Envirotech Vehicles, Inc., a leading innovator in electric mobility solutions, has announced a bold strategic expansion that positions the company at the forefront of sustainable transportation across land, air, and sea. The announcement underscores Envirotech’s commitment to delivering American-assembled, clean-energy vehicles tailored for high-growth markets, including agriculture, logistics, infrastructure, and marine sectors.
“Envirotech is building more than vehicles—we’re creating a connected ecosystem that powers sustainable mobility,” stated Jason Maddox, President and Interim CFO of Envirotech. “Our unified approach is designed to address growing global demand for clean, American-made solutions while delivering long-term value to shareholders and communities.”
Tapping into Multi-Billion-Dollar Markets
Envirotech’s ecosystem targets several rapidly expanding sectors:
- Agricultural Drones: A U.S. market anticipated to reach $1.76 billion by 2030, driven by precision agriculture and automation.
- Commercial & Industrial Drone Services: Expected to reach $58.4 billion globally by 2030, serving sectors like infrastructure monitoring, logistics, and surveillance.
- Electric Watercraft: Projected to exceed $1.28 billion in the U.S. by 2032, covering personal and light commercial electric vessels.
Strategic Growth and Market Penetration
To accelerate growth, Envirotech has outlined several initiatives:
- Introduction of new revenue streams in 2025, including potential collaborations with the Department of Defense, FEMA, and USDA.
- Continued development of its core EV portfolio, which includes electric buses, vans, and trucks.
- Active exploration of strategic acquisitions to expand market access and drive innovation.
According to Maddox, updates on upcoming product launches and commercial operations are expected in the second half of the year.
Driving Toward a Clean-Energy Future
The announcement reflects a pivotal shift for Envirotech as it evolves into a multi-modal electric mobility provider. By integrating land-based vehicles with aerial and marine innovations, the company aims to offer a complete clean-energy ecosystem designed for scalability and efficiency.
