• $22.0M
    Market Cap
  • N/A
    1-Year Change
  • Software - Infrastructure
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: N/A
  • True Yield: N/A
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Latest Research & News

Envirotech Vehicles Reaffirms Momentum With AZIO AI and Provides Update on Nasdaq Compliance Process

Envirotech Vehicles (NASDAQ:EVTV) provided an update on a Nasdaq compliance matter related to completing routine annual proxy items and establishing quorum. The company clarified that the matter is procedural and administrative, not related to operating performance or business fundamentals. EVTV reaffirmed its strategic execution with AZIO AI remains active and central to long-term value creation, with any potential merger requiring a separate shareholder vote.

01/21/2026, 1:56 PM • Benzinga

Envirotech Vehicles Reaffirms Momentum With AZIO AI and Provides Update on Nasdaq Compliance Process

Envirotech Vehicles (NASDAQ:EVTV) disclosed a procedural Nasdaq compliance matter related to completing routine annual proxy items and establishing quorum at its annual meeting. The company reaffirmed that this administrative issue does not affect operations or financial condition. EVTV continues advancing its strategic framework with AZIO AI, focusing on AI infrastructure, energy systems, and mobility solutions, with any potential merger subject to future shareholder approval.

01/21/2026, 1:56 PM • GlobeNewswire

AI Deal Turns Beaten-Down EV Stock Into A Market Mover

Envirotech Vehicles (EVTV) announced an Amended and Restated Letter of Intent to acquire AZIO AI Corporation for $480 million in an all-stock deal. Under the agreement, AZIO AI would become a wholly owned subsidiary of EVTV, with AZIO AI's CEO Chris Young becoming EVTV's CEO at closing. The announcement drove EVTV shares up 49.77% in premarket trading, though the stock has lost roughly 99% of its value over the past five years.

01/06/2026, 9:06 AM • Benzinga

Envirotech Vehicles Unveils Exclusive AI Infrastructure Expansion Framework With AZIO AI

Envirotech Vehicles (EVTV) announced a strategic acquisition framework with AZIO AI Corporation to expand into AI infrastructure, focusing on mobility, agriculture, and drone operations across emerging markets.

12/16/2025, 7:30 AM • Benzinga

Peers

Statistics

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Day Range
$1.35
$1.59
$1.51
1-Year Range
$1.43
$1.97
$1.51
Latest Close$1.51
Change
+$0.08 (+5.30%)
Volume364,857
Market Cap$22.0M
Shares Outstanding15.4M
P/E (TTM)-0.03
Diluted EPS (TTM)-$42.49
Enterprise Value$28.0M

Information as of 08/03/2026

Company Profile

AZIO AI HOLDINGS INC
https://www.evtvusa.com
$22.0M
Market Cap
-$29.1M
Net Income
Sector: Technology
Industry: Software - Infrastructure
7510 Ardmore Street, Houston, TX, United States, 77054
870 970 3355

Azio AI Holdings, Inc. manufactures and provides zero-emission electric vehicles in the United States. It offers class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also provides vehicle maintenance and safety inspection services; and AI infrastructure hosting services. The company serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities. Azio AI Holdings, Inc. was formerly known as Envirotech Vehicles, Inc. and changed its name to Azio AI Holdings, Inc. in July 2026. The company is headquartered in Houston, Texas.

Key Executives

  • Jason Maddox
  • Elgin Tracy
  • Phillip W. Oldridge
  • Merrick Alpert
  • Richard Ross

Current Ownership Distribution

  • Insiders21.3M (87.50%)
  • Institutions2.5M (10.34%)
  • Mutual Funds524,766 (2.16%)
  • Other0 (0.00%)