Company: FLYE
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001213900-25-064293
Chunk: 20

Company: Fly-E Group, Inc.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 1
Chunk 20
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romobility devices within federal parks
to designated routes and signed zones. If finalized, this rule may limit where our vehicles can operate and require updated operational
compliance within park-adjacent jurisdictions.

Certain of our products are
also regulated by the National Highway Traffic Safety Administration (“NHTSA”) pursuant to various federal laws and regulations.
NHTSA can require the manufacturer of motor vehicles or motor vehicle equipment containing a safety defect to recall or repurchase such
products and may also impose fines or penalties on the manufacturer. Certain of our products are also regulated by EPA, and the California
Air Resources Board (“CARB”) for products sold in California. EPA and CARB can require the manufacturer to recall or repurchase
vehicles that are uncertified or that contain an emission-related defect and may also impose fines or penalties on the manufacturer.

In addition, some of our products
may be subject to local laws and regulations. For instance, in March 2023, the New York City Council amended its administrative
code to require that all powered bicycles, powered mobility devices including electric scooters, and storage batteries for such mobility
devices distributed, sold, leased, rented, or offered for sale, lease, or rental in New York City must be certified as compliant
with the applicable Underwriter Laboratories (UL) standard, which is a widely recognized standard for safety in electrical products in
the United States. The law became effective in September 2023. In 2024 and 2025, New York City and New York State introduced
additional laws and enforcement mechanisms addressing the safety of micromobility devices. These include operating manual requirements,
mandatory in-store safety disclosures, increased FDNY enforcement authority, and penalties for sales of uncertified or modified batteries.
New York City also launched a sidewalk battery charging cabinet program in spring 2025 and is considering legislation that would require
registration and license plates for e-bikes and e-scooters.

Additionally, because we receive,
use, transmit, disclose, and store personally identifiable information and other data relating to users on our platform, we are subject
to numerous local, municipal, state, federal, and international laws and regulations that address privacy, data protection, and the collection,
storing, sharing, use, transfer, disclosure, and protection of certain types of data. Such regulations include the Controlling the Assault
of Non-Solicited Pornography and Marketing Act, the Telephone Consumer Protection Act of 1991, the U.S. Federal Health
Insurance