Envirotech Vehicles
City of Albany, New York, United States · Artificial Intelligence, Automotive, Cloud Infrastructure
Envirotech Vehicles, Inc. engages in the design, manufacture, and installation of zero-emission electric drivetrain systems for fleet vehicles. Its products and services include zero-emission vehicles and chassis; e-trikes; and Neighborhood Electric Vehicles that are enclosed vehicles with seatbelts, climate control, and fold-down rear seats.
Key facts
- Headquarters
- City of Albany, New York, United States
- Employees
- 10
- Industries
- Artificial Intelligence, Automotive, Cloud Infrastructure
- Status
- Public (AZIO)
- Website
- evtvusa.com
- Company page
Recent activity at Envirotech Vehicles
- : SEC 8-K (1.01): On September 25, 2026, Azio AI Holdings, Inc. entered into a standby equity purchase agreement (SEPA) with YA II PN, Ltd. The agreement involves an aggregate principal amount of $3.5 million to be advanced to the Company, subject to specific conditions. The amount will be evidenced by convertible promissory notes in two tranches, with an interest rate of 6%, increasing to 18% upon the occurrence of an event of default. The notes are set to mature on September 25, 2027, and may be extended under certain conditions, indicating a significant funding arrangement intended to bolster the company's financial position and operations.
- : SEC 8-K (5.03): On September 15, 2026, Azio AI Holdings, Inc. filed an amendment to the Certificate of Designation of Preferences, Rights and Limitations of the Series A Non-Voting Convertible Preferred Stock with the Delaware Secretary of State. This amendment updates the definition of 'Fundamental Transaction' to specify conditions under which a tender offer or exchange offer is applicable, particularly focusing on scenarios where more than 50% of the Common Stock not held by the Corporation is exchanged. The amendment was approved by the board and the holders of the Series A Non-Voting Convertible Preferred Stock, reflecting a strategic step to clarify the rights of these preferred stakeholders in potential corporate transactions.
- : SEC 8-K (5.02): Effective September 8, 2026, Azio AI Holdings, Inc. appointed Larry G. Paige II as a Class III director on its Board of Directors. His term will expire at the company’s annual stockholders' meeting in 2026 unless he resigns, is removed, or is disqualified. This appointment fills an existing vacancy among the Class III directors. Additionally, Mr. Paige will serve on the Audit Committee and the Compensation Committee, and he has been designated as chair of the Nominating and Corporate Governance Committee. The Board has classified him as an 'independent director' per SEC regulations and Nasdaq listing rules.
- : SEC 8-K (5.02): On July 9, 2026, Envirotech Vehicles, Inc. changed its corporate name to 'Azio AI Holdings, Inc.' by filing a Certificate of Amendment with the Delaware Secretary of State. This name change was effective immediately upon filing and does not impact the rights of the Company's stockholders. Additionally, the Company's common stock, which previously traded under the symbol 'EVTV', will begin trading under the new symbol 'AZIO' on July 13, 2026. The Board of Directors authorized this amendment, indicating a strategic rebranding initiative for the Company.
- : SEC 8-K (5.03): On June 27, 2026, the Board of Directors of Envirotech Vehicles, Inc. approved an amendment to the Company's Amended and Restated Bylaws, which was effective immediately. The amendment modifies Section 1.6 of Article I to stipulate that the presence in person or by proxy of one-third of the shares of capital stock entitled to vote at stockholder meetings constitutes a quorum. This change provides clarity on quorum requirements and may impact future meetings by streamlining decision-making processes among shareholders, influencing how the company convenes and conducts stockholder votes.
- : Envirotech Vehicles, Inc. Acquires Azio AI Corporation
- : SEC 8-K (1.01): On May 19, 2026, Envirotech Vehicles, Inc. entered into a Material Definitive Agreement for a merger with Azio AI Corporation and its subsidiary, EV-AZ Merger Sub, Inc. The agreement stipulates that at the Effective Time, Merger Sub will merge into Azio AI, which will continue as a wholly owned subsidiary of Envirotech. The merger will involve the exchange of each share of Azio AI common stock for considerations as outlined in the Merger Agreement. This strategic merger aims to bolster Envirotech's position in the market by integrating Azio AI's operations and resources. The transaction is subject to the usual conditions precedent to closing.
- : ENVIROTECH VEHICLES
- : SEC 8-K (5.02): On February 3, 2026, at the 2025 Annual Meeting of Stockholders, Envirotech Vehicles, Inc. stockholders approved a significant amendment to the 2017 Equity Incentive Plan. The amendment allows for an increase of 890,000 shares of common stock available under the plan, extends the plan's expiration from 2027 to 10 years post-approval, and prolongs the annual evergreen provision's expiration to 2035. These changes aim to enhance the company's ability to attract and retain talent through equity compensation, reflecting its commitment to long-term growth and shareholder alignment.
- : AZIO AI Secures $107 Million Contract for Government Purchase Orders and Plans Expansion in Southeast Asia.
Envirotech Vehicles funding history
| Date | Round | Amount |
|---|---|---|
| Mar 2026 | Seed | $3.9M |
| Dec 2024 | Seed | $4.4M |
| Jan 2021 | Venture | $5.8M |
Leadership
- Michael Menerey, Executive Officer, Director
- John Perkowski, Director
- Janet Boydell, Director
- Gary Nettles, Director
- Franklin Lim, CFO Advisory Consultant
- Larry G. Paige II, Director
- Jason Maddox, President
- Douglas Campoli, Joined From Arcimoto
- Chris Young, Chief Executive Officer
- William C. Miller, Chief Financial Officer
- Merrick Alpert, Chief Communications Officer
- Sir Jason Maddox, President
Verified email and direct lines for Envirotech Vehicles’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Envirotech Vehicles in the news
- Envirotech Vehicles Announces the Launch of its Fully Electric School Bus - Yahoo Finance (Nov 09, 2023)
- GreenCarNewsBreaks — Envirotech Vehicles, Inc. (NASDAQ: EVTV) Signs LOI With Studio Baffetti to Launch Ag... - Green Car Stocks (Nov 06, 2025)
- WaterWorld - Envirotech Vehicles Announces Sales & Purchase Agreement - FinancialContent (Mar 20, 2024)
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About Envirotech Vehicles: questions and answers
What does Envirotech Vehicles do?
Envirotech Vehicles, Inc. engages in the design, manufacture, and installation of zero-emission electric drivetrain systems for fleet vehicles. Its products and services include zero-emission vehicles and chassis; e-trikes; and Neighborhood Electric Vehicles that are enclosed vehicles with seatbelts, climate control, and fold-down rear seats.
Where is Envirotech Vehicles headquartered?
Envirotech Vehicles is headquartered in City of Albany, New York, United States.
How many employees does Envirotech Vehicles have?
Envirotech Vehicles has about 10 employees.
Has Envirotech Vehicles raised funding?
Yes. Fundz has recorded 3 funding events for Envirotech Vehicles. The most recent, Seed of $3.9M, was in Mar 2026.
Who leads Envirotech Vehicles?
Jason Maddox is a President at Envirotech Vehicles.
What is the latest news on Envirotech Vehicles?
On Sep 25, 2026, SEC 8-K (1.01): On September 25, 2026, Azio AI Holdings, Inc. entered into a standby equity purchase agreement (SEPA) with YA II PN, Ltd. The agreement involves an aggregate principal amount of $3.5 million to be advanced to the Company, subject to specific conditions. The amount will be evidenced b
Is Envirotech Vehicles a public company?
Yes. Envirotech Vehicles is publicly traded under the ticker AZIO.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy