"The second quarter of 2019 was marked by continued pre-production testing and fine tuning in advance of retail-series production of our Evergreen Edition Fun Utility Vehicle
," said Mark Frohnmayer, Founder and President of Arcimoto.
Available for pre-order, its Fun Utility Vehicle
, Rapid Responder and Deliverator are light, affordable and appropriate electric vehicles suitable for everyday transport.
Available for pre-order today with a target purchase price of $11,900, Arcimoto's FUV defines the Fun Utility Vehicle
category: it's the lightest, most affordable and performance-packed electric vehicle suitable for the daily driver.
Arcimoto stock, which trades on Nasdaq under the symbol FUV, for "fun utility vehicle
," closed at $3.98 a share on Friday.
A spokesperson of Towell Auto Centre (TAC), distributor of Mazda cars in Oman, said, "We have positioned the new Mazda CX-3 as a FUV -- a Fun Utility Vehicle
. It is refined, well built, cleverly packaged, good looking and fun to drive.
Its Fun Utility Vehicle
is an efficient motorcycle for a wide range of daily drivers.
Arcimoto stock, which trades on Nasdaq under the ticker symbol FUV, for "fun utility vehicle
," closed at $5.54 a share on Friday, putting the value of Frohnmayer's shares at $38.8 million.
Arcimoto calls its motorcycle a "fun utility vehicle
," or FUV, which provided the inspiration for its Nasdaq ticker symbol.