- ByInvesting.com
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AYRO, Inc. designs and manufactures electric vehicles for closed campus mobility, low-speed urban and community transport, local on-demand and last-mile delivery and government use. The Company's vehicles provide the end user an alternative to internal combustion engine vehicles for light-duty uses, including low-speed logistics, maintenance services, cargo services, and personal/group transport. The Company’s product, the AYRO 411x, is an electric, four-wheel, compact, light-duty utility truck sold exclusively through its contracted partner, Club Car. Its products also include the AYRO Vanish, a utility low-speed electric vehicle (LSEV) with a lightweight architecture to limit vehicle weight and maximize payload capacity. The Company's four-wheeled purpose-built electric vehicles are offered to commercial customers, including universities, business and medical campuses, last-mile delivery services, and food service providers.