Envirotech Vehicles signs AI infrastructure hosting deal valued at $27.9 million

Envirotech Vehicles Inc

EVTV

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Envirotech Vehicles signed a power purchase and AI infrastructure hosting agreement with Power Champion valued at about USD 27.9 million.
Initial 3.1 MW GPU hosting deployment; revenue expected from capacity reservation charges over the initial contract term.
Contract includes expansion rights up to 12 MW; potential total contract value estimated at about USD 100 million if fully exercised.
Customer deposit received; agreement covers hosting capacity with power delivery and connectivity services.

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