Arcimoto FUV

Discussion in 'Other EVs' started by Thom Riddle, Nov 18, 2017.

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  1. EyeOnEVs

    EyeOnEVs New Member

    According to another FUV forum, yes, it's an EV3 called Solo by Electra Meccanica, B.C., Canada. It's a one-seater that gets ~100 miles range with a max ~90 mph.
     
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  3. Yup, that's what my son said (also has an EV).
     
  4. I see no one has commented in a couple years so I thought I'd throw something on. I recently stumbled upon Acrimoto and do like the FUV idea. So have done more research to see what their status is currently. The link is to their 2021 Qtr3 investor call and here's a few quick things I got from it. They delivered 69 units. This equates to 1/day produced. Pretty slow in my opinion. They still have a large backlog of reservations. Plan to move into a very large building in 1st qtr 22 and shutdown current production for that period to facilitate the move. Hope to begin production ramp up in qtr 2. It was made very clear that their focus now is city delivery and rentals. Have rental outlets in Fl. and couple caribbean islands. They plan for the initial production to be units for these markets. Customers wanting personnel vehicles will need to wait. They seem to have some pretty big plans, mostly in the commercial market. My take away is that will be good for investors. Not so much for retail demand. Current stock market analist have put a Hold vs Buy for their stock. The opinion is they have burned way to much cash and produced very few units to market. My take is after all these years pushing this vehicle as a fun urban runabout, they spent to much time and money chasing other dreams.
     

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