Company: FLYE
Filing Date: 2025-04-22
Form Type: S-1
Source: 0001213900-25-034233
Chunk: 13

Company: Fly-E Group, Inc.
Filing Date: 2025-04-22
Form: S-1
Chunk 13
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are popular in big cities in the United States, such as New York City, Miami and Dallas. There is also a growing popularity
of E-scooters as an increasing number of EV merchants are launching their businesses in these cities.

New York City is a major
commercial hub and the largest metropolitan area in the United States. As a result, the volume of small package deliveries in New York
City is remarkably high, and it has continued to grow over the years. With the rise of E-commerce and online shopping, more and more
people in New York City are relying on package deliveries for their everyday needs, leading to a significant increase in small package
delivery volume. The COVID-19 pandemic has further accelerated this trend as more people have turned to online shopping.

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The high volume of package
deliveries in New York City has led to concerns about traffic congestion and delivery vehicle emissions, which the city is working
to address through initiatives such as congestion pricing and EV incentives. For short-distance deliveries within urban areas, E-bike
delivery can be a more efficient and environmentally friendly option compared to truck delivery. E-bikes can navigate through congested
city streets, often taking shorter routes that trucks cannot access, and deliver packages quickly without contributing to traffic congestion
or air pollution. Additionally, E-bikes are often cheaper to operate and maintain than trucks. We expect that other large densely populated
cities in the United States, such as Miami and Dallas, face similar challenges and will continue to adopt the use of E-bikes, E-motorcycles
and E-scooters to meet their delivery needs.

Our Products

We offer a diverse product
portfolio that satisfies various demands of our customers and addresses different urban travel scenarios. Following market trends and
technological updates, we continuously develop and add new products into our portfolio to meet our customers’ needs. We also aim
to continuously introduce upgrades and refreshes to our existing models.

E-motorcycles

Our E-motorcycle category consists
of 25 different products, which include a range of E-moped, E-motorcycle and E-tricycle.

E-moped

Our E-moped product line is
one of our most popular, featuring a range of eight different models. Our E-mopeds can run an average of 20-70 miles on a single
charge, with a top speed of 20-38 miles per hour. Additionally, our E-mopeds are capable of holding a payload of