Arcimoto-2

World’s First Fun Utility Vehicle: Affordable, Efficient, Electric

3
Funded!
$1,308,000
Fundraise Status
Closed
Goal Amount
$1,000,000
Amount Raised
$1,308,000

MEET THE ARCIMOTO SRK

Many thanks to the Fundable community for a successful round. The raise has led directly into our Regulation A public offering which is live now! You can read more about it at our new Fundable profile.

The Arcimoto SRK is the world’s first low-cost everyday electric vehicle. It combines the environmental friendliness and stable ride experience of an electric car with the maneuverability and flat-out fun of a motorcycle. The result: the worldwide commute will never be the same.

Environmental sustainability is one of the greatest challenges we face in the 21st century, and transportation is by far its greatest frontier. Across the United States and around the world, there are millions of environmentally conscious professionals who are looking to reduce their environmental impact and live more affordable, sustainable lives.

Over its nine year history, Arcimoto has built a mature product design through eight successive generations of prototype iteration and the on-road and in-market testing of 10 fully-functional prototypes to date. Arcimoto is on the cusp of building pilot vehicles for final product testing, and is on track to deliver vehicles to customers in 2017.

DRIVE THE FUTURE

The mission of Arcimoto is simple: catalyze sustainable mobility by giving environmentally conscious people everywhere a smarter, cleaner, greener way to get around. The quest for extreme efficiency led to an amazingly fun, low-cost vehicle with daily utility, saving customers money and reducing carbon.

The Arcimoto SRK checks all the boxes for an everyday vehicle:

Good, Clean Fun
At 230 miles per gallon equivalent, the SRK has almost 10X the energy-efficiency of a standard passenger vehicle, and ¼ the footprint.

Go the Distance
The base model range of 70 miles is plenty for most urban areas, but you’ll also be able to choose a 130 mile extended range option for those longer commutes. And the battery recharges in just a few hours.

Fashion Meets Function
The SRK easily fits 2 people plus gear -- plenty of space for the drive to work or an evening out.

Dressed Up or Dressed Down
Choose from a variety of enclosure options to suit your needs, whether it’s protection from the elements or to secure your cargo. Outfit the base model with half-door or full-door soft or hard panels, or combine an enclosure with removal of the back seat to create the Deliverator, the ultimate delivery fleet vehicle.

Rockstar Parking Comes Standard
The SRK is just short enough that it can park tail-into the curb, meaning that you can park three of them in a normal parallel parking space. Perfect for city driving.

Unparalleled Motorcycle Safety
The SRK’s stellar ride and maneuverability are augmented with a full roll cage, 3 + 2 harnesses for both riders and superior vehicle visibility over standard motorcycles.

Commuters aren’t the only ones who can benefit from the SRK’s s extraordinary efficiency and urban utility. It is an ideal fit for a wide range of business applications, including:

  • Ride sharing
  • Food delivery
  • Parcel delivery
  • City parking enforcement
  • Last mile transit
  • Autonomous touring

TRACTION & WHAT'S NEXT

Arcimoto is ready to deliver low-cost, sustainable, environmentally friendly transportation to cities everywhere.

We have designed and built eight electric vehicle prototype generations to validate key vehicle subsystems and basic product capabilities. Our Generation 8 SRK alpha vehicles are on the road and receiving rave reviews from everyone who drives one.

We've refined our sales funnel, exceeded our 2016 goal of 1,000 reservation deposits, brought the cost of customer acquisition below $25 dollars, generated more than 10,000 direct email sales leads and garnered 17,000+ social media followers.

Arcimoto is in the process of securing patents to protect a number of innovations underlying the SRK, including our proprietary battery system, FutureDrive electric drive technology and eighth-generation architecture.

Arcimoto has garnered interest from a wide range of established companies and institutions that are interested in using the SRK for fleet applications.

Arcimoto's potential to shift urban transportation has generated universally positive press. Forbes, Mashable, the Los Angeles Times, Digital Trends, Wall Street Journal and many others have written about Arcimoto and the SRK, boosting consumer confidence in our product vision.

   

What’s next for Arcimoto? We’re ready to put the finishing touches on development and start the process of putting SRKs on the road in cities across the United States.

BUSINESS PLAN

To learn more about the future of Arcimoto and how you can be a part of it, request access to the Business Plan tab of this profile and let’s talk!

Mark graduated from UC Berkeley in 1996 with a degree in Electrical Engineering and Computer Science. After 11 years leading the development of advanced technology game development projects and the sale of his first startup, he turned his energy to solving transportation sustainability. Mark has served on the Oregon Transportation Commission and Oregon Innovation Council.

David brings 27 years of vehicle product development experience to the venture, including the design of the world’s first Neighborhood Electric Vehicle (GEM), vehicle power electronics development as the co-founder of Synkromotive, and most recently developing an electric microbus for developing nations from napkin sketch to full prototype in 6 months at Pangaea Motors.

Prior to joining Arcimoto, Douglas was the Founder of Strategic Financial Consulting from February 2013 to June 2015, providing financial consulting services for startup and existing businesses. From September 2012 to September 2013, he was Chief Financial Officer of ManaFuel, bringing energy independence to Pacific Island Nations. From May 2007 to February 2011, he was Chief Financial Officer of GarageGames.com, Inc., and CFO of SeQuential Biofuels, a successful bio diesel producer and bio-fuels retailer from 2004 – May 2007. He holds a B.S. degree in business and finance from The University of South Florida and an M.B.A. with a concentration in finance from The University of Tampa.

Terry brings 27 years of manufacturing and engineering experience to lead Arcimoto’s production push. He was formerly the Engineering Manager/Deputy Ops Directory for JBT AeroTech, the VP of Product Design Engineering for Country Coach, and Chief Engineer for Peterson Corp.

Jesse brings 20 years of engineering project management, construction and team building experience to Arcimoto. Prior to joining the venture in 2015, Jesse commissioned large-scale public and private sector building engineering projects throughout Oregon.

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