Operational review confirms technical readiness as EVTV transitions from planning to field execution HOUSTON, TX / ACCESS Newswire / February 4, 2026 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("EVTV" or the "Company"), a U.S.-based manufacturer of purpose-built electric vehicles and specialty infrastructure platforms, today announced a significant operational advancement in its previously disclosed modular data and power infrastructure initiative in collaboration with AZIO AI Corporation ("AZIO AI"), follow ...

HOUSTON, TX / ACCESS Newswire / January 26, 2026 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech Vehicles" or "EVTV") and AZIO AI Corporation ("AZIO AI") today announced a major execution milestone under their previously disclosed scalable artificial intelligence ("AI") infrastructure program with the successful delivery, installation, and connection of a 40-foot AI data center container purpose-built for immersion-cooled computing.The container has arrived on site, been set in place, fully connec ...

HOUSTON, Jan. 21, 2026 (GLOBE NEWSWIRE) -- via IBN -- Envirotech Vehicles, Inc. (NASDAQ:EVTV) today provided an update to shareholders regarding a recently disclosed Nasdaq compliance matter, while reaffirming the Company's continued strategic momentum and execution alongside AZIO AI. The Company confirmed that the Nasdaq matter is procedural and administrative in nature, stemming solely from the need to formally complete routine annual proxy items following the Company's annual meeting. A substantial porti ...

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Group 1: Premarket Gainers - Smart Logistics Global Limited (SLGB) is up 198% at $3.67 [3] - Brand Engagement Network, Inc. (BNAI) is up 67% at $10.29 [3] - Boxlight Corporation (BOXL) is up 56% at $1.96 [3] - Moolec Science SA (MLEC) is up 51% at $6.64 [3] - Anteris Technologies Global Corp. (AVR) is up 15% at $6.63 [3] - Hycroft Mining Holding Corporation (HYMC) is up 10% at $47.20 [3] - Nathan's Famous, Inc. (NATH) is up 8% at $100.94 [3] - Progress Software Corporation (PRGS) is up 6% at $41.05 [3] - LightPath Technologies, Inc. (LPTH) is up 5% at $14.81 [3] - ZenaTech, Inc. (ZENA) is up 5% at $4.33 [3] Group 2: Premarket Losers - Top Wealth Group Holding Limited (TWG) is down 29% at $3.81 [4] - Solo Brands, Inc. (SBDS) is down 21% at $5.25 [4] - GlucoTrack, Inc. (GCTK) is down 19% at $3.07 [4] - Galaxy Payroll Group Limited (GLXG) is down 19% at $2.26 [4] - INVO Fertility, Inc. (IVF) is down 13% at $2.04 [4] - Black Titan Corporation (BTTC) is down 11% at $2.11 [4] - Envirotech Vehicles, Inc. (EVTV) is down 10% at $3.30 [4] - Erasca, Inc. (ERAS) is down 6% at $9.21 [4] - ENDRA Life Sciences Inc. (NDRA) is down 6% at $4.31 [4] - Bonk, Inc. (BNKK) is down 6% at $3.74 [4]

Core Insights - AZIO AI and Envirotech Vehicles, Inc. are executing a scalable AI infrastructure program aimed at supporting real-world compute workloads with purpose-built cooling systems and self-owned power [1][2] - The global market for AI infrastructure is rapidly expanding, measured in tens of billions of dollars annually, driven by the adoption of AI technologies and increasing energy efficiency demands [14][15] Infrastructure Design - AZIO AI's infrastructure is specifically engineered for high-density AI computing, optimizing thermal performance, power efficiency, and operational reliability from inception [3][4] - The integration of cooling and power at the infrastructure level aims to enhance performance predictability and reduce reliance on third-party utilities [4] Power Strategy - The infrastructure employs on-site, behind-the-meter power generation, allowing AZIO AI greater control over costs, uptime, and expansion timelines [5][6] - This power strategy is designed to be repeatable across future sites, facilitating faster deployment as demand increases [6] Deployment and Operations - The initial deployment in Texas utilizes natural gas from oil field sites for continuous power generation, serving as a reference environment for evaluating system performance [7][8] - Insights gained from this deployment will inform future infrastructure designs and operations in various international markets facing similar energy constraints [9][10] Performance Measurement - The system is built to handle sustained computing demands, enabling real-time performance measurement across various operational metrics [11][12] - Data collected from live operations will be used to refine infrastructure design and improve cost efficiency for larger-scale facilities [12] Modular Architecture - AZIO AI's modular design allows for incremental expansion of compute and power capacity while maintaining performance standards [13] - Initial configurations can support approximately 500 kilowatts of compute load, with pathways for scaling to multiple megawatts [13] Market Context - The demand for AI compute and supporting infrastructure is accelerating due to the rise of large language models and enterprise AI initiatives, with significant growth expected in the coming years [14][15] - AZIO AI's integrated approach positions the company to capitalize on this expanding market as deployments scale [15]

Company Highlights - Envirotech Vehicles, Inc. (NASDAQ:EVTV) experienced a price surge to $1.37, marking an increase of approximately 195.83%, driven by investor optimism around zero-emission electric vehicles and a merger framework with AZIO AI [1][6] - Lulu's Fashion Lounge Holdings, Inc. (LVLU) recorded a price jump to $14.94, translating to a 120.75% increase, benefiting from strong e-commerce trends and a 5% stake acquisition by Friedland Enterprises advocating for governance reforms [2][6] - Wheels Up Experience Inc. (UP) saw its price increase to $1.09, up by 61.98%, as interest in private aviation services rebounds, although trading volume declined by 57% from the average [3] - Biodesix, Inc. (BDSX) had its price rise to $8.42, a 54.21% increase, driven by advancements in diagnostic solutions and positive preliminary revenue results for Q4 and full-year 2025 [4] Industry Trends - The movements in these companies reflect a mix of sector-specific trends, including the growing emphasis on sustainable transportation, innovative healthcare solutions, and the rebound in travel and e-commerce [5]

Core Viewpoint - Envirotech Vehicles (EVTV) shares surged over four times after announcing a preliminary merger with Azio AI, with a reference price set at $3 per share, and the excitement was further fueled by Azio securing a $107 million government contract in Southeast Asia [1][4]. Company Developments - The potential merger with Azio AI is expected to transition Envirotech Vehicles from a niche electric vehicle manufacturer to a company with significant exposure to artificial intelligence, which may lead to a premium valuation for EVTV shares in the future [3]. - The $107 million contract enhances credibility and provides near-term revenue visibility, reinforcing the strategic value of the merger [4]. Technical Analysis - Despite being a speculative penny stock, technical indicators suggest further upside potential for EVTV shares, as the recent surge has pushed the stock above major moving averages, indicating bullish control [5]. - The medium-term relative strength index (50-day) is around 59, suggesting that upward momentum may still have room to grow [6]. - With a market cap of less than $10 million and a sales multiple of 0.3x, EVTV presents an intriguing speculative investment opportunity that could yield significant returns with modest operational improvements or new contracts [6]. Market Coverage - Currently, Envirotech Vehicles does not receive coverage from Wall Street analysts, which may limit its ability to attract institutional investment and leaves investors to independently assess risks and future prospects [7][8].

Core Insights - AZIO AI has secured a binding purchase order for 256 units of Nvidia B300 GPUs, leading to approximately $107 million in contractual revenue from a major government initiative in Southeast Asia [1][2] - The company is also in the process of acquiring Azio Corp's AI division, which recently recognized $2.8 million in revenue from the delivery of 8 Nvidia B200 GPUs [2] - AZIO AI's merger framework with Envirotech Vehicles (NASDAQ: EVTV) has established a reference transaction value of $3.00 per share, pending customary closing conditions [2] Government Execution and Revenue Potential - Following the successful Southeast Asia contract, AZIO AI is engaged in multiple additional government initiatives in the region, which could represent up to $200 million in potential incremental revenue, subject to contract finalization and execution timelines [3] - The company has demonstrated its capability to execute complex government contracts, as highlighted by the delivery of approximately $100 million in contractual revenue from a regional program [4] Company Overview - AZIO AI is positioned as a next-generation artificial intelligence infrastructure and high-performance computing platform, focusing on scalable and power-efficient AI data centers for government, enterprise, and industrial applications [4]

Leadership Background — David Shiue LOS ANGELES, Jan. 6, 2026 /PRNewswire/ -- AZIO AI, Inc. ("AZIO AI"), a next-generation artificial intelligence infrastructure and compute platform, today announced growing support from a group of new strategic investors, including large corporate participants across the AI data-center and supply-chain ecosystem, as the Company advances toward completion of its proposed merger and related equity transactions with Envirotech Vehicles, Inc. (NASDAQ: EVTV). The proposed busin ...

Market Overview - U.S. stocks showed mixed performance with the Nasdaq Composite gaining over 50 points, while the Dow decreased by 0.03% to 48,962.01 and the S&P 500 rose by 0.14% to 6,911.52 [1] - Energy shares increased by 2.9%, while utilities stocks fell by 2.2% [1] Company Earnings - AngioDynamics, Inc. reported better-than-expected second-quarter results with an adjusted EPS of $0.00, surpassing market estimates of a loss of $0.10 per share. Sales reached $79.433 million, exceeding expectations of $76.300 million [2] Commodity Prices - Oil prices rose by 0.5% to $58.58, gold increased by 0.6% to $4,477.40, silver gained 2.4% to $78.505, and copper rose by 1.4% to $6.0565 [5] European Market Performance - European shares were mostly higher, with the eurozone's STOXX 600 gaining 0.3%, Spain's IBEX 35 Index rising 0.5%, London's FTSE 100 increasing by 1%, Germany's DAX gaining 0.4%, and France's CAC 40 slipping by 0.3% [6] Asian Market Performance - Asian markets closed mostly higher, with Japan's Nikkei 225 up 1.32%, Hong Kong's Hang Seng Index up 1.38%, China's Shanghai Composite surging 1.50%, while India's BSE Sensex fell by 0.44% [7] Notable Stock Movements - Alumis Inc. shares surged 148% to $20.54 following positive Phase 3 trial results for envudeucitinib in psoriasis [8] - Envirotech Vehicles, Inc. shares rose 73% to $0.6699 after announcing a merger transaction [8] - Cyclerion Therapeutics Inc. shares increased by 54% to $2.13 due to an expanded collaboration with Medsteer [8] - Instil Bio Inc. shares dropped 53% to $5.78 after discontinuing clinical development of AXN-2510 [8] - MOBIX LABS, INC. shares fell 45% to $0.18 following a $6.0 million stock offering [8] - BitVentures Ltd – ADR shares decreased by 23% to $11.40 [8] Economic Indicator - The Logistics Manager's Index declined for the second consecutive month to 54.2 in December, down from 55.7 in the previous two months [9]