EVTV Merger Framework with AZIO AI Highlights $3 Per Share Reference and $100M Government Deal
Market Chameleon (Tue, 13-Jan 6:06 AM ET)
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PRNewswire (Mon, 12-Jan 7:00 AM ET)
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Morning Market Pulse: AI, Autonomy, and National Security Drive the Narrative at the Open
Globe Newswire (Tue, 6-Jan 9:52 AM ET)
EVTV Executes Transformational AZIO AI Acquisition Framework at $3.00 Per Share
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AZIO AI Provides Additional Details on Letter of Intent with NASDAQ-Listed Envirotech Vehicles
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Envirotech Vehicles Unveils Exclusive AI Infrastructure Expansion Framework With AZIO AI
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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. It recognizes revenue from the sales of zero-emission electric vehicles and vehicle maintenance and inspection services. The Company serves commercial and last-mile fleets, school districts, public and private transportation service companies and colleges and universities to meet the increasing demand for light to heavy-duty electric vehicles.
Envirotech Vehicles trades on the NASDAQ stock market under the symbol EVTV.
As of January 20, 2026, EVTV stock price climbed to $4.09 with 5,046,168 million shares trading.
EVTV has a beta of 1.34, meaning it tends to be more sensitive to market movements. EVTV has a correlation of 0.01 to the broad based SPY ETF.
EVTV has a market cap of $19.75 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, EVTV traded as high as $40.90 and as low as $.33.
The top ETF exchange traded funds that EVTV belongs to (by Net Assets): VXF.
EVTV has underperformed the market in the last year with a return of -63.8%, while SPY returned +16.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in EVTV shares. However, EVTV has outperformed the market in the last 3 month and 2 week periods, returning +200.7% and +909.9%, while SPY returned +3.8% and +0.1%, respectively. This indicates EVTV has been having a stronger performance recently.
EVTV support price is $2.98 and resistance is $4.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EVTV shares will trade within this expected range on the day.
