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Element Fleet to help bring AYRO’s next-generation delivery EVs to market by offering comprehensive management services and financing.
AUSTIN, TEXAS, March 17, 2021 (GLOBE NEWSWIRE) AYRO, Inc. (Nasdaq: AYRO) (“AYRO” or the “Company”), a designer and manufacturer of light-duty, short-haul, and last-mile delivery electric vehicles (EVs), today announces an agreement with Element Fleet Management, the world’s largest pure-play automotive fleet manager. By combining AYRO’s marketing, engineering, and production expertise with Element’s fleet management capabilities, global footprint and consulting experience, the companies aim to support the deployment of large fleets of AYRO electric delivery vehicles over the next four years.