Arcimoto found 5x larger production base in Oregon
Arcimoto, which makes funky electric trikes, has announced that it has agreed to purchase a new manufacturing site in Eugene, Oregon. Spanning over 185,000 square foot (about 17,187 sqm), the new factory is more than five times as large as Arcimoto’s current production facilities.
The company considers the new Eugene facility to become “instrumental in achieving mass production” of Arcimoto’s electric vehicles. We first heard of them in 2017. Arcimoto then began building a trike. The small EV has since come to fame as first responder vehicle and intermediate crash car of Tesla boss Elon Musk.
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Arcimoto, Inc.® (NASDAQ: FUV), makers of affordable, practical, and joyful pure electric vehicles for everyday commuters and fleets, today announced that it has agreed to purchase a 185,000 square foot manufacturing site in Eugene, Oregon. More than five times as large as Arcimoto’s current manufacturing facilities, the new site will be instrumental in achieving mass production of Arcimoto’s ultra-efficient electric vehicles.
“In 2020 we articulated an aggressive goal to achieve mass production within two years,” said Arcimoto Founder and CEO, Mark Frohnmayer. “We believe the acquisition of this existing manufacturing facility is a critical leap toward our goal.”