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On Friday, Robo.ai Inc. (NASDAQ:AIIO) said its subsidiary Robus has completed manufacturing its initial commercial prototype vehicles and has begun deliveries in Pakistan. The move marks an early step toward scaled revenue generation and broader commercial order fulfillment.
Robo.ai shares rose in premarket trading Friday.
The company said it will continue delivering subsequent volume orders while advancing a planned ramp-up in manufacturing capacity.
Pakistan Launch Tests Supply Chain, Expansion Strategy
River Zhang, chief executive officer of Robus, said the first delivery represents the commercial starting point for the product line. It also serves as …
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