Benzinga | Jan 6, 2022 09:14AM EST

Arcimoto To Host 2022 RAMP IT UP Event On February 22

Company will unveil the production line at the new RAMP manufacturing facility, outline the path toward mass production of the Arcimoto FUV Platform, showcase next-generation vehicle technologies, and host special guests leading the charge to transform mobility

EUGENE, Ore., Jan. 06, 2022 (GLOBE NEWSWIRE) -- Arcimoto, Inc.(r) (NASDAQ:FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles for moving people and stuff, will host the 2022 RAMP IT UP event at Arcimoto headquarters in Eugene, Oregon and live via online streaming, on Tuesday, February 22 at 2:22 p.m. EDT.

Alongside the Company's leadership team, Founder and CEO Mark Frohnmayer will present the company's path forward to replicable, distributed mass production and officially cut the ribbon on the new FUV assembly line at Arcimoto's state-of-the-art RAMP manufacturing facility. Acquired in Q2 2021, the RAMP site features approximately 250,000 square feet of buildings under roof on more than ten acres of land. Arcimoto is developing the facility with a targeted maximum output capacity of 50,000 vehicles assembled annually.

"Arcimoto made phenomenal progress in 2021 towards its mission to deliver true sustainable mobility solutions at a scale that meaningfully addresses the root cause of climate change, one of, if not the most significant and present challenges facing humanity today," said Frohnmayer. "Arcimoto's primary goal in 2022, bar none, is to achieve mass production of the Arcimoto FUV platform. As such, we are very excited to show our key stakeholders, in person, our new production facility and assembly line, clearly lay out the road ahead, and showcase the exciting technologies and product offerings that we believe will help fundamentally transform the nature of urban transport."

RAMP IT UP will be open to media, Arcimoto shareholders, analysts, FUV owners, pre-order customers, and enthusiasts by invitation only. To request a ticket or sign up for the online live stream, send an email to rampitup@arcimoto.com. For those joining in person, Arcimoto will host guided factory tours through the new site, as well as offer demo rides of the FUV, Arcimoto's flagship EV purpose-built for everyday driving.

"Over more than a decade, Arcimoto has evolved from a napkin sketch to a world-class design and manufacturing company building revolutionary mobility solutions for the clean cities of tomorrow," continued Frohnmayer. "Since our inception, Arcimoto has been powered by a passionate community of stakeholders who share with us an inspired vision of, and mandate for, a sustainable future. We invite you to join us as we stride into the next and most exciting stage of our journey."

For the latest company updates, 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.