
Additional Units Set for Delivery in Coming
Days, Weeks, and Months
HOUSTON, TX --
July 1, 2025 -- InvestorsHub NewsWire -- Envirotech
Vehicles, Inc. (NASDAQ:EVTV)
("Envirotech," "EVT", or the "Company") is excited to announce the
initiation of full commercial-stage operations in the Company's
electric school bus vertical with its first three deliveries of its
EVT Bumble Bee electric school bus to the independent school
districts of Freer, Blanket, and Waelder, Texas.
Funding for the buses is provided by the United States
Environmental Protection Agency ("EPA") as part of the Clean School
Bus ("CSB") Program. The purpose of the CSB Program is to provide
$5 billion over five years (FY 2022-2026) to replace existing
school buses with zero-emission and clean school buses.
Under the CSB Program, Envirotech expects to deliver 25 total
electric buses to school districts in Texas and Arkansas, with an
aggregate of $8,570,000 awarded under the CSB Program to support
these deliveries.
Management expects to deliver an additional EVT "Bumble Bee"
electric school bus this week to another Texas independent school
district. The EVT fast charging 100% electric school buses being
delivered get up to 150 miles range and have zero emissions and
zero noise pollution.
The Bumble Bee offers significant benefits over conventional fossil
fuel powered buses:
-
Zero tailpipe
emissions-students, drivers, and members of the community will be
exposed to significantly less harmful diesel emissions like
particulate matter and nitrogen oxides.
-
Reduced greenhouse
gas emissions compared to diesel school buses.
-
Reduced
maintenance costs due to: regenerative braking, no engine or
exhaust system.
-
Potential for
reduced fuel costs compared to diesel depending on electricity
costs.
-
Quiet, clean
operation.
"Kicking off unit shipping for
our EVT Bumble Bee line demonstrates the continuing growth and
maturation of Envirotech's electric vehicle
segment," said Jason Maddox, President and Interim Chief
Financial Officer of Envirotech. "We are honored to serve the students of
Blanket, Freer, and Waelder. We express our thanks to the EPA for
the Clean School Bus Program and the agency's commitment to the
health and safety of America's school children, and we welcome the
opportunity to serve additional Texas school districts in the near
future."
Freer ISD Superintendent of Schools, Conrad Cantu, expressed Freer
ISD's excitement at receiving the first electric bus in the ISD's
history: "Freer ISD is proud
to receive our first "Bumble Bee" electric school bus from EVT. We
are grateful to the EPA's Clean School Bus Program for the funding
that made it possible. The students of Freer ISD will benefit
greatly from the zero emissions bus and can expect a quiet and
clean ride to and from school."
Blanket ISD Superintendent of Schools, David Whisenhunt, spoke
about Blanket ISD receiving the first electric bus in the ISD's
history: "Blanket ISD has
received our first "Bumble Bee" electric school bus from EVT. We
thank the team at Envirotech Vehicles and the EPA's Clean School
Bus Program for making this possible. Our students will be
delighted to ride in a zero emissions electric bus."
Waelder ISD Superintendent of Schools, Dr. Ron Lilie,
commented: "Waelder ISD is
excited to have received our first "Bumble Bee" electric school bus
from EVT. We would like to thank Envirotech Vehicles along with the
EPA's Clean School Bus Program for making this possible. Waelder's
students will welcome the opportunity to ride in a zero emissions
electric bus."
Jason Maddox emphasized the $8,570,000 awarded under the CSB
Program towards the delivery of 25 EVT buses, as well as the
potential for future deliveries if the CSB Program receives
additional federal funding: "Delivering 25 buses against our current
EPA backlog will be a significant achievement," noted
Maddox. "We are equally
excited about the potential for a new tranche of EPA funding which
would help to support continued strong growth in electric bus
orders for Envirotech and its shareholders."
For more information on the CSB Program please visit the EPA
program website at: https:/www.epa.gov/cleanschoolbus
Business owners and potential strategic partners interested in
learning about Envirotech's technology offering are invited to
visit the Company's website and can contact the Company through the
website at https://evtvusa.com/contact-evtv/.
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 and include, but are not limited to,
statements regarding the proposed delivery of EVT electric school
buses, future grants under the CSB Program towards EVT electric
school buses, and the intended benefits and performance of EVT
electric school buses. While they are based on the current
expectations and assumptions 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. Important factors that could cause actual
results to differ materially from current expectations include,
among others, Envirotech's ability to successfully deliver electric
vehicles, Envirotech's ability to maintain compliance with The
Nasdaq Stock Market LLC listing requirements, and the other 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.
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