EUGENE, Ore., Nov. 10, 2022 (GLOBE NEWSWIRE) — Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, outrageously enjoyable, ultra-efficient electrical automobiles, introduced plans to open Arcimoto Kaua’i, a brand new expertise heart positioned at Royal Sonesta Kaua’i Resort Lihue. First leases are anticipated to start in December.
“Kaua’i is a leader in eco-tourism, with a community focused on sustainability and preserving this very special island. We’re thrilled to bring Arcimoto vehicles to the Royal Sonesta for an unforgettable, sustainable driving experience,” stated Lynn Yeager, Arcimoto Chief Experience Officer. “With limited rental car availability and over 100,000 monthly visitors to Kaua’i, we are able to offer hotel guests, tourists and the local community a one-of-a-kind, pure-electric way to explore one of the most beautiful places on the planet. The Royal Sonesta will be a flagship location in our rental business as we continue to partner with amazing hotels in destination cities worldwide.”
Nestled amidst the luxurious greenery of Kaua’i, The Royal Sonesta Kaua’i Resort Lihue is a Garden Island oasis. Located on a wonderful setting on golden sands, the Royal Sonesta affords alternatives to bask in beachside spa therapies, 4 eating places providing quite a lot of cuisines, a weekly luau, and the most important one-level pool in Hawaii. Guests and locals will have the ability to lease an Arcimoto automobile and discover the pure fantastic thing about Hanalei Bay, the close by Waimea Canyon State Park, and past. Royal Sonesta is a lodge model owned by Sonesta International Hotels Corporation (Sonesta), one of many fastest-growing lodge firms within the U.S.
“Practicing and supporting sustainable tourism is incredibly important to the entire island of Kaua’i and the Royal Sonesta, and we believe Arcimoto will be a perfect fit for our guests,” stated Jim Pedone, Director of Sales and Marketing at the Royal Sonesta Kaua’i Resort Lihue. “Renting a car in Kaua’i can be challenging and expensive, and we see the Arcimoto experience as a unique alternative and a huge value-add to our guests who can pick up their all-electric ride right here on the property and begin exploring the Garden Island in style.”
With a full vary of outstanding lodge choices present in most of the most memorable locations on this planet, Sonesta exceeds visitors’ expectations by delivering an genuine expertise on every go to. Royal Sonesta property places are nicely located for exploration with Sonesta’s hospitality setting the usual for impeccable turnkey service. Visit Sonesta.com/growth for a full record of latest inns in addition to to seek out the most recent model information, updates and extra data on the Sonesta Travel Pass visitor loyalty program, and to ebook a keep.
Arcimoto Kaua’i is the fourth Arcimoto expertise heart, together with Honolulu, Eugene, and San Diego, and the 14th Arcimoto rental location general. For these trying to purchase, Arcimoto is at the moment accepting automobile reservations in Hawai’i, with first buyer deliveries anticipated to start in Q1 2023. To make a reservation, please go to Design.arcimoto.com/.
For the most recent firm updates, try our Q2 2022 Stakeholder Webinar. Follow Arcimoto on YouTube, Facebook, Instagram, Twitter, TikTok, and LinkedIn. Investor details about the corporate, together with press releases, stakeholder webcast replays, and extra might be discovered at http://arcimoto.com/ir.
About Arcimoto, Inc.
Arcimoto is a pioneer within the design and manufacture of rightsized, ultra-efficient, extremely enjoyable electrical automobiles for on a regular basis mobility. Built on the revolutionary three-wheel Arcimoto Platform, our automobiles are purpose-built for every day driving, native supply, and emergency response, all at a fraction of the fee and environmental impression of conventional gas-powered automobiles. Based in Eugene, Oregon, the Arcimoto workforce is devoted to creating world-class EVs that make the world a greater place. For extra data, please go to Arcimoto.com.
About Sonesta
Sonesta is without doubt one of the fastest-growing hospitality firms within the U.S., at the moment ranked eighth by Smith Travel Research (STR) with 1,200 properties totaling 100,000 visitor rooms throughout 15 manufacturers in eight nations. You will discover almost 300 inns beneath one in all Sonesta’s seven manufacturers – Royal Sonesta; Sonesta Hotels & Resorts; Sonesta Select; Sonesta ES Suites; Sonesta Simply Suites; Sonesta Posadas del Inca; Sonesta Cruise Collection – working within the U.S., Canada, Chile, Colombia, Ecuador, Egypt, Peru, and St. Maarten. Sonesta additionally owns and franchises eight different manufacturers together with – Hotel RL; Red Lion Hotels; Red Lion Inn & Suites; Signature Inn; GuestHouse Extended Stay; Knights Inn; Americas Best Value Inn; Canadas Best Value Inn – with almost 900 franchised properties throughout the U.S. and Canada. For extra data go to Sonesta.com or name 1.800. SONESTA.
Safe Harbor / Forward-Looking Statements
Except for historic data, all the statements, expectations, and assumptions contained on this press launch are forward-looking statements. Forward-looking statements embody, however will not be restricted to, statements that categorical our intentions, beliefs, expectations, methods, predictions, or another statements referring to our future actions or different future occasions or circumstances. These statements are primarily based on present expectations, estimates, and projections about our business primarily based, partly, on assumptions made by administration. These statements will not be ensures of future efficiency and contain dangers, uncertainties, and assumptions which might be tough to foretell and embody, with out limitation, our expectations as to product deliveries, the institution of our service and supply community, and our anticipated price of manufacturing. Therefore, precise outcomes and outcomes might, and are more likely to, differ materially from what’s expressed or forecasted within the forward-looking statements as a consequence of quite a few elements mentioned on occasion in paperwork which we file with the SEC. In addition, such statements might be affected by dangers and uncertainties associated to, amongst different issues: our skill to handle the distribution channels for our merchandise, together with our skill to efficiently implement our rental technique, direct to client distribution technique and any further distribution methods we might deem acceptable; our skill to design, manufacture and market automobile fashions inside projected timeframes given {that a} automobile consists of a number of thousand distinctive objects and we are able to solely go as quick because the slowest merchandise; our inexperience thus far in manufacturing automobiles at the excessive volumes that we anticipate; our skill to take care of high quality management over our automobiles and keep away from materials automobile recollects; the variety of reservations and cancellations for our automobiles and our skill to ship on these reservations; unexpected or recurring operational issues at our facility, or a catastrophic lack of our manufacturing facility; our dependence on our suppliers; adjustments in client demand for, and acceptance of, our merchandise: adjustments within the aggressive setting, together with adoption of applied sciences and merchandise that compete with our merchandise; the general energy and stability of common financial circumstances and of the automotive trade extra particularly; adjustments in legal guidelines or rules governing our business and operations; prices and dangers related to potential litigation; and different dangers described on occasion in periodic and present stories that we file with the SEC. Any forward-looking statements converse solely as of the date on which they’re made, and besides as could also be required beneath relevant securities legal guidelines, we don’t undertake any obligation to replace any forward-looking statements.
Public Relations Contact:
Megan Kathman
(651) 785-3212
[email protected]
Investor Relations Contact:
[email protected]
Arcimoto Rental Partnerships
Sam Fittipaldi
[email protected]
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