EVTV is a diversified hardware technology company that designs, integrates, and deploys electrified and energy-intensive systems across commercial electric vehicles, drone systems, medical supplies, and emerging AI data infrastructure. The company manufactures and distributes Class 2-5 commercial and school buses, logistics vans, electric forklifts, and other last-mile fleet vehicles through a network of OEM partners and in-house integration; develops industrial-grade heavy-lift drone platforms for agricultural, forestry, and fire suppression applications; operates domestic medical supply manufacturing for government and healthcare customers through its subsidiary Maddox Industries; and is expanding into power-driven computing infrastructure to support high-density AI workloads. Revenue is generated through direct equipment sales, system integration services, distribution arrangements, and government contracts, with the company emphasizing disciplined capital allocation and technical validation across power management and electrification capabilities.
| USD millions | FY2025 |
|---|---|
| Revenue | 6 |
| Net Income | -39 |