AYRO designs and manufactures purpose-built electric vehicles (EVs) aimed at enabling sustainable fleets for microdistribution and last-mile delivery. The company focuses on rapid, customizable deployments to meet specific buyer needs, making it a leader in the transition to EVs across various market segments. AYRO serves a diverse range of clients, including educational institutions, corporate campuses, hotels, resorts, food and beverage retailers, and government agencies. These clients benefit from AYRO's versatile line of utility, transportation, and street-legal vehicles, which are designed to reduce cost of ownership and carbon footprint while providing the same functionality as small trucks or vans. The business model revolves around selling these specialized EVs and offering tailored solutions to meet the unique requirements of different industries. Revenue is generated through the sale of vehicles and potentially through service and maintenance contracts.

Keywords: electric vehicles, microdistribution, last-mile delivery, customizable deployments, sustainable fleets, utility vehicles, transportation, zero emissions, cost reduction, carbon footprint.