Arcimoto to Report Full Year 2021 Financial Results on March 31

Rhea-AI Summary

Arcimoto, Inc. (NASDAQ: FUV) will announce its financial results for Q4 and full year 2021 on March 31, 2022. A webcast will occur at 2:00 p.m. PDT, featuring a corporate update and a Q&A session for investors. This event will allow stakeholders to engage directly with management and analysts. Following the live session, a recording will be available for 60 days on Arcimoto's investor relations website. The company focuses on ultra-efficient electric vehicles aimed at sustainable transportation solutions.

Positive

• Scheduled release of Q4 and full-year 2021 financial results on March 31.
• Live investor webcast allowing Q&A fosters transparency and engagement.

Negative

• None.

EUGENE, Ore., March 24, 2022 (GLOBE NEWSWIRE) -- Arcimoto, Inc.^® (NASDAQ: FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles for moving people and stuff, will release financial results for the fourth quarter and full year ended December 31, 2021, on March 31. Management will host an investor webcast at 2:00 p.m. PDT (5:00 p.m. EDT) on March 31, which will include a corporate update, Q&A from investors powered by Say, and a panel discussion with analysts.

To submit questions for the webcast, please visit the Say platform. The Say platform can also be accessed by investors via the investing app or brokerage website of their participating broker. The Q&A platform is now open, and will close for questions at 2:00 p.m. PDT on March 30.

To view the webcast or pose a question, use the links below:

Arcimoto, Inc. Full Year 2021 Corporate Update
Date: Thursday, March 31
Time: 2:00 p.m. PDT (5:00 p.m. EDT)
Submit A Question: https://app.saytechnologies.com/arcimoto-2021-q4
Webcast: https://us06web.zoom.us/webinar/register/WN_gC6U0PuRRCmHAz0lrN17Mg

Please login to the webcast 15 minutes early to ensure timely participation.

A playback of the webcast will be available for replay for 60 or more days on the IR section of the Arcimoto website at https://www.arcimoto.com/investor/.

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.

About Arcimoto, Inc.
Arcimoto (NASDAQ: FUV) develops and manufactures ultra-efficient and affordable electric vehicles to help the world shift to a sustainable transportation system. Arcimoto vehicles are currently available for reservation in California, Oregon, Washington, Nevada, Arizona, and Florida, and for preorder worldwide. Our flagship vehicle, the Arcimoto FUV^®, is purpose-built for everyday driving and transforms ordinary trips into pure-electric joyrides. Launched in 2021, the all-new Arcimoto Roadster is designed to be the ultimate open-road fun machine and is the purest expression of the Arcimoto Platform. The Deliverator^® and Rapid Responder™ provide last-mile delivery and emergency response functionality, respectively, at a fraction of the cost and environmental impact of traditional gas-powered vehicles. Expected to launch in 2022, the Flatbed represents Arcimoto’s vision of a pure-electric, rightsized utility pickup truck. The upcoming Cameo™ is designed to create a smooth, silent, sustainable camera vehicle for the film and influencer industries. 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 of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities 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 as to vehicle deliveries, the establishment of our service and delivery network and our expected rate of production. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors discussed from time to time in documents which we file with the SEC. In addition, such statements could be affected by risks and uncertainties related to, among other things: our ability to manage the distribution channels for our products, including our ability to successfully implement our rental strategy, direct to consumer distribution strategy and any additional distribution strategies we may deem appropriate; our ability to design, manufacture and market vehicle models within projected timeframes given that a vehicle consists of several thousand unique items and we can only go as fast as the slowest item; our inexperience to date in manufacturing vehicles at the high volumes that we anticipate; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; the number of reservations and cancellations for our vehicles and our ability to deliver on those reservations; unforeseen or recurring operational problems at our facility, or a catastrophic loss of our manufacturing facility; our dependence on our suppliers; changes in consumer demand for, and acceptance of, our products: changes in the competitive environment, including adoption of technologies and products that compete with our products; the overall strength and stability of general economic conditions and of the automotive industry more specifically; changes in laws or regulations governing our business and operations; costs and risks associated with potential litigation; and other risks described from time to time in periodic and current reports that we file with the SEC. Any forward-looking statements speak only as of the date on which they are made, and except as may be required under applicable securities laws, we do not undertake any obligation to update any forward-looking statements.

Public Relations Contact:
Megan Kathman
(651) 785-3212
pr@arcimoto.com

Investor Relations Contact:
investor@arcimoto.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/897d2605-d2a4-48c1-9699-4340a60d8d71

FAQ

When will Arcimoto release its Q4 and full-year 2021 financial results?

Arcimoto will release its financial results on March 31, 2022.

What time is the investor webcast for Arcimoto's financial results?

The investor webcast is scheduled for 2:00 p.m. PDT on March 31, 2022.

How can investors submit questions for Arcimoto's upcoming webcast?

Investors can submit questions through the Say platform, which is open until March 30, 2022, at 2:00 p.m. PDT.

Will the Arcimoto investor webcast be available for replay?

Yes, a playback of the webcast will be available for 60 days on the Arcimoto investor relations website.