Envirotech Vehicles, Inc.

Analysis for Ticker: EVTV

Envirotech Vehicles Inc builds zero emission electric commercial vehicles like logistics vans, urban trucks, and school buses at its factory in Arkansas. The business is a clever illusion designed to burn cash while insiders take the remains. In 2025, the company spent 19,1$ million just to make products they sold for 5,9$ million. This is a negative 222,0% gross margin, which means for every 1$ they collected from a customer, they actually lost 3,23$ just on the factory floor. It is like running a lemonade stand where you buy the lemons for 3$ and sell the juice for 1$, and then you pay yourself a giant salary to do it.