Welcome to our dedicated page for Ayro news (Ticker: AYRO), a resource for investors and traders seeking the latest updates and insights on Ayro stock.
AYRO Inc (AYRO) delivers innovative electric vehicles for sustainable urban mobility and last-mile logistics. This news hub provides investors and industry stakeholders with timely updates on corporate developments, financial disclosures, and technological advancements from the Texas-based EV manufacturer.
Access official press releases covering product launches, strategic partnerships, manufacturing updates, and sustainability initiatives. Our curated collection serves as a neutral resource for tracking AYRO's progress in developing zero-emission vehicles for closed-campus environments, municipal fleets, and urban delivery networks.
Key updates include earnings reports, leadership announcements, production capacity changes, and regulatory filings. Bookmark this page for direct access to primary source materials about AYRO's low-speed electric vehicles and their evolving role in sustainable transportation ecosystems.
AYRO, Inc. (Nasdaq: AYRO) reported a revenue of $788,869 for Q1 2021, marking a 437% year-over-year increase and the sixth consecutive quarter of revenue growth. Despite a net loss of $5.6 million and an adjusted EBITDA loss of $3.8 million, the company maintains a strong cash position with $91.5 million and minimal debt. Recent agreements with Element Fleet Management and the launch of an Electric Vaccine Vehicle highlight AYRO's strategic partnerships aimed at expanding market reach.
AYRO, Inc. reported its fiscal Q1 2021 results, revealing a revenue increase of 437% year-over-year, totaling $788,869, marking six consecutive quarters of growth. However, the company recorded a net loss of $5.5 million and an adjusted EBITDA loss of $3.8 million. As of March 31, 2021, AYRO held $91.5 million in cash with total debt under $20,000. The company announced significant partnerships, including with Element Fleet Management and the launch of an electric vaccine vehicle to enhance access to COVID-19 vaccinations.
AYRO, Inc. (Nasdaq: AYRO) will release its first quarter 2021 financial results on May 13 before the market opens. CEO Rod Keller and CFO Curt Smith will host a conference call at 8:30 a.m. ET to discuss the results and corporate developments. Interested parties can join the call or access a live webcast via AYRO's website. A replay will be available until August 13, 2021. AYRO designs electric vehicles aimed at sustainable urban mobility, emphasizing their commitment to eco-friendly transport solutions.
AUSTIN, April 15, 2021 (GLOBE NEWSWIRE) -- AYRO, Inc. (Nasdaq: AYRO) announced participation in the Benzinga Cleantech Small Cap Conference on April 22, 2021. CEO Rod Keller will present at 1:30 pm ET and join an EV Panel at 12:40 pm ET, discussing the 'Micromobility Revolution.' Attendees can book one-on-one meetings with management via investor relations. Registration for the conference and panel is available online. AYRO focuses on manufacturing electric vehicles for sustainable fleets, promoting zero-emission transportation alternatives.
AYRO, Inc. (Nasdaq: AYRO) reported an 80% increase in revenue for fiscal year 2020, totaling $1.6 million. However, the company faced a net loss of $11.2 million, which widened from $8.6 million in FY2019. Total cash surged to $36.5 million against $0.6 million a year earlier. Significant corporate strides include a strategic partnership with Element Fleet Management and the expansion of its Austin facility to enhance production capacity from 200 to 600 EVs/month. AYRO aims to lead in purpose-built electric vehicles focusing on commercial fleet solutions.
AYRO, Inc. (Nasdaq: AYRO) reported an 80% increase in revenue for FY2020, reaching $1.6 million, compared to $0.9 million in FY2019. However, the company also faced a net loss of $11.2 million, widening from $8.6 million the previous year. AYRO’s total cash increased significantly to $36.5 million from $0.6 million in FY2019, with minor debt of $0.02 million. Key milestones included a reverse merger with DropCar, a partnership with Karma Automotive, and the launch of an electric vaccine vehicle (EVV) aimed at enhancing vaccine distribution.
AYRO, Inc. (Nasdaq: AYRO), a designer and manufacturer of light-duty electric vehicles, will report its year-end 2020 financial results on March 31, 2021, before market opening. A conference call hosted by CEO Rod Keller and CFO Curt Smith will take place at 8:30 a.m. ET on the same day to discuss these results and corporate updates. Interested participants can listen via teleconference or live webcast. The conference replay will be available until June 30, 2021. AYRO is committed to providing sustainable fleet solutions through its innovative electric vehicle offerings.
AYRO, Inc. (Nasdaq: AYRO) has partnered with Element Fleet Management to support the deployment of electric delivery vehicles (EVs) over the next four years. Element, the world's largest pure-play automotive fleet manager, will provide fleet management services, financing, and consulting for AYRO's EVs. This collaboration aims to enhance client satisfaction and support large-volume deployments essential for businesses needing efficient, eco-friendly delivery solutions. The partnership targets clients initially in the U.S. and Canada, with potential global market expansion.
AYRO, Inc. (Nasdaq: AYRO), a manufacturer of electric vehicles, announced that CEO Rod Keller will present at the Maxim Group’s Inaugural Emerging Growth Virtual Conference on March 17-18, 2021. Investors can access the presentation post-registration and request one-on-one meetings with Keller after the conference. AYRO specializes in purpose-built electric vehicles aimed at sustainable fleets, including the AYRO 411 Club Car and AYRO 311 EV, which offer eco-friendly alternatives for logistics and urban transport.
AYRO has announced the launch of the Electric Vaccine Vehicle (EVV) in partnership with Element, Club Car, and Gallery Carts to enhance vaccine delivery amid ongoing distribution challenges. The EVV is designed for efficient, zero-emissions transportation of vaccines and testing. Key features include medical-grade storage, a compact size for better accessibility, and the ability to operate without specialized charging infrastructure. This initiative aims to improve access to vaccines for high-risk populations, especially in areas lacking transportation options.
