ROUND ROCK, TX / ACCESSWIRE / December 15, 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 the appointment of its chief financial officer David Hollingsworth as interim president of the operations division of AYRO, AYRO Operating Company, Inc. Mr. Hollingsworth will continue with his ongoing duties as the parent company's CFO, chief information officer and chief human resources officer. Mr. Hollingsworth's appointment follows Tom Wittenschlaeger's recent departure from AYRO.Mr. Hollingsworth commented, "AYRO is in a unique

ROUND ROCK, TX / ACCESSWIRE / August 24, 2022 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro mobility, and last-mile delivery, announces the appointment of David E. Hollingsworth as the Company's Chief Financial Officer (CFO), effective August 23, 2022. Mr. Hollingsworth brings deep financial reporting and accounting experience spanning 16 years, including most recently as the interim CFO at the Company since January 2022."Dave has proven himself as a finance leader who brings strategic thought and a deep knowledge of financial accounting, treasury, enabling systems inf

AUSTIN, Dec. 15, 2021 (GLOBE NEWSWIRE) -- AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro mobility, and last-mile delivery, announces results from its Annual Meeting of Stockholders held on December 14, 2021. Seven directors (Thomas M. Wittenschlaeger, Joshua Silverman, Wayne R. Walker, George Devlin, Sebastian Giordano, Zvi Joseph, and Greg Schiffman) were elected to serve a one-year term on the Board. The appointment of Friedman LLP as AYRO's independent registered public accounting firm for the fiscal year ending December 31, 2021 was ratified. Additionally, CEO Th

ROUND ROCK, TEXAS / ACCESS Newswire / January 16, 2025 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro-distribution, micro-mobility, and last-mile delivery, today provides a letter to stakeholders highlighting its recent accomplishments and discussing its path forward.To our valued stakeholders,Clearly, 2024 was a transformational year for AYRO. The purpose of this letter is to update you on our progress and how these developments help set our course for 2025.Recent AccomplishmentsDuring the fourth quarter of 2023, the Company took extraordinary measures to reduce its cost structure and imp

ROUND ROCK, TX / ACCESSWIRE / December 16, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announced today that through its partnership with GLV Ventures (GLV) it has secured its first purchase order from one of the top three automotive manufacturers in the United States.Josh Silverman, AYRO's Executive Chairman, commented, "This initial purchase order, which is from a top three automotive OEM, not only represents the first new business opportunity that we have secured since partnering with GLV, demonstrating our intention to levera

Work will expand the scope of AYRO's recently announced low-cost manufacturing and engineering efforts; AYRO intends to collaborate with partner GLV for future projects with the top U.S. auto manufacturerROUND ROCK, TX / ACCESSWIRE / December 12, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces that it has been named a tier one supplier for General Motors (GM) through its partnership with GLV Ventures (GLV). AYRO and GLV intend to supply GM as part of an increase in scope of their previously announced low-cost manufacturing

Beginning with the Company's Vanish electric vehicle, AYRO will utilize GLV's lower cost U.S. manufacturing footprint to add new partnerships and secure new purchase ordersROUND ROCK, TX / ACCESSWIRE / December 4, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro-distribution, micro-mobility, and last-mile delivery, today announced a partnership with GLV Ventures for the engineering and manufacturing of the Company's electric vehicle, the Vanish. The relationship will launch with the re-engineering and manufacturing of the Vanish in the United States using its original specifications.Jos

Company continues to actively create market opportunities for vehicle sales for the Vanish while leveraging $48 million cash position to optimize shareholder valueROUND ROCK, TX / ACCESSWIRE / January 10, 2024 / 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 its upcoming participation in the 2024 PGA Show January 24-26, 2024, in Orlando, Florida. Those attending the 2024 PGA Show can find AYRO at Booth No. 2373."The PGA Show is an important opportunity to demonstrate our newest technology to an audience we have long considered amo

Begins launch of new vehicles with strong balance sheet of $48 million in cashROUND ROCK, TX / ACCESSWIRE / January 3, 2024 / 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 the Company received its first U.S. Government order for the Company's utility low-speed electric vehicle ("LSEV"), the AYRO Vanish (the "Vanish"), for a United States Embassy located in South Asia."This order highlights the value a whisper quiet, high payload utility vehicle brings to an environment where noise is a principal liability," noted David Holli

ROUND ROCK, TX / ACCESSWIRE / December 15, 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 the appointment of its chief financial officer David Hollingsworth as interim president of the operations division of AYRO, AYRO Operating Company, Inc. Mr. Hollingsworth will continue with his ongoing duties as the parent company's CFO, chief information officer and chief human resources officer. Mr. Hollingsworth's appointment follows Tom Wittenschlaeger's recent departure from AYRO.Mr. Hollingsworth commented, "AYRO is in a unique

Feature segment to provide LSEV education and showcase how the AYRO Vanish is changing the industry.ROUND ROCK, TX / ACCESSWIRE / December 7, 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 its upcoming appearance on the esteemed Viewpoint television series hosted by renowned actor and environmental advocate, Dennis Quaid. The segment, titled 'Innovative LSEV Manufacturers Advancing Sustainable Fleets,' which is set to be distributed to public television stations in December, will feature discussions on the ideal application

New order represents significant milestone following production launch.ROUND ROCK, TX / ACCESSWIRE / December 5, 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 the Company received the first fleet order of the Company's utility low-speed electric vehicle ("LSEV"), the AYRO Vanish (the "Vanish"), for a Fortune 100 Retailer. "This fleet order is thanks to the work of one of our newest dealers Garage Carts/Golf Cars of Northwest Arkansas and their relationships with manufacturers and distribution centers," said Terry

Move is expected to make it easier for importers to import AYRO's low-speed electric vehicles ("LSEVs") into CanadaROUND ROCK, TX / ACCESSWIRE / November 21, 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 the Company is now registered on Transport Canada's Appendix G Pre-clearance Program as a foreign manufacturer of new Canadian specification low-speed vehicles. As a result, it is now easier for Canadian commercial importers to import new Canadian-compliant AYRO vehicles into Canada. The first of these vehicles, the

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ROUND ROCK, TX / ACCESSWIRE / November 20, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces financial results for the third quarter ended September 30, 2023.Recent Financial Highlights:Recognized first revenue from new AYRO Vanish units in the third quarter of 2023Adjusted EBITDA in the third quarter of 2023 was ($5.2) million vs. ($4.8) million in the prior year periodApproximately $47.9 million in cash and equivalents, marketable securities, and restricted cash at September 30, 2023"The third quarter of 2023 was marked by

ROUND ROCK, TX / ACCESSWIRE / August 14, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces financial results for the second quarter ended June 30, 2023.Recent Financial Highlights:Net loss of $6.0 million in the second quarter of 2023 compared to net loss of $6.0 million in the prior year periodApproximately $52.0 million in cash to date, including the proceeds of a $22 million financing consummated in early August 2023"We made significant progress during the second quarter that we believe brings us ever closer to the commer

Conference Call to be held on Tuesday, August 15, 2023 at 8:30 a.m. Eastern TimeROUND ROCK, TX / ACCESSWIRE / August 9, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces that it will report second quarter 2023 financial results on Monday, August 14, 2023 after the market close.AYRO management will host a conference call at 8:30 a.m. ET on Tuesday, August 15, 2023 to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session.To l

Conference Call to be held on Tuesday, August 15, 2023 at 8:30 a.m. Eastern TimeROUND ROCK, TX / ACCESSWIRE / August 9, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces that it will report second quarter 2023 financial results on Monday, August 14, 2023 after the market close.AYRO management will host a conference call at 8:30 a.m. ET on Tuesday, August 15, 2023 to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session.To l

ROUND ROCK, TX / ACCESSWIRE / May 9, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces financial results for the quarter ended March 31, 2023.Recent Financial and Corporate Highlights:Net loss declined to ($5.5) million in the first quarter of 2023 vs. net loss of ($4.6) million in the prior year periodTotal cash and marketable securities of $41.7 million and no debt as of March 31, 2023"We have made significant recent progress with respect to development of the AYRO Vanish, our low-speed electric vehicle, or LSEV, with adap

Conference Call to be held on Tuesday, May 9, 2023 at 8:30 a.m. Eastern TimeROUND ROCK, TX / ACCESSWIRE / May 2, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces that it will report first quarter 2023 financial results on Tuesday, May 9, 2023 before the market open.AYRO management will also host a conference call at 8:30 a.m. ET on Tuesday, May 9, 2023 to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session.To listen to t

2022 Net Loss improves by $10.2M YOYROUND ROCK, TX / ACCESSWIRE / March 23, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces financial results for the year ended December 31, 2022.FY2022 Financial Highlights:Revenue grew 11% YOY to $3.0 million in 2022 vs. $2.7 million in 2021Net loss improved to ($22.9) million in 2022 vs. net loss of ($33.1) million in 2021Adjusted EBITDA loss of ($18.5) million in 2022 vs. an Adjusted EBITDA loss of ($25.0) million in 2021Total cash and marketable securities of $48.9 million and no debt

Conference Call to be held on Thursday, March 23, 2023 at 8:30 a.m. ETROUND ROCK, TX / ACCESSWIRE / March 15, 2023 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces that it will report year-end 2022 financial results on Thursday, March 23, 2023 before the market open.AYRO management will also host a conference call at 8:30 a.m. ET on Thursday, March 23, 2023 to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session.To listen to t

**Please note the new 3Q22 earnings conference call link below**ROUND ROCK, TX / ACCESSWIRE / November 3, 2022 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro mobility, and last-mile delivery, announces financial results for the quarter ended September 30, 2022.Recent Financial and Corporate Highlights:Revenue of approximately $373,000Net loss of ($5.7) million in 3Q22 vs. net loss of ($12.0) million in 3Q21Adjusted EBITDA loss of ($4.8) million in 3Q22 vs. an Adjusted EBITDA loss of ($8.2) million in 3Q21Total cash and marketable securities of $55.2 million and no debt

Conference Call to be held on Thursday, November 3, 2022 at 8:30 a.m. Eastern TimeROUND ROCK, TX / ACCESSWIRE / October 28, 2022 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro mobility, and last-mile delivery, announces that it will report third quarter 2022 financial results on Thursday, November 3, 2022 before the market open.AYRO management will also host a conference call at 8:30 a.m. ET on Thursday, November 3, 2022 to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer