Arcimoto Inc (FUV) Sector
Consumer Discretionary

(Current) $0.45
0.02 (4.65%) Open Price: 0.45

Arcimoto Inc. is an American electric vehicle (EV) manufacturer based in Eugene, Oregon. The company was founded in 2007 by Mark Frohnmayer, with the mission to develop innovative and sustainable transportation solutions for urban environments. Arcimoto's vision is to create affordable, efficient, and fun-to-drive electric vehicles that address the challenges of traffic congestion and environmental impact. Arcimoto's stock is publicly traded on the Nasdaq stock exchange under the ticker symbol "FUV."

Arcimoto's star vehicle is the "Fun Utility Vehicle" (FUV), a three-wheeled electric vehicle designed for short-range urban commuting and last-mile delivery. The FUV has a unique design with two front wheels and one rear wheel, making it a compact and maneuverable vehicle. It can accommodate two passengers seated in tandem, and its open-air design provides a motorcycle-like driving experience while offering enclosed storage for small cargo items.

The FUV is powered by an electric motor and comes in various battery configurations, with a range of up to 102 miles on a single charge. It has a top speed of 75 mph (120 km/h), making it suitable for city driving and low-speed urban environments. Arcimoto emphasizes the FUV's eco-friendliness and low operating costs, making it an attractive option for individuals and businesses seeking a sustainable and affordable transportation solution.

In addition to the FUV, Arcimoto has been developing other electric vehicle concepts, including the Rapid Responder, a three-wheeled emergency response vehicle designed for first responders in congested urban areas. The company also offers the Deliverator, an electric delivery vehicle designed to support last-mile logistics and reduce emissions in urban delivery operations.

(04/11/24) $0.45
(04/12/24) $0.43
(04/12/24) (Qty.)56,244
(04/11/24) $0.43
(04/11/24) $0.47
(04/07/24) $0.43
(02/11/24) $0.66
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