AYRO has appointed Joseph Ramelli as AYRO‘s new CFO and Gilbert Villarreal as President of AYRO’s operating subsidiary. Tamelli has vast experience in various management roles, including CEO, CFO and president. Mr. Ramelli also has over 15 years of experience in varied roles at investment firms. AYRO believes that Mr. Ramelli’s management and capital markets experience will be instrumental in managing AYRO’s strong cash position and employing prudent financial rigor as AYRO continues to work towards bringing its innovative electrical vehicles to market, while also managing costs and maximizing profits. Gilbert Villarreal is the founder of GLV Ventures, a leader in the design and production of a variety of vehicles including electric vehicles.