Envirotech Vehicles shares jump 11.69% premarket after advancing execution phase of AI infrastructure partnership with AZIO AI and delivering immersion-ready data center containers.

Envirotech Vehicles (EVTV) surged 11.69% in premarket trading following the announcement that it has advanced into the execution phase of its modular AI and power infrastructure initiative with AZIO AI, including the delivery and installation of a 40-foot immersion-ready AI data center container. Recent developments highlight the companies’ scalable AI infrastructure strategy, positioning EVTV for multi-megawatt expansion and reinforcing its pivot into AI-driven solutions. Additionally, AZIO AI’s $480 million enterprise valuation and EVTV’s proposed $3.00-per-share acquisition framework have bolstered investor confidence. These milestones, coupled with ongoing Nasdaq compliance updates, underscore strategic progress in EVTV’s AI infrastructure ambitions, driving premarket momentum.