AYRO (NASDAQ:AYRO) (NASDAQ:AYRO) is a designer and manufacturer of low-speed electric vehicles tailored for commercial, municipal, and consumer applications. Founded in 2017 and headquartered in Round Rock, Texas, the company develops compact, battery-powered vehicles intended for last-mile delivery, campus transportation, and specialty mobility markets. AYRO’s product lineup centers on lightweight, zero-emission vehicles that offer cost-effective alternatives to internal combustion options in settings such as resorts, universities, industrial complexes, and residential communities.
The company’s portfolio includes a range of utility and personal transportation models built on its proprietary AYRO Platform. Key offerings include the 311 utility vehicle, which features customizable cargo beds and modular accessory options, as well as the Sherpa delivery vehicle designed specifically for curbside and inner-city logistics. AYRO leverages a scalable architecture that accommodates upgrades in battery capacity, motor power, and advanced telematics systems, enabling fleet operators to tailor each vehicle to their operational requirements.
AYRO primarily serves clientele across the United States, with a concentration in Texas and neighboring states, and is exploring opportunities in select international markets. The company has established partnerships with municipalities, universities, and private enterprises seeking sustainable mobility solutions. Through its dealer and distributor network, AYRO provides sales, financing, and maintenance services to ensure seamless integration of its electric vehicles into existing fleets.
Led by a management team with extensive experience in automotive engineering, product development, and clean-energy innovation, AYRO has focused on rapid prototyping and iterative design to accelerate time-to-market. Under its current leadership, the company has emphasized cost-effective manufacturing processes and strategic collaborations to support scaling production. AYRO continues to invest in research and development aimed at enhancing battery performance, vehicle durability, and smart-fleet connectivity.
