April 26, 2024

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Arcimoto and Scoot Scoot Rentals to Begin FUV rentals in St. Petersburg, Florida

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Arcimoto

Arcimoto

Pure-electric powered Enjoyment Utility Automobiles will be accessible to lease later this month

Arcimoto Scoot Scoot

Arcimoto and Scoot Scoot Rentals to Begin FUV rentals in St. Petersburg, Florida later this month.

Arcimoto and Scoot Scoot Rentals to Start off FUV rentals in St. Petersburg, Florida afterwards this thirty day period.

EUGENE, Ore., March 14, 2022 (World NEWSWIRE) — Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, outrageously entertaining, extremely-successful electrical cars for going men and women and stuff, and Scoot Scoot Rentals introduced right now that they will commence renting Arcimoto Exciting Utility Cars in St. Petersburg, Florida, commencing in March.

“St. Pete is a jewel of the gulf coast, and we’re thrilled to provide site visitors to the Sunshine Town a probability to ride the pure-electrical FUV,” explained Mark Frohnmayer, Arcimoto Founder and CEO. “St. Petersburg signifies our fourth Florida rental area, another big milestone in our place rental approach, which drives brand name awareness as vacationers will have accessibility to an unforgettable, sustainable journey unlike anything at all else.”

“Recognized as the very first Green Metropolis in Florida, St. Petersburg prides alone on sustainability and pleasurable in the sunshine. In that spirit, the FUV is the great EV to insert to our fleet,” stated Remington Brown, owner of Scoot Scoot Rentals. “It’s a excellent experience for our clients to discover downtown St. Pete, our incredible shorelines, and past.”

Scoot Scoot Rentals is the ninth Arcimoto rental locale, with rentals also offered in San Francisco, San Diego, Santa Monica, Critical West, Marco Island, Florida, Fort Lauderdale, Florida, San Juan Island, Washington, and Eugene, Oregon. For far more information, check out Arcimoto.com/rental and Scootscootrentals.com.

For the newest stakeholder update, check out out our RAMP IT UP presentation. Follow Arcimoto on YouTube, Facebook, Instagram, Twitter, TikTok, and LinkedIn. Investor information and facts about the firm, which includes press releases, stakeholder webcast replays, and much more can be found at http://arcimoto.com/ir.

About Arcimoto, Inc.
Arcimoto (NASDAQ: FUV) develops and manufactures ultra-economical and inexpensive electrical automobiles to assistance the entire world change to a sustainable transportation technique. Our flagship motor vehicle, the Arcimoto FUV®, is intent-constructed for every day driving and transforms standard outings into pure-electric powered joyrides. Introduced in 2021, the all-new Arcimoto Roadster is built to be the supreme open up-highway enjoyment equipment and is the purest expression of the Arcimoto Platform. The Deliverator® and Immediate Responder™ deliver previous-mile shipping and delivery and emergency response functionality, respectively, at a fraction of the price tag and environmental effect of standard fuel-run autos. Predicted to launch in 2022, the Flatbed represents Arcimoto’s vision of a pure-electrical, rightsized utility pickup truck. The future Cameo™ is developed to produce a smooth, silent, sustainable digicam car for the film and influencer industries. Every Arcimoto auto is constructed at the Arcimoto Production Plant in Eugene, Oregon. For additional info, be sure to stop by Arcimoto.com.

Harmless Harbor / Forward-Searching Statements
Except for historical details, all of the statements, anticipations, and assumptions contained in this push release are ahead-searching statements. Forward-on the lookout statements include, but are not limited to, statements that convey our intentions, beliefs, anticipations, methods, predictions or any other statements relating to our foreseeable future functions or other future functions or situations. These statements are based mostly on existing expectations, estimates and projections about our company based, in portion, on assumptions made by administration. These statements are not ensures of future overall performance and include pitfalls, uncertainties and assumptions that are challenging to predict and include things like, with no limitation, our anticipations as to automobile deliveries, the establishment of our support and shipping network and our envisioned amount of generation. As a result, true outcomes and results may perhaps, and are likely to, differ materially from what is expressed or forecasted in the ahead-seeking statements because of to various elements talked over from time to time in files which we file with the SEC. In addition, this sort of statements could be afflicted by challenges and uncertainties similar to, among other factors: our capacity to deal with the distribution channels for our products and solutions, which include our means to effectively put into action our rental tactic, direct to purchaser distribution technique and any additional distribution techniques we may deem ideal our means to style and design, manufacture and industry auto designs inside projected timeframes specified that a auto consists of various thousand exclusive things and we can only go as rapid as the slowest merchandise our inexperience to day in manufacturing motor vehicles at the superior volumes that we anticipate our potential to sustain good quality management about our motor vehicles and prevent substance motor vehicle recollects the amount of reservations and cancellations for our cars and our potential to produce on those people reservations unforeseen or recurring operational issues at our facility, or a catastrophic reduction of our production facility our dependence on our suppliers adjustments in customer demand for, and acceptance of, our solutions: changes in the aggressive ecosystem, such as adoption of technologies and products that contend with our solutions the overall toughness and steadiness of general financial circumstances and of the automotive business a lot more especially variations in rules or rules governing our business and operations fees and threats involved with opportunity litigation and other dangers described from time to time in periodic and existing experiences that we file with the SEC. Any ahead-hunting statements talk only as of the date on which they are designed, and except as may well be essential less than applicable securities legal guidelines, we do not undertake any obligation to update any ahead-hunting statements.

Public Relations Contact:
Megan Kathman
(651) 785-3212
[email protected]

Investor Relations Speak to:
[email protected]

A image accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dba67ada-baf8-4566-9e3e-504ee04c8fdb

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