Envirotech Vehicles (EVTV) announced that the Company has delivered two high roof vans to a New Jersey small fleet operator that has been awarded vouchers under the New Jersey Zero Emission Incentive Program. The delivery represents $218,000 in revenue against the Company’s projected NJ ZIP pipeline of $5,275,200, which represents the aggregate revenue that may be generated by the Company if all customers that have been awarded vouchers to purchase an Envirotech vehicle through the NJ ZIP elect to purchase a vehicle through this program. Envirotech is preparing two additional vehicles for delivery to the same New Jersey small fleet operator, with delivery expected by mid-March 2025.
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