Arcimoto FUVs a NASDAQ Addition

Jason R. Sakurai
by Jason R. Sakurai

Arcimoto, makers of fun, utility vehicles for commuters and fleets, announced NASDAQ’s approval today. The company can now list its shares of common stock on The NASDAQ Global Market, a positive growth sign.

A Eugene, Oregon manufacturer of affordable three-wheeled electric vehicles (EVs), Arcimoto looks to change the world. Their Fun Utility Vehicles (FUVs) can be preordered in California, Oregon, Washington, and Florida. Arcimoto also offers two other models, with the Deliverator for last-mile delivery, and the emergency response Rapid Responder. All three cost less than gas-powered vehicles while promoting their lower environmental impact.

“Arcimoto’s rise speaks volumes about the urgency of our mission, and the importance of creating a sustainable transportation system as soon as possible,” said Mark Frohnmayer, Arcimoto Founder and CEO. “Arcimoto is building products to solve this global problem. We believe the move to The Nasdaq Global Market will make Arcimoto more accessible to investors around the world.”

Starting at $17,900, the FUV has a 75 MPH top speed, and a 100-mile city range. The FUV has a 29-foot turning circle. Plug it into any 110- or 220-volt outlet. Arcimoto backs it with a 3-year, 36,000-mile warranty. The FUV is positioned as an alternative to owning a car. There are only four options, including four half-door sets, locking rear storage, a phone mount, and a cup holder. Its heated seats and handgrips are no doubt welcome on chilly days in the Pacific Northwest.

Our relative proximity to Arcimoto’s Oregon headquarters makes it entirely possible to test drive, or ride as the case may be, an FUV in the near future. We’ll be waiting for the opportunity to see if it’s as much fun as they say it is.

[Images: Arcimoto]

Jason R. Sakurai
Jason R. Sakurai

With a father who owned a dealership, I literally grew up in the business. After college, I worked for GM, Nissan and Mazda, writing articles for automotive enthusiast magazines as a side gig. I discovered you could make a living selling ad space at Four Wheeler magazine, before I moved on to selling TV for the National Hot Rod Association. After that, I started Roadhouse, a marketing, advertising and PR firm dedicated to the automotive, outdoor/apparel, and entertainment industries. Through the years, I continued writing, shooting, and editing. It keep things interesting.

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  • Sirwired Sirwired on Apr 14, 2021

    $18k for a really fast golf cart? Hard pass.

  • Joevwgti Joevwgti on Apr 14, 2021

    I'd be absolutely open to this, if we could get the value proposition higher, or cost much lower. Either it needs to offer a ton more range, full doors(as others have noted)...or, it needs to drop by about 10k(before incentives).

  • CanadaCraig You can just imagine how quickly the tires are going to wear out on a 5,800 lbs AWD 2024 Dodge Charger.
  • Luke42 I tried FSD for a month in December 2022 on my Model Y and wasn’t impressed.The building-blocks were amazing but sum of the all of those amazing parts was about as useful as Honda Sensing in terms of reducing the driver’s workload.I have a list of fixes I need to see in Autopilot before I blow another $200 renting FSD. But I will try it for free for a month.I would love it if FSD v12 lived up to the hype and my mind were changed. But I have no reason to believe I might be wrong at this point, based on the reviews I’ve read so far. [shrug]. I’m sure I’ll have more to say about it once I get to test it.
  • FormerFF We bought three new and one used car last year, so we won't be visiting any showrooms this year unless a meteor hits one of them. Sorry to hear that Mini has terminated the manual transmission, a Mini could be a fun car to drive with a stick.It appears that 2025 is going to see a significant decrease in the number of models that can be had with a stick. The used car we bought is a Mk 7 GTI with a six speed manual, and my younger daughter and I are enjoying it quite a lot. We'll be hanging on to it for many years.
  • Oberkanone Where is the value here? Magna is assembling the vehicles. The IP is not novel. Just buy the IP at bankruptcy stage for next to nothing.
  • Jalop1991 what, no Turbo trim?
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