Thursday, January 7, 2021

Electric vehicles: Arcimoto

Arcimoto, Inc. designs, develops, manufactures, and sells three-wheeled electric vehicles
Its portfolio of electric vehicles includes Fun Utility Vehicle; Rapid Responder for a specialized emergency, security, and law enforcement services; and Deliverator for delivery of goods. The company was formerly known as WTP Incorporated and changed its name to Arcimoto, Inc. in December 2011. 

  • Founded in 2007 
  • Headquartered in Eugene, Oregon
  • Sector: Consumer Cyclical
  • Industry: Recreational Vehicles
  • Nasdaq:FUV (IPO in 2017)
  • Full Time Employees: 117
Arcimoto's SRK is a three-wheeled electric vehicle with tandem seating for two and motorcycle controls. The SRK weighs just over 1,000 pounds and its twin electric motors send a total of 67 horsepower to the front wheels.

The vehicle's safety structure resembles a race car's roll cage and features not one but two seat belts for each occupant. The standard battery pack, mounted at the bottom of the SRK to keep the center of gravity low, provides a 70-mile range. An upgraded battery pack will extend the SRK's range to 130 miles.

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