AYRO Launches Robotics Division Focused on AI-Driven Automated Manufacturing of High Technology Vehicles and Support Products
AYRO (NASDAQ:AYRO) has announced the launch of its new robotics division focused on AI-driven automated manufacturing of EVs and accessories. The company has received its first purchase order for high-technology EV chargers requiring precision robotic assembly. The client has leased space within warehouses owned by AYRO's partner GLV, providing additional revenue.
Executive Chairman Josh Silverman emphasized that while the company continues to focus on their Vanish vehicle, they are actively seeking growth opportunities beyond this single product. The new robotics division, leveraging AI technology, is expected to expand their in-house capabilities and enable new manufacturing processes while following current industry trends.
AYRO (NASDAQ:AYRO) ha annunciato il lancio della sua nuova divisione robotica, focalizzata sulla produzione automatizzata di veicoli elettrici (EV) e accessori, guidata dall'IA. L'azienda ha ricevuto il suo primo ordine di acquisto per caricabatterie EV ad alta tecnologia che richiedono un'assemblaggio robotico di precisione. Il cliente ha affittato spazi all'interno dei magazzini di proprietà del partner di AYRO, GLV, fornendo ulteriori entrate.
Il Presidente Esecutivo Josh Silverman ha sottolineato che, mentre l'azienda continua a concentrarsi sul loro veicolo Vanish, stanno attivamente cercando opportunità di crescita al di là di questo singolo prodotto. La nuova divisione robotica, sfruttando la tecnologia IA, dovrebbe ampliare le loro capacità interne e abilitare nuovi processi di produzione seguendo le attuali tendenze del settore.
AYRO (NASDAQ:AYRO) ha anunciado el lanzamiento de su nueva división de robótica, centrada en la fabricación automatizada de vehículos eléctricos (EV) y accesorios impulsados por IA. La empresa ha recibido su primer pedido de compra para cargadores de EV de alta tecnología que requieren ensamblaje robótico de precisión. El cliente ha alquilado espacio dentro de los almacenes propiedad del socio de AYRO, GLV, generando ingresos adicionales.
El Presidente Ejecutivo Josh Silverman enfatizó que, aunque la empresa sigue enfocándose en su vehículo Vanish, están buscando activamente oportunidades de crecimiento más allá de este único producto. Se espera que la nueva división de robótica, aprovechando la tecnología de IA, amplíe sus capacidades internas y habilite nuevos procesos de fabricación, siguiendo las tendencias actuales de la industria.
AYRO (NASDAQ:AYRO)는 AI 기반의 자동화된 전기차(EV) 및 액세서리 제조에 중점을 둔 새로운 로봇 공학 부서를 출범한다고 발표했습니다. 이 회사는 정밀 로봇 조립이 필요한 고기술 EV 충전기 첫 구매 주문을 받았습니다. 고객은 AYRO의 파트너 GLV 소유 창고 내에서 공간을 임대하여 추가 수익을 제공합니다.
임원 회장 Josh Silverman은 회사가 Vanish 차량에 계속 집중하고 있지만, 이 단일 제품을 넘어 성장 기회를 적극적으로 모색하고 있다고 강조했습니다. AI 기술을 활용하는 새로운 로봇 공학 부서는 자사 내 능력을 확장하고 현재 산업 트렌드를 따르면서 새로운 제조 프로세스를 가능하게 할 것으로 기대됩니다.
AYRO (NASDAQ:AYRO) a annoncé le lancement de sa nouvelle division robotique axée sur la fabrication automatisée de véhicules électriques (EV) et d'accessoires, pilotée par l'IA. L'entreprise a reçu sa première commande pour des chargeurs EV de haute technologie nécessitant un assemblage robotique de précision. Le client a loué des espaces dans des entrepôts appartenant au partenaire d'AYRO, GLV, générant des revenus supplémentaires.
Le Président Exécutif Josh Silverman a souligné que, bien que l'entreprise continue de se concentrer sur leur véhicule Vanish, elle recherche activement des opportunités de croissance au-delà de ce produit unique. La nouvelle division robotique, tirant parti de la technologie IA, devrait élargir leurs capacités internes et permettre de nouveaux processus de fabrication tout en suivant les tendances actuelles du secteur.
AYRO (NASDAQ:AYRO) hat die Gründung seiner neuen Robotik-Abteilung angekündigt, die sich auf die KI-gesteuerte automatisierte Herstellung von Elektrofahrzeugen (EV) und Zubehör konzentriert. Das Unternehmen hat seine erste Bestellung für hochmoderne EV-Ladegeräte erhalten, die eine präzise robotergestützte Montage erfordern. Der Kunde hat Räume in den Lagerräumen des Partners von AYRO, GLV, angemietet, was zusätzliche Einnahmen generiert.
Der Executive Chairman Josh Silverman betonte, dass das Unternehmen zwar weiterhin auf ihr Fahrzeug Vanish fokussiert ist, aber aktiv nach Wachstumsmöglichkeiten über dieses Einzelprodukt hinaus sucht. Die neue Robotik-Abteilung, die auf KI-Technologie setzt, soll die internen Fähigkeiten erweitern und neue Fertigungsprozesse ermöglichen, während sie aktuellen Branchentrends folgt.
- Secured first purchase order for high-tech EV chargers
- Additional revenue stream from warehouse space leasing
- Expansion into AI-driven automated manufacturing
- Diversification beyond single vehicle product line
- Company has never been profitable and continues to incur losses
- operating history affects business evaluation
- Faces significant market competition
- Dependent on successful development and introduction of new products
Insights
The launch of AYRO's robotics division represents a calculated strategic evolution that could significantly impact the company's market position and operational capabilities. The immediate securing of an EV charger assembly contract validates the market demand for automated precision manufacturing, while the warehouse leasing arrangement with GLV partner creates an additional revenue stream with minimal capital expenditure.
The integration of AI-driven robotics in manufacturing presents several strategic advantages:
- Enhanced quality control through precision assembly, particularly important for high-technology EV components
- Improved scalability potential with reduced labor dependencies
- Potential for higher margins through operational efficiency and reduced error rates
- Diversification of revenue streams beyond vehicle sales
However, this strategic shift carries notable considerations. The EV manufacturing automation space is increasingly competitive, with established players already utilizing advanced robotics. AYRO's success will depend on their ability to differentiate their automated manufacturing capabilities and secure sustainable contract volumes. Given AYRO's market capitalization of
The company's move into AI-driven manufacturing aligns with broader industry trends toward smart manufacturing and could position AYRO as a technology-enabled manufacturing solutions provider rather than purely an EV manufacturer. This potential transformation could create new market opportunities, particularly in the growing EV infrastructure sector where precision manufacturing is essential for safety and reliability.
Company receives first purchase order for high-technology EV Chargers requiring assembly by robotic equipment to ensure quality
ROUND ROCK, TEXAS / ACCESS Newswire / February 19, 2025 / 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 launch of its new robotics division, which will be focused on AI-driven, automated manufacturing of EVs and accompanying accessories.
The Company has already received its first purchase order for high-technology EV chargers, which require precision assembly using robotic equipment. In addition, the client providing the purchase order has leased space within warehouses owned by GLV, AYRO's partner, to house the robotic equipment, providing additional revenue for the Company resulting from the purchase order.
Executive Chairman of the Company, Josh Silverman, commented, "While we value the continued opportunity to move our Vanish vehicle to the market, we continue to seek new opportunities to grow AYRO's business beyond this single vehicle. The development of our robotics division, which will be driven in large part by emerging AI technology, is a key example of these opportunities as it is expected to expand our in-house capabilities and open the door to new types of manufacturing processes while keeping pace with current trends. We continue to look for additional opportunities to increase our capabilities and expand our market opportunity, while maximizing value for our stakeholders."
About AYRO
AYRO designs and produces zero emission vehicles and systems that redefine the very nature of sustainability. Our goal is to craft solutions in a way that leaves minimal impact on not only carbon emissions, but the space itself. From tire tread, fuel cells, sound, and even discordant visuals, we apply engineering and artistry to every element of our product mix. The AYRO Vanish is the first in this new product roadmap. For more information, visit www.ayro.com.
Forward-Looking Statements
This press release may contain forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any expected future results, performance, or achievements. Words such as "anticipate," "believe," "could," "estimate," "intend," "expect," "may," "plan," "will," "would" and their opposites and similar expressions are intended to identify forward-looking statements and include the development and launch of the AYRO Vanish. Such forward-looking statements are based on the beliefs of management as well as assumptions made by and information currently available to management. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: AYRO's success depends on its ability to complete the development of and successfully introduce new products; AYRO may experience delays in the development and introduction of new products; the ability of AYRO's suppliers to deliver parts and assemble vehicles; the ability of the purchaser to terminate or reduce purchase orders; AYRO has a history of losses and has never been profitable, and AYRO expects to incur additional losses in the future and may never be profitable; AYRO faces risks associated with litigation and claims; AYRO may be unable to replace lost manufacturing capacity on a timely and cost-effective basis, which could adversely impact its operations and ability to meet delivery timelines; the market for AYRO's products is developing and may not develop as expected and AYRO, accordingly, may never meet its targeted production and sales goals; AYRO's limited operating history makes evaluating its business and future prospects difficult and may increase the risk of any investment in its securities; AYRO may experience lower-than-anticipated market acceptance of its vehicles; developments in alternative technologies or improvements in the internal combustion engine may have a materially adverse effect on the demand for AYRO's electric vehicles; the markets in which AYRO operates are highly competitive, and AYRO may not be successful in competing in these industries; AYRO may become subject to product liability claims, which could harm AYRO's financial condition and liquidity if AYRO is not able to successfully defend or insure against such claims; increases in costs, disruption of supply or shortage of raw materials, in particular lithium-ion cells, chipsets and displays, could harm AYRO's business; AYRO may be required to raise additional capital to fund its operations, and such capital raising may be costly or difficult to obtain and could dilute AYRO stockholders' ownership interests, and AYRO's long term capital requirements are subject to numerous risks; AYRO may fail to comply with evolving environmental and safety laws and regulations; and AYRO is subject to governmental export and import controls that could impair AYRO's ability to compete in international market due to licensing requirements and subject AYRO to liability if AYRO is not in compliance with applicable laws. A discussion of these and other factors with respect to AYRO is set forth in our most recent Annual Report on Form 10-K and subsequent reports on Form 10-Q. Forward-looking statements speak only as of the date they are made and AYRO disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE: Ayro, Inc.
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