Arcimoto and City of Encinitas Launch Joint Municipal Pilot Program to Test Ultra-Efficient Electric Vehicles for Encinitas Lifeguards and City Fleets

Arcimoto FUV, Deliverator, and Rapid Responder will be put to the test by Marine Safety Division and Infrastructure and Sustainability Departments with the aim to reduce emissions and further the city’s sustainability goals outlined in the 2020 Climate Action Plan.

Arcimoto, Inc.® (NASDAQ: FUV), makers of fun, affordable, and ultra-efficient electric vehicles for everyday drivers and fleets, and the City of Encinitas today announced a joint municipal pilot program to test the Fun Utility Vehicle, Deliverator, and Rapid Responder for use by Encinitas Lifeguards and Infrastructure and Sustainability Departments, continuing Mayor Catherine Blakespear’s efforts to reduce carbon pollution and advance sustainable transportation in the City of Encinitas.

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Encinitas Mayor Catherine Blakespear takes her first ride in an Arcimoto FUV as part of a joint pilot program with Arcimoto to test ultra-efficient EVs for daily use by the Encinitas Lifeguards as well as the Infrastructure and Sustainability Departments. Photo by City of Encinitas

“We are thrilled to work with Mayor Blakespear, Captain Larry Giles, and the City of Encinitas, one of the leading cities in not only California but also the country when it comes to taking climate action, increasing sustainability, and advancing clean, alternative forms of transportation,” said Arcimoto Founder and CEO, Mark Frohnmayer. “We hope to demonstrate the practical benefits of affordable, small-footprint electric vehicles for a variety of everyday uses that will save the City time and money while furthering their sustainability goals, which are substantial.”

Over the course of the 60-day pilot program, Arcimoto vehicles will be tested by staff located at City Hall as well as by the Marine Safety Division, which provides lifeguard services for the 3.5 miles of state beaches managed by the City. Tourists and residents alike can look forward to seeing these forward-thinking EVs wrapped in iconic Encinitas and Encinitas Marine Safety images as they transport city staff along the historic 101 corridor throughout the summer months.

“Our goal in Encinitas is to create a transportation system that is cleaner, greener and faster,” said Mayor Blakespear. “I’m excited to begin this pilot program with Arcimoto because it moves Encinitas closer to a modern transportation system that will work better, cost less, and help save the planet. About half of our toxic emissions come from transportation, so getting serious about climate change means tackling our dependence on gas-burning cars and seeking out alternative electric vehicles.”

“I started out as a tower lifeguard in 1988, and since that time, we have always relied upon gas-powered vehicles to serve the thousands of daily visitors to our beaches,” said Encinitas Lifeguard Captain Larry Giles. “I’m excited to put Arcimoto vehicles to the test and take a meaningful first step toward creating a fully-electric fleet for the future.”

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 the latest city updates, follow the City of Encinitas on YouTube, Facebook, Instagram, and Twitter. For more information, visit Arcimoto.com and EncinitasCA.gov.

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.

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