EUGENE, Ore.--(BUSINESS WIRE)--Arcimoto, Inc.® (NASDAQ: FUV), makers of the world’s first Fun Utility Vehicle® (FUV®); an affordable, practical, pure electric three-wheeled vehicle for everyday commuters and fleets, today announced its participation at the New York International Auto Show, which is taking place at the Jacob Javits Center in New York City. The New York International Auto Show is open to the press March 28-29, and open to the public March 30 through April 8, 2018.
Arcimoto was founded in 2007 to catalyze the shift to a sustainable transportation system. Its flagship model, the Arcimoto FUV®, sports a reverse trike, three-wheeled design propelled by twin front motors, an estimated curb weight of 1,100 pounds and a targeted starting price of $11,900.
The FUV offers ample room for two people and their gear and will travel an estimated 70-miles (base model) or 130-miles (extended range option) on a single charge. The dual-motor drive system delivers 0-60 mph acceleration in 7.5 seconds and a top speed of 80 mph. The low center of gravity, lightweight platform, and anti-dive optimization make for an extremely agile and responsive ride, and at 1/4 the mass footprint of the average passenger vehicle and 1/3 the price, the Arcimoto FUV is the most efficient, most affordable and most entertaining daily electric vehicle on the market today.
To schedule a briefing with President Mark Frohnmayer at the show, please contact Susan Donahue, Managing Director of Skyya at firstname.lastname@example.org.
Headquartered and manufactured in Eugene, Oregon, Arcimoto, Inc. (NASDAQ: FUV) is devising new technologies and patterns of mobility that together raise the bar for environmental efficiency, footprint and affordability. Available for pre-order today with a target purchase price of $11,900, Arcimoto’s FUV defines the Fun Utility Vehicle category: it’s one of the lightest, most affordable and performance-packed electric vehicles suitable for the daily driver. For more information please visit www.arcimoto.com.
Except 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. 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: the number of reservations and cancellations for our vehicles and the ability to deliver on those reservations; our ability to design, produce and market vehicle models; the overall strength and stability of general economic conditions and of the automotive industry more specifically; changes in consumer demand for, and acceptance of, our products; and changes in laws or regulations governing our business and operations. 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.