The company maintains relationships with principal vendors to obtain accessories and components for their electric vehicles at competitive prices with reliable delivery. They use a centralized vendor management system to manage risks and ensure that each critical product component is supported by at least three vendors to reduce supply chain disruptions. Vehicle assembly takes place in a leased facility in Maspeth, New York. For parts sourced from China, the principal vendor XFT oversees factory checks, proofing, mass production, and inspections to ensure quality control. For parts sourced from the United States, U.S. principal vendors and the company's quality control team conduct factory audits and inspections.
Fly-e Group's Comment on Supply Chain
The company maintains relationships with principal vendors to obtain accessories and components for their electric vehicles at competitive prices with reliable delivery. They use a centralized vendor management system to manage risks and ensure that each critical product component is supported by at least three vendors to reduce supply chain disruptions. Vehicle assembly takes place in a leased facility in Maspeth, New York. For parts sourced from China, the principal vendor XFT oversees factory checks, proofing, mass production, and inspections to ensure quality control. For parts sourced from the United States, U.S. principal vendors and the company's quality control team conduct factory audits and inspections.
Sources:
Fly-E Group, Inc.'s official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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