Arcimoto Announces Grand Opening of Arcimoto Honolulu on August 20
17 Agosto 2022 - 10:00AM
Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, outrageously
fun, ultra-efficient electric vehicles for moving people and stuff,
today announced that the grand opening of Arcimoto Honolulu, the
company’s first experience center in Hawai’i, will take place on
Saturday, August 20, with rentals officially available on Sunday,
August 21. You can book your rental today at Arcimoto.com/rent.
“Hawai’i is absolutely ideal for experiencing Arcimoto vehicles,
and we can’t wait for locals and tourists alike to experience our
pure-electric rides unlike anything else on the road today,” said
Lynn Yeager, Arcimoto Chief Experience Officer. “I would like to
say mahalo to the people of Honolulu who have been so welcoming and
supportive of our mission, and to our fans who have waited years to
drive an FUV in Hawai’i. At long last, the wait is over.”
Arcimoto will host a grand opening event on August 20 from 11
a.m. HST to 2 p.m. HST. Join us for our business blessing ceremony
at 11:00 a.m. HST followed by refreshments, shave ice, FUV rides,
and music by Miller DJ.
Arcimoto Honolulu is located at 805 Pohukaina Street in
Honolulu. From there, FUV riders are just a short drive away from
exploring world-famous Waikiki Beach, Diamond Head, Pearl Harbor,
and all that Oahu has to offer.
“Hawai’i is simply a spectacular place to FUV, and this is a
milestone achievement for the Arcimoto team as we continue in our
mission to introduce our vehicles to leading tourist destinations
around the world,” said Jesse Fittipaldi, Arcimoto Interim CEO.
Arcimoto is currently accepting vehicle reservations in Hawai’i,
with first Hawaii vehicle deliveries anticipated to begin in Q1
2023. To make a reservation, please visit
https://design.arcimoto.com/.
Arcimoto Honolulu is the third Arcimoto experience center,
including Eugene and San Diego, and the eleventh Arcimoto rental
location overall.
For the latest company updates, check out our Q2 2022
Stakeholder Webinar. 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.
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/ca609429-b794-4afd-a798-475d0d7bf928
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