AYRO completed the merger with DropCar.

AYRO, a US-based designer and manufacturer of purpose-built, automotive-grade, all-electric vehicles, completed the merger with DropCar, which provides automotive vehicle support, fleet logistics, and concierge services for consumers and automotive industries in the United States. "Following an extensive review of strategic alternatives, we believe that this merger with AYRO is the best path forward and has the potential to deliver significant and immediate value to DropCar shareholders. We look forward to incorporating the strength and dedication of the AYRO leadership team into the combined company," Joshua Silverman, DropCar Chairman.