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FUV

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Arcimoto Inc

0.17
-0.19 (-52.78%)
Last Update: 30 May 2024 16:30:00
Yesterday: 0.36
Day's Range: 0.15 - 0.19
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When Written:
 
1.4
Arcimoto Inc. is an American transportation company that is focused on the development and production of affordable, efficient, and fun electric vehicles. The company was founded in 2007 by Mark Frohnmayer in Eugene, Oregon, and went public in 2017.

Arcimoto's flagship product is the FUV (Fun Utility Vehicle), a three-wheeled electric vehicle that is designed for urban commuting and short trips. The FUV has a top speed of 75 mph and a range of up to 102 miles per charge. It is also classified as a motorcycle, which means that it is exempt from many of the safety regulations that apply to cars.

The company has also developed a number of other electric vehicle prototypes, including a delivery vehicle and a Rapid Responder vehicle for emergency services. In addition, Arcimoto is exploring the use of its technology in other applications, such as autonomous vehicles and micro-mobility solutions.

Arcimoto has received funding from a variety of sources, including venture capital firms and government grants. The company has also partnered with several organizations, including the United States Postal Service and the city of Orlando, Florida, to pilot its vehicles in different settings.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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