Arcimoto will showcase a fun utility vehicle and delivery driver at the 2021 Electric Mobility Symposium at Marine Corps Air Station Miramar in San Diego on June 24


EUGENE, Oregon – (COMMERCIAL THREAD) – Arcimoto, Inc.® (NASDAQ: FUV), a maker of fun, affordable and ultra-efficient electric vehicles for everyday drivers and fleets, today announced that it will introduce the Fun Utility Vehicle and Deliverator at the 2021 Electric Mobility Symposium held at Marine Corps Air Station Miramar in San Diego on June 24.

Along with Beam, the creators of the world’s fastest deployed EV Arc solar chargers; JuiceBar, manufacturer of the most powerful level 2 EV chargers on the market; and TESIAC, a managed services platform that provides infrastructure as a service to public and private entities, Arcimoto will demonstrate the potential of shared fleets of ultra-efficient electric vehicles to be deployed on military bases, in smart cities and across the country. -of the.

“One of the biggest challenges in adopting electric vehicles today and developing the autonomous shared fleets of tomorrow is the lack of advanced and scalable charging and management infrastructure, which will allow us to move forward. point A to point B as efficiently as possible, while still benefiting from zero emissions, optimal utilization and a large amount of charge left in each vehicle, ”said Jesse Fittipaldi, Chief Strategy Officer of Arcimoto. “We are proud to collaborate with mobility infrastructure leaders TESIAC, Beam and JuiceBar to create an EV technology ecosystem that will power sustainable, shared and self-sufficient fleets for the public and private sectors, especially for underserved communities who would make the most of these advances.

“Public-private partnerships have the power to make huge strides in solving large and complex challenges. By working with the US Marines, Arcimoto, JuiceBar, TESIAC and other EMS partners, we demonstrate the promise of truly clean mobility, ”said Beam Global CEO Desmond Wheatley. “Listed on the GSA contract, the EV ARC solar-powered charging system generates and stores its own electricity to power JuiceBar and other branded chargers and charge a range of military and civilian electric vehicles. We are delighted to be part of this vision of connectivity and clean mobility.

“The future of fleets is contactless, shared and electric – providing a seamless experience for customers while reducing overall fleet costs,” said Paul Vosper, CEO of JuiceBar. “JuiceBar’s flagship Gen 3 chargers are designed to meet the demands of fleet owners with a unique open protocol smart grid and the industry’s fastest Level 2 EV chargers, providing a cost effective charging solution. Working with TESIAC, Arcimoto and Beam provides customers with powerful and customized turnkey solutions that bring sophisticated technologies to meet power needs and installation issues, providing a reliable and flexible infrastructure for fleet operators.

“At TESIAC, we are focused on a scalable and integrated infrastructure that effectively and efficiently addresses the mobility, technology, energy and capital challenges faced by government agencies and commercial industries to achieve their goals and / or sustainable development mandates. We believe affordable and ultra-efficient electric vehicles such as the Arcimoto FUV will be essential in this effort, ”said Karen Morgan, Managing Partner at TESIAC. “In combination with the innovative charging technologies provided by Beam and JuiceBar, we have the potential to create an EV technology cluster that could be quickly deployed on military bases or within communities in general, providing access to very affordable electric transportation. to travel not only through military bases, but near cities, campuses, shopping areas or wherever you need to be.

The 2021 Electric Mobility Symposium begins at 9:00 a.m. PDT at MCAS Miramar and will feature key government leaders discussing evolving policies and plans for electric mobility. The latest technologies with industry-leading organizations will showcase the latest possible developments for use on and off the base, both now and in the near future. MCAS Miramar is a leader in infrastructure electrification and mobility, with 5G-enabled networks, micro-grids with multiple renewable energy sources, and autonomous vehicle testing grounds. Visit the official event page here.

For the latest company updates, follow Arcimoto on Youtube, Facebook, Instagram, Twitter, and LinkedIn. A replay of the latest Company Quarterly Results webinar can be viewed here. For more information visit Arcimoto.com.

About TESIAC

TESIAC is an economic development and managed services platform that provides infrastructure as a service to public and private entities through flexible project management and innovative financial structures. TESIAC operates at the crossroads of mobility, technology, energy and capital markets. In doing so, TESIAC enables integrated and interoperable systems to improve overall efficiency, increase operational performance and create layers of lasting value. TESIAC brings together an experienced interdisciplinary team and partners with new and advanced technologies, as well as flexible and innovative capital structures. Our core principles are focused on smart city development with a focus on climate, social equity and job creation.

About Beam Global

Beam Global is a CleanTech leader producing innovative and sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, without the construction, disruption, risk and cost of grid-related solutions. Products include the patented EV ARC ™ and Solar Tree® lines with patented BeamTrak ™ solar tracking and ARC Technology ™ energy storage, as well as EV charging, outdoor media and disaster preparedness packs.

The company develops, patents, designs, develops and manufactures unique and advanced renewable energy products that save customers time and money, protect the environment, empower communities and get people moving. . Based in San Diego, the company manufactures Made in America products. Beam Global is listed on the Nasdaq under the symbols BEEM and BEEMW (formerly Envision Solar, EVSI, EVSIW). For more information visit BundleForAll.com, LinkedIn, Youtube and Twitter.

About JuiceBar

JuiceBar has been leading the EV Charger EVolution since 2009 and is committed to building a global EV charging infrastructure that preserves the environment for future generations. Our JuiceBar chargers are deployed in over 100 cities in the United States and Canada and are manufactured and assembled in the United States Our recently launched Gen 3 chargers are 60% faster than the industry standard Level 2 charger, offer unique security features and offer a choice of communication networks. We’re known for our technology, stylish and durable charger designs with a personalized branding, superior user experience, and our ability to consult and guide buyers through a cost-effective transition to electric mobility solutions. For more information on JuiceBar, visit www.JuiceBarEV.com.

About Arcimoto, Inc.

Arcimoto (NASDAQ: FUV) develops and manufactures ultra-efficient and affordable electric vehicles to help the world make the transition to a sustainable transportation system. Now available in California, Oregon, Washington and Florida, the Arcimoto FUV® is specially designed for everyday driving, turning ordinary journeys into purely electric rides. Available for pre-order, the Delivery man® and Fast answering machine™ provide last mile delivery and emergency response functionality, respectively, at a fraction of the cost and environmental impact of traditional gasoline-powered vehicles. Two additional concept prototypes built on the versatile Arcimoto platform are currently in development: the Cameo ™, aimed at the movie industry and influencers; and the Roadster, designed to be the ultimate fun machine on the road. Every Arcimoto vehicle is built at the Arcimoto manufacturing plant in Eugene, Oregon. For more information, please visit Arcimoto.com.

Safe Harbor / Forward-looking statements

Except for historical information, all statements, expectations and assumptions contained in this press release are forward-looking statements. Forward-looking statements include, without limitation, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statement relating to our future business 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 and include, without limitation, our expectations regarding vehicle deliveries, the establishment of our service and delivery network and our expected production rate. Therefore, actual results and results may differ and are likely to differ materially from what is expressed or expected in forward-looking statements due to many factors discussed from time to time in documents that we file with the SEC. In addition, these statements could be affected by risks and uncertainties relating to, among other things: our ability to manage the distribution channels of our products, including our ability to successfully implement our leasing strategy, the strategy direct-to-consumer distribution and any additional distribution strategy we may deem appropriate; our ability to design, manufacture and market vehicle models on schedule as a vehicle is made up of several thousand unique items and we cannot go as fast as the slowest item; our inexperience to date in manufacturing the high volume vehicles we anticipate; our ability to maintain quality control over our vehicles and to avoid physical vehicle recalls; the number of reservations and cancellations for our vehicles and our ability to meet those reservations; unforeseen or recurring operational problems at our plant, or a catastrophic loss of our manufacturing plant; our dependence on our suppliers; changes in consumer demand and acceptance of our products: changes in the competitive environment, including the adoption of technologies and products that compete with our products; the overall strength and stability of general economic conditions and of the automotive industry in particular; changes in laws or regulations governing our business and operations; the costs and risks associated with potential litigation; and other risks described from time to time in the periodic and routine reports that we file with the SEC. All forward-looking statements speak only as of the date they are made, and except as may be required under applicable securities laws, we do not undertake to update any forward-looking statements.



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