These mid-roof electric vans will deliver packages to homes and businesses in Connecticut.
With average gasoline prices in Connecticut exceeding $3.00 per gallon and diesel approaching $3.70, Envirotech’s electric delivery vehicles present an appealing option for fleet-reliant businesses.
Dreaming Green Corp.’s owner Nelson Pinhancos said, “We are excited to begin testing the Envirotech electric delivery van. We estimate a monthly savings of $1,800 in fuel and maintenance costs. And the fact we will be generating zero emissions while serving our customers is something we are proud of as a company.”
“We expect this test program to be a success. And we look forward to then scaling up our Envirotech electric fleet. Other FedEx DSPs have already shown interest in joining us.”
This week, Envirotech Vehicles disclosed plans to access $25 million in funding from Yorkville Advisors Global LP.
Price Action: EVTV shares closed higher by 6.67% at $1.44 on Wednesday.
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