FUV Investor Alert: Arcimoto Actively Reminds All Investors They Are Invited to Attend FUV and Friends Summer Showcase at Portland International Raceway on July 26

July 1, 2021

Arcimoto will debut the first production Roadster, showcase advanced technology demonstrations, and host test drives on the historic raceway.

The Summer Showcase is open to Arcimoto shareholders, media, analysts, owners, enthusiasts, planet-lovers, and pre-order customers by request.

EUGENE, Ore.–(BUSINESS WIRE)–Arcimoto, Inc.® (NASDAQ: FUV), makers of fun, affordable, and ultra-efficient electric vehicles for everyday drivers and fleets, today reminded investors they are invited to attend the 2021 FUV and Friends Summer Showcase at the Portland International Raceway on July 26. The Summer Showcase will be open to Arcimoto shareholders, media, analysts, owners, and pre-order customers by request. To request a ticket, send an email to summershowcase@arcimoto.com.

“This is a red alert for not only our investors, but for all life on earth: the climate is in trouble, and it’s up to all of us to come together to solve the existential threat of our time,” said Mark Frohnmayer, Arcimoto Founder and CEO. “We welcome you to join us at PIR to experience our EVs on Oregon’s iconic raceway, and to learn more about a shared vision for the future of equitable, ubiquitous, rightsized transportation. We have huge problems to solve, but no one ever said solving them shouldn’t be incredibly fun.”

Arcimoto plans to debut the Roadster, designed to be the ultimate electric on-road fun machine, and the newest EV to be built on the modular Arcimoto Platform. The company will also outline its vision for shared, rightsized electric vehicles, followed by live technology demonstrations. FUVs and Tilting Motor Works trikes will be available to ride on the historic raceway.

For the latest company updates, follow Arcimoto on YouTube, Facebook, Instagram, Twitter, and LinkedIn. A replay of the Company’s latest quarterly earnings webinar can be viewed here. For more information, visit Arcimoto.com.

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. Now available to preorder customers in California, Oregon, Washington, and Florida, the Arcimoto FUV® is purpose-built for everyday driving, transforming ordinary trips into pure-electric joyrides. Available for preorder, 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. Two additional concept prototypes built on the versatile Arcimoto platform are currently in development: the Cameo™, aimed at the film and influencer industry; and the Roadster, designed to be the ultimate on-road fun machine. 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.