Arcimoto FUVs a NASDAQ Addition

by Jason R. Sakurai

Published: April 13th, 2021

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]

#AmericanMade #Arcimoto #ElectricVehicles #EVs #FunUtilityVehicles #FUVs #Motorcycle #Three-Wheeler

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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2 of 22 comments

Sirwired on Apr 14, 2021

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

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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).

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Tassos If Tim had enough imagination to see HIMSELF get such a warning, and PAY ATTENTION and ACT on it, and save $200s in tickets, he would have the exact opposite opinion.
Tassos As long as they are respectful and not annoying, and do NOT add an arm and a leg to the cost of the damned car.
Bill I bought a 2013 base mini convert manual with less than 30,000 miles last year. While I don't have the beautiful aural sensations of the inline 6, I have been having great fun on the rural roads of western Massachusetts. Kind of a modern version of an old English sports car. I ditched the run flats immediately, went to Conti extremecontact dws 06+. I like them so much I put them on my wife's Audi TT. The shocks I have been eyeing but don't really need yet are Koni special active with FSD technology. Supposed to suppress the sharp nasty bumps but remain firmly sporty otherwise. I had also been looking at the Z4's but couldn't pass on the super low mileage of the mini.
Paul Another beemer boy, immune to the laws of man and physics, driving his M3 through a school zone at 45 since Waze said it would cut 15 seconds off his commute.I bow before your righteous anger.
Paul Oh, the irony. 10 years ago they had solid entries in all these categories - C-Max hybrid and PHEV, Fusion Hybrid and PHEV, Focus Electric. 20 years ago you could get an Escape Hybrid.Ford and their dealers tossed these over the wall and walked away from them, never doing anything to promote or improve them over their life cycle. They still have a newer version of the Escape PHEV, which isn't a bad vehicle but I doubt if the buying public knows they exist & I rarely see one on the road.The Maverick hybrid is a nice idea and they could sell more if they would build more but again, I rarely see one in the wild.Feckless and clueless management and board - they richly deserve their coming bankruptcy.