Arcimo receives Investment Bank Analyst Rating Update
Arcimoto , Inc. (NASDAQ:FUV) reported Q2 EPS of ($0.44), $0.14 worse than the analyst estimate of ($0.30). Revenue for the quarter came in at $1.5 million versus the consensus...
By Sam Boughedda Investing.com — Electric vehicle firm Arcimoto Inc (NASDAQ:FUV) announced Wednesday that it is now accepting vehicle reservations from customers in Arizona,...
Arcimoto, Inc. is engaged in the design, development, manufacturing, and sales of electric vehicles. The Company has introduced six vehicle products built on the first Arcimoto platform that target specific niches in the vehicle market. Its flagship product, the Fun Utility Vehicle (FUV), for everyday consumer trips; the Deliverator for last-mile delivery and general fleet utility; the Rapid Responder for emergency services and security; the Cameo for film, sports and influencers; the Arcimoto Roadster, an unparalleled electric on-road thrill machine; and the Flatbed, the Company's solution for a right sized pickup truck. The Company introduced a second vehicle platform prototype, and the first product concept on that platform, a class III e-trike codenamed the Mean Lean Machine. The Company is also selling their TRiO motorcycle upgrade kit through Tilting Motor Works, Inc., which transforms a traditional two-wheeled motorcycle into a leaning three-wheeled motorcycle.
|Average||9.25 (+570.29% Upside)|
|No. of Analysts||4|