EUGENE, Ore., Oct. 13, 2022 (GLOBE NEWSWIRE) — Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, outrageously enjoyable, ultra-efficient electrical automobiles, right now introduced the Deliverator has been named 2022 Overall Electric Vehicle of the Year in the annual AutoTech Breakthrough Awards. The awards program acknowledges the prime corporations, applied sciences and merchandise in the world automotive and transportation know-how markets.
Built on the modular Arcimoto Platform and designed for native and last-mile supply, the Deliverator contains a prime velocity of 75 mph, 102 metropolis mile vary, 28 cubic ft of cargo area, and a rightsized footprint that permits three automobiles to be parked in a single area.
“We are honored to receive this recognition from AutoTech Breakthrough. The Deliverator addresses the massive opportunity to rightsize and electrify last-mile delivery, which has traditionally been dominated by expensive, oversized, polluting delivery trucks and vans,” mentioned Jesse Fittipaldi, Interim CEO of Arcimoto. “We believe that with every delivery, our customers will enjoy meaningful per-mile savings as well as a boost in brand awareness as the Deliverator turns heads wherever it goes.”
With its small footprint, cargo-carrying capability and ample battery life, the Deliverator overcomes city gridlock, air pollution issues and parking constraints to create an outstanding last-mile supply resolution, all at a fraction of the working prices of conventional supply automobiles.
“Businesses of all kinds are searching for small-footprint, sustainable delivery vehicles that will cut costs, increase revenue and improve the customer experience. The well-thought-out design of the Deliverator allows drivers increased maneuverability, resulting in quicker delivery times,” mentioned Bryan Vaughn, Managing Director of AutoTech Breakthrough Awards. “Arcimoto’s Deliverator has overcome urban gridlock, pollution concerns, and parking constraints to create a superb last-mile delivery solution. Congratulations on being named Electric Vehicle of the Year.”
The mission of the annual AutoTech Breakthrough Awards program is to conduct the business’s most complete evaluation and analysis of automotive and transportation know-how classes, together with Connected Car, Electric Vehicles, Engine Tech, Automotive CyberSecurity, Sensor Technology, Traffic Tech and lots of extra. This yr’s program attracted greater than 1,500 nominations from throughout the world.
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About AutoTech Breakthrough
Part of Tech Breakthrough, a number one market intelligence and recognition platform for world know-how innovation and management, the AutoTech Breakthrough Awards program is dedicated to honoring excellence in automotive applied sciences, providers, corporations and merchandise. The AutoTech Breakthrough Awards program supplies a discussion board for public recognition round the achievements of AutoTech corporations and options in classes together with Connected Car, Electric Vehicles, Engine Tech, Automotive CyberSecurity, Sensor Technology, Traffic Tech, Vehicle Telematics and extra. For extra info go to AutoTechBreakthrough.com
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 influence of conventional gas-powered automobiles. Based in Eugene, Oregon, the Arcimoto staff 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 embrace, however should not restricted to, statements that categorical our intentions, beliefs, expectations, methods, predictions or some other 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 should not ensures of future efficiency and contain dangers, uncertainties and assumptions which can be tough to foretell and embrace, 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 more likely to, differ materially from what’s expressed or forecasted in the forward-looking statements attributable to quite a few components mentioned on occasion in paperwork which we file with the SEC. In addition, such statements may very well be affected by dangers and uncertainties associated to, amongst different issues: our potential to handle the distribution channels for our merchandise, together with our potential to efficiently implement our rental technique, direct to shopper distribution technique and any extra distribution methods we might deem applicable; our potential to design, manufacture and market automobile fashions inside projected timeframes given {that a} automobile consists of a number of thousand distinctive gadgets and we will solely go as quick as the slowest merchandise; our inexperience up to now in manufacturing automobiles at the excessive volumes that we anticipate; our potential to take care of high quality management over our automobiles and keep away from materials automobile recollects; the quantity of reservations and cancellations for our automobiles and our potential to ship on these reservations; unexpected or recurring operational issues at our facility, or a catastrophic loss of our manufacturing facility; our dependence on our suppliers; adjustments in shopper demand for, and acceptance of, our merchandise: adjustments in the aggressive setting, together with adoption of applied sciences and merchandise that compete with our merchandise; the total energy and stability of common financial circumstances and of the automotive business extra particularly; adjustments in legal guidelines or laws governing our business and operations; prices and dangers related to potential litigation; and different dangers described on occasion 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 below 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:
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