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Arcimoto Inc

arcimoto.com

Arcimoto, Inc. engages in the design, development, manufacture, sale, and rental of three-wheeled electric vehicles. The company is headquartered in Eugene, Oregon and currently employs 120 full-time employees. The company went IPO on 2017-09-21. The firm has introduced six vehicle products built on the first Arcimoto platform that target specific niches in the vehicle market. Its flagship product, the Fun Utility Vehicle (FUV), for everyday consumer trips; the Deliverator for last-mile delivery and general fleet utility; the Rapid Responder for emergency services and security; the Cameo for film, sports and influencers; the Arcimoto Roadster, an unparalleled electric on-road thrill machine; and the Flatbed, the Company's solution for a right sized pickup truck. The firm introduced a second vehicle platform prototype, and the first product concept on that platform, a class III e-trike codenamed the Mean Lean Machine. The firm is also selling their TRiO motorcycle upgrade kit through Tilting Motor Works, Inc., which transforms a traditional two-wheeled motorcycle into a leaning three-wheeled motorcycle.

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Market Cap: $3.78 Thousand

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