Arcimoto

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Arcimoto
TypePublic company
NasdaqFUV
Russell Microcap Index component
IndustryAutomotive
FoundedNovember 2007; 13 years ago (2007-11) in Eugene, Oregon
FounderMark Frohnmayer
Headquarters
Eugene, Oregon
,
United States
ProductsElectric vehicles
Websitearcimoto.com

Arcimoto is an electric vehicle company headquartered in Eugene, Oregon that manufactures and sells the Fun Utility Vehicle, or FUV, a tandem two-seat, three-wheeled electric vehicle.[1] They also sell van-variations on the design "Rapid Responder" for emergency services, and "Deliverator" for last-mile deliveries.[2]

Company overview[edit]

History[edit]

Mark Frohnmayer, founder and president of Arcimoto, sold his previous company GarageGames in 2007.

On September 23, 2009, Arcimoto debuted the Pulse, with an estimated $20,000 price, taking pre-orders for $500.[3] The Pulse is now considered a Generation 3 prototype by the company.[4]

Arcimoto revealed their fifth prototype, and the first SRK, on April 23, 2011. According to Frohnmayer, actor Nathan Fillion drove their vehicle and came out saying it was like driving a shark, which is where the name SRK came from.[5] This model added extra power (89 hp) and four body designs on a common chassis.[6] According to Frohnmayer, Generation 6 SRK, revealed in April 2012, was to be the pilot with 14 vehicles produced, 10 of which already had committed purchasers, then the pilot run had been increased to 40 units, sold for $41,000 each. Some time later, Generation 7 was expected to be the mass production model in late 2012[5] but the company determined it was too large and heavy to create a viable market solution and opted to develop an eighth prototype generation that featured handlebars instead of a steering wheel.[7] The change in steering and occupant packaging dropped an estimated 600 lbs. from the vehicle design.

In June 2020, Arcimoto started working with Sandy Munro to streamline the design and manufacture.[2]

Arcimoto has designed and built eight generations of three-wheeled electric vehicle prototypes.[4]

Products[edit]

Arcimoto is currently producing multiple products based on the same vehicle platform. The vehicles have 102 miles of range from the battery electric powertrain. The platform is divided into the FUV for personal use, the Rapid Responder for emergency services, and the Deliverator for last-mile and local delivery. Future variations of the platform have been announced, such as the Cameo and flat-bed truck variants, but public information is still limited.

Three-Wheeled Platform[edit]

Technical specifications[edit]

Performance[8]

Acceleration 0-60 in 7.5s
Top Speed 75 mph
Turning Circle 29 feet
Power 77 bhp
Range 100 miles city
66 miles @ 55 mph
32 miles @ 70 mph

Weight & Measures

Overall Length 113″
Overall Width 61″
Max Height 65″
Ground Clearance 5.5″ unladen
Wheelbase 80″
Shipping Weight 1,300 lbs.
GVWR 1,800 lbs.

The FUV currently weighs 1,300 pounds but the team is working towards a goal of 1,100 pounds. So far, generative manufacturing applied to the steering knuckles, accelerator pedal, and control arms has reduced the weight of vehicles by 50 pounds.[9][unreliable source]

Features:[citation needed]

Battery System Lithium-Ion (NMC)
Integrated Charger 120V (Level 1) & 240V (Level 2) Auto-Switching
Passengers 2 in Tandem Configuration
Brakes Hydraulic with Regenerative Assist
Seat Belts Dual Shoulder/Lap Belts on Both Seats
Direction Forward & Reverse w/40-Degree Turning

The vehicles will come with cooled seats.[10][unreliable source]

Additional product specs[edit]

All Arcimotos are using switch reluctance internal permanent magnet machined motors which are purchased off the shelf. Motor controllers and battery cells are also purchased off the shelf. However, the two stage reduction gearbox is being designed and manufactured in house. The vehicle also contains two single speed parallel gear trains in the same gearbox chassis with a 7:1 gear reduction.[10][unreliable source]

Manufacturing/AMP[edit]

The Arcimoto Manufacturing Plant is Arcimoto’s original production facility. The company began leasing the building October 1, 2017.[11] Arcimoto held a grand opening ceremony on November 29, 2017 where Arcimoto's President reflected on the progress made over eight generations of their vehicle platform.[12] Upon building out the interior with equipment capable of producing up to 5,000 units per year, they began production on September 19th, 2019.[13]

As the company refines their manufacturing processes and the product platform, the AMP will act as a template for future AMPs. Subsequent AMPs will support 50,000 to 100,000 units per year. Except for an east coast AMP in the US, new AMPs will be built as joint ventures. The company plans to have local production capacity in Europe, Southeast Asia, and another, undetermined location.[14]

Second manufacturing facility[edit]

In 2021, Arcimoto purchased a manufacturing facility, unofficially dubbed the RAMP, about a city block away from AMP 1.[15] It was previously owned by Pacific Metal Fab, a metal fabrication business, resulting in minimal remodel work needing to be completed. RAMP is 185,000 square feet or roughly five times larger than AMP 1. Once fully ramped, the company expects to produce 25,000 vehicles in this facility. The first vehicles off the line are due by the end of 2021.[16][unreliable source]

Batteries[edit]

As of 2021, Arcimoto is utilizing cells made by the manufacturer Farasis Energy, a Chinese-based battery cell supplier. Farasis will add additional production capacity in the United States and Europe. This will enable lower costs for Arcimoto, reduced lead time, and decrease the likelihood of logistical delays concerning the physical distance and political climate between the US and China. As of May 2020 their supplier was conducting site selection in the US.[17]

The FUV platform uses pouch cells with a Lithium-Nickel Manganese Cobalt (NMC) battery chemistry[18] of about 30 Ah each from Farasis Energy, which are the same as Zero Motorcycle’s cells or the cells in the Polaris / Brammo Empulse. The cells combine to a total of 19.2 kWh in the FUV battery in a 28s 6p[clarification needed] configuration.[19][unreliable source] A smaller battery pack of 12 kWh has a 28s 4p configuration of the same cells. Arcimoto developed their own interconnect system for the batteries using a "novel way of crimping bus bars".[This quote needs a citation] The battery is capable of accepting level 2 charging; however, the company plans on making their fleet vehicles handle higher charging rates.[10]

Autonomous driving[edit]

Instead of developing autonomous driving themselves, Arcimoto have implemented the foundation for third-party autonomous hardware and software that will integrate into the vehicle platform. For example, the steering is enabled for “drive by wire” so that software can control the direction of the wheels without the need for additional hardware.

Leading up to level 5 autonomous driving, the company anticipates a gradual increase of ADAS features.[20]

Software[edit]

Arcimoto vehicles will have custom software in the vehicle, along with a mobile application.

Similar to Tesla vehicles, Arcimotos will be subject to over-the-air updates. Updates can affect all components, including the display and the handling characteristics.

In addition to controlling driving dynamics, the mobile application will control how the vehicle behaves. For example, golf courses may construct geofences which will limit the top speed of an FUV while the passengers are golfing.

The application will also enable Arcimoto owners to rent their vehicle to others.[21][unreliable source]

FUV[edit]

The company's first vehicle, the Fun Utility Vehicle, or FUV,[22] is a tandem two-seat three wheeled electric motorcycle with an EPA-rated range of 102 city miles per charge[23] The vehicle will have a fuel economy of 173.7 MPGe at city driving speeds.[24] The FUV is freeway capable, with a maximum speed of 75 mph (121 km/h). The company officially launched production and delivery of the retail Fun Utility Vehicle on September 19, 2019.[25]

Rapid Responder[edit]

The Rapid Responder variant is built for emergency services and security professionals. Due to its smaller footprint compared to traditional emergency vehicles, the Rapid Responder can arrive at the scene of an incident more quickly and easily. The core of the Rapid Responder is an FUV with a roof rack available to store equipment and is outfitted with emergency flashing lights, including forward facing lights for increased visibility. The Rapid Responder also comes with a siren and 360-degree scene lights situated around the vehicle.[26]

Arcimoto is currently conducting pilot programs of the Rapid Responder with the City of Eugene, the Eugene Springfield Fire Department, and the city of Eastvale, California.

Deliverator[edit]

The Deliverator is built for businesses who offer local and last-mile delivery to their customers. This variant comes with only one seat. The back seat is replaced by an extra-large cargo area that is accessible by a door on the right side (when seated in the vehicle). With a carrying capacity of over 350 pounds[vague] and over 15+ cubic feet[vague] of storage, the Deliverator enables deliveries of parcels.

Arcimoto is currently conducting pilot programs with companies and organizations around the US. The production version of the Deliverator will be ready by the end of 2020. Production is expected to ramp up to volume production during 2021.

Roadster[edit]

This FUV variant features no roof or roll cage, similar to a three-wheeled motorcycle. Removing the roof reduces the vehicle's weight by about 100 pounds and Mark sees areas for further weight savings.[27][unreliable source] The seats are being developed by Corbin-Pacific while the windshield is being developed by National Cycle. Corbin-Pacific and National Cycle also manufacture the seats, windshield and roof for the FUV, Rapid Responder, and Deliverator.[28] Pricing starts at $23,900 and will begin production in Q2 2021.[29] Finalized specs have not been announced for the Roadster.

Future versions[edit]

Cameo[edit]

The Cameo is the fourth variant of the Arcimoto platform that is specifically designed for filming applications. The passenger seat and storage compartment is replaced with a rear-facing seat. This configuration provides free range of motion for a cameraperson to film.

Flat-bed pickup truck[edit]

The Cameo variant lays the groundwork for the fifth variant, a flat-bed pickup serving the general utility market.

Executives[edit]

  • Mark Frohnmayer, Founder, President: Mark grew up in Eugene, Oregon before attending the University of California, Berkeley. He graduated in 1996 with degrees in electrical engineering and computer science. Has past experience is in software development with Dynamix and his own company GarageGames. [30] Arcimoto's formation was funded with the Frohnmayer's share of the sale of GarageGames to IAC.[31][32]
  • Douglas Campoli, Chief Financial Officer: Campoli has served in this position since June 2015. Most notably out of his various roles, Douglas was the Chief Financial Officer of GarageGames. He holds a Bachelor of Science in Business and Finance from the University of South Florida and an MBA with a concentration in Finance from the University of Tampa.[33]
  • Terry Becker, Chief Operating Officer: Becker has been the Chief Operating Officer of Arcimoto since September 2017 after having been a Director since May 2015. He has qualifications in mechanical engineering and physics degrees from Walla Walla University and Loma Linda University respectively[34]
  • Eric Fritz, Chief Marketing Officer: Fritz has been the Chief Marketing Officer for Arcimoto since September 2010. He also worked with Frohnmayer and Campoli at GarageGames. Eric holds a Bachelor of Science degree in Chemistry from the University of Oregon.[35]
  • Jesse Fittipaldi, Chief Strategy Officer: Fittipaldi joined Arcimoto in May 2015 and became the Chief Strategy Officer in 2020, and is a graduate of Oregon State University.[36]
  • Jove Lachman-Curl, Mechanical Engineering Lead

See also[edit]

References[edit]

  1. ^ "Arcimoto Charges Ahead With First Deliveries of Electric FUVs". Cheddar.
  2. ^ a b "Arcimoto Announces Strategic Agreement With Munro & Associates To Plan For High Volume Production of Ultra Efficient Electric Vehicles". www.businesswire.com. June 10, 2020. Retrieved October 30, 2020.
  3. ^ Heldler, Jason (September 27, 2009). "Arcimoto Pulse - 3 Wheel Electric Vehicle". Green Car Reports. Retrieved August 16, 2019.
  4. ^ a b "Arcimoto History - The Story of the FUV". Arcimoto. Retrieved August 16, 2019.
  5. ^ a b Said by Frohnmayer during an in-class presentation on 7 February 2012 at Oregon State University.
  6. ^ "SRK". Arcimoto. Archived from the original on April 26, 2011. Retrieved April 24, 2011.
  7. ^ Finley, Klint (October 18, 2015). "The Key to Cheap Electric Cars? Ditch the Steering Wheel". Wired. Condé Nast. Retrieved December 2, 2015.
  8. ^ "The Fun Utility Vehicle | Ultra Efficient Electric Vehicles".
  9. ^ "Generative Design Improves Arcimoto's FUV: The Cool Parts Show S3E3" – via www.youtube.com.
  10. ^ a b c "Why this $20k EV will Disrupt City Transport: Arcimoto CEO Interview" – via www.youtube.com.
  11. ^ "Arcimoto, Inc. Announces New U.S. Manufacturing Plant in Oregon". www.businesswire.com. September 28, 2017.
  12. ^ "Arcimoto Manufacturing Plant Grand Opening" – via www.youtube.com.
  13. ^ "Arcimoto FUV Retail Production Launch Event 9.19.19" – via www.youtube.com.
  14. ^ "Arcimoto 2020 Q2 Earnings Webinar" – via www.youtube.com.
  15. ^ "RAMP purchase press release". Business Wire. Retrieved March 9, 2021.
  16. ^ "Future of EVs w/ $FUV Arcimoto CEO". YouTube. Retrieved March 9, 2021.
  17. ^ http://farasis.com/en/index.html
  18. ^ "The Fun Utility Vehicle | Ultra Efficient Electric Vehicles". Arcimoto. Retrieved April 12, 2021.
  19. ^ https://m.facebook.com/groups/343218869645332/permalink/458204971480054/
  20. ^ "Cowen 2020 Global Transportation & Sustainable Mobility Conference". wsw.com.
  21. ^ "Interview with the president of Arcimoto: Electric Vehicles, the FUV, Tesla, and the new Roadster!". YouTube. Dr. Know-it-all Knows it all. Retrieved March 9, 2021.
  22. ^ "Arcimoto - The Everyday Electric". Arcimoto. Retrieved May 31, 2018.
  23. ^ Gitlin, Jonathan M. (January 9, 2016). "The Arcimoto FUV electric vehicle is the most fun thing we did at CES". Ars Technica. Condé Nast. Retrieved August 16, 2019.
  24. ^ "Arcimoto Begins Retail Production and Delivery of Ultra-Efficient, Pure-Electric Fun Utility Vehicles". www.businesswire.com. September 19, 2019.
  25. ^ Roberson, Bill. "Let The FUV Begin: EV Startup Arcimoto Starts Retail Production Of All-Electric Three-Wheeler". Forbes.
  26. ^ Frohnmayer, Mark (April 14, 2020). "Arcimoto Spring 2020 Update". youtube.com. Retrieved October 7, 2020.
  27. ^ "Arcimoto Roadster?! w/ Mark Frohnmayer". YouTube. HyperChange. Retrieved March 9, 2021.
  28. ^ "Arcimoto Begins Development Of The Roadster". Business Wire. Retrieved March 9, 2021.
  29. ^ "Preorder Roadster | Ultra Efficient Electric Vehicles". Arcimoto. Retrieved March 9, 2021.
  30. ^ "LinkedIn". LinkedIn.com. October 4, 2020.
  31. ^ "Barry Diller's Grand Acquisitor". www.fastcompany.com. October 4, 2020.
  32. ^ Frohnmayer, Mark (March 22, 2019). "Arcimoto Factory Tour & Mark Frohnmayer Interview". youtube.com. Retrieved October 4, 2020.
  33. ^ "LinkedIn". www.linkedin.com. October 4, 2020.
  34. ^ "LinkedIn". www.linkedin.com. October 4, 2020.
  35. ^ "LinkedIn". www.linkedin.com. October 4, 2020.
  36. ^ "LinkedIn". www.linkedin.com. October 4, 2020.

External link[edit]

  • Media related to Arcimoto at Wikimedia Commons