ADOMANI® Delivers $2.1 Million of Electric Drivetrains Since July 1, 2018, a 73% Increase Compared to Q1 and Q2 2018 Combined Sales Revenue

CORONA, CA / ACCESSWIRE / September 17, 2018 /ADOMANI, Inc. (NASDAQ: ADOM), a provider of advanced zero-emission and hybrid vehicle drivetrain solutions and purpose-built electric vehicles, announced today that it has delivered electric drivetrains representing sales revenue to the Company of $2.1 million in the third quarter through August 31, 2018, representing a 73% increase compared to the combined first and second quarter 2018 sales revenue.

The deliveries represent completion of 33% of ADOMANI’s$6.3 millionJune 30, 2018 backlog. The Company continues to work towards completing production of its remaining backlog in order to move its backlog to the delivery stage, and as previously stated, believes that the remaining $4.2 million backlog will be delivered in 2018. Upon delivery, ADOMANI will move its bookings out of backlog and recognize sales revenue.

About ADOMANI®

ADOMANI, Inc. is a provider of zero-emission electric and hybrid drivetrain systems for integration in new school buses and medium to heavy-duty commercial fleet vehicles, as well as re-power conversion kits for the replacement of drivetrain systems in combustion-powered vehicles. ADOMANI® is also a provider of new zero-emission electric and hybrid vehicles focused on reducing the total cost of vehicle ownership and helps fleet operators unlock the benefits of green technology and address the challenges of traditional fuel price instability and local, state and federal environmental regulatory compliance. For more information, visit www.ADOMANIelectric.com.

Cautionary Statement Regarding Forward-Looking Statements

Statements made in this press release that relate to future plans, events, financial results, prospects or performance are forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. While they are based on the current expectations and beliefs of management, such forward-looking statements are subject to a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from the expectations expressed in this press release, including the risks and uncertainties disclosed in ADOMANI’s reports filed with the Securities and Exchange Commission, all of which are available online at www.sec.gov. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words “planned,” “expects,” “believes,” “strategy,” “opportunity,” “anticipates,” “outlook,” “designed,” and similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except as required by law, ADOMANI® undertakes no obligation to update or revise any forward-looking statements to reflect new information, changed circumstances or unanticipated events.

For more information regarding this release, contact Investor Relations

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