Arcimoto seems to be going out of business

I've been a long-time fan of Arcimoto, a company based in Eugene, fifty miles south of Salem, where I live. Arcimoto makes the FUV (Fun Utility Vehicle), a three-wheeled semi-enclosed electric sort-of-motorcycle. In Oregon you don't have to wear a helmet while driving it, so it's a unique blend of a car and motorcycle. I've been following the fortunes of Arcimoto for a long time. Heck, this blog even has an "Arcimoto" category with ten posts in it, including this one. As I said in my first post back in July 2018, I've got both Arcimoto anticipation and anxiety: I've…

Why not buying an Arcimoto FUV still seems like a good decision

It's been almost a year since I wrote my last blog post about the Arcimoto FUV, a three-wheeled electric motorcycle that has some of the attributes of a car (notably, a roof). All of my Arcimoto posts, including this one, can be found here. In February 2019 I laid out the reasons I wasn't getting a FUV (Fun Utility Vehicle) in "Why I'm not buying one of the first 100 Arcimoto FUVs."  The reasons were:  (1) My wife hates the idea of me buying one.(2) No compelling reason to buy a FUV.(3) I can buy a FUV later.(4) The maximum…

Why I’m not buying one of the first 100 Arcimoto FUVs

My Arcimoto pre-order number of #129 shows that I've been following the ups and downs of the company for many years. Recently Arcimoto sent me an email with an enticing image of the Evergreen Edition FUV (Fun Utility Vehicle) that's being offered for sale to 100 people with low numbers on the pre-order list who live in Oregon, Washington, and California. (I live in Salem, Oregon.) But I've decided to pass on plunking down a $5,000 deposit on the $19,900 Evergreen Edition, with delivery promised by June 2019. Here's my reasons, roughly ranging from most important to least important.  (1)…

Arcimoto’s current financial situation: facts and my opinion

I'm an early Arcimoto backer with an early pre-order reservation number of #129. There's a lot that I like about the company's effort to design, manufacture, and sell an innovative electric three-wheeled motorcycle, which they call a FUV (Fun Utility Vehicle). But there's also a lot to be wary about. Notably, initial purchasers of the FUV have to make a bet on two things: (1) the quality of the final design of the FUV that will be used in retail sales (the design isn't finalized yet), and (2) the ability of Arcimoto, a start-up company, to stay in business through…

Be wary of Arcimoto’s new last-minute stock offering

In general I've been supportive of Arcimoto's attempt to design and market an electric three-wheeled motorcycle, which they call the FUV, Fun Utility Vehicle. It does indeed look like fun, but this doesn't take away from the fact that the company is on shaky financial ground. (You can see my previous posts about this effort by clicking on the Arcimoto category in the right sidebar. I have an early pre-order number of #129, so I've been following Arcimoto for quite a while.) But yesterday Arcimoto did something that strikes me as ethically dubious -- a new last-minute stock offering announced…

Arcimoto owes prospective buyers answers to key questions

Arcimoto is a company based in Eugene, Oregon that has been working on the design and production of a three-wheeled electric motorcycle since its founding in November 2007. I plunked down a $100 pre-order deposit in October 2015, so I've got a low reservation number: #129. I'm still trying to decide whether to buy an Arcimoto. I like the concept -- a fun to drive electric motorcycle with two heated seats, a windshield, seat belts, rollover protection, and other options yet to be revealed by Arcimoto.  But I've got unanswered questions that, hopefully, will be answered by the time I…

Arcimoto should get some long-term reviews before retail sales begin

I'm a fan of the Arcimoto FUV (Fun Utility Vehicle), a three-wheeled electric motorcycle being made in Eugene, Oregon that's been in the works for quite a few years. Retail sales are expected to begin by the end of 2018.  Since I've got a low pre-order reservation number, #129 out of a total of about 3,000 (according to the Portland Business Journal story), I've been thinking about what I need in order to feel comfortable buying one of the first Arcimotos.  A test drive, for sure. But I've watched lots of short videos where people take an Arcimoto for a…

Our Nissan Leaf experience may have a lesson for Arcimoto early adopters

Arcimoto is a Eugene company that's making a cool three-wheeled electric motorcycle billed as a FUV (Fun Utility Vehicle). I was one of the first to plunk down $100 as a pre-order reservation. My #129 place in line means I'm an early adopter. Or at least, a potential one. I'm still undecided about whether I'm going to pay upwards of $12,000 for an Arcimoto. The final design hasn't been revealed yet, nor has the final pricing with options. My experience with being an early adopter of the all-electric Nissan Leaf gives me some pause about jumping headfirst into the Arcimoto…

Three good reasons why I want an Arcimoto FUV

I've got an early pre-order number, #129, for the Arcimoto FUV (Fun Utility Vehicle), a three-wheeled electric vehicle that's classified as a motorcycle, yet has some desirable car-like features: seat belts, rollover protection, crumple zones, a roof. The title of my previous post from early July, "I've got both Arcimoto anticipation and anxiety," reflected my generally positive attitude toward this unique vehicle, and also some concerns. Since, I've given more thought to the pros and cons of becoming an Arcimoto owner. I still haven't driven one,  but I've come up with three good reasons why buying an Arcimoto makes sense…

I’ve got both Arcimoto anticipation and anxiety

I've been following the saga of Arcimoto, a three-wheeled electric FUV (Fun Utility Vehicle) for a long time. So long, I can't remember when I plunked down $100 for a pre-order reservation.  I must have been among the first to do this, since my reservation number is #129, and I believe they total more than 2,700 now. Over the years I've gotten numerous emails from Arcimoto headquarters in Eugene, Oregon, which is just fifty or so miles from where I live, Salem. It seems like production for retail customers like me is always just around the corner, but that corner…