Envirotech Vehicles (EVTV) Research & Development (2016 - 2026)
Envirotech Vehicles (EVTV) posted quarterly Research & Development of $10000.0 for Q1 2026, down 89.84% year-over-year from $98398.0 in Q1 2025, and down 76.9% on a QoQ basis from $43289.0 in Q3 2025.
Envirotech Vehicles (EVTV) Research & Development (2016 - 2026) Analysis & Trends
Envirotech Vehicles (EVTV) has reported Research & Development for 10 consecutive years, with $10000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 89.84% year-over-year to $10000.0; the TTM figure through Mar 2026 stood at $643410.0 (up 191.11% YoY), while the FY2025 annual figure was $731808.0, up 279.4% from the prior year.
- Research & Development came in at $10000.0 for Q1 2026 at Envirotech Vehicles, down from $43289.0 in the prior quarter.
- The five-year high for Research & Development was $590121.0 in Q2 2025, with the low at $10000.0 in Q1 2026.
- Average Research & Development over 5 years is $88052.4, with a median of $57924.0 recorded in 2023.
- Across the five-year window, Research & Development surged 857.74% in 2025 and slumped 89.84% in 2026, its largest moves.
- Year by year, Research & Development stood at $37500.0 in 2022, then soared by 61.69% to $60635.0 in 2023, then plunged by 33.15% to $40534.0 in 2024, then increased by 6.8% to $43289.0 in 2025, then tumbled by 76.9% to $10000.0 in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $10000.0, $43289.0, and $590121.0 for Q1 2026, Q3 2025, and Q2 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 1.95 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | - |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | - |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | -421.43 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 458.00 Mn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -394.63 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | -273.27 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -2,535.42 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 335.67 Mn |
| 10 | Envirotech Vehicles | 22.94 Mn | 20.92 Mn | -188,612.00 | 10,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10,000.00 |
| Sep 30, 2025 | 43,289.00 |
| Jun 30, 2025 | 590,121.00 |
| Mar 31, 2025 | 98,398.00 |
| Dec 31, 2024 | 40,534.00 |
| Sep 30, 2024 | 20,470.00 |
| Jun 30, 2024 | 61,616.00 |
| Mar 31, 2024 | 70,265.00 |
| Dec 31, 2023 | 60,635.00 |
| Sep 30, 2023 | 46,734.00 |
| Jun 30, 2023 | 57,924.00 |
| Mar 31, 2023 | 70,888.00 |
| Dec 31, 2022 | 37,500.00 |
| Sep 30, 2022 | 25,000.00 |
| Jun 30, 2022 | 87,412.00 |
| Dec 31, 2021 | 58,139.00 |
| Dec 31, 2019 | -48,656.00 |
| Sep 30, 2019 | 10,000.00 |
| Jun 30, 2019 | 103,000.00 |
| Mar 31, 2019 | 45,000.00 |