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NEWS
Envirotech Vehicles, Inc. (NASDAQ:EVTV) Delivers 76 Vehicles Under the New Jersey Zero-Emission Incentive Program ("NJ ZIP")
Monday, 2nd December at 6:35 pm
OSCEOLA, APPENZELL AUSSERRHODEN / ACCESSWIRE / December 2, 2024 / Envirotech Vehicles, Inc. (NASDAQ: EVTV), today announced it has delivered 76 vehicles under the New Jersey Zero-Emission Incentive Program ("NJ ZIP").
Phil Oldridge, CEO of Envirotech, hailed the company's success in providing electric delivery vehicles to business owners in New Jersey.
"Envirotech is pleased to serve fleet owners in New Jersey as they transition from fossil fuels to electric vehicles. The NJ ZIP program has allowed Envirotech to rapidly expand our presence in New Jersey. We remain grateful to the New Jersey Economic Development Authority for their support."
NJ ZIP is a $90M million voucher pilot launched by New Jersey Economic Development Authority ("NJEDA") for Medium and Heavy Duty Zero-Emission Vehicles.
This pilot is funded by Regional Greenhouse Gas Initiative ("RGGI") proceeds allocated to NJEDA for the purposes of reducing harmful emissions, especially in communities disproportionately impacted by transportation emissions, and creating economic opportunity within the state. The program will provide vouchers with base values ranging between $20,000 to $175,000.
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