Company profile: AYRO
1.1 - Company Overview
Company description
- Provider of automotive-grade, purpose-built electric vehicles, designing and manufacturing low-speed EVs for utility and passenger transport. Offerings include AYRO Vanish, configurable for last-mile delivery, micro distribution, and campus mobility; and AYRO Valet, a 6-seat LSEV with lithium-ion batteries and up to 50-mile range.
Products and services
- Automotive-Grade EV Design and Manufacturing: AYRO architects and builds electric vehicles, producing vehicles for low-speed campus mobility, last-mile delivery, and micro distribution applications
- AYRO Valet: A 6-seat low-speed electric vehicle engineered for transporting people, outfitted with lithium-ion batteries delivering up to 50-mile range on a full charge
- AYRO Vanish: A low-speed electric vehicle engineered for utility purposes, purpose-built and offering configurations for last-mile delivery, micro distribution, and campus mobility.
Key contacts
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Financial details
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1.2 - Competitors and similar companies to AYRO
Cenntro
HQ: United States
Website
- Description: Provider of commercial electric vehicles and autonomous driving solutions, designing, manufacturing, and distributing all-electric urban delivery vehicles. Products include the Cenntro iChassis programmable electric platform for automated/autonomous applications, and Metro and Logistar 200/260/300/400 vehicles with large cargo capacities and ranges up to 273 miles.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Coil
HQ: United States
Website
- Description: Provider of EV chargers, home battery backup systems, and electric IoT devices, offering manufacturing, supply, and installation services for various properties.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Beam Global
HQ: United States
Website
- Description: Provider of solar-powered, off-grid EV charging infrastructure, including EV ARC transportable stations and Solar Tree solutions for medium and heavy-duty vehicles; modular and custom battery solutions via Beam AllCell; ARC Mobility Trailer for relocating EV ARC systems; and sustainable infrastructure goods and solutions, including energy storage, energy security, and outdoor media.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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GreenPower Motor
HQ: Canada
Website
- Description: Provider of all-electric commercial vehicles, designing, building and distributing high- and low-floor transit buses, school buses (BEAST and Nano BEAST), shuttles and a double decker, plus EV Star passenger van and cargo variants (Cargo, Cargo Plus, Refrigerated Cargo) built on proprietary platforms and cab/chassis. Vehicles are clean-sheet, battery-powered and zero-emission for transit, shuttle and delivery.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full GreenPower Motor company profile →
Mob-Energy
HQ: France
Website
- Description: Provider of mobile, innovative EV charging solutions, designing autonomous robots to move energy where needed and optimize existing infrastructure. Offers EIKO, a second-life battery storage and EV charging system using off-peak energy without major upgrades; CHARLES, an autonomous EV charging robot; and ME Services for system supervision, remote monitoring, user support, and preventive maintenance.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Mob-Energy company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for AYRO
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to AYRO
2.2 - Growth funds investing in similar companies to AYRO
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4 - Top valuation comps for AYRO
4.2 - Public trading comparable groups for AYRO
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