EVTV Files Corporate Name Change to Azio AI Following Completed Merger; Announces $27.9 Million AI Infrastructure Hosting Agreement with Power Champion, Scalable to 12 MW Under Contracted Expansion Rights
Houston, United States, July 9th, 2026, FinanceWire
Agreement establishes the Company’s first long-term contracted AI hosting relationship — initial 3.1 MW GPU deployment expected to generate approximately $27.9 million in capacity reservation charges, with expansion rights up to 12 MW representing a potential total contract value of approximately $100 million
Envirotech Vehicles, Inc. (NASDAQ: EVTV) (“EVTV” or the “Company”) today announced that its corporate name change to Azio AI, Inc. has been filed and becomes effective Friday, July 10, 2026, with the corresponding ticker symbol change pending confirmation — completing the Company’s transformation into a dedicated AI infrastructure platform following the closing of the Azio AI merger. The Company also announced that it has entered in...
