Posts Tagged ‘Arcimoto’
$18 Million Injection as Arcimoto Resumes Production
Oregon, US A US company at the forefront of light electric vehicle production, Arcimoto, has accrued a total of US$18 million (A$26.71 million) in funding during the past two months, and late last month resumed production for 2023. Arcimoto recorded a nett loss of approximately US$17 million (A$25.28 million) in the third quarter of 2022,…
Arcimoto’s Mean, Lean High-Performance Trike
Oregon, US US light electric vehicle manufacturer Arcimoto has unveiled a unique high-performance e-trike using its patented tilt technology. The Mean Lean Machine (MLM) features hub motors on all three corners and a pedal generator, eliminating the need for a chain, belt or any grease. Arcimoto spokesperson and three-wheel tiling technology pioneer Bob Mighell said…