EUGENE, Ore.--(BUSINESS WIRE)--Arcimoto, Inc.® (NASDAQ: FUV) — makers of the Fun Utility Vehicle® (FUV) — an affordable, joyful, pure electric vehicle for everyday drivers and fleets, announced today that the grand opening of Arcimoto’s first ever customer experience and rental location, will take place on Saturday, October 27.
The facility, located at 543 Blair Boulevard in the historic Whiteaker neighborhood, will serve as showroom, service center, and a rental center for FUVs in Arcimoto’s hometown of Eugene.
“The opening of our first rental experience center is a significant milestone for Arcimoto,” said Mark Frohnmayer, Arcimoto President and Founder. “Providing an efficient and friendly means for people to try out new products is a key challenge for every next-generation vehicle developer. We believe our FUV hubs will afford prospective Arcimoto customers the opportunity to experience the joy of this entirely new kind of vehicle, without the pressures typical of the traditional sales process. We plan to let customers rent by the hour, half day, or full day, to experience an Arcimoto as if it were their own. We believe this will be a real advantage for our existing preorder customers and folks new to the brand alike.”
Arcimoto has accumulated 3,102 preorder deposits for its retail series Fun Utility Vehicle, representing approximately $46.5M in anticipated revenue.
Frohnmayer continued, “The Eugene location has special significance to Arcimoto, as it is sited immediately across the street from the boutique design studio where we began developing the FUV more than a decade ago. Eleven years, eight design generations, and a new factory later, we are proud to finally share the FUV with our friends, family, and the community of Eugene who have indelibly shaped this venture and product.”
About Arcimoto, Inc.
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, Arcimoto’s Fun Utility Vehicle is one of the lightest, most affordable, and most appropriate electric vehicles suitable for the daily driver. For more information please visit www.arcimoto.com.
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