StreetInsider.com News Articles

Envirotech Vehicles expands infrastructure platform to support 500 MW capacity

Tue, 02 Jun 2026 08:40:35 -0400

Envirotech Vehicles, Inc. (NASDAQ: EVTV) announced it has developed infrastructure to support up to 500 megawatts of planned behind-the-meter power capacity across a 548-acre campus designed for artificial intelligence and data center operations.

The company has expanded its controlled development footprint to more than 548 acres through lease agreements, development rights, and site-control arrangements. The infrastructure platform aims to serve demand from AI computing and data center growth as part of the company's previously announced merger and development agreement with AZIO AI.

EVTV currently operates approximately 6 MW of deployed digital infrastructure, with additional deployment phases underway. The company has secured dedicated

Envirotech Vehicles, Inc. (NASDAQ: EVTV) Builds out 500 MW Energy-Backed Infrastructure Platform Across 548-Acre Campus to Power Artificial Intelligence and Data Center Growth

Tue, 02 Jun 2026 08:40:00 -0400

Company Develops Large-Scale Power, Land, and Connectivity — the Resources the AI Economy Needs Most — as It Executes Its Merger and Development Agreement with AZIO AI

HOUSTON--(BUSINESS WIRE)-- Envirotech Vehicles, Inc. (NASDAQ: EVTV) (“EVTV” or the “Company”) today announced significant progress building a large-scale, energy-backed digital infrastructure platform designed to serve the accelerating power demands of artificial intelligence and data center growth, as the Company continues executing on its previously announced Merger and Development Agreement (“MDA”) with AZIO AI.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602384656/en/

Joinder of A16Z Partner Adds Two Decades of Capital Markets, M&A, and IPO Advisory Experience — Including Work on companies such as Coinbase, OpenAI, Cursor, Xai, CereBras, Openrouter, Snap, Alteryx, and GoDaddy — as the Combined Platform Advances Toward Close of the Previously Announced proposed Merger

NEWPORT BEACH, Calif., May 28, 2026 /PRNewswire/ -- AZIO AI Corp. ("AZIO AI" or the "Company"), a developer of next-generation artificial intelligence infrastructure and power-integrated data center solutions, and the merger partner of Envirotech Vehicles, Inc. (NASDAQ:

AZIO AI Appoints Andrew Omori, Partner and Head of Fund Strategy at Andreessen Horowitz, to Advisory Board, Strengthening Leadership Bench Ahead of Pending Merger with Envirotech Vehicles, Inc. (NASDA

Thu, 28 May 2026 08:30:00 -0400

AZIO AI Appoints Andrew Omori, Partner and Head of Fund Strategy at Andreessen Horowitz, to Advisory Board, Strengthening Leadership Bench Ahead of Pending Merger with Envirotech Vehicles, Inc. (NASDA

Thu, 28 May 2026 08:30:00 -0400

AZIO AI Appoints Andrew Omori, Partner and Head of Fund Strategy at Andreessen Horowitz, to Advisory Board, Strengthening Leadership Bench Ahead of Pending Merger with Envirotech Vehicles, Inc. (NASDA

Thu, 28 May 2026 08:30:00 -0400