Envirotech Vehicles to Acquire AZIO AI in Strategic Pivot Toward AI Infrastructure
ByAinvest
Tuesday, Jan 6, 2026 9:58 am ET1min read
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Envirotech Vehicles (EVTV) is planning to acquire AZIO AI Corporation in an all-equity transaction valued at $480 million. If completed, AZIO AI will become a subsidiary of EVTV, potentially shifting the company's focus from EV manufacturing to advanced AI infrastructure and high-performance computing. This move is part of a broader trend in the market towards forward-looking technologies such as AI infrastructure, advanced sensing, and deep-tech R&D platforms.
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