Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, outrageously
fun, ultra-efficient electric vehicles for moving people and stuff,
will host the 2022 RAMP IT UP event at Arcimoto headquarters in
Eugene, Oregon and live via online streaming, on Tuesday, February
22 at 2:22 p.m. EDT.
Alongside the Company’s leadership team, Founder and CEO Mark
Frohnmayer will present the company’s path forward to replicable,
distributed mass production and officially cut the ribbon on the
new FUV assembly line at Arcimoto’s state-of-the-art RAMP
manufacturing facility. Acquired in Q2 2021, the RAMP site features
approximately 250,000 square feet of buildings under roof on more
than ten acres of land. Arcimoto is developing the facility with a
targeted maximum output capacity of 50,000 vehicles assembled
annually.
“Arcimoto made phenomenal progress in 2021 towards its mission
to deliver true sustainable mobility solutions at a scale that
meaningfully addresses the root cause of climate change, one of, if
not the most significant and present challenges facing humanity
today,” said Frohnmayer. “Arcimoto’s primary goal in 2022, bar
none, is to achieve mass production of the Arcimoto FUV platform.
As such, we are very excited to show our key stakeholders, in
person, our new production facility and assembly line, clearly lay
out the road ahead, and showcase the exciting technologies and
product offerings that we believe will help fundamentally transform
the nature of urban transport.”
RAMP IT UP will be open to media, Arcimoto shareholders,
analysts, FUV owners, pre-order customers, and enthusiasts by
invitation only. To request a ticket or sign up for the online live
stream, send an email to rampitup@arcimoto.com. For those joining
in person, Arcimoto will host guided factory tours through the new
site, as well as offer demo rides of the FUV, Arcimoto’s flagship
EV purpose-built for everyday driving.
“Over more than a decade, Arcimoto has evolved from a napkin
sketch to a world-class design and manufacturing company building
revolutionary mobility solutions for the clean cities of tomorrow,”
continued Frohnmayer. “Since our inception, Arcimoto has been
powered by a passionate community of stakeholders who share with us
an inspired vision of, and mandate for, a sustainable future. We
invite you to join us as we stride into the next and most exciting
stage of our journey.”
For the latest company updates, follow Arcimoto on YouTube,
Facebook, Instagram, Twitter, TikTok, and LinkedIn. Investor
information about the company, including press releases,
stakeholder webcast replays, and more can be found at
http://arcimoto.com/ir.
About Arcimoto, Inc.Arcimoto (NASDAQ: FUV)
develops and manufactures ultra-efficient and affordable electric
vehicles to help the world shift to a sustainable transportation
system. Arcimoto vehicles are currently available in California,
Oregon, Washington, Nevada, Arizona, and Florida. Our flagship
vehicle, the Arcimoto FUV®, is purpose-built for everyday driving
and transforms ordinary trips into pure-electric joyrides. Launched
in 2021, the all-new Arcimoto Roadster is designed to be the
ultimate open-road fun machine and is the purest expression of the
Arcimoto Platform. The Deliverator® and Rapid Responder™ provide
last-mile delivery and emergency response functionality,
respectively, at a fraction of the cost and environmental impact of
traditional gas-powered vehicles. Expected to launch in 2022, the
Flatbed represents Arcimoto’s vision of a pure-electric, rightsized
utility pickup truck. The upcoming Cameo™ is designed to create a
smooth, silent, sustainable camera vehicle for the film and
influencer industries. Every Arcimoto vehicle is built at the
Arcimoto Manufacturing Plant in Eugene, Oregon. For more
information, please visit Arcimoto.com.
Safe Harbor / Forward-Looking StatementsExcept
for historical information, all of the statements, expectations,
and assumptions contained in this press release are forward-looking
statements. Forward-looking statements include, but are not limited
to, statements that express our intentions, beliefs, expectations,
strategies, predictions or any other statements relating to our
future activities or other future events or conditions. These
statements are based on current expectations, estimates and
projections about our business based, in part, on assumptions made
by management. These statements are not guarantees of future
performance and involve risks, uncertainties and assumptions that
are difficult to predict and include, without limitation, our
expectations as to vehicle deliveries, the establishment of our
service and delivery network and our expected rate of production.
Therefore, actual outcomes and results may, and are likely to,
differ materially from what is expressed or forecasted in the
forward-looking statements due to numerous factors discussed from
time to time in documents which we file with the SEC. In addition,
such statements could be affected by risks and uncertainties
related to, among other things: our ability to manage the
distribution channels for our products, including our ability to
successfully implement our rental strategy, direct to consumer
distribution strategy and any additional distribution strategies we
may deem appropriate; our ability to design, manufacture and market
vehicle models within projected timeframes given that a vehicle
consists of several thousand unique items and we can only go as
fast as the slowest item; our inexperience to date in manufacturing
vehicles at the high volumes that we anticipate; our ability to
maintain quality control over our vehicles and avoid material
vehicle recalls; the number of reservations and cancellations for
our vehicles and our ability to deliver on those reservations;
unforeseen or recurring operational problems at our facility, or a
catastrophic loss of our manufacturing facility; our dependence on
our suppliers; changes in consumer demand for, and acceptance of,
our products: changes in the competitive environment, including
adoption of technologies and products that compete with our
products; the overall strength and stability of general economic
conditions and of the automotive industry more specifically;
changes in laws or regulations governing our business and
operations; costs and risks associated with potential litigation;
and other risks described from time to time in periodic and current
reports that we file with the SEC. Any forward-looking statements
speak only as of the date on which they are made, and except as may
be required under applicable securities laws, we do not undertake
any obligation to update any forward-looking statements.
Public Relations Contact:Megan Kathman(651)
785-3212pr@arcimoto.com
Investor Relations
Contact:investor@arcimoto.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/64f6fcaa-9964-4266-b640-db9b827168c6
Arcimoto (NASDAQ:FUV)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Arcimoto (NASDAQ:FUV)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024