A Eugene company that makes electric vehicles lost millions of dollars last year, according to recent financial filings. But its new CEO says the company could still eventually turn a profit.
The Oregon-based mobility company Arcimoto makes all sorts of three-wheel EVs, from its Fun Utility Vehicles (FUVs) to tricycles. And now, thanks to a partnership with the urban e-bike brand JOCO, soon you’ll see its FUVs all over New York City.
Up until now, EV manufacturer Arcimoto has made its mark on the market through its so-called FUVs (fun utility vehicles), which are small, electric three.