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@Arcimoto.comThe Arcimoto Team with their new Car, the SRK
Arcimoto intends to become the second pure play electric car company to make a NASDAQ public offering - the first being Tesla(NASDAQ:TSLA), of course.
- A base price of $12,000
- A range of 130 miles
- 230 mpg(e)
- Acceleration to 60 mph in 7.5 seconds.
Arcimoto has also come up with a new label for their car: Fun Utility Vehicle – or “FUV.” They will be selling it directly to the customer, initially on the west coast. The car is available in two models: open-air and fully enclosed, for greater protection against the elements.
Check out the Arcimoto Offering Circular which provides the terms and details of their Regulation A+ stock offering.
Arcimoto is based in Eugene, Oregon, and has a unique and highly efficient manufacturing and development process. They are now producing their first units by hand after raising a total of $10 million prior to this Reg A+ offering. My sense is that Arcimoto has established a modern-era high water mark of capital efficiency by developing their new car with so little invested capital.
The investment research firm Zacksprojects they will achieve modest scale production in 2018 and 10,000 per annum scale in 2019.
">@Arcimoto.comThe Arcimoto Team with their new Car, the SRK
Arcimoto intends to become the second pure play electric car company to make a NASDAQ public offering - the first being Tesla(NASDAQ:TSLA), of course.
- A base price of $12,000
- A range of 130 miles
- 230 mpg(e)
- Acceleration to 60 mph in 7.5 seconds.
Arcimoto has also come up with a new label for their car: Fun Utility Vehicle – or “FUV.” They will be selling it directly to the customer, initially on the west coast. The car is available in two models: open-air and fully enclosed, for greater protection against the elements.
Check out the Arcimoto Offering Circular which provides the terms and details of their Regulation A+ stock offering.
Arcimoto is based in Eugene, Oregon, and has a unique and highly efficient manufacturing and development process. They are now producing their first units by hand after raising a total of $10 million prior to this Reg A+ offering. My sense is that Arcimoto has established a modern-era high water mark of capital efficiency by developing their new car with so little invested capital.
The investment research firm Zacksprojects they will achieve modest scale production in 2018 and 10,000 per annum scale in 2019.
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