tiprankstipranks
The Fly

AYRO launches robotics division

AYRO launches robotics division

AYRO (AYRO) announces the launch of its new robotics division, which will be focused on AI-driven, automated manufacturing of EVs and accompanying accessories. The Company has already received its first purchase order for high-technology EV chargers, which require precision assembly using robotic equipment. In addition, the client providing the purchase order has leased space within warehouses owned by GLV, AYRO’s partner, to house the robotic equipment, providing additional revenue for the Company resulting from the purchase order.

Discover the Best Stocks and Maximize Your Portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1