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EVTV) Announces Expanded Service Center Capability In New Jersey By Investing.com

World News 9 M 1440052127

OSCEOLA, AR / ACCESS Newswire / January 22, 2025 / Environmental technology vehicles (NASDAQ:), today announces significant improvements to its electric vehicle service center in Manalapan, New Jersey, positioning the company for accelerated growth and success in the Garden State’s rapidly expanding zero-emission vehicle market.

In anticipation of delivering additional Envirotech vehicles 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 battery balancing and service equipment and capabilities. This will allow Envirotech customers to repair vehicles and return to service faster.

“Envirotech is steadfast in our commitment to expanding our service center capabilities in New Jersey, ensuring continued support for our current and future customers,” he said. Jason Maddox, President, Envirotech Vehicles. “As adoption of electric commercial vehicle technology accelerates in New Jersey, our investment reflects our belief in the tremendous growth potential in this market. We recognize and commend New Jersey companies for their leadership as early adopters of zero-emission technology, and we are proud to stand alongside them by strengthening the infrastructure Our services infrastructure to support their transformational missions.”

In addition to the newly added battery service and balance capability, the Envirotech EV Service Center features multi-point vehicle inspection and repair, including tires and brakes.

Envirotech’s Jason Maddox added: “The enhanced vehicle service center capabilities position Envirotech to support the new line of electric delivery trucks and vans that the company intends to introduce to the New Jersey market in 2025. We intend to make these vehicles available to New Jersey businesses under the NJ ZIP program.”

NJ ZIP is a $90 million pilot voucher launched by the New Jersey Economic Development Authority (“NJEDA”) for medium- and heavy-duty zero-emission vehicles. This pilot program is funded by Regional Greenhouse Gas Initiative (“RGGI”) proceeds allocated to NJEDA for the purposes of reducing harmful emissions, particularly in communities disproportionately impacted by transportation emissions, and creating economic opportunities within the state. The program will provide vouchers with a base value ranging from $20,000 to $175,000.

The goal of the program is to accelerate the adoption and use of medium- and heavy-duty zero-emission vehicles within New Jersey; To reduce emissions within the country; and continue to allow NJEDA to identify and drive market readiness, evaluate the effectiveness of funding levels and program design, and test methodologies for measuring the economic impact of such adoption. The pilot program is being used as a way to support the growth of New Jersey’s zero-emission vehicle ecosystem, with accelerated adoption of zero-emission vehicles being the first step to attracting more jobs and investment, as other zero-emission vehicle programs and regulations begin to be implemented across multiple state agencies.

Business owners interested in learning about Envirotech’s vehicle offering under NJ ZIP, and what vouchers may be available to them from the New Jersey Economic Development Authority, should contact Envirotech at https://evtvusa.com/contact-evtv/

About Envirotech Composites
Envirotech Vehicles, Inc. (NASDAQ:) is a technology company dedicated to revolutionizing the electric vehicle landscape by designing and manufacturing electric commercial vehicles that deliver sustainable, efficient and cost-effective transportation solutions. Envirotech is committed to driving the future of mobility, pushing the boundaries of innovation and sustainability. For more information, visit www.evtvusa.com

Cautionary statement regarding forward-looking statements
Statements in this press release that relate to future plans, events, financial results, prospects or performance are forward-looking statements. Although they are based on management’s current expectations and beliefs, these 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 news 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 that contain the words “will,” “estimated,” “planned,” “expected,” “believe,” and “ Strategy”, “opportunity”, “anticipated”, “prospects”, “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.

communication:
Envirotech Vehicles, Inc
Merrick Albert, Chief Communications Officer
Phone: (870) 970-3355
Email: merrick@evtvusa.com

source: Envirotech Vehicles, Inc

View the original press release on ACCESS Newswire



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2025-01-23 04:36:00

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