AYRO

AYRO, Inc. engages in the design of compact electric fleet solutions for use within urban and short-haul markets. It offers the AYRO 311 and Club Car 411 models. The company was founded on May 19, 2016 and is headquartered in Round Rock, TX.

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AYRO, Inc. engages in the design, development, manufacture, and sale of compact electric fleet solutions for use within urban and short-haul markets. It offers the AYRO 311 and Club Car 411 models. The company was founded on May 19, 2016 and is headquartered in Round Rock, TX.

One of the leading decliners in today's market, Ayro (NASDAQ: AYRO ) stock is now trading at levels below where it started the year. Indeed, what looked like a promising year for investors in Ayro has turned sour, with AYRO stock losing more than half its value since its July peak this year.

AYRO Stock Alert: EV Maker Ayro Plunges on Reverse Stock Split

Common Stock Will Begin Trading on Split-Adjusted Basis on September 18, 2023 ROUND ROCK, TX / ACCESSWIRE / September 15, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility and last-mile delivery, announced today that it intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 8 pre-split shares. The reverse stock split will become effective at 4:00 p.m.

AYRO, Inc. Announces Reverse Stock Split to Maintain NASDAQ Listing

Low-Speed EV Expected to be Delivered to Initial Channel Partners Within Weeks. ROUND ROCK, TX / ACCESSWIRE / September 12, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility, and last-mile delivery, announces that the AYRO Vanish (the "Vanish"), a utility low-speed electric vehicle (LSEV), has successfully entered low-rate initial production ("LRIP").

AYRO Enters Low-Rate Initial Production of the Vanish

Fourth patent issued to AYRO this year supports AYRO's product roadmap. ROUND ROCK, TX / ACCESSWIRE / August 29, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility and last-mile delivery, announces that it has been issued U.S. Patent No.

AYRO Awarded Patent for Vehicle Seat Design

Low-speed EV manufacturer completes initial approval process ROUND ROCK, TX / ACCESSWIRE / August 22, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro-distribution, micro-mobility, and last-mile delivery, announces the 2023 AYRO Vanish (the "Vanish") has successfully completed initial homologation in both the United States and Canada, by demonstrating compliance with Federal Motor Vehicle Safety Standards ("FMVSS") 500, FMVSS 111, FMVSS 141, Canada Motor Vehicle Safety Standards ("CMVSS") 500 and SAE J2358. "These tests are essential to ensure vehicles meet rigorous safety requirements and comply with our national governing bodies," noted Tom Wittenschlaeger, CEO of AYRO.

AYRO Successfully Meets Homologation Requirements for the Design, Safety, and Performance of The Vanish

ROUND ROCK, TX / ACCESSWIRE / August 16, 2023 / AYRO, Inc . (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, today announced the first channel partners to order the 2023 AYRO Vanish (the "Vanish").

AYRO Announces First Channel Partners to Take Delivery of the 2023 AYRO Vanish

Ayro, Inc. (NASDAQ:AYRO ) Q2 2023 Earnings Call Transcript August 15, 2023 8:30 AM ET Company Participants Joey Delahoussaye - Core IR Thomas Wittenschlaeger - Chief Executive Officer David Hollingsworth - Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by. Good morning, and welcome to the Ayro, Inc. Second Quarter 2023 Financial Results and Corporate Update Conference Call.

Ayro, Inc. (AYRO) Q2 2023 Earnings Call Transcript

ROUND ROCK, TX / ACCESSWIRE / August 14, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces financial results for the second quarter ended June 30, 2023. Recent Financial Highlights: Net loss of $6.0 million in the second quarter of 2023 compared to net loss of $6.0 million in the prior year period Approximately $52.0 million in cash to date, including the proceeds of a $22 million financing consummated in early August 2023 "We made significant progress during the second quarter that we believe brings us ever closer to the commercial launch of the AYRO Vanish, our new low-speed electric vehicle, or LSEV," commented AYRO CEO Tom Wittenschlaeger.

AYRO Announces Second Quarter 2023 Financial Results and Provides Corporate Update

AYRO webinar series explains the importance and value of low-speed electric vehicles, sustainability, and electric fleet management. ROUND ROCK, TX / ACCESSWIRE / August 10, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for microdistribution, micromobility, and last-mile delivery, announces the launch of a new webinar series focused on the importance and value of low-speed electric vehicles (LSEVs), sustainability, and electric fleet management.

AYRO Launches Educational Webinar Series

Conference Call to be held on Tuesday, August 15, 2023 at 8:30 a.m. Eastern Time ROUND ROCK, TX / ACCESSWIRE / August 9, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces that it will report second quarter 2023 financial results on Monday, August 14, 2023 after the market close.

AYRO to Report Second Quarter 2023 Financial Results on August 14, 2023 and Provide Corporate Update

ROUND ROCK, TX / ACCESSWIRE / August 8, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces that it has executed a securities purchase agreement to raise gross proceeds of approximately $22 million in a private placement of convertible preferred stock and warrants with existing investors. The offering is expected to close on August 10, 2023, subject to the satisfaction of customary closing conditions.

AYRO Announces $22 Million Offering Led By Existing Investors

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Global electric car sales June 2023 up 38% YoY to 19% share. China sales up 28% to 38% share. Europe up 42% to 25% share. USA up 38% to 9% share. EV market news - China 6b emission standard started on July 1. China to bolster its economy. U.S. proposes fuel economy standards for new vehicles to 58 mpg by 2032. EV company news - BYD smashes sales records in H1, 2023, selling 1.25M BEVs. Tesla Cybertruck orders surpass 1.9m, 5-year wait times. Volkswagen takes $700m stake in XPeng.

EV Company News For The Month Of July 2023

State-Wide Tour Allows Hands-On Experience with New Low-Speed Electric Vehicle ROUND ROCK, TX / ACCESSWIRE / July 25, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro-distribution, micro-mobility, and last-mile delivery, announces it will be hosting a roadshow across the state of Texas to showcase the 2023 AYRO Vanish (the "Vanish"), the Company's new utility low-speed electric vehicle ("LSEV"). Beginning on August 2, 2023, the AYRO team will be traveling to cities across Texas to provide potential and current partners, dealers, and customers the opportunity to learn more about the Vanish and experience it in-person with hands-on demos, test drives, and Q&As.

AYRO Announces Texas Roadshow Event

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Global electric car sales for May 2023 were up 50% YoY to 16% share - China sales were up 54% to 35% share, Europe was up 38% to 23% share, USA was up 68% to 8% share. EV market news - Ford, GM and Rivian, Volvo & Polestar to join Tesla's EV charging network. Tesla becomes number 1 for plugin electric car sales in Europe in May. EV company news - BYD announces new Fang Cheng Bao brand. Tesla Model Y is America's No. 1 selling passenger car. GAC Aion aims to sell 500,000 BEVs this year.

EV Company News For The Month Of June 2023

Process will determine readiness of the low-speed EV for production ROUND ROCK, TX / ACCESSWIRE / June 28, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility, and last-mile delivery, today announced the 2023 AYRO Vanish (the "Vanish") has entered into Production Readiness Review ("PRR"), which assesses the readiness of a system's design and operation to enter Low-Rate Initial Production ("LRIP") and Full-Rate Production. This news comes on the heels of the Vanish initiating homologation in both the United States and Canada, by demonstrating compliance with the Federal Motor Vehicle Safety Standards (FMVSS) 500 and 111, Canada Motor Vehicle Safety Standards (CMVSS) 500, and most recently the California Air Resources Board (C.A.R.B.

The AYRO Vanish Enters Production Readiness Review

Low-Speed EV Manufacturer Begins California Air Resources Board Testing ROUND ROCK, TX / ACCESSWIRE / June 22, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility, and last-mile delivery, today announces the 2023 AYRO Vanish (the "Vanish") has initiated certification testing by the California Air Resources Board (C.A.R.B.), which has established the most rigorous zero-emissions vehicle standards in the country.

AYRO Submits the Vanish for Testing to Demonstrate Compliance with the Most Rigorous Zero Emissions Vehicle Standards

Attendees will have the opportunity to see AYRO's latest low-speed electric vehicle first-hand. ROUND ROCK, TX / ACCESSWIRE / June 6, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility, and last-mile delivery, announces its participation in the 36th Electric Vehicle Symposium & Exposition (EVS36) to be held June 11-14, 2023 in Sacramento, California.

AYRO to Participate in 36th Annual Electric Vehicle Symposium & Exposition

AYRO begins homologation prior to the sale and delivery of vehicles. ROUND ROCK, TX / ACCESSWIRE / May 23, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility and last-mile delivery, announced today that the 2023 AYRO Vanish (the "Vanish") has entered homologation, the final approval process before the vehicle can enter the market.

Homologation Process Begins for AYRO Vanish

Customers can now become among the first to pre-order the highly adaptable 2023 AYRO Vanish ROUND ROCK, TX / ACCESSWIRE / May 18, 2023 / Earlier this year, AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, pupose-built delivery vehicles and solutions for micro distribution, micromobility, and last-mile delivery, announced the release of the 2023 AYRO Vanish (the "Vanish"), the first "common core chassis" low-speed electric vehicle (LSEV) in the company's new strategic product roadmap. Today, AYRO is proud to announce that the Vanish is available for pre-orders for customers and fleet managers seeking quality, cost effective, and sustainable transportation solutions.

AYRO Opens Pre-Order Queue for Model Year 2023 Utility Low-Speed Electric Vehicle

Awarded utility patent is the third patent issued to AYRO this year and focused specifically on environmental impact ROUND ROCK, TX / ACCESSWIRE / May 11, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility and last-mile delivery, announces that it has been issued U.S. Patent No. 11,643,068 from the U.S. Patent and Trademark Office for "Electric Vehicle Control Systems, Apparatus and Methods.

AYRO Receives Second Utility Patent on Vehicle Control Systems That Reduce Environmental Impact

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Global electric car sales for March 2023 were up 28% YoY to 16% share. China sales up 23% YoY to 34% share. Europe up 29% YoY to 23% share. EV market news - EPA proposes auto pollution limits to aggressively boost EV sales. IEA says "nearly one in five cars sold globally this year will be electric".

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Ayro Inc. (NASDAQ:AYRO ) Q1 2023 Earnings Conference Call May 9, 2023 8:30 AM ET Company Participants Thomas Wittenschlaeger - Chief Executive Officer David Hollingsworth - Chief Financial Officer Joey Delahoussaye - Core IR Conference Call Participants Brian Lantier - Zacks Matthew Policek - private investor Operator Ladies and gentlemen, thank you for standing by. Good morning and welcome to the Ayro Inc. first quarter 2023 financial results and corporate update conference call.

Ayro (AYRO) Q1 2023 Earnings Call Transcript

ROUND ROCK, TX / ACCESSWIRE / May 9, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces financial results for the quarter ended March 31, 2023. Recent Financial and Corporate Highlights: Net loss declined to ($5.5) million in the first quarter of 2023 vs.

AYRO Announces First Quarter 2023 Financial Results and Provides Corporate Update

Conference Call to be held on Tuesday, May 9, 2023 at 8:30 a.m. Eastern Time ROUND ROCK, TX / ACCESSWIRE / May 2, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces that it will report first quarter 2023 financial results on Tuesday, May 9, 2023 before the market open.

AYRO to Report First Quarter 2023 Financial Results on May 9, 2023 and Provide Corporate Update

AYRO is the inaugural corporate sponsor for the Longhorn Racing Unveiling Event ROUND ROCK, TX / ACCESSWIRE / April 25, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility and last-mile delivery, participated in and delivered the keynote address at the sponsored University of Texas at Austin Longhorn Racing Unveiling on Saturday, April 22. Longhorn Racing is a student chapter of The Society of Automotive Engineers located at the University of Texas that provides members the opportunity to explore different engineering fields and develop industry-level, tangible skills.

AYRO Delivers Keynote Address at University of Texas Longhorn Racing Vehicle Reveal

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