*Sponsored by Lifewater Media. Please see disclosures below. |
| Put "AYRO" on Your Radar! |
| | | | | Folks, We have another intriguing idea for you today...
Ayro, Inc. is a designer and manufacturer of low-speed electric vehicles (LSEVs) and other solutions that leave minimal impact on not only carbon emissions, but the space itself.
| | | Their flagship product, the Vanish, has a lightweight architecture that is designed to limit vehicle weight and maximize payload capacity. The model is available in a number of configurations, allowing customers to "meet a multitude of demands without needing multiple vehicle types." By having a number of models all with identical chassis, subsystems, and components, the Vanish allows for "logistical streamlining and minimizing total cost of ownership." The company began shipping this model in 2023 and have already finalized a number of key deals for it! | | | For example, Ayro received a U.S. Government order for an embassy in South Asia in the beginning of 2024... Why is this a big deal?
The US government employs millions of individuals domestically and abroad, making them a potentially game-changing client for a company like Ayro.
One good word out from South Asia could result in millions of additional dollars into Ayro's pockets. | | | Here's where things get interesting... The company is working on two additional LSEVs that could expand the company versatility and market reach. The Valet is a 6 seat "premium people mover" that is built for getting around a campus, resort or facility while the Vapor is its smaller, more agile little brother. | | | So why the effort to diversify into new production designs? The truth is that the "Low Speed Vehicle" market is a dynamic and quickly expanding space... Global Market Insights expects it to grow at a 10% CAGR between 2023 and 2032, which means that having a diverse product line increases the chances that Ayro will take a decent chunk of the pie. | | | Of course, it's not all about the fundamentals... The price action history also gives us important clues about what the future may have in store for AYRO. For instance, the stock saw a massive rally only a few days ago pushing shares to $1.12 at highs, before coming back down to earth. | | | The "proof of spikeability" will likely keep AYRO bulls large and in charge over the coming days and weeks. This optimistic outlook is only amplified by the stock's super low float....only 5.49 million (according to Finviz). | | | In other words, it may only take a few savvy speculators to bring AYRO back to it's former glory. Anyways...
That's all for now! Until Next Time, -Damian | P.S. Want our text alerts? Text "ZIPTRADER" to 1-(855)-228-1598 to sign up!
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*Sponsored by Lifewater Media. Please see disclosures below. |
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