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.
The AYRO (AYRO) news archive on Stock Titan captures the evolution of a company that transitioned from electric vehicles and AI-driven manufacturing to a stablecoin-focused digital asset strategy under the new name StableX Technologies, Inc. and ticker SBLX. Press releases and SEC-referenced announcements describe how AYRO initially positioned itself as a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro-distribution, micro-mobility, and last-mile delivery, highlighting its zero emission vehicles and systems and the AYRO Vanish low-speed electric vehicle.
News items from late 2024 and early 2025 detail operational developments such as the partnership with GLV Ventures for lower-cost U.S.-based engineering and manufacturing of the Vanish, AYRO’s designation as a tier one supplier for General Motors through that partnership, and the securing of a purchase order from a top three U.S. automotive manufacturer. Additional coverage includes the launch of a robotics division focused on AI-driven automated manufacturing of electric vehicles and high-technology EV chargers, and a stakeholder letter summarizing cost reductions, management changes, and contract manufacturing opportunities.
Beginning in mid-2025, the news flow shifts toward strategic alternatives and digital asset initiatives. Releases describe AYRO’s exploration of opportunities related to technologies underlying crypto-based stablecoins, its efforts to regain and maintain Nasdaq compliance, and the announcement of a pureplay multi-token investment strategy targeting crypto tokens tied to the stablecoin industry. Subsequent news reports the corporate name change to StableX Technologies, Inc., the ticker change from AYRO to SBLX, and the company’s first disclosed token purchase involving FLUID tokens as part of its stablecoin-focused strategy.
Investors and researchers can use this news page to review historical announcements under the AYRO symbol and to understand how those disclosures connect to the company’s current identity and strategy as StableX Technologies, Inc. (SBLX) in the stablecoin and digital asset space.
AYRO, Inc. (NASDAQ:AYRO), a designer and manufacturer of electric delivery vehicles, has announced key management changes to revamp its low-speed electric vehicle strategy. The company has appointed Joseph Ramelli as the new Chief Financial Officer and Gilbert Villarreal as President of AYRO's operating subsidiary. Ramelli brings extensive management and capital markets experience, while Villarreal, founder of GLV Ventures, has 25 years of expertise in vehicle design and production.
AYRO's Executive Chairman, Josh Silverman, emphasized that these additions aim to reduce costs and maximize profits. With $37 million in cash as of June 30, 2024, AYRO plans to re-engineer the Vanish model for cost-effective production. The company is also exploring M&A and capital investment opportunities to enhance stockholder value.
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