announced the delivery of 40 zero-emission vehicles, including low and high roof vans and trucks, to its headquarters in Corona, California. This increase in inventory is aimed at meeting growing demand for their electric fleet. Currently, Envirotech has approximately 50 vehicles available, with 40 committed to customers through purchase orders. CEO Phillip Oldridge praised the team's efforts in facilitating swift customs clearance, allowing for prompt vehicle processing to fulfill existing orders.

Positive

• Delivery of 40 new zero-emission vehicles enhances inventory.
• Approximately 40 of the 50 vehicles in inventory are committed to customers.
• Efficient customs processing allows for quicker delivery to customers.

Negative

• None.

CORONA, CA / ACCESSWIRE / November 30, 2021 / Envirotech Vehicles, Inc. (OTCQB:EVTV), a provider of new zero-emission, purpose-built electric vehicles, today announced that the Company has received delivery of 40 total vehicles, comprised of two low roof vans, 18 high roof vans and 20 trucks, to its Corona, California headquarters.

"We're extremely excited to receive these vehicles as we grow our inventory to meet the increasing demand for our best-in-class fleet of electric trucks and vans," commented Phillip Oldridge, CEO of Envirotech Vehicles. "Kudos to our team for getting the vehicles shipped in a manner that facilitated quickly getting through customs in light of the current backup at the ports. With this delivery, we now have approximately 50 vehicles in our inventory for sale, approximately 40 of which are committed to customers through firm purchase orders. We are working quickly to process these vehicles as we receive them, to make them customer-ready as soon as possible, so that we can continue to efficiently convert the growing number of purchase orders and LOIs that we are receiving into deliveries."

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. (formerly ADOMANI, 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: jnesbett@imsinvestorrelations.com

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

SOURCE: Envirotech Vehicles, Inc

View source version on accesswire.com:
https://www.accesswire.com/675207/Envirotech-Vehicles-Takes-Delivery-of-40-Zero-Emission-Vehicles-at-its-Corona-California-Headquarters

FAQ

What recent announcement did Envirotech Vehicles (EVTV) make regarding vehicle deliveries?

Envirotech Vehicles announced the delivery of 40 zero-emission vehicles to its headquarters in Corona, California.

How many vehicles does Envirotech Vehicles currently have for sale?

Envirotech Vehicles currently has approximately 50 vehicles in its inventory for sale.

What types of vehicles did Envirotech Vehicles deliver?

The recent delivery included two low roof vans, 18 high roof vans, and 20 trucks.

How many of Envirotech Vehicles' inventory are committed to customers?

Approximately 40 of the 50 vehicles in inventory are committed to customers through firm purchase orders.

What is the significance of the recent vehicle delivery for Envirotech Vehicles' operations?

The delivery is significant as it helps Envirotech Vehicles meet the increasing demand for its electric trucks and vans.