Why this $20k EV will Disrupt City Transport: Arcimoto CEO Interview 

Great editing and use of B-roll to make an interview visually interesting and much more informative!

I have been a shareholder of FUV since their first appearance on "Now you Know " about a year ago. I blew all my spare cash £25,000 GBP on TE$LA @ $50.70 last Oct just a couple of weeks before I saw that piece, So as a pensioner I can only afford $200 a month on Fuv shares ever since. I know there is a huge market for their 3 wheeler and they will make me as much money with FUV as I have made with TE$LA. I just hope they come to an agreement with TE$LA for this brand new battery tech to be anounced on the 22nd. Eddie in Scotland. Not selling a single share of either one, till I retire in about 7 years.

Great episode- I absolutely love Arcimoto and am invested- I could not agree more with your views on the insanity of 'the bigger, the better' approach.

As a Belgian Arcimoto investor, would love to see this vehicle on sale in Europe, could be a gamechanger over here !

I just ordered my FUV after being on the wait list for a couple of years. I currently drive a Nissan Leaf I’ve had since 2013 (I leased it for 3 years and then purchased it). I have been impressed with the reduced maintenance costs of the electric cars as well as the convenience of charging at home. I love motorcycles but live in The PNW where the weather is cool and rainy most of the time. I ordered the doors on the FUV. The Leaf is perfect, but the FUV looks like so much fun. It’s a fun vehicle- not just a commuter. I also live in a “Golf cart” community and can use that to go to town as well. Love the concept!

I've been following them for a few years now. And hearing basically the same forecast from Mark: we need to scale, we need to scale, but it just doesn't seem urgent! Good luck

$20k is wayyyyyyyy too expensive as an additional vehicle. a $2k e-bike will most likely be the go-to choice for people until they can reduce the price of this thing.

My patents just took delivery of their very own Arcimoto FUV. It realy is a Fun Utility Vehicle.

The price of the FUV will go down when they start the volume production. It will take at least a year. I suspect it will be around $10,000 or less.

I know Arcimoto is all about 3 wheeled transport, but.. I'd really love to see them come at Polaris, because there is NOTHING electric in the side by side market curently, which IS A HUGE market.

Its like an electric Tuktuk with the tire symmetry reversed. But for 20k.

Awesome episode Ricky! I'm also in SD and feel like I've bumped into you somewhere. Anyway, this vehicle is interesting huh?

$20k is too expensive for most people to afford it in addition to their 'big' car. Also, in 'the big city' where this vehicle makes the most sense? My experience is that the majority of people don't have a parking spot with electricity available. Nor the parking space for more than one vehicle. This is a vehicle only applicable to affluent suburban (but not overly remote) residents. IMO that's too small a target group to disrupt much of anything.

Excellent interview, Riicky. Thank you.

These will work in Bermuda or Martha's Vinyard/ Nantucket/ Block Island.

13 years and they are still talking about the future

as they say "patıence is a virtue"

I will be taking delivery of my FUV within this month. I just cannot wait to start my commute with this ride. It is a twenty mile one way route with city and freeway driving. Being less dependent on oil and gas should be awesome. The ability to use the HOV lane alone and escape paying for commercial parking lots makes me feel illicitly salacious. Plugging in at night to charge up should be no worse than charging a scooter or Onewheel. Total cost for me is $24K with doors and lockbox, tax, fees and everything else. Which currently in SoCal, is cheaper than anything else, new or used. Except maybe an ElectraMeccanica Solo. See you at Fully Charged Live.

DeLorean was a great vehicle. Hope Arcimoto doesn't get destroyed by the ICE giants. Same thing for CyberTruck. Hot and cold control on seats or just air-flow for "cabin" very nice.

No fast charging is a deal breaker for me, because we have steep mountain climbs. From here to the Canyon end is a 4,000+ feet climb. Same over to Park City. For example, if I drive Leaf to Park City, I cannot get back without some fast charging. Mountain climbs take a lot of energy, as I've discovered. Flat lands, not as much.

Thanks Ricky, these guys are poised for success.

Love it!

Looks lots of fun, will need the doors for England though, all that horizontal rain !

It would be cool if they could use the platform to create a 'Polaris slingshot' type variant where the two seats are either side of the battery instead of sitting in line on top of the battery.

I notice there are no vids of this vehicle operating in snow, rain, heat, dark. You know, there are a lot of places where the weather is not nice enough for this kind of transportation...

I live where Arcimoto is, and had two job interviews with them. I desperately wanted to work there, but they are not a great company. They kinda jerked me around, and I was later advised to "walk away from them" by someone who really knew the company and management well. They were "about to release" their first production model for over a decade, and yeah, their trike is extremely expensive for what it is. If they'd had to turn a profit earlier (instead of having a rich guy who could keep throwing money at bad ideas), maybe they'd have gotten somewhere, but the world of EVs has changed dramatically since Arcimoto started, and there is a lot more competition.

Lack of air conditioning is a showstopper in Phoenix, Arizona. We've had a record-breaking 52+ days above 110°F in 2020, and I don't think we're done yet.

I would love to have regular updates on Arcimoto production. I own stock currently, not a lot but some, and would like to buy more but my biggest concern is production. The last thing I heard was they are able to produce one a day and are shooting for three a day soon. Their current backlog is likely not going to be caught up for two years. I get that increased production will allow for lower pricing. Kandi USA is going to be selling a four seat EV car for under 10K after rebates. Unfortunately Arcimoto isn't available to get tax credits.

Why did it take me this long to find this video?? Congratulations on a great interview, brother. I absolutely love Arcimoto. I will get one once they are in mass production. This vehicle is absolutely vital for city use that I think each family should have one, not to mention they are so fun to ride and look at as well. It could easily be used for recreational purposes as well. I think Elon Musk is really wrong for not considering buying or teaming up with Arcimoto. He said it’s unsafe. Come on Elon!!

I'm from Maine, and last year I wrote to ask for a dealership, or point of sale. They were looking for a 15 unit purchase to get started. Not sure if it's the same now

This works for me because my main concern is not range (I don't have far to go every day) but paying for gas and maintenance on a gas car. I don't want to pay a dime for gas anymore and hate all the maintenance costs of gas vehicles. I think the fuv will appeal to people desperate to escape the running expense of a gas car who aren't concerned about too much range. But if you want to go 100 miles in an fuv just take the back roads and go slower!

Two Bit da Vinci - my only Gripes with Arcimoto is its Standard Vehicle only seats two (should have 4x4 seating ) for Rideshare Operations and it needs to have a Bigger Trunk , sometimes I have 4 bags of Groceries . its also needs a Longer Range, a Bigger battery (Whole Floor) and DC FAST charging . otherwise , the Aricomoto is a Quite a good vehicle.

"Why this $20k EV will Disrupt City Transport" It will not...not at this price.

awesome video awesome product ARCIMOTO

I've been reading some of the reservations and criticisms about the FUV and have to say a lot of them miss the point entirely...especially weak are the ones that claim "Tesla's going to do this" and "Tesla's going to do that" in some years time so why bother. Completely ignoring that Arcimoto could improve their vehicle platform in "some years time" too. And the "you can just get a car" criticisms also miss the point. We are using and insuring too much vehicle for trips that are predominantly one or two people at best.

Really like the concept. Bought some shares for my long term portfolio. :)

How about fast charging? Does FUV offer fast charging? I drive a Leaf, usable range 60-70. Fast charging is imperative on a weekend. I would consider a Fiat e500, but they do not fast charge. I can't wait that long at times.

Great video

While 20k seems to be too much for this vehicle and I live in Canada so that would be more like 25k they should offer a rent to own platform. Or a lease with option to buy.

They are currently advertised on Alibaba for $3,500 - $6,500 plus freight

nice one gent's

Is there a way to seal off all the areas so rain can’t get into the cabin? I feel like I’d buy one but only if that feature was added

So, this is pretty cool, but my feeling is they are calling this a motorcycle to avoid crash requirements. Not sure how I feel about that as it's a complicated issue. As other's have mentioned, the price is much, much too high- I can buy an entry level sedan for less. Also, 75mph seems much too fast. Still, this is an emerging market and the standard 110V charging is super appealing for the average person. Really good conversation here

You should do a specific series on India, Ricky- Population growth/ deaths from particulate pollution/ the problems with two- stroke engines/ fuel (wood burning)/ energy grid issues/ lighting etc, etc...massive potential for meaningful change and fascinating stuff (pretty challenging to implement, of course, even compared to China)

I have a Worksman tandem side by side with 500lb weight limit that is going to be my second car. Have the motor already and looking for lithium batteries now. Should be able to have enough batteries, I estimate 2k, and to do 20 mph to stay legal in my state without needing to be recharged for days. Good enough for my needs for under 3k total.

fleets of rentable deliverators in India would do awesome(money saving transportation that is safe and reliable)

Super segway! I like the deliverator and fast responder models. Great job.

Time for that behind the handle bars video.

My FUV is a '14 i3 (non Rex). It has similar range with DC fast charging and is an awesome daily commuter. Arcimoto will need to adjust their pricing to compete with used BEVs.

The quickest way to get one on the East Coast would be to buy one in San Diego then drive it cross country. Driving it on the freeways, and having to charge it every half hour with its 32 mile range, the trip would only take a couple of months. 😬

$10K would be a good range, that would put it in the same range as Renault Twizy. Even cheaper would be super cool.

agreed. $20K is too much for secondary/backup vehicle that is open to the weather, hot, cold, wet, road grime. You'd have biker's road stink.

Ayro (Austin, TX) is in this market, right? They have world wide distribution deal with Club Car, too. It's publicly traded.

I don't want to get hit in that 😅. People drive too crazy.

If you have solar power,your fuel would be freeeeee!!!!

I like the concept, but in my area, we need an enclosed unit with A/C.

Hi, Ricky. I just rented one of these babies for the Fully Charged Live weekend coming up (10-11 Sept). See you there!

31:30 lmao nice jab at Nikrap

Arcimoto will big in Asia and India

I paid 20k for my used bmwi3 rex-it is enclosed and has air conditioning. Convince me how this product may be better.

I’m in SF. Let me know when we can do a test ride.

Charge while in tow behind a RV? This would sell well if designed for this as well. Tow backwards with a locked steering position? Heck, even use as a power assist to an RV for passing or short uphill?

>want to fill the space between a car and a bike >priced like a car hmm start putting down costs or it will be a flop

I am long FUV also, did not sell on the runup. This vehicle will have many personal and commercial applications moving forwards. Not a nio or xpeng, different space. The Deliverator will garner huge fleet contracts. I see this replacing all those Amazon vans I see delivering product everywhere! imo

Its like a motorcycle , but more comfortable...but still at the mercy of the weather... need some doors

how do i get one in Australia....you would sell thousands of the Arcimotos here

I really liked this interview. I'd to see this company succeed, and really would like to get behind Arcimoto - but I'm not sold. My view: PROS Novelty Size Convenience CONs Safety Price Psgr v Cargo Range? Seasonal Future proof They claim autonomy is part of the vision, but when that day comes any personal vehicle carrying more than a single person will presumably want to have a more communal environment. Vehicles now are arranged in a utilitarian function, the necessity for this will disappear (and does now when possible, ie. Limousines, Rear screen entertainment) Worth mentioning in an interview with Now You Know they remarked at how easy it was to communicate back and forth which is great for now, but their current psgr setup will become a compromise in the future. Tesla's are bar none the safest vehicles on the road atm, and have signaled and low cost psgr car. Some have dubbed it a model 2 which would be fitting if it's a 2 seater. It will probably fit the same form factor as their current models to participate in tunnel routes created by the boring company. All this without sacrificing safety. Pricing is disproportionate to the functionality of say a Tesla model 3 which means that the price is focused on the fun factor aka a toy. If autonomy gains a foothold this decade how will this be affected? How will this compete with Uber/Lyft/Robotaxi business model, where for a nominal fee you can be ported to and fro in various vehicles, ie. take a bigger back home after a shopping spree, arriving separately leaving in a group. Atm the cost is prohibitive. I don't see this taking off for the personal market, but can fill a niche in the commercial environment. Unfortunately, I think this is on the same path as the original Segway. If this had been massed produced 10+ yrs ago it would have been a real hit. Unless I'm missing something, going forward sadly it's a miss.

Now make a 4 wheel off road capable version and I'll buy one

"Between a bike and a car," I'd like to see something between a trike and an Arcimoto.

Um, I think I'll get a $1k electric bike with trailer that doesn't require a licence and insurance payments, instead of paying 20k + insurance to get wet. "Disrupt" lol

What i am missing in this interview and that is really noticeable in the comments is that the arcimoto now costs 20.000 usd but that they are aiming to scale up production and drive down the costs to deliver the arcimoto for less then 10.000 usd due to shorter production time and cheaper production thanks to larger scale production.

I would def get this as a second vehicle just to drive around locally and to the mall , I just wonder how good it is going uphill on the streets because where I live there's a few long 20 to 25 degree street hills to get to the mall ...I'm just wonderin if it loses speed goin up a angled street because every vid I seen it's all on flat roads

What will it take to get them to India? And similar heavy populated areas...

I hope this comes to Europe

Of course small vehicles like this have existed in other countries for a very long time. The real question is whether you have addressed the reasons they never really took off in the US previously.

The only thing is why they have left the cabin open. In some instances that could be good, but not if you're using it in Canada in winter.

Why city transport? Mine is in a 50,000 population town. It replaced a solar assist car-bike which I still have for exercise. I have not left town in 7 years except to visit parks 10 miles away, my local trips are 5 miles average. I now have the safety of a small car with a much more fun design that is a bit larger and faster than I will ever need. After owning 5 motorcycles and scooters this is like a tank.

That guy at 8:15 doesn't NEED an Arcimoto!

Renault Twizzy? Disrupt. Just as Renault did ... Sure.

How is this any different to a Renault Twizy which is considerably cheaper and has 4 wheels and has been around since 2013

Accredited for New Zealand ? Where can I test drive one?Waiting list? Cost landed here in N.Z $? At a guess 30-35K....

This won't disrupt city transport and you know it

When can we drive an FUV in Utah please?

I think $20,000 is a lot of money for what you get. I also feel the same about the larger motorcycles too. I think the electric part is great but the distance is still not very good for me. To me this vehicle fits a niche but I doubt one I would be interested in especially for the price tag.

I don’t see license plates. What are the regulatory requirements?

Does it actually quality for any EV rebates? I reserved one in June from my Tesla in car screen and I'm also a $FUV investor. Want to consider a rental fleet.

When it is raining or 103 degrees outside-how will this vehicle fit in?

Is it available in Thailand ?

its a messerschmitt with an electric engine. there is a good reason the messerschmitt went off line in the 1970s. it was expensive and you would almost always die in anything but the smallest of car accident. seems like the same problems will be the same with this thing.

Safety was not discussed.

I would buy on to deliver food.

Why, why, why is it 20k? Great concept but make it 8k.

Don’t forget about Honolulu! 🤓

I thought about the issues. I perpetually drive alone and generally within the city too. we definitely should drive something that should save energy and space. However, I don't really like the look of the car and I don't think I will pay 20k for it.

Too expensive. May be $8K could work

Availability?

more rain worthy please

The pandemic offers an opportunity to rethink and this Arcimoto idea sounds like a perfect solution. Down with ICE vehicles 👍

this is great product just needs doors for northern latitude climates not just a good weather use... the price ? $20K can this price be more affordable when in higher production?

Smaller, no room, no protection (weather), no power- I wouldn’t ever pay 5k for this.