FUV

Arcimoto to Unveil New Tap Variation of the MUV at the Del Mar Wine + Food Festival, Sept. 9-10

Retrieved on: 
Thursday, September 7, 2023
Partnership, Carbon footprint, Tony, Pabst Brewing Company, MUV, FUV, Transport, Arcimoto

The all-new MUV variation, equipped with an enclosed cargo box to house a cold keg, tap system and two tap handles, showcases one of the numerous applications of the vehicle.

Key Points: 
  • The all-new MUV variation, equipped with an enclosed cargo box to house a cold keg, tap system and two tap handles, showcases one of the numerous applications of the vehicle.
  • “We purpose built the MUV to be versatile and we’re thrilled to unveil one of the many variations the platform has to offer,” said Chris Dawson, Chief Executive Officer, Arcimoto.
  • “It has been a pleasure collaborating with the legendary Gwynn family to bring this unique product to the market.
  • The custom Gwynndustries MUV tap build is the first release of a series of special kits designed specifically for the MUV.

Arcimoto Announces Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 24, 2023
Government, Total, MUV, R, Trio, YTD, Marketing, FUV, Sale, Rare-earth element, Arcimoto

EUGENE, Ore., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Arcimoto , Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient small footprint electric vehicles for moving people and things, today released second quarter results ended June 30, 2023.

Key Points: 
  • EUGENE, Ore., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Arcimoto , Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient small footprint electric vehicles for moving people and things, today released second quarter results ended June 30, 2023.
  • Arcimoto will host a stakeholder and analyst call today to discuss the company’s results.
  • To view the webcast use the link below:
    Produced 94 new FUVs during the first half of 2023.
  • Delivered 65 customer vehicles in the second quarter with an average sales price of $22,744 and delivered 102 vehicles year to date.

Arcimoto Applauds Texas State Legislators on the Revision of the State’s Autocycle Definition

Retrieved on: 
Tuesday, June 6, 2023
Senator Hancock, Travel, Certified first responder, Carbon, MUV, Arcimoto, FUV, Transport, Legislation, Cryptocurrency

The updated legislation redefines the autocycle parameters in Texas.

Key Points: 
  • The updated legislation redefines the autocycle parameters in Texas.
  • This revision allows for registration of Arcimoto’s USA-manufactured three-wheeled electric vehicles throughout the state.
  • “Senator Hancock shares the same dedication to innovation, and through his tremendous efforts he has opened the door for new revolutionary transportation options for Texas residents,” said Arcimoto CEO Chris Dawson.
  • Arcimoto is working towards strategic partnerships that will allow the company to fulfill orders in Texas.

Arcimoto Announces Availability of the All-New Electric Modular Utility Vehicle

Retrieved on: 
Tuesday, May 30, 2023
MUV, FUV, Warehouse, Arcimoto

102 miles city range and top speed of 75 mph, small footprint vehicle traverses highways, narrow city streets and parking spots, to efficiently deliver cargo

Key Points: 
  • 102 miles city range and top speed of 75 mph, small footprint vehicle traverses highways, narrow city streets and parking spots, to efficiently deliver cargo
    Manufactured at the company's 250,000-square-foot U.S. manufacturing facility located in Eugene, Oregon where the company is proudly headquartered
    EUGENE, Ore., May 30, 2023 (GLOBE NEWSWIRE) -- Arcimoto , Inc.® (NASDAQ: FUV), makers of purpose-built electric utility and consumer vehicles, today announced the availability of a new model offering, the Arcimoto MUV (Modular Utility Vehicle).
  • This marks the first on-road modular utility vehicle in the company’s lineup of small footprint electric vehicles for dedicated professional and commercial use.
  • The Arcimoto MUV, built on the company’s flagship FUV platform, is a workhorse for daily indoor and outdoor use for industrial mobility customers who need to move goods, materials, supplies and equipment reliably, quietly and sustainably.
  • “The utility vehicle market represents a tremendous opportunity for Arcimoto and our new MUV underscores the company’s growth in the urban and industrial mobility segment,” said Chris Dawson, Chief Executive Officer, Arcimoto.

GoCar Tours Announces Grand Opening of Las Vegas Location and First Demos of Driverless All-Electric Tourism Vehicles

Retrieved on: 
Thursday, March 2, 2023
Other Transport, Alternative Vehicles, Fuels, EV, Electric Vehicles, Automotive, Transport, Transportation, Tourist Attractions, Destinations, Travel, Partner, GoCar Tours, Neon, Invention, Arts district, FUV, Freedom, Faction, Las Vegas Strip, Casino, Red Rock Canyon National Conservation Area, GoCar, Arcimoto

GoCar Tours , the inventors of GPS-guided driving tours, announced today the grand opening of its new Las Vegas location, GoCar Las Vegas .

Key Points: 
  • GoCar Tours , the inventors of GPS-guided driving tours, announced today the grand opening of its new Las Vegas location, GoCar Las Vegas .
  • Additionally, GoCar Las Vegas will serve as the proving ground for cutting-edge driverless technologies , powered by Faction .
  • To reserve your GoCar Tour, contact GoCar Tours Las Vegas at 702-323-4066 or [email protected] .
  • GoCar Las Vegas is the seventh GoCar location after San Francisco, San Diego, and Monterey, California; Barcelona, Spain; and Lisbon and Porto, Portugal.

Arcimoto Opens Vehicle Sales in 4 New States

Retrieved on: 
Wednesday, March 1, 2023
Growth, FUV, Arcimoto, EV

This comes shortly after announcing the start of 2023 production with new steering features and improvements on the FUV and Deliverator.

Key Points: 
  • This comes shortly after announcing the start of 2023 production with new steering features and improvements on the FUV and Deliverator.
  • “We are excited to introduce Arcimoto to some of the top EV markets in the country, home to many of the most beautiful places to FUV,” said Arcimoto Chief Experience Officer Lynn Yeager.
  • Customers outside of these states can place a $100 refundable preorder to be the first to know when Arcimoto opens in their region.
  • Investor information about the company, including press releases, stakeholder webcast replays, and more can be found at http://arcimoto.com/ir .

Arcimoto Announces $6 Million in Additional Funding

Retrieved on: 
Wednesday, February 22, 2023
Growth, FUV, Cryptocurrency

EUGENE, Ore., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient electric vehicles, announced today they received $6 million in additional funding by means of a real estate loan on their Eugene, Oregon factory.

Key Points: 
  • EUGENE, Ore., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient electric vehicles, announced today they received $6 million in additional funding by means of a real estate loan on their Eugene, Oregon factory.
  • This additional financing comes shortly after the $12 million public offering that closed on January 20th.
  • The remaining funding will be used for working capital and general corporate purposes.
  • This additional funding paired with our efforts in reducing vehicle costs and increasing sales gives the team practical confidence as we continue to focus on the growth of FUV and Deliverator programs,” said Jesse Fittipaldi, Arcimoto Interim CEO.

Arcimoto to Begin 2023 Vehicle Production for Spring Deliveries

Retrieved on: 
Tuesday, February 21, 2023
FUV, Food delivery, Arcimoto

EUGENE, Ore., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient electric vehicles, announced that it will start 2023 vehicle production on FUV and Deliverator with plans for first deliveries beginning in March.

Key Points: 
  • EUGENE, Ore., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient electric vehicles, announced that it will start 2023 vehicle production on FUV and Deliverator with plans for first deliveries beginning in March.
  • “During our internal testing, and pilot rollout the feedback from drivers was resoundingly positive in terms of feel and responsiveness,” said Dwayne Lum, Arcimoto Chief Product Officer.
  • In 2022, Arcimoto delivered 228 customer vehicles, which increased the total number of Arcimoto vehicles on the road to more than 500.
  • “As we begin first deliveries in 2023, we continue to focus on improving vehicle drive quality, manufacturing cost down efforts and increasing our brand reach to grow both our consumer and commercial sales volume,” said Jesse Fittipaldi, Arcimoto Interim CEO.

Arcimoto Announces Fourth Quarter 2022 Vehicle Production & Deliveries

Retrieved on: 
Monday, January 23, 2023
Marketing, Team, KPI-driven code analysis, FUV, Arcimoto

This represents a 20 percent increase over the 73 customer vehicles delivered in Q3 2022.

Key Points: 
  • This represents a 20 percent increase over the 73 customer vehicles delivered in Q3 2022.
  • For the year, Arcimoto delivered 228 customer vehicles, which increased the total number of Arcimoto vehicles on the road to more than 500.
  • This comes despite ongoing supply chain issues and funding concerns, which Arcimoto partly addressed with the closing of a $12 million public offering on Jan. 20.
  • “2022 gives confidence to the Team that with our learned sales KPIs, we can better understand how to appropriately scale marketing and production efforts to achieve profitability,” said Jesse Fittipaldi, Arcimoto Interim CEO.

Arcimoto Announces Development of Driverless EVs for Tourism Rentals with Faction and GoCar Tours

Retrieved on: 
Tuesday, December 13, 2022
Friends, Life, Silicon, Arcimoto, GoCar Tours, Environment, Tourism, FUV, Transport, Faction, GoCar, Architecture, City, Partnership, Rail transport, Risk management

The partnership calls for an initial 20-vehicle pilot program to begin at GoCar Tours Las Vegas in 2023.

Key Points: 
  • The partnership calls for an initial 20-vehicle pilot program to begin at GoCar Tours Las Vegas in 2023.
  • “This is a confluence of three cutting-edge technologies: the rightsized Arcimoto electric vehicle architecture, Faction’s driverless technology, and GoCar’s award-winning GPS-guided tours,” said Jesse Fittipaldi, Arcimoto Interim CEO.
  • And then, when they head back to their hotels, the Arcimoto will driverlessly return to GoCar.
  • It’s magic.”
    Faction’s DriveLink® and TeleAssist® technologies will enable GoCar EVs to combine autonomy with remote human teleoperation.