Fly-E Group opens retail store in Mexico City

Fly-E Group (FLYE) announced the grand opening of its retail store in Mexico City in collaboration with its local distributor, TECHNOLOGIES E-SOLOMO, marking a significant milestone in the Company’s expansion into the South American market. In addition, Fly-E entered into a Strategic Partnership Agreement with E-Solomo. The collaboration aims to leverage both companies’ strengths to accelerate market penetration and provide innovative, high-quality electric mobility solutions to local consumers. According to the Agreement, E-Solomo agreed to facilitate Fly-E’s expansion into the Mexican market through E-Solomo’s sales network and brand influence and provide localization and supply chain assistance. Fly-E agreed to, in turn, provide E-Solomo access to its proprietary technologies. The parties also plan to collaborate on the implementation of IoT technology and smart mobility solutions, and to jointly establish an after-sales service network in Mexico to strengthen customer support and experience.