Company: FLYE
Filing Date: 2025-06-02
Form Type: 424B4
Source: 0001213900-25-050035
Chunk: 24

Company: Fly-E Group, Inc.
Filing Date: 2025-06-02
Form: 424B4
Chunk 24
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 new energy vehicles in general and electric vehicles in particular. The market for new energy vehicles is still rapidly evolving, characterized by rapidly changing technologies, price and other competition, evolving government regulation and industry standards and changing consumer demands and behaviors. Other factors that may influence the adoption of new energy vehicles, and specifically electric vehicles, include: •perceptions about electric vehicle quality, safety, design, performance and cost, especially if adverse events or accidents occur that are linked to the quality or safety of electric vehicles, whether or not such vehicles are produced by us or other companies; •perceptions about vehicle safety in general; •the limited range over which electric vehicles may be driven on a single battery charge and the speed at which batteries can be recharged; •the decline of an electric vehicle’s range resulting from deterioration over time in the battery’s ability to hold a charge; •the availability of service for electric vehicles; •the environmental consciousness of consumers; •the availability of tax and other governmental incentives to purchase and operate electric vehicles or future regulation requiring increased use of nonpolluting vehicles; and •macroeconomic factors. Any of the factors described above may cause current or potential customers not to purchase our electric vehicles and use our services. If the market for electric vehicles does not develop as we expect or develops more slowly than we expect, our business, prospects, financial condition and operating results will be affected. The electric mobility industry is subject to rapidly changing and often complex regulatory environments. The electric mobility industry is subject to rapidly changing and often complex regulatory environments at local, state, national, and international levels. Evolving regulations related to safety standards, emissions, licensing, and operational requirements can have a substantial impact on our business operations and profitability. Compliance 15 with these changing regulations may necessitate costly modifications to our products, business processes, or market strategies, which could lead to increased expenses and delays in product development and market entry. Failure to navigate and adhere to evolving regulations adequately could result in legal and financial liabilities, damage to our reputation, and potential market restrictions. Furthermore, inconsistency in regulations between different jurisdictions may create challenges in maintaining uniform business practices and product offerings, increasing our exposure to regulatory risks. Furthermore, a significant portion of our customer base comprises food delivery workers, and if leading food delivery platforms like Uber Eats and DoorDash impose new requirements on the type of electric vehicles they allow, non -complianceon our part could result in the loss of these customers. While we believe we are presently in compliance with applicable laws and regulations in our operating regions, there