Arcimoto Completes Signature Series Production and Begins Beta Series Production
June 12 2018 - 8:31AM
Business Wire
Arcimoto, Inc.® (NASDAQ: FUV) — makers of the Fun Utility
Vehicle® (FUV®) — an affordable, practical, and thrilling pure
electric vehicle for everyday commuters and fleets, announced today
that they have completed production of their Signature Series FUVs,
and are beginning Beta Series production.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20180612005507/en/
Arcimoto announced production of their
Signature Series FUVs. (Photo: Business Wire)
Six of the eight Signature Series vehicles were pre-purchased by
customers, while two have been retained by the company for
marketing purposes. Two additional engineering test vehicles and
five additional test chassis were built as part of the same effort.
Arcimoto has now begun its 15-unit Beta Series production run,
earmarked for fleet and rental operations.
“It was incredibly gratifying to see the entire Signature Series
arrayed in front of the factory,” commented Arcimoto President and
Founder Mark Frohnmayer. “We’ve now handed over the keys to four
paying customers, with two more customer deliveries planned in the
coming weeks. We are looking forward to applying everything we have
learned from the Signature Series build to the Beta, Pilot, and
Retail Series production efforts later this year.”
About Arcimoto
Headquartered and manufactured in Eugene, Oregon, Arcimoto, Inc.
(NASDAQ: FUV) is devising new technologies and patterns of mobility
that together raise the bar for environmental efficiency, footprint
and affordability. Available for pre-order today with a target base
model purchase price of approximately $11,900, Arcimoto’s Fun
Utility Vehicle is one of the lightest, most affordable, and most
appropriate electric vehicles suitable for the daily driver. For
more information please visit www.arcimoto.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180612005507/en/
Public Relations:Skyya CommunicationsSusan Donahue,
646-454-9378Managing
DirectorFUV@skyya.comwww.skyya.comorInvestor Relations:MZ
Group – MZ North AmericaGreg Falesnik, 949-385-6449Managing
DirectorFUV@mzgroup.uswww.mzgroup.us
Arcimoto (NASDAQ:FUV)
Historical Stock Chart
From Mar 2024 to Apr 2024
Arcimoto (NASDAQ:FUV)
Historical Stock Chart
From Apr 2023 to Apr 2024