Press Release

Envirotech Vehicles, Inc. (NASDAQ: EVTV) (“EVTV” or the “Company”) announced today the successful completion of its merger with Azio AI Corporation (“Azio AI”) on July 2, 2026, paving the way for the company to transform to an AI Datacenter Provider and meeting the growing market demand for artificial intelligence (“AI”) infrastructure, enterprise GPU compute, digital power solutions, data center development, and digital asset infrastructure; a market that the International Data Corporation (IDC) projects will reach $487 billion in global spending in 2026 and exceed $1 trillion by 2029.