Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, outrageously
fun, ultra-efficient electric vehicles for moving people and stuff,
and JOCO, the world’s first Light Electric Vehicle sharing platform
for delivery drivers, are teaming up on a pilot program to field
test the Deliverator, Arcimoto’s ultra-efficient, three-wheel
electric vehicle designed for local and last-mile delivery. The
pilot program is anticipated to begin in Manhattan on June 15.
With more than 50 JOCO Hubs and across New York City, Chicago
and Boston, JOCO operates a fleet of two thousand e-bikes for
delivery gig drivers. During the pilot program, JOCO will market
the Arcimoto Deliverator to local businesses and independent
delivery drivers as a new sustainable delivery option available for
daily and weekly rentals, offering greater range, convenience,
safety and payload versus a traditional e-bike.
“We see this as a great opportunity to offer the latest electric
vehicle technology to the business owners and drivers of New York
City,” said Jonathan Cohen, co-founder of JOCO. “The Deliverator
will offer independent contractors and delivery companies more ways
to make money by helping them travel longer distances and carry
more in an eco-friendly and cost efficient manner.”
“We’re thrilled to partner with JOCO to bring the first Arcimoto
Deliverators to New York,” said Mark Frohnmayer, CEO and Founder of
Arcimoto. “We believe that with every delivery, JOCO users will
enjoy meaningful per-mile savings compared to gas-powered vehicles,
rockstar parking and service, and a boost in brand awareness as the
zero-emission Deliverator turns heads across Manhattan.”
Built on the modular Arcimoto Platform, the Deliverator features
a top speed of 75 mph, 102 city mile range, 20+ cubic feet of cargo
space, and a right-sized footprint that allows three vehicles to be
parked in a single space.
Arcimoto vehicles are currently available in Arizona,
California, Florida, Nevada, Oregon, and Washington. As soon as
customer sales are ready to begin in New York, Arcimoto will reach
out to preorder customers there to complete their vehicle
reservations. You can place a $100 refundable preorder at
Arcimoto.com/order.
For the latest stakeholder update, check out our RAMP IT UP
presentation. 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 is a pioneer in
the design and manufacture of rightsized, ultra-efficient,
incredibly fun electric vehicles for everyday mobility. Built on
the revolutionary three-wheel Arcimoto Platform, our vehicles are
purpose-built for daily driving, local delivery, and emergency
response, all at a fraction of the cost and environmental impact of
traditional gas-powered vehicles. Based in Eugene, Oregon, the
Arcimoto team is dedicated to creating world-class EVs that make
the world a better place. For more information, please visit
Arcimoto.com.
About JOCOJOCO Powers Delivery in Urban
Environments, providing full servicing packages for dedicated
delivery fleets with a broad range of light electric vehicles to
choose from, including e-bikes, trikes, e-mopeds, trailers, and
more. Our premium delivery vehicles are built to last and we remove
all the hassle of owning, storing, charging, locking, and
maintenance so delivery drivers can focus on deliveries.
With carbon emissions at an all time high, we’re on a pursuit to
bring cleaner air to the world. Deliver with JOCO today, and help
make the world a better place. For more information, visit
RideJOCO.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/53404284-648e-4544-b80d-aeaeea35a8f4
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