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).

  • FreedMike Off topic, but folks, this site is not working well for me from a technical standpoint, and it doesn't matter if I'm using my phone, or my computer (on two different browsers). It locks up and makes it impossible to type anything in after a certain point. Anyone else having these issues?
  • Syke Kinda liked the '57, hated the '58. Then again, I hated the entire '58 GM line except for the Chevrolet. Which I liked better than the '57's. Still remember dad's '58 Impala hardtop, in the silver blue that was used as the main advertising color.
  • Dartdude The bottom line is that in the new America coming the elites don't want you and me to own cars. They are going to make building cars so expensive that the will only be for the very rich and connected. You will eat bugs and ride the bus and live in a 500sq-ft. apartment and like it. HUD wants to quit giving federal for any development for single family homes and don't be surprised that FHA aren't going to give loans for single family homes in the very near future.
  • Ravenuer The rear view of the Eldo coupe makes it look fat!
  • FreedMike This is before Cadillac styling went full scale nutty...and not particularly attractive, in my opinion.
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