Northeast Arkansas electric car manufacturer, Envirotech, has entered into a $ 27 million agreement with the Arkansas Economic Development Commission. The agreement will help with housing construction and expansion in Osceola, in addition to hiring and training efforts to bring in more than 850 permanent employees to Mississippi County.
Corona, Calif.,-Founder Envirotech announced in February that it will bring an $ 80 million plant to Arkansas with the goal of quickly starting production segments.
“We are excited to announce a partnership with AEDC, which is one of many recent announcements to showcase the company’s ability to increase EV production and increase commercial EVs on the way to our customers.We have made significant progress.The last assembly is now being held in Osceola and the renovations are underway.As the only state the licensed vehicle manufacturer, we are excited to have AEDC on board as we work to recruit and train more than 850 employees, ”said Envirotech Vehicles CEO Phillip Oldridge.
“It is very good news that AEDC has partnered with Envirotech Vehicles to bring vehicle production back to the state,” the Senate Sen. said. Dave Wallace, R-Leachville. “EVT has a proven track record of EV availability and customers nationwide. The demand for electric cars is growing, and I’m excited that Arkansas continues to gain a foothold in the industry. This partnership will create special events for Mississippi County and Arkansas.
Envirotech has over 30 years of business experience. The company has a product line of vehicles, systems and green technologies to serve last -mile vehicles, school districts, public and private media companies and colleges and universities to meet the growing demand for electric vehicles that are moderate and heavy. Products include Electric Standard Vans, Electric Vans, Electric Stop Vans and Electric Price Vans.
In early June, EVT announced a partnership with Olympus Construction to help build and renovate its 580,000-square-foot facility. Envirotech plans to invest $ 80 million in Arkansas over the next five years.
