Envirotech Vehicles shares surge 14.68% premarket after AZIO AI acquisition agreement and AI infrastructure expansion.

Envirotech Vehicles (EVTV) surged 14.68% in premarket trading following announcements of a strategic partnership with AZIO AI, including a $100 million government purchase order and plans for multi-megawatt AI infrastructure expansion. Recent reports highlighted the companies’ scalable AI infrastructure strategy and EVTV’s reaffirmed momentum in AI data center development, underscored by a $480 million acquisition framework. These developments, detailed in PR Newswire, Yahoo Finance, and GlobeNewswire, signal significant growth potential in the AI sector, driving investor optimism amid ongoing Nasdaq compliance updates. The surge aligns with multiple media outlets emphasizing the transformative impact of the AZIO AI collaboration on EVTV’s strategic trajectory.