Arcimoto to Unveil New Tap Variation of the MUV at the Del Mar Wine + Food Festival, Sept. 9-10
EUGENE, Ore., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV), makers of rightsized, ultra-efficient small footprint electric vehicles for moving people and things, today announced it will showcase a new variation of the MUV (Modular Utility Vehicle) at the Del Mar Wine + Food festival this weekend, Sept. 9-10. Attendees can experience the custom MUV at the Gwynn Foods . and AleSmith booth #13, located in the Locally Made Zone.
The all-new MUV variation, equipped with an enclosed cargo box to house a cold keg, tap system and two tap handles, showcases one of the numerous applications of the vehicle. The all-electric MUV, built on the company's flagship FUV platform, provides optimal performance for industrial, commercial and ground support applications for customers who need to move goods, materials, supplies and equipment reliably, quietly and sustainably.
"We purpose built the MUV to be versatile and we're thrilled to unveil one of the many variations the platform has to offer," said Chris Dawson, Chief Executive Officer, Arcimoto. "It has been a pleasure collaborating with the legendary Gwynn family to bring this unique product to the market. This is just the beginning of an amazing partnership with Gwynndustries and we're excited to continue to work together to drive our shared mission."
The modified MUV, specifically designed with Gwynndustries, marks the launch of Arcimoto's partnership with the Gwynn family. Arcimoto and Gwynndustries plan to collaborate on additional other purposeful activations and vehicle designs to promote Arcimoto's right-sized, small footprint vehicle offerings and drive awareness to Gwynndustries' commitment to providing sustainable solutions and educational resources to Southern California communities.
"Gwynndustries is proud to join forces with Arcimoto in a creative way to build awareness on the steps we can take together to lower the carbon footprint during our daily drive," said Dr. Alicia Gwynn, President of the Tony and Alicia Gwynn Foundation. "We have teamed up on a series of events and campaigns to educate the public to rethink how we drive, eat, shop and live by shifting towards a sustainable transportation system."
In addition to the tap-modified MUV, Arcimoto plans to release a limited edition vehicle design to commemorate Tony Gwynn and his incredible achievements in the sport of baseball. The custom Gwynndustries MUV tap build is the first release of a series of special kits designed specifically for the MUV.
About Arcimoto, Inc.
Arcimoto is a pioneer in the design and manufacture of rightsized, ultra-efficient, incredibly fun electric vehicles for everyday mobility. Built on the revolutionary three-wheel Arcimoto Platform, our vehicles are purpose-built for daily driving and local delivery, all at a fraction of the cost and environmental impact of traditional gas-powered vehicles. Based in Eugene, Oregon, the Arcimoto team is dedicated to creating world-class EVs that make the world a better place. For more information, please visit Arcimoto.com.
About MATBOCK
MATBOCK is a veteran-owned small business that designs lighter and more practical equipment for every environment. Our personal experiences involving continued operations in multiple theaters led to our basic foundation-ounces equal pounds and lighter warriors are faster warriors. We constantly strive to provide our warriors with the most effective and efficient gear possible.
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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 and include, without limitation, our expectations as to vehicle deliveries, the establishment of our service and delivery network and our expected rate of production. 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: our ability to manage the distribution channels for our products, including our ability to successfully implement our rental strategy, direct to consumer distribution strategy and any additional distribution strategies we may deem appropriate; our ability to design, manufacture and market vehicle models within projected timeframes given that a vehicle consists of several thousand unique items and we can only go as fast as the slowest item; our inexperience to date in manufacturing vehicles at the high volumes that we anticipate; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; the number of reservations and cancellations for our vehicles and our ability to deliver on those reservations; unforeseen or recurring operational problems at our facility, or a catastrophic loss of our manufacturing facility; our dependence on our suppliers; changes in consumer demand for, and acceptance of, our products: changes in the competitive environment, including adoption of technologies and products that compete with our products; the overall strength and stability of general economic conditions and of the automotive industry more specifically; changes in laws or regulations governing our business and operations; costs and risks associated with potential litigation; and other risks described from time to time in periodic and current reports that we file with the SEC. 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.
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