“Through A.B. 118, the California Energy Commission is funding this grant to EVI, creating 50 new living-wage clean energy jobs,” stated Jim Boyd with the California Energy Commission. “This grant is intended to help EVI modernize and transform the medium and heavy-duty electric vehicle manufacturing industry, making clean, electric vehicles more accessible and affordable, and facilitating a widespread transition from diesel engines to zero-emission vehicles to meet California’s progressive economic and environmental goals.”
“The State of California remains at the clean energy forefront and this investment further supports our decision to relocate our Headquarters and main manufacturing operations from Toluca, Mexico to Stockton 2 years ago,” stated Ricky Hanna, President and Chief Executive Officer of EVI.
“Combined with the Energy Commission’s grant and our recent increase in orders, EVI recently signed an exclusive supply agreement with Valence Technology to secure battery demand. We selected Valence based on long term road test results in harsh conditions, their innovative approach and manufacturing excellence, as well their unparalleled cost competitiveness which enables our customers to achieve an ROI in an industry accepted timeframe. Valence serves a diversified global market and they are our technology of choice.”