Envirotech Vehicles (EVTV)
Commercial EV maker expanding into power-backed hardware systems.
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Envirotech Vehicles is a Nasdaq-listed hardware technology company built around commercial electric vehicles, power systems integration, drone development, and medical supplies. Its current EV lineup serves fleets, school districts, transportation operators, and institutions while newer drone and AI infrastructure work remains early-stage.
Envirotech Vehicles, Inc. is a Houston-based company that began as a supplier of purpose-built zero-emission commercial vehicles and now describes itself as a diversified, power-backed hardware technology company. Its EV segment offers logistics vans, urban trucks, school buses, electric forklifts, street sweepers, neighborhood EVs, and right-hand-drive vehicles for fleet operators, school districts, transportation providers, municipalities, and institutions.
The company relies on OEM partners in Asia for vehicle manufacturing and uses a developing distribution and service network for sales, warranty, and support. Since acquiring Maddox Industries, it also manufactures medical supplies for government-related demand, and it is developing heavy-lift drone platforms for agriculture, fire suppression, and forestry. In 2026, Envirotech began testing modular AI compute infrastructure with Azio AI; execution depends on financing, technical validation, regulation, and customer adoption.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $142.0K · Total debt $11.0M · Total assets $15.6M · Shareholders' equity −$12.4M
- Revenue
- $0
- Operating income
- −$5.7M
- Net income
- −$6.6M
No dividends on record.
| Institutions | ≥ 4.44% | 730.9K shares | |
|---|---|---|---|
| 23 holders · as of Jun 30, 2026 | |||
| Insiders | 1.88% | 310.2K shares | |
| 1 holder · as of Jun 6, 2025 | |||
| Other | ≤ 93.68% | 15.43M shares | |
| remainder | |||
16.47M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (16.47M in the company's Sep 23, 2026 report, 3.39M elsewhere); stakes use the report.
Institutional filings for AZIO (100% of the company) are not on file here, so the institutional figure is a floor.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Jason MaddoxInsiderofficer: President | 1.88% | 310,192 | filed Jun 6, 2025 |
Vanguard Capital Management LLCInstitution | 1.16% | 191,471 | as of Jun 30, 2026 |
Geode Capital Management, LLCInstitution | 0.68% | 112,348 | as of Jun 30, 2026 |
Millennium Management LLCInstitution | 0.53% | 86,573 | as of Jun 30, 2026 |
Vanguard Fiduciary Trust CoInstitution | 0.43% | 70,871 | as of Jun 30, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
Not reported.