
EUGENE, Ore., March 02, 2022 (GLOBE NEWSWIRE) — Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles for moving people and stuff, today announced that it is partnering with Directed Technologies to introduce the Fun Utility Vehicle and Deliverator to the Australian market.
Over the course of the pilot program, Arcimoto vehicles will be tested by Directed Technologies’ fleet clients that specialize in last-mile delivery, and will be instrumental in preparing Arcimoto vehicles for eventual homologation to Australian safety standards.
“Our clients are increasingly demanding smarter, safer, and more sustainable delivery vehicles to fit their needs, and we see the small-footprint Arcimoto vehicles as filling an emerging market gap between bikes and vans to open an exciting next-generation nimble delivery vehicle category,” said Mark Whitmore, Global Sales Director, Directed Technologies. “We see this as an opportunity to lead on two levels: with Directed’s class-leading digital fleet management technologies and Arcimoto’s rightsized electric vehicle, which together can optimize last-mile delivery options of our clients while fitting seamlessly within their sustainability and technology vision.”
With a global head office and main distribution center located in Melbourne Airport, Victoria, Directed Technologies has representation across all states of Australia and more than 20 years of experience in the development and distribution of class-leading innovative products and solutions within the automotive, government, and enterprise sectors.
“It’s particularly encouraging to see the state governments within Australia, notably New South Wales and Victoria, increase their support for EV adoption with new charging infrastructure and subsidies for individuals as well as businesses,” said Arcimoto Founder and CEO, Mark Frohnmayer. “We’re proud to work with Directed Technologies to introduce our vehicle family to its vast roster of clients, with potential use-cases across the tourism, delivery, and emergency services verticals.”
For the latest stakeholder update, check out our RAMP IT UP presentation. Follow Arcimoto on YouTube, Facebook, Instagram, Twitter, TikTok, and LinkedIn. Investor information about the company, including press releases, stakeholder webcast replays, and more can be found at http://arcimoto.com/ir.
Safe Harbor/Forward-Looking Statements:
Except for historical information, all of the statements, expectations, and assumptions contained in this press release 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. 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.