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), 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.
FAQ
What is the current stock price of Ayro (AYRO)?
What is the market cap of Ayro (AYRO)?
