Arcimoto, Inc. designs, develops, manufactures, sells, and rents three-wheeled electric vehicles in the United States. Its flagship product is the Fun Utility Vehicle (FUV) that delivers a thrilling ride experience comfort for two passengers with cargo, parking, and operation. The company's products also comprise Rapid Responder designed to perform emergency, security, and law enforcement services; Deliverator, an electric last-mile delivery solution to get goods where they need to go; Cameo, an FUV equipped with a rear-facing rear seat and a modified roof built for on-road filming; and Arcimoto Roadster, an unparalleled pure-electric on-road thrill machine. The company was formerly known as WTP Incorporated and changed its name to Arcimoto, Inc. in December 2011. Arcimoto, Inc. was incorporated in 2007 and is headquartered in Eugene, Oregon.
IPO Year: 2017
Exchange: NASDAQ
Website: arcimoto.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/15/2022 | Neutral | Dawson James | |
| 9/10/2021 | $18.00 | Buy | Alliance Global Partners |
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EUGENE, Ore., Aug. 18, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV) ("Arcimoto" or the "Company"), makers of purpose-built electric utility and consumer vehicles, will release financial results for the second quarter 2023 after market close on August 24, 2023. Management will host an investor webcast at 2:00 p.m. PDT (5 p.m. EDT) on August 24, 2023, which will include a corporate update and analyst panel. To view the webcast, use the links below: Arcimoto, Inc. Second Quarter 2023 Corporate Update Date: August 24th, 2023Time: 2 p.m. PST (5:00 p.m. EST) Webcast: https://us06web.zoom.us/s/88201491922?pwd=MzRUMVRFWWF3ODBlN0hVKzUrb1lwdz09 Please login to the webcast 15 minutes ea
EUGENE, Ore., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles, will release financial results for the third quarter ended September 30 on November 14. Management will host an investor webcast at 2:00 p.m. PDT (5:00 p.m. EDT) on November 14, which will include a corporate update and analyst panel. To view the webcast, use the links below: Arcimoto, Inc. Third Quarter 2022 Corporate UpdateDate: Monday, November 14Time: 2:00 p.m. PDT (5:00 p.m. EDT) Webcast: https://us06web.zoom.us/webinar/register/WN_UfMTSp5qThOxpGweeDGuPw Please login to the webcast 15 minutes early to ensure timely partici
EUGENE, Ore., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles for moving people and stuff, will release financial results for the second quarter ended June 30 on August 15. Management will host an investor webcast at 2:00 p.m. PDT (5:00 p.m. EDT) on August 15, which will include a corporate update and Q&A from investors powered by Say. To submit questions for the webcast, please visit the Say platform. The Say platform can also be accessed by investors via the investing app or brokerage website of their participating broker. The Q&A platform is now open, and will close for questions at 6:00 a.m. PDT
EUGENE, Ore., May 11, 2022 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles for moving people and stuff, will release financial results for the first quarter ended March 31 on May 16. Management will host an investor webcast at 2:00 p.m. PDT (5:00 p.m. EDT) on May 16, which will include a corporate update and Q&A from investors powered by Say. To submit questions for the webcast, please visit the Say platform. The Say platform can also be accessed by investors via the investing app or brokerage website of their participating broker. The Q&A platform is now open, and will close for questions at 6:00 a.m. PDT on May
Arcimoto, Inc.® (NASDAQ:FUV), makers of fun, affordable, ultra-efficient electric vehicles for everyday drivers and fleets, will release financial results for the second quarter ended June 30, 2021, on Monday, Aug. 16. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210809005229/en/Arcimoto will report second quarter 2021 financial results on Aug. 16 (Photo by Arcimoto) Following the release, management will host a stakeholder webcast at 2:00 p.m. PDT (5:00 p.m. EDT) on Aug. 16 to discuss the company's progress on its mission to catalyze sustainable transportation, which will open with Arcimoto's vision and a corporate update, fol
EUGENE, Ore., April 20, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV), makers of rightsized, ultra-efficient electric vehicles for moving people and stuff, today announced that Christopher W. Dawson has been appointed to the role of Chief Executive Officer effective immediately. Mr. Dawson joined the Company's Board in August of 2022 and will continue to serve as a director. Jesse Fittipaldi, who had served as Interim Chief Executive Officer, has been named President, reporting directly to Mr. Dawson. Dwayne Lum who has served as Chief Product Officer will be assuming the role of COO and Terry Becker who serves as a Board Director will head up the Tilting Motor Works Division and
EUGENE, Ore., Aug. 12, 2022 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles for moving people and stuff, today announced that Jesse Fittipaldi has been appointed to the role of Interim CEO. Fittipaldi joined Arcimoto in 2015 as the company's Business Development Lead. From 2017 to 2020, Fittipaldi was Vice President of the Company and had been serving as Chief Strategy Officer since 2020. "It's an honor to lead this amazing organization, and I believe Arcimoto has the team in place to effectively lead the way in the manufacturing of rightsized EVs," said Fittipaldi. "We endeavor to continue the vision set forth by
EUGENE, Ore., July 18, 2022 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles for moving people and stuff, has appointed Ray Nichols as Chief Business Support Officer and Chad Boardrow as Chief Supply Chain Officer. Arcimoto stakeholders can keep abreast of the latest company news by following Arcimoto's Weekend Stakeholder Update. "I'm thrilled to welcome Ray and Chad to the C-suite of Arcimoto," said Mark Frohnmayer, Arcimoto Founder and CEO. "They have both shouldered giant burdens as the venture has grown these last several years, and the entire team is looking forward to their continued and expanded leadership
EUGENE, Ore., May 10, 2022 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles for moving people and stuff, has appointed Lynn Yeager as Chief Experience Officer and Dwayne Lum as Chief Product Officer. "I'm thrilled to welcome Lynn and Dwayne to Arcimoto, where they will help accelerate our efforts to scale to mass production and introduce our vehicles to new customers around the country," said Mark Frohnmayer, Arcimoto Founder and CEO. "Along with Kevin A. O'Rourke Jr., our new Vice President of Commercial Strategy and Operations introduced on our last earnings call, Lynn and Dwayne bolster Arcimoto's executive te
EUGENE, Ore.--(BUSINESS WIRE)--Arcimoto, Inc.® (NASDAQ: FUV), makers of affordable, practical, and joyful pure electric vehicles for everyday commuters and fleets, has appointed Dilip K. Sundaram, the former President – Corporate Affairs of Mahindra Group – Americas, as Chief International Business Officer. “Arcimoto was created in Oregon to solve a truly pressing global problem,” said Mark Frohnmayer, Arcimoto Founder and CEO. “I’m thrilled to welcome Dilip to Arcimoto, where he will spearhead our international expansion efforts, and introduce our family of vehicles to markets that stand to benefit the most from pure electric, right-sized transportation.” Sundaram brings more t
EUGENE, Ore.--(BUSINESS WIRE)--Arcimoto, Inc.® (NASDAQ: FUV), makers of affordable, practical, and joyful pure electric vehicles for everyday commuters and fleets, is pleased to welcome Galileo Russell to the Board of Directors. “Galileo Russell has established himself as a thought leader in the EV space, and he has already delivered meaningful strategic opportunities to Arcimoto, notably connecting us with Munro & Associates to help the push to mass production,” said Arcimoto Founder and CEO Mark Frohnmayer. “Gali has demonstrated time and again his deep and thoughtful understanding of this market and we look forward to having him on board as a director as we chart the path to g
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Eugene, OR, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Arcimoto is proud to announce that it will be presenting at the upcoming Sequire Investor Summit 2024. This highly anticipated event, scheduled for January 23-25, 2024, at Condado Vanderbilt Hotel in San Juan, Puerto Rico, promises to offer an array of exciting opportunities for funds, companies, and investors. Puerto Rico is home to many family offices, funds and wealthy investors due to its favorable tax benefits. It is one of the only places in the world that US Citizens can move and pay virtually no federal or state income taxes. Arcimoto is thrilled to participate in this year's Sequire Investor Summit and looks forward to sharing its kn
EUGENE, Oregon , Nov. 28, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV), today announced that on November 22, 2023, it received a notice from The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company has not yet filed its quarterly report on Form 10-Q for the period ended September 30, 2023 (the "Form 10-Q"), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic reports with the Securities and Exchange Commission (the "SEC"). The current notice will have no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Global Market, although there can be no a
Seth Cohen is appointed Chief Financial Officer, bringing over thirty years of financial industry experience to DMK, and seasoned corporate lawyer John Dorbin assumes role of General Counsel Corporate Secretary Appointments strengthen leadership team and provide financial and corporate expertise as the organization focuses on improving DMK's existing commercial product portfolio and reducing opioid related deaths SAN DIEGO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- DMK Pharmaceuticals Corporation (NASDAQ:DMK), a commercial stage neuro-biotech company primarily focused on developing and commercializing products for the treatment of opioid overdose and substance use disorders, today announced a se
EUGENE, Ore., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV), makers of rightsized, ultra-efficient small footprint electric vehicles for moving people and things, today announced it has entered into a contract manufacturing agreement with MOBIUS.energy Corporation, a cutting-edge energy technology company, to enhance the charging capabilities of its electric vehicles (EVs), develop MUV based mobile charging solutions and build ultra lightweight aviation batteries. This collaboration marks a significant milestone in the electric vehicle industry, paving the way for faster, more efficient charging and expanding Arcimoto's reach into the charging market. Under the terms of
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, pr
EUGENE, Ore., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV), makers of rightsized, ultra-efficient small footprint electric vehicles for moving people and things, today released second quarter results ended June 30, 2023. Arcimoto will host a stakeholder and analyst call today to discuss the company's results. To view the webcast use the link below: Arcimoto, Inc. Second Quarter 2023 CallDate: Thursday August 24, 2023Time: 2:00 p.m. PDT (5:00 p.m. EDT)Webcast: https://us06web.zoom.us/s/88201491922?pwd=MzRUMVRFWWF3ODBlN0hVKzUrb1lwdz09 Second Quarter 2023 Results and Milestones Produced 94 new FUVs during the first half of 2023.Delivered 65 customer vehicles in the seco
EUGENE, Ore., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV), makers of rightsized, ultra-efficient small footprint electric vehicles for moving people and things, today announced a partnership with MATBOCK, a veteran-owned business that designs and builds hybrid-electric tactical vehicles and innovative tactical gear, to supply the company with electrical systems architecture and energy storage systems for the development of hybrid-electric tactical vehicles. The partnership will allow MATBOCK to maintain its focus on paradigm-shifting technology by providing American-made technologies to be used by the U.S. Department of Defense in specific areas of operations. In 2022,
EUGENE, Ore., Aug. 18, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV) ("Arcimoto" or the "Company"), makers of purpose-built electric utility and consumer vehicles, will release financial results for the second quarter 2023 after market close on August 24, 2023. Management will host an investor webcast at 2:00 p.m. PDT (5 p.m. EDT) on August 24, 2023, which will include a corporate update and analyst panel. To view the webcast, use the links below: Arcimoto, Inc. Second Quarter 2023 Corporate Update Date: August 24th, 2023Time: 2 p.m. PST (5:00 p.m. EST) Webcast: https://us06web.zoom.us/s/88201491922?pwd=MzRUMVRFWWF3ODBlN0hVKzUrb1lwdz09 Please login to the webcast 15 minutes ea
EUGENE, Ore., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV) ("Arcimoto" or the "Company"), makers of purpose-built electric utility and consumer vehicles, today announced the entry into agreements with certain investors relating to the sale of up to 8,466 shares of its Series D 8% Convertible Preferred Stock and warrants to purchase up to 14,110,417 shares of common stock (collectively the "Securities") in a private placement, at a combined purchase price of $6,772,500, before deducting placement agent fees and other offering expenses (the "Transaction"). For purposes of conversion into common stock, the Series D 8% Convertible Preferred Stock has a stated value of $8,465,
EUGENE, Ore., June 12, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ:FUV) ("Arcimoto" or the "Company"), makers of purpose-built electric utility and consumer vehicles, today announced the entry into agreements with certain investors relating to the sale of 1,467,576 shares of common stock in a registered direct offering and warrants to purchase 2,935,152 shares of common stock in a concurrent private placement, at a combined purchase price of $1.70, for aggregate gross proceeds of approximately $2.5 million, before deducting placement agent fees and other offering expenses. The warrants to be issued will have an exercise price of $1.75 per share, a term of five years and six months and
Dawson James initiated coverage of Arcimoto with a rating of Neutral
Alliance Global Partners initiated coverage of Arcimoto with a rating of Buy and set a new price target of $18.00
Aegis Capital reiterated coverage of Arcimoto with a rating of Buy and set a new price target of $19.00 from $11.00 previously
H.C. Wainwright downgraded Arcimoto from Buy to Neutral