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.
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AYRO, Inc. (NASDAQ: AYRO) to be featured on Viewpoint to discuss its innovative low-speed electric vehicles (LSEVs) and showcase its contributions to sustainable transportation solutions. The segment will air on public television stations and feature a network commercial on Fox Business Network. AYRO's CEO, Tom Wittenschlaeger, expressed excitement for the opportunity to highlight the company's commitment to sustainability and innovation.
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AYRO, Inc. (NASDAQ:AYRO) announces receiving the first fleet order of the AYRO Vanish, a low-speed electric vehicle, for a Fortune 100 Retailer. The order signifies a significant milestone following the production launch and confirms AYRO's successful entry into production, testing, and homologation requirements in the United States and Canada. The Vanish offers adaptable bed configurations for fleet, commercial, and personal use, and the order reflects the growing demand for sustainable fleet solutions.
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AYRO, Inc. (NASDAQ: AYRO) has announced its registration on Transport Canada's Appendix G Pre-clearance Program as a foreign manufacturer of new Canadian specification low-speed vehicles, making it easier for Canadian importers to bring in AYRO's electric vehicles. The approval allows for the importation of the AYRO Vanish LSEV, the company's utility LSEV with adaptable bed configurations, into Canada. This move is expected to expand AYRO's reach and usage of low-speed electric fleet throughout North America.
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AYRO, Inc. (NASDAQ: AYRO) announces financial results for Q3 2023, including first revenue from new AYRO Vanish units. Adjusted EBITDA was ($5.2) million. $47.9 million in cash and equivalents, marketable securities, and restricted cash at September 30, 2023. CEO Tom Wittenschlaeger highlights significant milestones including regulatory certifications for AYRO Vanish and additional patents. Focus on manufacturing additional AYRO Vanish units and transitioning to full production. Expecting cost of goods sold to decline and forecast reaching break-even on a per-unit basis during the second half of 2024. Third Quarter 2023 Earnings Conference Call scheduled for November 21, 2023.
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AYRO, a designer and manufacturer of electric vehicles, partnered with Forum Communications and won a silver award at the 18th Annual w3 Awards. The award recognizes the new AYRO.com website in the General Websites - Environmental & Sustainability category. The website was developed as part of the re-brand and launch of the 2023 AYRO Vanish, a low-speed electric vehicle with adaptable configurations. The partnership with Forum Communications has been successful in aligning marketing strategies.
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AYRO, Inc. hosted a live test drive event for its new AYRO Vanish low-speed electric vehicle. Attendees praised the vehicle's drivability and comfort. For more information, visit ayro.com.
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AYRO secures new patent for vehicle environmental impact reduction
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AYRO regains compliance with Nasdaq's minimum bid price listing requirement.
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AYRO, Inc. has been issued U.S. Patent No. 11752902 for a vehicle seating system, representing a milestone for the company's innovative designs. The patent allows for the fabrication of custom seat bolsters to enhance user comfort and vehicle utilization. AYRO aims to set the standard for sustainability while maintaining functionality and aesthetics. This innovation could elevate the understanding of how sustainability intersects with low-speed electric vehicles (LSEVs).
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AYRO announces shipment of first production Vanish units to Cruising Kitchens, a key channel partner. AYRO believes this positions them well to reach broader fleets as they transition to electric vehicles.
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