EUGENE, Ore., Aug. 23, 2022 (GLOBE NEWSWIRE) — Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, outrageously enjoyable, ultra-efficient electrical automobiles for shifting individuals and stuff, as we speak introduced that Chris Dawson and Dan Creed have been named to the Board of Directors.
“We are pleased to announce and welcome Chris Dawson and Dan Creed to the Arcimoto Board of Directors,” stated Jesse Fittipaldi, Arcimoto Interim CEO. “Mr. Dawson’s EV and engineering knowledge, and Mr. Creed’s extensive sales and marketing skills will help Arcimoto navigate toward scale production and profitability.”
Mr. Dawson presently serves as the Chief Executive Officer of Nikola Tesla Co, an engineering providers firm with tasks that embody electrification, EV charging, hydrogen powertrain growth, hydrogen energy methods, and gas cell growth. He is the Chief Technical Officer for each HNO worldwide in addition to Tesla Aerial Robotics, and additionally serves as Chief Engineer on varied tasks for the Department of Defense. From 2019-2021, Mr. Dawson served as Vice President of Manufacturing Engineering for Atlis Motor Vehicles. Prior to that, Mr. Dawson served as Senior Manufacturing Equipment Engineer and Maintenance Manager for Tesla, main manufacturing sustaining engineering groups on the Model S/X line and the Model 3 line. He is a former U.S. Navy submarine nuclear chemist and helicopter flight Instructor. He holds an M.B.A. from the University of Denver and a Bachelor of Science in Nuclear Technologies and Helicopter Flight Instruction from Excelsior University.
“Arcimoto’s family of rightsized vehicles are unique in the automotive industry, combining a small footprint, an affordable price tag, and an exhilarating driving experience in one package,” stated Mr. Dawson. “I’m thrilled to join the Board at this stage in the Company’s history as we refine our manufacturing processes and scale production to bring these incredible EVs to the world.”
Mr. Creed is the founding father of Creed Partners Corp. and advises personal fairness ventures in retail automotive alternatives. From 2018 to 2019, Mr. Creed served as the Vice President of North American Sales Operations at Cadillac. From 2006 to 2016, he labored at BMW as the Vice President of the Eastern Region, Vice President of Marketing, Vice President of Aftersales, and Vice President of the Southern Region, serving to to launch BMW’s “Born Electric” marketing campaign and the acclaimed i3, BMW’s first electrical automobile. Mr. Creed holds a Bachelor of Social Science from University of Ottawa.
“When I think of Arcimoto, I see a unique opportunity in the history of the automotive industry as we shift to a sustainable transportation system,” stated Mr. Creed. “Vehicles today are simply too big and too expensive, and as a Director, I’m thrilled to help Arcimoto tell the story of why rightsized vehicles are so important, not only today, but in the driverless future. As was my experience, all it takes is one ride in the FUV and you’ll understand.”
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About Arcimoto, Inc.
Arcimoto is a pioneer in 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 day by day driving, native supply, and emergency response, all at a fraction of the price and environmental impression of conventional gas-powered automobiles. Based in Eugene, Oregon, the Arcimoto crew is devoted to creating world-class EVs that make the world a greater place. For extra info, please go to Arcimoto.com.
Safe Harbor / Forward-Looking Statements
Except for historic info, all of the statements, expectations, and assumptions contained on this press launch are forward-looking statements. Forward-looking statements embody, however aren’t restricted to, statements that specific our intentions, beliefs, expectations, methods, predictions or some other statements relating to our future actions or different future occasions or situations. These statements are primarily based on present expectations, estimates and projections about our business primarily based, partly, on assumptions made by administration. These statements aren’t ensures of future efficiency and contain dangers, uncertainties and assumptions which might be troublesome to predict and embody, with out limitation, our expectations as to automobile deliveries, the institution of our service and supply community and our anticipated charge of manufacturing. Therefore, precise outcomes and outcomes might, and are possible to, differ materially from what’s expressed or forecasted in the forward-looking statements due to quite a few components mentioned from time to time 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 capability to handle the distribution channels for our merchandise, together with our capability to efficiently implement our rental technique, direct to client distribution technique and any extra distribution methods we might deem acceptable; our capability 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 as the slowest merchandise; our inexperience to date in manufacturing automobiles at the excessive volumes that we anticipate; our capability to keep high quality management over our automobiles and keep away from materials automobile remembers; the variety of reservations and cancellations for our automobiles and our capability 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 in the aggressive surroundings, together with adoption of applied sciences and merchandise that compete with our merchandise; the general energy and stability of common financial situations 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 from time to time in periodic and present studies that we file with the SEC. Any forward-looking statements communicate 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:
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