Arcimoto are a startup making small and nimble electric vehicles which look similar to rickshaws, for short range runabout use. They are often mentioned on the Now You Know channel on Youtube, along with their NASDAQ stock ticker FUV.
Interviews with them have shown a growing factory facility and increasing vehicle quality and numbers. Multiple applications have been shown, including in the Gig Economy for food deliveries as an example.
Arcimoto, Inc. designs, develops, manufactures, and sells three-wheeled electric vehicles. Its portfolio of electric vehicles includes Fun Utility Vehicle; Rapid Responder for a specialized emergency, security, and law enforcement services; and Deliverator for delivery of goods.
They are in initial production and ramping up.
It’s up 19% today, what a rocket. I have no idea what’s going on. In October the news said “The Oregon-based manufacturer has struck a deal with a unit of Deutsche Post AG—better known as DHL—to deliver its machines across the U.S., a logistical coup that could spark demand outside its Northwest base.”