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Fly E-Bike Expands to Boston with New Store Opening

NEW YORK, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Fly-E Group, Inc. (Nasdaq: FLYE) (鈥淔ly-E鈥� or the 鈥淐ompany鈥�), an electric vehicle company engaged in designing, installing, selling, and renting smart electric motorcycles, electric bikes, and electric scooters, today announced the grand opening of its newest retail location in Boston, Massachusetts. The new store, now fully operational, marks the Company鈥檚 continued expansion in the Northeastern United States and underscores its mission to make safe, reliable, and eco-friendly transportation accessible to more communities.

The Boston store offers Fly E-Bike鈥檚 full lineup of electric bikes, e-scooters, and accessories, with on-site services. Designed to meet the needs of both commuters and delivery professionals, Fly E-Bike鈥檚 products combine technology with practical, user-friendly design for urban mobility.

Mr. Zhou (Andy) Ou, Chairman and Chief Executive Officer of Fly-E, remarked,聽鈥淏oston is an ideal city for electric two-wheelers, with its vibrant neighborhoods, busy streets, and growing demand for sustainable transportation. By bringing Fly E-Bike to Boston, we are not only providing residents with a safer, greener, and more efficient way to travel, but also taking another important step in our long-term expansion strategy across key U.S. markets.鈥�

The new store is part of Fly E-Bike鈥檚 growing retail network, which now spans more than 40 locations across North America, including New York, New Jersey, and other major metropolitan areas. The Company remains focused on expanding into key markets with strong potential for electric mobility adoption.

Boston Store Details:
Address: 41 West Street, Suite 100, Boston, MA 02111

Business Hours: 10:00 AM 鈥� 7:00 PM
Phone Number: (929) 682-4315

About Fly-E Group, Inc.

Fly-E Group, Inc. is an electric vehicle company that is principally engaged in designing, installing, selling, and renting smart electric motorcycles, electric bikes and electric under the brand "Fly E-Bike." The Company's commitment is to encourage people to incorporate eco-friendly transportation into their active lifestyles, ultimately contributing towards building a more environmentally friendly future. For more information, please visit the Company's website: .

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct. The Company cautions investors that actual results may differ materially from the anticipated results, and that the forward-looking statements contained in this press release are subject to the risks set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"), including the section under "Risk Factors" of its most recent Annual Report on Form 10-K for the fiscal year ended March 31, 2025, filed with the SEC on July 15, 2025. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.

For investor and media inquiries, please contact:
Fly-E Group, Inc.
Investor Relations Department
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Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
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