Envirotech Vehicles (EVTV) to Acquire Kymera

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Envirotech Vehicles, Inc. Signs Letter of Intent to Acquire Kymera - A Company Twice Featured On ABC's Shark Tank

May 15, 2025 9:04 AM EDT

HOUSTON, TX / ACCESS Newswire / May 15, 2025 / Envirotech Vehicles, Inc. (NASDAQ: EVTV) ("Envirotech" or the "Company") today announced the signing of a non-binding Letter of Intent ("LOI") to acquire the assets of Kymera, a manufacturer of marine craft. The Company intends for the business to serve as the foundation of Envirotech's new marine division. As planned, Envirotech intends to enter the electric marine mobility space with the acquisition, reinforcing its long-term vision to deliver next-generation, zero-emission transportation across land,... More