AYRO, Inc. announced the receipt of an initial purchase order valued at $2 million, subject to the terms and conditions of the Master Procurement Agreement executed March 13, 2019. This immediately follows the launch of the 2022 Club Car Current, the next generation of the Club Car 411 that features new options for improved safety and comfort in the same compact, customizable design that universities, restaurants, governments, hospitals, hotel resorts, sports stadiums, and airports across the U.S. have come to love. This first purchase order signals the strong, and immediate, demand for the Club Car Current as business sustainability goals and EV adoption increase. The Club Car Current fills the gap between full-sized trucks and small utility carts, which makes it ideal for low-speed logistics and cargo services in campus and urban environments. Similar to the previous generation, it is engineered for multiple bed options and accessories - van box, pickup truck with sides, flatbed configurations - for fleet versatility. It is also deemed road safe by the U.S. Department of Transportation and certified under California’s California Air Resource Board (CARB) Certification Program with “cleanest” scores for global warming and air quality of zero emission vehicles. Gallery Carts will customize the Club Car Current to support a wide range of on-board food and retail options, and Element Fleet Management will offer this vehicle alongside its financing, maintenance, roadside assistance, and other fleet services and solutions. This 2022 vehicle offers new features and improvements which provide owners and operators with the following: New body panel material composition, improving strength and durability for challenging environments; All new look consistent with the Club Car brand; Redesigned cab interior optimizing driver; nd passenger comfort—focus on creating more space and improved temperature management; Enhanced safety features conforming to FMVSS standards—e.g., pedestrian low-speed warning system; Tested and certified to SAE J2258 (LSV) and J2358 (Non-LSV) standards; All new accessory suite and bed options to expand use cases.