AYRO expects record Q4 2021 revenue; sequential growth in Q1 and Q2 2022

Fabric.AI, Inc.

Record revenue and unit deliveries anticipated for Q4 2021; sequential revenue growth forecast for Q1 and Q2 2022.
Reduced senior staff and associated expenses by 40% (ex-one-time costs); cash $77M, no debt.
Shifting supply chain from Asia to North America to lower costs and speed deliveries.
Club Car launched lithium-battery Current with improved hill climbing and air conditioning.
Exploring EV acquisitions and partnerships to accelerate revenue growth and scale.

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