Algorhythm Holdings Announces Major SemiCab Contract Expansion with Apollo Tyres

Expanded Relationship Provides SemiCab With Capacity to Generate up to $2.5M of Revenue Annually From Apollo Tyres

Fort Lauderdale, FL, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – a leading AI technology company, today announced that SemiCab was recently awarded a large expansion to its Master Services Agreement with Apollo Tyres, Ltd. (“Apollo Tyres”), the second largest tire manufacturer in India with over $5 billion in annual sales and a top ten global competitor in the tire industry serving Asia, Africa, Europe and North America.