Rod Keller | Source | CEO at AYRO Inc.

This strategic investment further expands our relationship with Karma and provides better access to Wanxiang's global supply-chain, as well as A123's leadership in automotive lithium battery technology. This important investment should help Ayro accelerate our mission to provide next generation, purpose-built EV solutions designed for the urban, last-mile, and food delivery markets. We believe that this strategic investment by Wanxiang and existing investors is a testament to our future potential.