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AYRO
About: AYRO Inc design and manufacture compact, sustainable electric vehicles for closed campus mobility, low-speed urban and community transport, local on-demand and last-mile delivery, and government use. It operates as one reportable segment, which is the design, development, manufacturing, and sales of electric vehicles, and operates in the United States.
Employees: 58
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
12% more capital invested
Capital invested by funds: $219K [Q2] → $245K (+$25.9K) [Q3]
0% more funds holding
Funds holding: 23 [Q2] → 23 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0.95% less ownership
Funds ownership: 5.31% [Q2] → 4.36% (-0.95%) [Q3]
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Research analyst outlook
We haven’t received any recent analyst ratings for AYRO.
Financial journalist opinion
Based on 3 articles about AYRO published over the past 30 days
Neutral
Accesswire
5 days ago
AYRO Secures Purchase Order From a Top Three Automotive Manufacturer
ROUND ROCK, TX / ACCESSWIRE / December 16, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announced today that through its partnership with GLV Ventures (GLV) it has secured its first purchase order from one of the top three automotive manufacturers in the United States. Josh Silverman, AYRO's Executive Chairman, commented, "This initial purchase order, which is from a top three automotive OEM, not only represents the first new business opportunity that we have secured since partnering with GLV, demonstrating our intention to leverage their low-cost facilities to expand our focus to securing design and manufacturing projects.
Neutral
Accesswire
1 week ago
AYRO Becomes Tier One Supplier for General Motors
Work will expand the scope of AYRO's recently announced low-cost manufacturing and engineering efforts; AYRO intends to collaborate with partner GLV for future projects with the top U.S. auto manufacturer ROUND ROCK, TX / ACCESSWIRE / December 12, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces that it has been named a tier one supplier for General Motors (GM) through its partnership with GLV Ventures (GLV). AYRO and GLV intend to supply GM as part of an increase in scope of their previously announced low-cost manufacturing and engineering efforts.
Neutral
Accesswire
2 weeks ago
AYRO Partners with GLV Ventures for Lower Cost Engineering and Manufacturing Based in the United States
Beginning with the Company's Vanish electric vehicle, AYRO will utilize GLV's lower cost U.S. manufacturing footprint to add new partnerships and secure new purchase orders ROUND ROCK, TX / ACCESSWIRE / December 4, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro-distribution, micro-mobility, and last-mile delivery, today announced a partnership with GLV Ventures for the engineering and manufacturing of the Company's electric vehicle, the Vanish. The relationship will launch with the re-engineering and manufacturing of the Vanish in the United States using its original specifications.
Positive
Seeking Alpha
1 month ago
EV Company News For The Month Of October 2024
Global electric car sales Sept. 2024 up 31% YoY to ~20% share. China sales up 51% to 53% share. Europe up 6% to 26% share. USA down 13.7% to 10.49%. EV market news - Trump to propose making car loan interest fully tax-deductible. Several of Europe's biggest carmakers unveiled low-cost EVs at the Paris Motor Show. EV company news - Tesla launches Cybercab & Robovan AVs. BYD surpasses Tesla in quarterly revenue for the first time. Volkswagen hit by 60% fall in profits.
Neutral
Accesswire
4 months ago
AYRO Appoints New Management Team to Re-Engineer and Revamp a Lower Cost Low-Speed Electric Vehicle
Appoints new President of operating division and new CFO ROUND ROCK, TX / ACCESSWIRE / August 21, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, today announced that it has appointed Joseph Ramelli as AYRO's new Chief Financial Officer and Gilbert Villarreal as President of AYRO's operating subsidiary. Joseph Ramelli has vast experience in various management roles, including chief executive officer, chief financial officer and president.
Positive
Seeking Alpha
4 months ago
EV Company News For The Month Of July 2024
Global electric car sales June 2024 up 15% YoY to 22% share. China sales up 23% to 49.9% share. Europe down 5% to 22% share. USA down 3.8% to 9.10%. EV market news - EU puts tariffs on China EVs. China doubles cash subsidies to replace ICE cars. U.S. EV sales reach new record in Q2 2024, up 11.3% YoY. EV company news - Tesla delays robotaxi event to October. JPMorgan hikes BYD's PT by more than 80% on outlook (to HKD 475). Volvo June electric car sales up 41%.
Positive
Seeking Alpha
5 months ago
EV Company News For The Month Of June 2024
Global electric car sales in May 2024 are up 23% YoY to 20% share. China sales up 33% to 47% share. Europe is down 10% to 21% share. The USA is up 3.2% to 8.74%. EV market news - EVs pass a key measure of 'Price Parity' in the US. EU to slap tariffs of up to 48% on EV imports from China. EV company news - BYD is in final talks for a Mexico factory. Musk lays out his Tesla targets for Robotaxis & Optimus humanoid robots (~$30T combined).
Negative
InvestorPlace
5 months ago
3 Penny Stocks That Could Make Your Grandchildren Rich
Penny stocks are risky but may make you wealthy with little money. The S&P 500 has 15–20% annual volatility (standard deviation), but penny stocks are riskier because their volatility might exceed 50%.
Neutral
Accesswire
8 months ago
AYRO Reports Year-End 2023 Financial Results and Provides Corporate Update
ROUND ROCK, TX / ACCESSWIRE / April 9, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, today announces financial results for the year ended December 31, 2023, and provides a corporate update. "During the fourth quarter of 2023 and throughout the first quarter of 2024, we took various measures intended to streamline our operations and focused on minimizing our cash burn, which is expected to continue to decline dramatically in 2024 as we target a burn rate of approximately $1.5 million per quarter," said Josh Silverman, AYRO's Executive Chairman.
Positive
InvestorPlace
10 months ago
3 Emerging EV Players That Investors May Be Overlooking
Just two relatively small data points show that the death of the electric-vehicle revolution has been greatly exaggerated (to paraphrase Mark Twain). First, the EV sales of Hyundai's (OTCMKTS: HYMTF ) luxury brand, Genesis, soared 280% last year to 6,403.
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