EUGENE, Ore., March 03, 2022 (GLOBE NEWSWIRE) — Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles for moving people and stuff, today announced that drivers of Arcimoto Fun Utility Vehicles in New York will no longer need to have a motorcycle license under legislation signed by Governor Kathy Hochul. The bill, A7192A/S6335, sponsored by Assemblywoman Donna Lupardo and Senator Tim Kennedy, brings New York State in line with other states that do not require a motorcycle license to operate an autocycle such as those built by Arcimoto.
“Excelsior!” said Mark Frohnmayer, CEO and Founder, Arcimoto. “We applaud the great state of New York for passing this important legislation. New York continues to show leadership pushing for reforms to address the climate crisis we face, and allowing their constituents to more easily make sustainable transportation choices that don’t depend on imported fossil fuels. We commend Governor Kathy Hochul, State Senator Tim Kennedy, and Assemblymember Donna Lupardo for leading the charge on this pragmatic change.”
Assemblywoman Donna Lupardo said, “We have worked on this bill for a number of years in order to bring it across the finish line. This will open up the autocycle market to a much wider customer base. Seniors, in particular, wanted to have this option but questioned their ability to obtain a motorcycle license. Thank you to Senator Kennedy for his partnership and to Governor Hochul for her support.”
Senator Tim Kennedy, Chair of the Senate Transportation Committee said, “Through this legislation, we’re bringing New York State in line with many other states across the nation, while simultaneously strengthening accessibility for autocycle drivers and investing in sustainable models of transportation. I’m proud to champion this alongside Assemblymember Lupardo, and thank Governor Hochul for making this a priority and signing this bill into law.”
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.