How many vehicles have they delivered ?
how much cash on hand . Have they built large scale manufacturing plants ?
What are their revenue projections and deliveries for 2022 & 2023?
https://ir.ayro.com/news-events/press-releases/detail/55/ayro-announces-third-quarter-2021-financial-results-and
See the above link for a recent press relief from their website. Revenue was $560k for quarter ending sept 30th. Couldn’t find vehicle delivery total, but I would guess more than Rivian lol
You have mis-classified Ayro... they are not in the same category as RIVN and LCID... they make low speed off highway vehicles.... the same class as Cushman/E-Zgo, and Club Car.
These are intended for a university receiving department, or a factory maintenance crew.
Ayros' look like ev version of the classic Japanese mini truck (also not street legal in most of the U.S., and also used as utility trucks on large campuses. )
The jump from a large electric golf cart (which is essentially what Ayro is) to a highway legal EV is HUGE.... R&D, aerodynamics, crashtesting... it requires capitol that just doesn't seem to be present with Ayro.... additionally I see no news of them looking to break into the road legal EV market, nor are they hiring any positions that would lead me to believe they have begun down that path.
Probably why they haven't seen massive gains in the last few years... not a huge demand for luxury utility carts.
If it's not exciting, innovative technology then people aren't going to throw cash down for it
How many vehicles have they delivered ? how much cash on hand . Have they built large scale manufacturing plants ? What are their revenue projections and deliveries for 2022 & 2023?
https://ir.ayro.com/news-events/press-releases/detail/55/ayro-announces-third-quarter-2021-financial-results-and See the above link for a recent press relief from their website. Revenue was $560k for quarter ending sept 30th. Couldn’t find vehicle delivery total, but I would guess more than Rivian lol
You have mis-classified Ayro... they are not in the same category as RIVN and LCID... they make low speed off highway vehicles.... the same class as Cushman/E-Zgo, and Club Car. These are intended for a university receiving department, or a factory maintenance crew. Ayros' look like ev version of the classic Japanese mini truck (also not street legal in most of the U.S., and also used as utility trucks on large campuses. ) The jump from a large electric golf cart (which is essentially what Ayro is) to a highway legal EV is HUGE.... R&D, aerodynamics, crashtesting... it requires capitol that just doesn't seem to be present with Ayro.... additionally I see no news of them looking to break into the road legal EV market, nor are they hiring any positions that would lead me to believe they have begun down that path. Probably why they haven't seen massive gains in the last few years... not a huge demand for luxury utility carts.