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AYRO Receives $2 Million Purchase Order for New Club Car Current EV Following Launch

Mount Equity Group Tokyo, Japan > News > Markets > AYRO Receives $2 Million Purchase Order for New Club Car Current EV Following Launch

The purchase order is for the Club Car Current for 2021, demonstrating high demand for the new light-duty EV drop.

AUSTIN, TEXAS, June 08, 2021 (GLOBE NEWSWIRE) — AYRO, Inc. (NASDAQ: AYRO), a designer and manufacturer of light-duty, short-haul, and last-mile delivery electric vehicles (EVs), today announced the receipt of an initial purchase order valued at $2 million, subject to the terms and conditions of the Master Procurement Agreement executed March 13, 2019. This immediately follows the launch of the 2022 Club Car Current, the next generation of the Club Car 411 that features new options for improved safety and comfort in the same compact, customizable design that universities, restaurants, governments, hospitals, hotel resorts, sports stadiums, and airports across the U.S. have come to love. This first purchase order signals the strong, and immediate, demand for the Club Car Current as business sustainability goals and EV adoption increase.

The Club Car Current fills the gap between full-sized trucks and small utility carts, which makes it ideal for low-speed logistics and cargo services in campus and urban environments. Similar to the previous generation, it is engineered for multiple bed options and accessories – van box, pickup truck with sides, flatbed configurations – for