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home / news releases / FUV - Arcimoto to develop driverless EVs for tourism rentals with Faction and GoCar Tours


FUV - Arcimoto to develop driverless EVs for tourism rentals with Faction and GoCar Tours

  • Arcimoto ( NASDAQ: FUV ) partners with Faction Technology and GoCar Tours to develop up to 310 driverless electric vehicles, powered by Faction’s DriveLink and TeleAssist technologies and GoCar’s patented GoCar Network technology.

  • The partnership calls for an initial 20-vehicle pilot program to begin at GoCar Tours Las Vegas in 2023.

  • Upon successful completion of the pilot, GoCar will begin a phased deployment of up to an additional 290 vehicles to GoCar locations in Las Vegas, San Francisco, and San Diego, Calif., and later in Barcelona, Spain.

  • Stock climbs 4.4% during pre-market

For further details see:

Arcimoto to develop driverless EVs for tourism rentals with Faction and GoCar Tours
Stock Information

Company Name: Arcimoto Inc.
Stock Symbol: FUV
Market: NASDAQ
Website: arcimoto.com

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