Company: FLYE
Filing Date: 2025-06-02
Form Type: 424B4
Source: 0001213900-25-050035
Chunk: 78

Company: Fly-E Group, Inc.
Filing Date: 2025-06-02
Form: 424B4
Chunk 78
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 and currently has no substantive operations. Our Industry E -motorcycles, E -bikesand E -scootersare the two -wheelersthat run on electric energy that is converted into mechanical energy rather than running on fuel. They are chargeable and eco -friendlyautomotive solutions. E -motorcyclesand E -bikesare built with solid metal and fiber frames that are combined with mechanical and electronic components. An E -scooteris a plug -inEV powered by electric power. These scooters offer additional advantages such as agility, flexibility, versatility and ease of maneuver in high traffic congestion areas. 49 The EV industry has been experiencing significant growth and innovation in recent years. With the advancement of technology and the increasing demand for environmentally friendly transportation options, E -bikes, E -motorcyclesand E -scootershave become popular choices for commuting, leisure and sports. As the demand for sustainable transportation options continues to grow, the EV industry is poised for further growth and development. Some of the major trends driving the growth of the EV industry include the increasing demand for sustainable transportation options, advancements in battery and motor technology, and the growing popularity of E -bikesharing services. Government incentives and regulations, such as tax credits and subsidies for the purchase of EVs, are also driving the growth of the industry. The Asia -Pacificregion is the largest market for the electric two -wheelersdue to the growing awareness about the benefits of electric vehicles, rising personal disposable income, growing demand for affordable electric vehicles for short -distancecommuting and increasing adoption of smart technologies. We believe that North America is expected to experience significant growth in the future due to growing government initiatives to raise awareness of such products among individuals. City bikes and city E -bikesare popular in big cities in the United States, such as New York City, Miami and Dallas. There is also a growing popularity of E -scootersas an increasing number of EV merchants are launching their businesses in these cities. The growth of the EV industry is further accelerated by the rise in small package deliveries in big 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 -commerceand 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