Arcimoto Reports Second Quarter 2019 Financial Results and Provides Corporate Update

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EUGENE, Ore.–(BUSINESS WIRE)–Arcimoto, Inc.® (NASDAQ: FUV), makers of the Fun Utility Vehicle® (FUV®), Rapid Responder™, and Deliverator™ — affordable, practical, and joyful pure electric vehicles for everyday commuters and fleets — today provided a corporate update and announced financial results for the second quarter ended June 30, 2019.

The Company will be broadcasting a company update video as part of the webcast. The video can be viewed at this YouTube link.

Recent Highlights:

Successfully proved out assembly line pre-production process builds in anticipation of production of first retail FUV Evergreen Editions. FUV pre-orders increased to 4,128 units as of June 30, 2019, as compared to 3,217 units as of December 31, 2018, and 2,800 units as of June 30, 2018 Teamed with GoCar Tours to develop a next-gen fleet of FUVs for GPS-guided tours in San Francisco Announced collaboration with Sol Mar Vida to deploy first international rental

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