Ayro Inc Stock Price, News & Analysis

AYRO, Inc. (NASDAQ: AYRO) will showcase its all-electric delivery vehicle, the GODega, at the upcoming Food On Demand Conference in Las Vegas from November 10-12, 2021. Partnering with Gallery Carts, AYRO aims to demonstrate how its EVs can enhance food delivery services while supporting sustainability. The GODega is designed for diverse environments, offering onboard refrigeration and customizable branding. The conference will highlight the evolving food service landscape, with expected participation from key industry figures.

AYRO, Inc. (NASDAQ: AYRO) announced participation in the 2021 Global Fleet Conference, scheduled for October 26-28 in Miami. Kevin O’Rourke, AYRO's Director of Strategic Accounts, will join a panel discussing fleet electrification challenges. The conference aims to enhance understanding of fleet management among industry executives and stakeholders. O’Rourke expressed his anticipation in sharing insights on the hurdles faced by fleet operators transitioning to electric vehicles, alongside partners like Element Fleet Management.

AYRO, Inc. (NASDAQ: AYRO) has appointed Thomas M. Wittenschlaeger as its new Chief Executive Officer. Wittenschlaeger brings over 25 years of experience in technology-driven engineering and product development, having previously led NantMobility and served at FOX Factory. His appointment aims to enhance AYRO's position in the electric vehicle market. As an inducement, he was granted 450,000 shares of restricted stock, set to vest upon meeting specific milestones. Former CEO Rod Keller will continue as a consultant during the transition.

AUSTIN, Sept. 09, 2021 (GLOBE NEWSWIRE) -- AYRO announced that CEO Rod Keller will present at the H.C. Wainwright 23rd Annual Global Investment Conference, taking place virtually from September 13-15, 2021. The presentation will be accessible starting September 13 at 7:00 AM ET. Investors can register for the event online. Keller will also hold one-on-one meetings during the conference. AYRO specializes in manufacturing electric vehicles aimed at short-haul and last-mile delivery, emphasizing sustainability and customized solutions for fleets.

AYRO, a Texas-based manufacturer of electric vehicles, announced CEO Rod Keller's participation in two upcoming investor conferences. Keller will present on August 18 at the Q3 Investor Summit at 3:30 pm ET and on August 19 at the SNN Network Summer Virtual Event at 2:00 pm ET. One-on-one meetings with management will also be available during these conferences. Investors can register to attend through the provided links. AYRO is focused on creating sustainable urban electric vehicle solutions for fleet operations.

AYRO, Inc. (Nasdaq: AYRO) reported strong financial results for Q2 2021, with a revenue increase of 83% year-over-year to $522,067. However, the company posted a net loss of $7.7 million and an adjusted EBITDA loss of $5.9 million. Total cash stands at $87.9 million with no debt. The recent launch of the Club Car Current generated $4.9 million in purchase orders, signaling strong demand. The company aims to unveil a new e-delivery system by early 2022, capitalizing on the growing $45 billion restaurant delivery market.

AYRO, Inc. (NASDAQ: AYRO) announced a new purchase order worth $2.9 million for its Club Car Current electric delivery vehicle, bringing total orders to $4.9 million since June 2021. This reflects strong market demand for the vehicle, which combines electric efficiency with customizable configurations. The Club Car Current is positioned for diverse use across various sectors such as universities and airports. With significant reductions in operating costs and weight compared to traditional vehicles, AYRO aims to capitalize on the growing demand for sustainable fleet solutions.

AYRO, Inc. (Nasdaq: AYRO) announced it will report its second quarter 2021 financial results on August 11, 2021, before market open. CEO Rod Keller and CFO Curt Smith will host a conference call at 8:30 a.m. ET to discuss the results and company updates, followed by a Q&A session. Interested parties can listen in via phone or through a live webcast accessible on the AYRO website. A replay of the webcast will be available until November 11, 2021. AYRO specializes in manufacturing electric vehicles designed for sustainable fleets.

AYRO, Inc. (Nasdaq: AYRO) announced that CEO Rod Keller will present at the Access to Giving Virtual Investor Conference from July 13 to 15, 2021. His presentation is scheduled for July 13 at 3:30 PM ET, with one-on-one meetings available throughout the event. AYRO specializes in light-duty electric vehicles for last-mile delivery, designed for sustainable fleets. Interested parties can register for the conference and request meetings via email. Founded in 2017, AYRO focuses on eco-friendly urban electric vehicle solutions.