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OSCEOLA, AR / ACCESS Newswire / January 22, 2025 / Envirotech Vehicles Inc. (NASDAQ:), today announced a major expansion at its electric vehicle service center in Manalapan, New Jersey, positioning the company for rapid growth and success in the rapidly growing automotive market in the Garden State. .
In anticipation of additional Envirotech vehicles being delivered to customers under the New Jersey Zero-Emission Inventive Program (“NJ ZIP”), the company has expanded the capacity of its New Jersey service center by adding balance battery and service equipment and capacity. This will allow Envirotech’s customers to repair vehicles and get back into operation faster.
“Envirotech remains committed to expanding the capabilities of our New Jersey service center, ensuring we provide ongoing support to our current and future customers,” it said. Jason Maddox, President of Envirotech Vehicles. “As adoption of electric commercial vehicle technology continues to accelerate in New Jersey, our investment reflects our belief in the potential for significant growth in this market. We recognize and commend New Jersey businesses for their leadership they see themselves as early adopters of zero-emission technology, and we are proud to stand with them by improving our services to support their transformational efforts.”
In addition to newly added battery service and balancing capabilities, Envirotech’s electric vehicle service center offers detailed vehicle inspections and repairs, including tires and brakes.
Envirotech’s Jason Maddox added: “The improved vehicle service center capabilities position Envirotech to support the new line of electric cars and trucks that the company plans to introduce to the New Jersey market. by 2025. We intend to make those vehicles available to New Jersey businesses under the NJ ZIP program.”
NJ ZIP is the driver of $90 million in vouchers launched by the New Jersey Economic Development Authority (“NJEDA”) for Zero-Emission Medium- and Heavy-Duty Vehicles. The pilot is funded by the Regional Greenhouse Gas Initiative (“RGGI”) assigned to NJEDA with the objective of reducing harmful emissions, particularly in cities disproportionately affected by transportation emissions, and creating economic opportunities within the country. The program will award vouchers with base values between $20,000 and $175,000.
The goal of the program is to accelerate the adoption and use of zero-emission medium and heavy vehicles within New Jersey; reducing domestic emissions; and continue to allow NJEDA to decide and stimulate market readiness, to evaluate the effectiveness of financial conditions and program planning, and to test methods to measure the economic impact of such adoption. The test is being used as a vehicle to support the growth of NJ’s zero-emissions environment, with the rapid adoption of zero-emission vehicles as the first step to attracting more jobs and investment, as other vehicle programs and regulations are ongoing. across many government agencies.
Business owners interested in learning about Envirotech’s NJ ZIP drive, and what vouchers they can receive from the New Jersey Economic Development Authority should contact Envirotech at https://evtvusa.com/contact-evtv/
About Envirotech Vehicles
Envirotech Vehicles, Inc. (NASDAQ:) is a technology company committed to revolutionizing the electric vehicle landscape by designing and manufacturing electric commercial vehicles that provide sustainable, efficient and affordable transportation solutions. Committed to driving the future of mobility, Envirotech pushes the boundaries of innovation and sustainability. For more information, visit www.evtvusa.com
Caution Regarding Forward-Looking Statements
Statements made in this press release relating to future plans, events, financial results, expectations, or performance are forward-looking statements. Although based on management’s current expectations and beliefs, such forward-looking statements are subject to numerous risks, uncertainties, assumptions, and other factors that could cause actual results to differ materially from such expectations. described in this press release, including 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 may be considered forward-looking statements, including statements containing the words “will,” “estimate,” “intended,” “anticipated,” “believe,” “strategy,” “strategy,” “opportunity,” “expected,” “vision,” “design,” and similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of that date. Except as required by law, Envirotech undertakes no obligation to update or revise forward-looking statements to reflect new information, changed conditions or unanticipated events.
Contact:
Envirotech Vehicles, Inc.
Merrick Alpert, Chief Communications Officer
Phone: (870) 970-3355
Email: merrick@evtvusa.com
SOURCE: Envirotech Vehicles, Inc.
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