Arcimoto sells electric, light-weight vehicles with three wheels. However, the company has faced financial difficulties in recent years. This month, it was delisted from the NASDAQ, and MarketWatch ...
In the past 2 years, Arcimoto has sold 143 vehicles. It has issued 591 refunds. The pre-orders have gone stale. Demand is weak. Arcimoto plans to release products on a new platform called Platform 2 ...
Back when we got our first look at Arcimoto's two-seat three-wheel electric city commuter mobile, it was called SRK and the company was aiming for 2,000 units per year. In the intervening three years, ...
Arcimoto has struggled to prove that demand exists for its fun utility vehicle. This is in spite of production starting in 2019. Even after the fall, the current revenue multiple is still too high.
Last year, Arcimoto launched a new version of its three-wheeled electric trike aimed at local and last mile delivery businesses called the Deliverator. Now the company has teamed up with Carry It ...
SAN FRANCISCO & EUGENE, Ore.--(BUSINESS WIRE)--Today, Faction Technology, Inc., a self-driving technology provider for low-cost driverless fleets, and Arcimoto, Inc. (NASDAQ: FUV), the leading North ...
Eugene-based electric mobility company Arcimoto has teamed up with Silicon Valley autonomous driving startup Faction Technology to transform its three-wheeled electric Fun Utility Vehicle into a ...
Electric vehicle manufacturer Arcimoto named a new team to run the Eugene company Thursday, six days after warning of “substantial doubt” that the business can continue operating. Board member ...
At the end of August, California announced that it will end sales of gasoline-only cars by 2035. There is no question that as a country, we are moving in the direction of electric vehicles. For over a ...
Three weeks before Oregon electric vehicle manufacturer Arcimoto removed company founder Mark Frohnmayer as CEO, Eugene police arrested Frohnmayer on suspicion of driving under the influence of ...