Ayro, Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Joshua N. Silverman
- Full Time Employees
- 58
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- Address
- 900 East Old Settlers Boulevard New York City TX United States of America 78664
- IPO Date
- Oct 7, 2003
- CIK
- 0001086745
- Website
- ayro.com
- Similar Companies
- Business
- Ayro, Inc. designs, manufactures, and sells compact, purpose-built low-speed electric vehicles (LSEVs) primarily targeted for commercial and fleet applications such as closed-campus mobility, last-mile and micro-distribution, urban community transport, and government use. The company's product portfolio includes four-wheeled electric utility vehicles tailored for universities, business and medical campuses, last mile delivery services, and food service providers. Specific models include the AYRO 411x electric four-wheel light-duty utility trucks and the AYRO Vanish fleet of vehicles, engineered for sustainable low-speed logistics, maintenance, and cargo services. Ayro emphasizes zero-emission vehicles and systems designed to minimize environmental impact in terms of carbon emissions, spatial footprint, and operational sustainability. Founded in 2017 and headquartered in Round Rock, Texas, Ayro operates manufacturing facilities in the United States with a focus on maintaining a Made in America guarantee. The company has recently doubled its manufacturing footprint in Round Rock to support growth and investments in tooling, equipment, and infrastructure. It also has strategic partnerships including a global multi-year sustainability solution agreement with Club Car and a collaborative initiative with GLV Ventures aimed at cost reduction and enhanced profitability in vehicle production. In the past two years, Ayro has undergone significant strategic shifts. Notably, in December 2024, it achieved Tier One Supplier status with General Motors, opening pathways for further design and manufacturing collaborations. In 2025, Ayro launched a new robotics division focused on AI-driven, automated manufacturing of electric vehicles and related accessories, enhancing its technological capabilities. The company also implemented operational restructuring to improve efficiency, including workforce adjustments and a re-engineering initiative for the Vanish vehicle to lower manufacturing costs. Moreover, Ayro expanded its strategic focus to include an investment strategy targeting digital assets and stablecoin technologies, coupled with a corporate name change to StableX Technologies, Inc. in August 2025, reflecting its diversified business trajectory beyond electric vehicles. These developments position Ayro as a forward-looking innovator in electric vehicle manufacturing with expanding capabilities in automation and digital asset investment, while maintaining a concentrated presence in urban and short-haul electric fleet solutions across North America. The company's leadership team has been strengthened to support growth, profitability, and operational excellence in an evolving market environment.
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AYRO, Inc. Announces Name Change to StableX Technologies, Inc. Reflecting New Focus on Investment Tied to the Growth of the Stablecoin Industry
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