$AYRO DD Thread:
CEO, Mission, Vision, Plan:
https://secure.ayro.com/merger/?main-site-popup

Ayro is a designer innovator and developer in the Low Speed Electric Vehicles (LSEVs) market for the purpose of utility.

P.s. If you stay for the end you'll get a nice NEW shiny nugget. https://twitter.com/KDTrading_TRT/status/1345972859089399808

Their CEO Rodney Keller is well renowned in the tech, special purpose innovation markets serving in high positions at multiple big tech companies namely:

- President, Segway Inc.
- President & CEO, T3 Motion
- Executive with: Toshiba, Dell, & Cisco

With two current models the Ayro 311, a small purpose agile 3 wheeled vehicle and the Ayro 411 which is a customizable utility truck the ability to be convertible to fit a multitude of purposes. Ayro 511 (concept vehicle) designed to be an all-purpose off-road utility EV.

Currently, many purpose-built electric vehicle manufacturers have negative gross margins. But AYRO’s proprietary production methods generate north of 20% gross margins on the 411 truck, and >30% profit on the model 311. These margins are projected in the future w/ volume.

Recently completed a factory expansion to increase vehicle production capacity by 200%. The expansion more than doubled our factory space from 10,000 square feet to 24,000. With plans to introduce another model of the Ayro 311, the Ayro 311X.

Partnerships : https://ayro.com/partnerships/ 
- Club Car, Autonomic (subsidiary of Ford Smart Mobility), Circuit of the Americas, Karma Automotive, University of Penn State and with recent hints to a partnership in the Food delivery Service.
https://ayro.com/penn-state-case-study/

Food Delivery & EVs: Restaurants are paying 30% cuts to DoorDash & Uber Technologies are exploring purchasing small delivery EVs from Ayro.
“We’re gonna talk to both sides,” Keller said of working with restaurants and food delivery companies. https://finance.yahoo.com/news/ideanomics-arcimoto-ayro-worksport-ceos-202858004.html

Other uses for their Vehicles Include:

Recent Ayro Noteworthy PRs:
9/29/2020 - AYRO Inc. and Karma Automotive’s Innovation and Customization Center Announce Strategic Partnership
- Project targets more than 20,000 vehicles to be produced through 2023 valued at more than $300 million. https://ir.ayro.com/news-events/press-releases/detail/24/ayro-inc-and-karma-automotives-innovation-and

11/23/2020 - AYRO Announces $10.0 Million Registered Direct Offering Priced ATM
- Ayro entered into definitive agreements with Carnegie Hudson Resources, an investment arm of Wanxiang America. Wanxiang Group, a Chinese conglomerate and owner of Karma Automotive.

12/4/2020 - AYRO to Participate on EV Panel at Benzinga’s Global SmallCap Conference and Present to Investors on December 8-9, 2020 https://ir.ayro.com/news-events/press-releases/detail/29/ayro-to-participate-on-ev-panel-at-benzingas-global

- Series A Warrants are exercisable immediately terminate six months exercise price of $8.09 per share
- Series B Warrants are exercisable immediately terminate five years exercise price of $8.90 per share

Recent Extra DD:

Their email response suggests alternative avenues for the deployment of company vehicles, IN ADDITION, to the food delivery service is being investigated. If even remotely true could yield high dollar city-wide contracts making their margins more profitable.