FUV News and Press, Arcimoto Inc. From 09/01/22

On August 31, Arcimoto ( NASDAQ: FUV ) raises up to $20M of senior secured convertible notes in a registered direct offering. The offering is expected to close on September 1, 2022. Net proceeds will be used for working capital and general corporate purposes. ...

EUGENE, Ore., Sept. 01, 2022 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles, announced that on August 31, 2022, it entered into a securities purchase agreement with an institutional accredited investor to iss...

Summary Global electric car sales July 2022 - Up 61% YoY to 14% share. China sales up 112% YoY to 28% share. Europe down 5% YoY to 19% share. US 5% share. EV market news - USA passes the Inflation Reduction Act. China extends NEV purchase tax exemption worth 100 billion yuan to th...

EUGENE, Ore., Aug. 23, 2022 (GLOBE NEWSWIRE) -- Arcimoto, Inc. ® (NASDAQ: FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles for moving people and stuff, today announced that Chris Dawson and Dan Creed have been named to the Board of Directors. &#...

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EUGENE, Ore., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Arcimoto, Inc. ® (NASDAQ: FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles for moving people and stuff, today announced that the grand opening of Arcimoto Honolulu, the company’s first experience ...

Image source: The Motley Fool. Arcimoto, Inc. (NASDAQ: FUV) Q2 2022 Earnings Call Aug 15, 2022 , 5:00 p.m. ET Jesse Fittipaldi Continue reading For further details see: Arcimoto, Inc. (FUV) Q2 2022 Earnings Call Transcript

Q2 results much worse than expected. Production guidance for the year has been withdrawn. Dilution continues to pile up at alarming rate. After the bell on Monday, we received second quarter results from small electric vehicle maker Arcimoto ( FUV ). The maker of...

Arcimoto, Inc. (FUV) Q2 2022 Earnings Conference Call August 15, 2022, 05:00 PM ET Company Participants Jesse Fittipaldi - Interim CEO Douglas Campoli - CFO and Treasurer Terry Becker - COO Eric Fritz - Chief Marketing Officer Lynn Yeager - Chief Experien...

Arcimoto ( NASDAQ: FUV ) doubled revenue in Q2 to $1.5M as it began to ramp up production. The electric vehicle maker said it produced 102 new customer vehicles to mark its the highest quarterly vehicle production ever. FUV delivered 41 customer vehicles in Q2 and de...