Business
Envirotech Vehicles Announces Commencement of Trading on the OTCQX(R) Best Market
CORONA, CA / ACCESSWIRE / December 3, 2021 / Envirotech Vehicles Inc. (OTCQX:EVTV), a provider of new zero-emission purpose-built electric vehicles, announced
About this update from Envirotech Vehicles, Inc.
[{"type":"text","content":"CORONA, CA / ACCESSWIRE / December 3, 2021 / Envirotech Vehicles Inc. (OTCQX:EVTV), a provider of new zero-emission purpose-built electric vehicles, announced that effective today, its common shares have begun trading under the ticker symbol \"EVTV\" on the OTCQX® Best Market (\"OTCQX\"). Envirotech upgraded to OTCQX from the OTCQB Venture Market.The OTCQX Market provides investors with a premium U.S. public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market is considered an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.\"Our upgrade to the OTCQX is a direct reflection of the significant progress our Company has made in a relatively short timeframe,\" commented Phillip Oldridge, CEO of Envirotech Vehicles. \"We are seeing tremendous momentum in our business related to growing market recognition of our best-in-class electric trucks and vans. Most recently, we received a shipment of 40 vehicles at our Corona, California headquarters, nearly all of which are accounted for through purchase orders and LOIs, demonstrating the strong and increasing demand for our vehicles. We are optimistic about our prospects in the marketplace, and we believe that our graduation to trade on the OTCQX market will elevate our visibility to a broader investor audience, helping us to drive continued growth and shareholder value as we position Envirotech Vehicles as a leader in the EV industry.\"About Envirotech VehiclesEnvirotech Vehicles, Inc. is a provider of purpose-built zero-emission electric vehicles focused on reducing the total cost of vehicle ownership and helping fleet operators unlock the benefits of green technology. We serve commercial and last-mile fleets, school districts, public and private transportation service companies and colleges and universities to meet the increasing demand for heavy duty electric vehicles. Our vehicles address the challenges of traditional fuel price cost instability and local, state and federal environmental regulatory compliance. For more information visit www.evtvusa.com.Cautionary Statement Regarding Forward-Loo...