(AYRO) AYRO - Ratings and Ratios

Ayro, Inc. (NASDAQ:AYRO) specializes in designing, manufacturing, and marketing electric vehicles tailored for niche applications such as closed campus mobility, urban transport, last-mile delivery, and government use. Their product line includes purpose-built four-wheeled electric vehicles designed for universities, business and medical campuses, last-mile delivery services, and food service providers. Ayros vehicles serve as eco-friendly alternatives to traditional internal combustion engine vehicles for light-duty applications, including logistics, maintenance, and cargo services. The company also focuses on developing the AYRO Vanish fleet, a series of low-speed electric vehicles. Originally known as AEV Technologies, Inc., Ayro was rebranded in 2017 and is headquartered in Round Rock, Texas.

Ayros strategic focus is on sustainable mobility solutions, targeting specific markets where emissions reduction and cost efficiency are prioritized. Their vehicles are designed to navigate controlled environments and urban settings efficiently, addressing the growing demand for environmentally responsible transportation options in sectors like education, healthcare, and logistics.