[Sent as an email to our newsletter list on March 30, 2018. Sign up to receive these emails here. Already on the list but aren’t receiving our emails? Contact us at firstname.lastname@example.org to sort the problem.]
We caught some light March snow just a week ago, indicating that it’s still winter in the Willamette Valley, and here at Arcimoto, things may seem just as quiet as the hibernating grape vines. But just like those plants, big things are growing beneath the surface, ready to spring forth.
CORPORATE UPDATE VIDEO
The strong support we received in our Reg. A+ IPO has allowed us to accelerate our manufacturing plans and begin implementing our automated production capabilities ahead of schedule. You can read all about it in our freshly released 10-K filing, or check out Mark, Terry, and Jesse discussing the factory build in our first Corporate Update Video of the year:
THE BIG APPLE
With snow still on the ground in Eugene, our road crew headed out for our East Coast spring tour. Our first stop was for the Press Days at the New York International Auto Show. Once again, we have been very well received as we share the Arcimoto story and showcase our third Signature Series FUV. This is the third visit Arcimoto vehicles have made to Manhattan, and both in our experience at the show and on the road, we’ve been gratified by the performance of the vehicles and the reactions of media, drivers, and onlookers.
RINGING THE BELL
We’ll be here through early next week, ringing the closing bell at Nasdaq on Tuesday, April 3. Tune in to https://new.livestream.com/
Our tour will continue through Boston, then back to NYC for the MicroCap Conference, then to DC to talk to our representatives in Congress and the fine folks at the Department of Energy, and finally to Detroit to talk to key supplier partners. Then it’s back home to the AMP to prepare for the on-roading of the remainder of the Signature Series fleet and our progression towards the Pilot and Retail production series.
This is a pivotal year for us, as we continue the transition to a manufacturing enterprise and delivering on the vision of a true mobility solution that is affordable for the masses. Thank you for joining us on this journey.
P.S. If you haven’t yet reserved your Fun Utility Vehicle, now’s a great time to save a spot in line!
Except for historical information, all of the statements, expectations, and assumptions contained in this newsletter are forward-looking statements. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors discussed from time to time in documents which we file with the SEC. In addition, such statements could be affected by risks and uncertainties related to, among other things: our ability to effectively execute on our business plan and growth strategy; the volatility of our stock price; our ability to design, manufacture and market vehicle models within projected timeframes; our dependence on suppliers; the number of reservations and cancellations for our vehicles and the ability to deliver on those reservations; our reliance on key personnel; our ability to manage the distribution channels for our products, including our ability to successfully implement our direct to consumer distribution strategy and any additional distribution strategies we may deem appropriate; changes in consumer demand for, and acceptance of, our products; changes in the competitive environment, including adoption of technologies and products that compete with our products; the overall strength and stability of general economic conditions and of the automotive industry more specifically; and changes in laws or regulations governing our business and operations. Any forward-looking statements speak only as of the date on which they are made, and except as may be required under applicable securities laws, we do not undertake any obligation to update any forward-looking statements.