Envirotech Vehicles, Inc.

EVTV is a diversified, power-backed hardware technology company that develops, integrates, and deploys electrified and energy-intensive systems across multiple end markets. The company's operations are built on a foundation of power management, electrification, and integrated hardware expertise. Current focus areas include commercial EVs, electric drone platforms, and medical supplies. EVTV is also exploring opportunities to develop and deploy energy-integrated artificial intelligence ("AI") compute infrastructure. In this role, EVTV would design, integrate, and deploy modular AI compute systems combining power generation, power management, and high-performance computing hardware. The company would not develop proprietary AI software models, but would focus on the physical infrastructure layer, including power systems integration, modular compute enclosures, cooling systems, and related electrical balance-of-system components, to support third-party AI workloads. Revenue, if pursued, would come from equipment sales, system integration services, infrastructure leasing, and/or joint ventures. As of the date of this Annual Report, the modular AI infrastructure platform is in the testing and validation phase. The EV segment serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities, providing light to heavy-duty EVs. EVTV currently offers Class 2 through 4 logistics vans, Class 4 through 5 urban trucks, school buses, electric forklifts, street sweepers, neighborhood EVs, and right-hand drive vans and urban trucks. These EVs are manufactured by original equipment manufacturers ("OEMs") in China, Taiwan, and Malaysia, and are marketed, sold, warrantied, and serviced through EVTV's developing distribution and service network. The medical supplies segment operates through its wholly owned subsidiary, Maddox Industries, LLC ("Maddox Industries"). Maddox Industries manufactures medical supplies for distribution by Maddox Medical Corp. ("Maddox Medical") to government agencies, healthcare systems, and institutional customers requiring domestically manufactured medical products.