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AYRO Secures Electric Vehicle Design Patent

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AYRO has secured a significant milestone with the issuance of U.S. Patent No. D975591 for the design of the AYRO Vanish, marking its entry into intellectual property protection. This patent is the first among several pending filings, including two additional design patents and six utility patents centered on sustainability. AYRO aims to revitalize the stagnant low-speed electric vehicle (LSEV) market by offering customizable vehicle configurations that blend functionality with innovation. CEO Tom Wittenschlaeger emphasizes the importance of intellectual property in enhancing enterprise value and advancing sustainable solutions.

Positive
  • Secured U.S. Patent No. D975591 for the AYRO Vanish design, enhancing intellectual property.
  • Plans for additional patents indicate a commitment to innovation in sustainable transport.
  • Customizable vehicle configurations differentiate AYRO in the low-speed electric vehicle market.
Negative
  • None.

Awarded design patent is the first of several patents in process by AYRO to support the company's product roadmap.

ROUND ROCK, TX / ACCESSWIRE / January 24, 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. D975591 from the U.S. Patent Office for the design of the AYRO Vanish.

The awarded design patent titled "ELECTRIC VEHICLE" is for the ornamental design of the AYRO Vanish. This is the first patent that has been issued for the AYRO Vanish and is one of several patents that have been applied for as part of the vehicle's design. The other patents that are in the process of filing include a total of two new design patents and six additional U.S. utility patents in sustainability and the science underlying sustainability.

"Protecting our intellectual property and creating sustainable enterprise value is a complementary adjunct to the vehicle design process," noted Tom Wittenschlaeger, CEO at AYRO. "The vehicles and associated ecosystem we are creating, starting with the 2023 AYRO Vanish utility low-speed electric vehicle (LSEV), breathe new life into a market that has become quite stagnant. Innovation in our market is needed, and AYRO is working to lead in that space."

The design patent includes figures and designs of the AYRO Vanish as well as adaptable configurations of the vehicle.

"Our customizable and adaptable bed configurations for both light-duty and heavy-duty applications are like nothing else on the market," said Mark Luckevich, chief engineer at AYRO. "The ability to create one vehicle that can serve the same purpose as multiple vehicles is just one way that we are changing the LSEV space and redefining sustainability."

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 ayro.com.

Media Inquiries:
Nick Kastner
Forum Communications
678-943-3859
nick@forumspeaks.com

Investor Inquiries:
Joey Delahoussaye
CORE IR
516-222-2560
investors@ayro.com

SOURCE: AYRO, Inc.



View source version on accesswire.com:
https://www.accesswire.com/736400/AYRO-Secures-Electric-Vehicle-Design-Patent

FAQ

What recent patent did AYRO secure for their electric vehicle?

AYRO secured U.S. Patent No. D975591 for the design of the AYRO Vanish.

How many patents is AYRO currently pursuing?

AYRO is pursuing a total of eight additional patents, including two design and six utility patents.

What market does the AYRO Vanish aim to innovate?

The AYRO Vanish aims to innovate the low-speed electric vehicle (LSEV) market.

Who is the CEO of AYRO and what did he say about the new patent?

CEO Tom Wittenschlaeger highlighted the significance of protecting intellectual property to enhance sustainable enterprise value.

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