I have to admit that the Lean Mean Machine looks better than my original first opinion of disappoint. As a shareholder I am still concerned about the high cash burn and small amount of sales. I really hope Arcomoto makes it longterm.
First time I saw it, it looked a bit ridiculous and corny and I could not see the potential. With the latest design done, it has in my view, turn into a cool product that I myself might buy one day. With a paint job, I assume it will look even more cool.
Yes, they had to sell more shares. In this video FUV looks more like an advanced college project with a parts warehouse and far away from mass production…… If they had a production line, than they would show that too.
In the UK the FUV is a little bit impractical in my opinion but that lean mean machine might be a great connector product. As in a product people can easily purchase and then if the experience is great than they might overlook some hurdles to purchase the larger FUV
Torque vectoring as a backward comp software upgrade for every older FUV is huge!!! Electric+Software synergy is the future, Volkswagen eat your heart out
This video has not been updated to announce the end of the vectored steering project and the changing of the steering gear to one with more teeth, and a longer Pitman arm. The hardware change is easier than trying to get a very critical software change officially approved for highway use. All 2023 FUVs will have the upgraded steering and the $750 trunk option is now included standard in the base price. Arcimoto just revealed their huge new project to outsource warranty service and general repairs to EV service shops across the nation. Just two years ago there were not enough qualified shops.
After renting in San Diego, then later test driving a Deliverator, I have placed an order for an FUV. I can expect delivery by Oct/Nov. Product awareness from RUclips to order Reservation was about three weeks. I am just the kind of person this vehicle was designed for here in SoCal, they will not have a problem generating demand. I like to think I'm doing my part. The people at the rental facility, and the customer experience and sales folks were great. Well done, looking forward to my Bill of Sale and title. I get the idea the next couple of years are critical for Arcimoto, just keep on truckin'. The grind is real, the stakes are real, the goals are worthy.
@Ed Waterfield They quoted ninety days, I heard maybe up to one hundred twenty days depending on options. So doorless, base models should arrive sooner.
The progress being made is fantastic! I am watching this Bollywood movie and they are talking about rickshaws. I can imagine a city full of MLM's. That Roadster in the video is stunning. The black FUV also looks great. Little by little. I went and did a considerable amount of research and realized what a glaring issue the tough steering was. Many early adopters and test drivers, understandably, understated how difficult the steering is. The line that stuck out the most to me was when Sandy asked where "that blue one was" with the torque vectoring. He said he would be ALL IN if they all steered and accelerated like that. There were multiple meanings. The most important is that he was underwhelmed up to that point but didn't really voice it on camera. His excitement over the improvements should make anyone excited. The Tesla innovations are just stunning. I am, however, equally impressed with the constant improvement of Arcimoto. I suspect much of the innovation is escaping many but I just love it. I have some new ideas that will blow the Arcimoto team's socks off. I am thinking of putting it in an email instead of a comment section. Too long. Very impressed with introductions of team members. With Tesla, we know about Elon and few others. Their cars have to be dismantled to become aware of the many improvements. Arcimoto is mastering transparency. I like both approaches. This is great! I loved the Joe Morgan interview. He reminds me of Charlie Munger. Go team!!
Great Attitude! I'm looking forward to ramp of production and wish everybody involved the best! This is an important mission that you all are supporting! Thank you for that!
I own 11,000 shares with an average cost of about $8. I have lost about $60,000 on this stock. I still own it because I love the products. If I were able, I would attend the shareholder meetings in person. I would raise my concerns about finances in person. Make no mistake, I like the products, the vision and I like the people. I would love to have Mark Frohnmayer as my neighbor. He seems to be an absolutely fantastic guy, with a huge vision and equally huge enthusiasm to make his dreams into reality. Don't mistake my disappointment with the lack of transparency on finances as more than it is. I call it like I see it. I think Mark, wonderful and talented human being that he is, may be in over his head at the moment. I hope I am proved wrong, and I truly have high hopes for the company and for everyone working there.
I just don't know what CFO of Arcimoto is doing? The first and most important responsibility of a CFO is to make sure you have enough liquidity and access to credit; well e don't have any of those here In any other company, that CFO was a goner, long long time ago
@@AmanfromSouth128 have great confidence in Doug, as well as with our friends at Ducera Partners on Project Ascent, which we have described broadly in our last two earnings webinars.
Nice...MLM looks really good and torque vectoring will be huge . Still slightly bothered by the shape of the handlebars...reminds me of old-school banana seaters but I'm sure it's for a reason, just doesn't look very 'cyber' or whatev. Love the internal promotions, everyone seems very competent and genuine. Thanks for the update.
Calling the MLM the "Cybertrike" is marketing genius. There's so much buzz in the EV community around Tesla's Cybertruck (1M+ reservations) this will surely get more attention over FUV's way both from ordering to stock purchases.
I just bought more stocks today! Super excited! I have owned Arcimoto stocks in the past. Actually 1st bought when they were $1.25. I think it's an amazing company! And I thank you for your huge contribution to the care of the environment
Literally hundreds of bike bag designs are already on the market. There are saddlebags specifically designed to straddle a narrow rear arm with no struts to keep them off the wheels and spokes. They have built in stiffeners so the bags can carry a load beside and above the rack. There are many front handlebar/stem/ frame mounted bags too. Those can be adapted by users as soon as this design hits the market, with or without custom designs.
I’m getting old (79) but still want to ride M/Cs. FUV let’s me do this, and not worry about dropping something I can’t pick up! I’m looking forward to getting some model of the Lean Mean Machine. I currently ride a SurRon and am in the First Batch for delivery of the Metacycle. Love your products, just want to be able to buy one.
Been a shareholder for a long time. Here are a few points of feedback: 1) I wish your updates would become more professional, the way (for example) Aptera makes them. Your material still has that garage shop vibe which was charming in the beginning, but reflects poorly on the business these days. 2) There's a substantial market in the EU for the Arcimoto (bigger than the US, I'm guessing), so I wonder when that market could be entered. (I would also love to get one for myself) 3) The MLM only makes sense to me if it has serious carrying capacity. It would be great to get a feel for what you guys have in mind in this regard, if it's supposed to become a serious tool for (sub)urban shopping/errands. Maybe something like a micro flatbed trike? All the best to you guys, I hope the ramp to bigger volumes finally gets achieved.
1) Can you be a little more specific? 2) Yes. We have given no specific timelines, but it is in the works. While we are production limited we are going after the very low hanging fruit nearby, but we have global aspirations and will get to you as soon as we reasonably can. 3) It does. Stay tuned, we'll have a lot more to share about storage accessories for the MLM soon.
@@nardopolo101 1.) I´m invested in both Aptera and Arcimoto because I believe you guys are doing the right thing. Aptera´s messages mostly tend to (but not always) come across with more professional speakers, camera, sound, lighting, video postproduction, etc. This makes it feel more like a professionally organized, growing business that competes with bigger companies. Your jogging runs are charming, and they´re probably genuinely "you", but they feel very Indie to use a games industry term. As an investor, of course I´m hoping I invested not into a cool indie, but instead into a company that will compete with bigger businesses. Another example is that you often "arrive" at a company member, and then ask them what´s going on in their area. As the CEO, it´s fair to assume you absolutely do know what´s going on ;), so in a weird way it feels as if you´re acting as if you don´t know what´s happening in your company. Hope this helps, these are just a few specific examples. 3.) Looking forward to it. Initially, I was not a fan of the utility argument for the MLM, but if the MLM can carry croceries for a couple of days, or even some gear or materials from Home Depot, then I´m in and I understand the use case. Without the storage options, my worry was that the utility over my ebike would not be large enough to justify a price that´ll certainly be much higher than my ebike. And for something beyond that, that´s what I would get an Arcimoto for if I could only get one :). I wish you guys continued success, I´d be a customer already if I just could ;).
@@haraldriegler6000 you must be a bit of old geezer with minimal appreciation of creativity, the garage shop is an awesome vibe for a pack of legends, dont tame the beast, professional production quality boring corporate communication will come naturally with more growth, sales and marketing teams
Why isn’t this version of the MLM what is shown on the order page? This one looks so much better, night and day difference. Please update the order page photo.
I already have an Ebike and was looking at an FUV for tooling around town, so I'd like to see more options for that coming than more different vehicles like the bike or the Spyder looking bike. Having an FUV with more battery or with fully enclosed and removable doors would be cool to see. News of expanding market and maybe dealer partnerships would be good to hear as well. I see some power sports shops that first rolled out the Cam Am Spyder and Slingshots around me and was wondering if this was a possibliltiy for Arcimoto to try to reach markets as a test bed for expansion.
If you 'tool around town' more than 100 miles in a day you need a commercial vehicle or you need to take a bus. The era of driving just for the heck of it is over due to the global climate change emergency. Leave that for the far more sustainable MLM. Even green vehicles have their impacts and we will make no progress if we don't alter our behavior. An EV is not a pass for unlimited cheap thrills driving, it is a marginally effective fire extinguisher on the biggest global emergency humans have ever seen during our short existence.
@@popeyegordon "tooling around" means me going 20 or 40 miles a day to run whatever I'm going to do, most likely get lunch. I also have an ebike so I use that if it's nice out. I think trying to discourage people from having fun while they make their daily trips, kinda makes you a Debbie downer, from what I've seen from your other comments around the EV YT vids. If it's not for you, fine, but let me decide how I feel I can contribute in my own way. Thanks.
@@artboymoy I am only reminding people there is an emergency we can barely comprehend or admit. Many still deny it. Remember your comment was that the 100 mile range of the FUV was not enough for you. That is what I responded to. If you have to drive 20 miles to get lunch, might want to rethink that and plan your grocery shopping better. The FUV is for me and I have had one for 9 months. My average round trip is 5 miles. I will never qualify as a 'Debbie Downer' for calling out the over weight, overpowered Tesla status symbols as NOT a green vehicle. When we are casually stealing more than our fair share of resources from future generations without a second thought, fully aware people will speak up. But not enough of us yet. We need a heat and drought season killing over one million people in developed nations to get the attention of some people. We have already passed that number in the poorest nations but nobody seems to care.
Eventually everyone accepts the fact the Mark has a plan which does not include learning from proven successful business models or listening to suggestions. Can Am, Slingshots included. Mark really is a total success by his own measure. It is only FUV which is a failure.
It seems Arcimoto would be a huge boom in my country India if price can be achieved between a ev car and a ev 2 wheeler. As India is gearing up for EVs and most popular are ev 2 wheelers. Arcimoto would be a perfect fit as daily commute distances are relatively small and traffic conditions are not favorable for cars.
Excellent update Mark and team! The MLM looks really nice. Please let us see some of the new equipment when it arrives and the new assembly line layout plan when you can. I think you guys should invest in some AGV's with variable height capability. Allows for controlled line speed and a much more ergonomic work environment for the assembly team.
You asked this twice in one hour. Carbon fiber wheels and all new technology. What do you think? If you have to ask you can't afford it. But note the first year of FUV production was the Signature Series that cost $7K more than the production model.
This video has not been updated. The MLM project was put on hold last year. Arcimoto ended the vectored steering project and instead they are changing out the steering gear to one with more teeth, and a longer Pitman arm. The hardware change is easier than trying to get a very critical software change officially approved for highway use. All 2023 FUVs will have the upgraded steering and the $750 trunk option is now included standard in the base price. Arcimoto just revealed their huge new project to outsource warranty service and general repairs to EV service shops across the nation. Just two years ago there were not enough qualified shops.
I love the trike as long as it has the power to get up steep hills. If it handels close to a two wheel bike it's a winner. A lot of older people that have challenges the trike is going to get them out and about.
You're going to need custom designed trailers... Think double-decker. From this video you can only fit how many FUVs? 4,5,6? Not enough for mass delivery. I mean really, car trailers can fit 10 full size cars or trucks on them. I know you have to be working on that. How much would delivery be per unit to New England in present form? Mundo $$$ I assume. Give me total length, height and width... center to center dims for the wheels(both width and length) of the FUV... maybe I can work a solution.
Rather than that they are selling a universal upgrade kit that converts most motorcycles to dual wheel leaning front ends. That could be a hot seller. So far, it is. A distant goal to add to their designs is a tilting 3 wheel e-motorcycle but that is just drawings for now, as far as I know.
I just learned that the new Podbike made and marketed in the EU also uses a generator with no direct drive link. Only a 3 wheeled version will be legal in the US so that model is part of their plans.
My FUV uses the standard EV charging plug, good for home charging off a 15 or 20 amp breaker. The vehicle's connector also accepts the public charging station standard plug for level two 220 volt charging. The MLM can theoretically be used for months without any grid charging but it would certainly come with some kind of 120 volt e-bike charger for the lithinum battery so you can top off before leaving on a longer trip or on days when you have less than usual physical energy for pedaling. It can accomodate any age or fitness level because of the battery reserve.
What’s the point with the mlm cyber tryke , who is the target customer, when already exist plenty of ebikes . The arcimoto I can see it , the sellers in coastal city , ride sharing and delivery.(not an investor just curious)?
As shown in videos, the ride is exceptional. Many people like to have an exercise bike at home, this one charges while stationary so the effort seems less tedious. The range is exceptional too. Most ebikes requre balancing, this one does not. A trike prevents falls when we lose traction or hit something slippery. There is a huge backlog of demand and orders for 3 wheel fat tire trikes that we can't seem to get filled from Asia. I bought the FUV after using an enclosed solar hybrid e-trike for 7 years and I had 10 years of e-bike riding before that.
There is no direct chain or belt drive. Saying that, it is possible to program in various operation modes. The Class 3 ebike speed limit of 28 mph legally requires pedelec, meaning the motor will only run while you pedal. A 'class 3 mode' of operation that disables the throttle may be a legal requirement. Too soon to know for sure. With a dead battery the speed would at least be very slow but maybe better than walking, and any motor use with a dead battery is more than any other ebike has ever offered. It might be considered a 'get home mode' that portions none of your generated power for charging, just direct to the motors. Might mean only one motor runs in that mode. That ability depends on the actual bench test performance specs that prove Arcimoto's claims that it is going to be the most efficient ebike design ever made. I think they can achieve that for at least some of the specs like regeneration efficiency. One interesting test would be how far you can go after 5 minutes of stationary pedaling, starting with a depleted battery.
What is up with the stock price anyway? I bought at over 6 dollars a share and it has lost over 50 percent since then. I will hold but hopefully the supply chain issues will resolve soon.
@Ed Waterfield pump and dump. Arimotor has done nothing new except get the hype of idiot investors looking for some unicorn to spend their stimulus money. These products by arcimoto are not future tech of human moving, they are recreational vehicles at best and hold no candle to a true commercial automotive manufacturer.
I was hoping to hear more about how you're solving supply chain issues and the progress your specifically making at your new facility rather than just testimonials and experiences. We already know people like the experience of riding it, but that's pointless if you can't make enough of them profitably and efficiently!
Thanks for the feedback. I know Nico plans to interview Terry this week about some of the specific challenges we’ve faced on the production/supply side. Likely will show up in the next couple weeks.
I feel no need to know the particulars of any hold-ups. We know there is a global effect on manufacturing ever since the pandemic started and it affects all industry. It's gonna involve parts and materials shortages in some way.
I'm guessing I'm going to be the only one who thinks this is a solution looking for a problem. Why 3 wheel drive? Where do you imagine it will be used that single driven rear wouldn't be enough? And if you lose the front wheel drive you don't need the complexity of a generator you could go to the simplicity of a chain. Why carbon fibre wheels? Yes they're light, but spokes are even lighter, easier to maintain, and you don't need the solid discs which means side winds will have less effect. And if you did make a rear wheel chain driven leaning trike with spoked wheels you could have hit the market already at a quarter of the R&D cost and a half of the cost to purchasers.
It is weird to want a back slide into older less efficient designs that have already flooded the market. You are entitled to the opinion but the interest is intense. Sounds like you can be happy with the older ebike designs. Many of us hate chains. They are dirty, they stretch or break or come off.
October 20, 2022 email to owners and preorders: "Starting today, we are now accepting vehicle orders from customers in New York, New Jersey, Pennsylvania, Maryland, Virginia, Georgia, and Washington D.C.. If you order today, deliveries are expected to arrive within the next 120 days." That's 13 states now.
October 20, 2022 email to owners and preorders: "Starting today, we are now accepting vehicle orders from customers in New York, New Jersey, Pennsylvania, Maryland, Virginia, Georgia, and Washington D.C.. If you order today, deliveries are expected to arrive within the next 120 days." That's 13 states now.
*New info today about pricing:* "Mark mentioned 3 price tiers, with the first release being in that super-premium $8k territory, the second being $3k-$5k, and the third (mass production) being $2k-$3k* I gave 7K for my Organic Transit ELF car-bike, as shown in my avatar. It is solar/pedal powered and was cutting edge stuff 8 years ago. I drove it for 7 years as my only transportation, I saved enough cash to buy my Arcimoto FUV last December.
Just wished they had concentrated on the Archimoto platform instead of venturing onto another platform like the MLM. Just my thoughts. I won't sell at least I can break even when I bought at over 6 dollars a share.
I’d invest again if I saw evidence of focus on one vehicle (at least initially) and some kind of meaningful manufacturing and delivery ramp. It’s been years of prototypes and tiny delivery numbers. No new product unveil will entice me to invest. Show me meaningful deliveries!
More specifically, we predicted relatively flat and choppy production through the end of this year, and laid out a multi product strategy including variants of platform one, as well as a new micromobility-focused based on technology acquired with Tilting Motor Works. Thrilled to see the pace of execution of the Arcimoto team as we prepare for significant long term scale. The “focus on one product” refrain is understood, but ultimately is based on a misunderstanding of the massive amount of parallel effort needed to make the venture a win. Anyway, thanks for the sideline coaching ;-).
@Ed Waterfield what kind of people fall of ebikes? Also, 3 wheeled leaning trikes are already a thing, there is no new invention or wizardry here, only more hype because this company is bleeding dry and try one last desperate grasp before death.
Not happening. There was never any intention of that. Tilt kits are being sold for motorcycle conversions. The double A-frame suspension is not suitable for tilting and I wound not want one. I prefer my FUV's wide flat tread car tires which grip the road better in all conditions. The 5.5 inch wide flat tread rear tire would also not be suitable for tilting.
Carbon fiber wheels and all new technology. What do you think? If you have to ask you cant afford it. But note the first year of FUV production was the Signature Series that cost $7K more than the production model.
@@thewheelieguy It was announced today there will be 3 tier pricing for the MLM. In a post at the FB owner group today - "Mark mentioned 3 price tiers, with the first release being in that super-premium $8k territory, the second being $3k-$5k, and the third (mass production) being $2k-$3k"
@@popeyegordon perfect if it’s 2 or 3k that could do well!! Anything above that they will be in trouble based on the logistics and demographics.. because it won’t even have protection from the elements like others.. city q out of the Netherlands and Germany a quad one.. so it will be very competitive.. hopefully they will use the Walmart formula for mass production otherwise it will be very tuff for them to survive people don’t have that money only a small select few..
@@truthseekers8528 A little 50 pound ebike costs 3K. There are HALF A BILLION motorcycles and scooters and millions of ebikes around the world that all offer no weather protection. The solar hybrid car-bike I have owned for 8 years has a full body shell. I willingly paid $7K for it and those things sell for 12K today because there absolutely is a market for them. Three new versions in the UK this year. We pay top dollar for Arcimoto products because they are unique cutting edge technology. The MLM design promises that it offers record breaking high performace in efficiency with new electronic technology in motors and regeneration. As an owner of the Arcimoto FUV I think they can achieve that in the MLM but it is not proven yet in real world testing side by side with other ebikes. The only real demonstrated superior performance in the videos is showing how incredibly stable the MLM is as it is driven over curbs onto sidewalks and back onto the road repeatedly with the three wheels and suspension smothing out the ride and giving excellent control. Four wheeled ebikes are not legal on US roads unless they are fully licensed and insured like a car.
Nice ideas and the products look great. This company just has problems delivering on its promises, that's why I cancelled my order a couple years ago. Still follow them and hope they do well, but they just don't seem to 'get' the value of production over hype unfortunately.
The promise would have been fulfilled if you waited long enough. 5000 deposits are now being honored in the order they were received, in the states where this is being marketed now. Hype is a part of promoting a new vehicle design.
Not accurate. You can rewatch last week’s video here- ruclips.net/video/tm-qWZqDJpg/видео.html. Promised a discussion of corporate structure deriving from the Arcimoto Way, which as I said at the beginning of this video we’ll save for a future update.
@@nardopolo101 Okay, you promised corporate structure discussion -- and did not deliver. As I said, a promise made, a promise broken. You've trained us not to believe you. And your fear of a substantive discussion of financials really says what we need to know, the company may not survive without chapter 11 BK. All current stockholders get punished for believing in you.
@@ricknplano1401 did someone wake up on the wrong side of the bed? This is well explained in the intro. We also tune our video plans based on feedback from our stakeholders.
@@nardopolo101 Well, there are plenty of us retail investors (just check yahoo finance or stocktwits to see), who are anxious about the financial situation and the lack of info. Just wondering how the company is going to survive, specially at these prices the ATM is not a viable option anymore Really appreciate if you and your financial team could tell us what has been taking place to secure the needed liquidity to keep the company going
@@AmanfromSouth128 appreciate the concern, and as I mentioned last week, when we have something material to share on the financial front, we will. Very confident in the team and process.
I have several comments, first, to the investment: Elon Musk has said Tesla was within a month or two running out of cash. I am neutral on whether this is a good investment. One should probably not invest unless planning on staying in for 10 years. At that point you can either crow to your friends on all the money you made or complain about the loss. Second, the MLM could turn out to be the most profitable part of the company. Think of Specialized Bicycles, they now have models in the $13,000 plus category. The MLM might generate a wide level of interest with young families feeling a greater sense of safety therefore using the vehicle more often, as well older, more experienced riders. Please note I didn't refer to it as a tricycle (dorky). If you watch the Tour de France you will note escort motorcycles with dual front wheels - for a reason - safety. I have biked 100 mile centuries, I have had accidents, one in which broke an elbow into chunks. I am hoping the MLM is my next new bike.
He was not fired and the charges will be dropped if he follows the probation. He was not driving, he just made the mistake of leaving the key in while he was sitting on a park bench. Mark still has a very important position in the company.
There has been for years now recumbent trikes, both leaning and non leaning, easy to electrify as well and do 30+mph. These are toys, not a transportation revolution, period
The tilting mechanism on the Niken is lifted, resulting in a higher center of gravity and a lesser ride. Also, it’s a motorcycle. To see how to do tilting motorcycles best, check out our Tilting Motor Works product link at tiltingmotorworks.com
Unfortunately, I think these videos are doing more harm than good. I'm a long-term investor and I wish Mark and the team all the best but I don't believe they have the right C-suite, nice people but not top players with extensive market experience. They are still giving excuses about supply chain delays while other companies are producing thousands of vehicles a day!
Not the way I see it from my vantage point -- we have both seasoned execs who have weathered many storms, as well as proven execs from the outside we've recently brought on board. Will refer you back to our stakeholder updates from early 2021 where we predicted relatively flat and choppy output until the end of '22; we're now aiming to outperform those predictions. And thank you for your long-term support! You are welcome to visit when it's convenient to take a close look.
@@nardopolo101 Thank you for taking the time to reply to investors especially when the company stock is suffering. May I refer you back to this video from August 2020 with Sandy Munro where you shared "plans to scale production to 50,000 vehicles per year within the next 24 months." ruclips.net/video/oC2Y6aA67Rk/видео.html Now 23 months later you are producing less than 1000 units! so excuse us if we don't have big confidence in your team planning skills or ability to execute. I'm still hopeful but I believe there should be drastic changes in management adding top senior people with extensive experience in automotive mass production. Do you have a new estimation for the 50k units per year target?
Are you really going and growing green by all that involved and intricate upgrading of a trike? Batteries? Recharging? Computer components? What more? No Solar possibilities? The idea of recycling materials is a necessary solution to survival but how efficient and effective in reducing the carbon footprint is what you are doing? Whether you are a Trike in disguise or a car or an E-vehicle, you still need and use Electricity, one way or another.? Are you going to be adopting the same rental Model thaI of a E-Cargo pedalac in Berlin that restricts ownership, hobbling the customer by the use of unfair business practise to ensure Monoply and restrictive ownership. Another example of, " You will own nothing and be (un)happy."?
Forget all the EU's Draconian laws. This will be designed to conform to US ebike laws first. Arcimoto is promising record breaking efficiency levels for regen and motor performance as well as the most high tech battery. Trust me when I say I know what solar can do for an ebike after driving the Organic Transit ELF car-bike as my only transportation for 7 years - it is an enclosed shell with a 100 watt solar panel roof integrated into the body's roof. I also have an electronics degree and solar installation experience. My ELF, as shown in my avatar image, weighs 170 pounds and it is considered a 2 passenger cargo trike velomobile. Its 17 amp hour 48 volt lithium battery can be completely recharged with one full day of sun on the 100 watt roof panel. That is a sizable panel that needs elaborate support to suspend above the bike without a body shell mounting. Solar panels require no physical work to recharge the battery so the MLM with a solar roof added would have double the recharging capability and increased range. Many ebike companies are willing to downgrade their products to conform to EU laws for private ownership and operation. I say pedelec sucks and I would never want one that demands pedaling to move. What if we have a bad knee day? That's when an ebike is at its greatest potential value.
Keep in mind that their production facility for the FUV is fully built out. Thus the only thing lacking is their inability to feed the factory with the parts stream that the factory is designed to consume. Hence the low production rate. The "cyber trike" is Arcimoto innovating their way out of this mess. Since Arcimoto has no control over the supply chain, their answer is to come up with a new product that has a much reduced part count. Their answer is NOT to sit on their hands and wait for the supply chain issues to resolve themselves.
@@PastorofFiance As a e-bike it seems great to me and I ordered as soon as I saw that first video on it. It may be cybertruck-like that you love it or hate it? I know they said they had far more preorders than they expected?! As an investor, I am glad they are going this way. My only concern has been spreading they time to many way while ramping.
The 🥰V4 MLM 🥰and 🥰Arcimoto🥰 the rang would do Australia. Start with North Coast NSW and Gold Coast Queensland. The Team and I are submitting a DA to a Lismore council on North Coast NSW end of August 2022. The Team and I Fully Charged LIVE-Sydney 11th to 12th March 2023. I will be there in Sydney. We promoted the project on the film on stand team taking a project and future projects. At the end of August 2022, they will be posted the video on RUclips. We will be onsite in July 2023. Some of the Team include: Sipform™, Tractile, Direct Building Solution, Xlam, NB Consulting Engineers, Tesla EV - PV - Powerwall and 🥰Arcimoto🥰. We will employ over 234 consultants and local trades. So, if you live on North Coast NSW, we like to hear by the end of the year. 💚Sustainable - Urban - Community - Homes💚
I just saw this posted at the Arcimoto discussion group at Yahoo Finance by a long-time investor who uses the screen name "The Blue Fisherman." He posted --- as someone that has been an equities investor for a long time ( a certain peanut farmer was President when I bought my first stock) I have to say I've seen this scenario play out far too many times. An energetic personality with a good idea but no management experience that refuses to turn operations over to a competent CEO. In the beginning the concept excites the market and the stock rises, then comes profit taking and the inevitable questions about finances and operations. These are stonewalled and followed by a barrage of optimistic PRs, (and later on in time glossy but pointless videos) that never play out well. Until this last youtube 'update' I had hoped for some actual transparency and advisement concerning the financial dangers the company is in and how the they planned on dealing with that going forward. Unfortunately there was none, just more dodging and demurring. Similarly with operations and production. After promising more information Mark failed to deliver. Without some dramatic change in direction I fear the company is in the inevitable downward spiral. I could be wrong. I actually hope I am. But at this point I cannot see a path forward other than some sort of court involved takeover that will not benefit current shareholders.
I have to admit that the Lean Mean Machine looks better than my original first opinion of disappoint. As a shareholder I am still concerned about the high cash burn and small amount of sales. I really hope Arcomoto makes it longterm.
First time I saw it, it looked a bit ridiculous and corny and I could not see the potential. With the latest design done, it has in my view, turn into a cool product that I myself might buy one day. With a paint job, I assume it will look even more cool.
Yes, they had to sell more shares. In this video FUV looks more like an advanced college project with a parts warehouse and far away from mass production……
If they had a production line, than they would show that too.
On their way to dilution. RIP Arcimoto
What’s going on with company? DUI? Where’s the money going?
In the UK the FUV is a little bit impractical in my opinion but that lean mean machine might be a great connector product. As in a product people can easily purchase and then if the experience is great than they might overlook some hurdles to purchase the larger FUV
Torque vectoring as a backward comp software upgrade for every older FUV is huge!!! Electric+Software synergy is the future, Volkswagen eat your heart out
This video has not been updated to announce the end of the vectored steering project and the changing of the steering gear to one with more teeth, and a longer Pitman arm. The hardware change is easier than trying to get a very critical software change officially approved for highway use. All 2023 FUVs will have the upgraded steering and the $750 trunk option is now included standard in the base price. Arcimoto just revealed their huge new project to outsource warranty service and general repairs to EV service shops across the nation. Just two years ago there were not enough qualified shops.
Great job! Buying more shares Monday.
Rooting for cash burn to slow and deeper cash reserves as a fellow investor.
Aloha from Hawaii. Looking forward to incorporating the MLM in my courier deliveries.
The MLM is now looking really nice!
Yeah, and calling it the "Cybertrike" is frickin genius. The amount of buzz in the EV community over the Cybertruck right now etc.
After renting in San Diego, then later test driving a Deliverator, I have placed an order for an FUV. I can expect delivery by Oct/Nov. Product awareness from RUclips to order Reservation was about three weeks. I am just the kind of person this vehicle was designed for here in SoCal, they will not have a problem generating demand. I like to think I'm doing my part. The people at the rental facility, and the customer experience and sales folks were great. Well done, looking forward to my Bill of Sale and title. I get the idea the next couple of years are critical for Arcimoto, just keep on truckin'. The grind is real, the stakes are real, the goals are worthy.
@Ed Waterfield They quoted ninety days, I heard maybe up to one hundred twenty days depending on options. So doorless, base models should arrive sooner.
That's great to hear, will pass the feedback along to the team!
The progress being made is fantastic! I am watching this Bollywood movie and they are talking about rickshaws. I can imagine a city full of MLM's.
That Roadster in the video is stunning. The black FUV also looks great. Little by little.
I went and did a considerable amount of research and realized what a glaring issue the tough steering was. Many early adopters and test drivers, understandably, understated how difficult the steering is. The line that stuck out the most to me was when Sandy asked where "that blue one was" with the torque vectoring. He said he would be ALL IN if they all steered and accelerated like that. There were multiple meanings. The most important is that he was underwhelmed up to that point but didn't really voice it on camera. His excitement over the improvements should make anyone excited.
The Tesla innovations are just stunning. I am, however, equally impressed with the constant improvement of Arcimoto. I suspect much of the innovation is escaping many but I just love it. I have some new ideas that will blow the Arcimoto team's socks off. I am thinking of putting it in an email instead of a comment section. Too long.
Very impressed with introductions of team members. With Tesla, we know about Elon and few others. Their cars have to be dismantled to become aware of the many improvements. Arcimoto is mastering transparency. I like both approaches. This is great! I loved the Joe Morgan interview. He reminds me of Charlie Munger. Go team!!
Great Attitude! I'm looking forward to ramp of production and wish everybody involved the best! This is an important mission that you all are supporting! Thank you for that!
I own 11,000 shares with an average cost of about $8. I have lost about $60,000 on this stock. I still own it because I love the products. If I were able, I would attend the shareholder meetings in person. I would raise my concerns about finances in person. Make no mistake, I like the products, the vision and I like the people. I would love to have Mark Frohnmayer as my neighbor. He seems to be an absolutely fantastic guy, with a huge vision and equally huge enthusiasm to make his dreams into reality. Don't mistake my disappointment with the lack of transparency on finances as more than it is. I call it like I see it. I think Mark, wonderful and talented human being that he is, may be in over his head at the moment. I hope I am proved wrong, and I truly have high hopes for the company and for everyone working there.
You haven't "lost" $60K unless you sold your shares. *FUV* is obviously a long term play in a currently down market.
I just don't know what CFO of Arcimoto is doing? The first and most important responsibility of a CFO is to make sure you have enough liquidity and access to credit; well e don't have any of those here
In any other company, that CFO was a goner, long long time ago
@@beachcrow this is how I see it.
@@AmanfromSouth128 have great confidence in Doug, as well as with our friends at Ducera Partners on Project Ascent, which we have described broadly in our last two earnings webinars.
@@nardopolo101
I definitely hope that your confidence is well placed.
Great stuff Mark and team Arcimoto!!
Nice...MLM looks really good and torque vectoring will be huge . Still slightly bothered by the shape of the handlebars...reminds me of old-school banana seaters but I'm sure it's for a reason, just doesn't look very 'cyber' or whatev. Love the internal promotions, everyone seems very competent and genuine. Thanks for the update.
Calling the MLM the "Cybertrike" is marketing genius. There's so much buzz in the EV community around Tesla's Cybertruck (1M+ reservations) this will surely get more attention over FUV's way both from ordering to stock purchases.
Last attempt to get the pump before the final dump and dilution
I just bought more stocks today! Super excited! I have owned Arcimoto stocks in the past. Actually 1st bought when they were $1.25. I think it's an amazing company! And I thank you for your huge contribution to the care of the environment
The cyber trike is begging for some sort of front cargo storage accessory
In the works
Literally hundreds of bike bag designs are already on the market. There are saddlebags specifically designed to straddle a narrow rear arm with no struts to keep them off the wheels and spokes. They have built in stiffeners so the bags can carry a load beside and above the rack. There are many front handlebar/stem/ frame mounted bags too. Those can be adapted by users as soon as this design hits the market, with or without custom designs.
I’m getting old (79) but still want to ride M/Cs. FUV let’s me do this, and not worry about dropping something I can’t pick up! I’m looking forward to getting some model of the Lean Mean Machine. I currently ride a SurRon and am in the First Batch for delivery of the Metacycle. Love your products, just want to be able to buy one.
Been a shareholder for a long time. Here are a few points of feedback: 1) I wish your updates would become more professional, the way (for example) Aptera makes them. Your material still has that garage shop vibe which was charming in the beginning, but reflects poorly on the business these days. 2) There's a substantial market in the EU for the Arcimoto (bigger than the US, I'm guessing), so I wonder when that market could be entered. (I would also love to get one for myself) 3) The MLM only makes sense to me if it has serious carrying capacity. It would be great to get a feel for what you guys have in mind in this regard, if it's supposed to become a serious tool for (sub)urban shopping/errands. Maybe something like a micro flatbed trike? All the best to you guys, I hope the ramp to bigger volumes finally gets achieved.
1) Can you be a little more specific? 2) Yes. We have given no specific timelines, but it is in the works. While we are production limited we are going after the very low hanging fruit nearby, but we have global aspirations and will get to you as soon as we reasonably can. 3) It does. Stay tuned, we'll have a lot more to share about storage accessories for the MLM soon.
@@nardopolo101 1.) I´m invested in both Aptera and Arcimoto because I believe you guys are doing the right thing. Aptera´s messages mostly tend to (but not always) come across with more professional speakers, camera, sound, lighting, video postproduction, etc. This makes it feel more like a professionally organized, growing business that competes with bigger companies. Your jogging runs are charming, and they´re probably genuinely "you", but they feel very Indie to use a games industry term. As an investor, of course I´m hoping I invested not into a cool indie, but instead into a company that will compete with bigger businesses. Another example is that you often "arrive" at a company member, and then ask them what´s going on in their area. As the CEO, it´s fair to assume you absolutely do know what´s going on ;), so in a weird way it feels as if you´re acting as if you don´t know what´s happening in your company. Hope this helps, these are just a few specific examples. 3.) Looking forward to it. Initially, I was not a fan of the utility argument for the MLM, but if the MLM can carry croceries for a couple of days, or even some gear or materials from Home Depot, then I´m in and I understand the use case. Without the storage options, my worry was that the utility over my ebike would not be large enough to justify a price that´ll certainly be much higher than my ebike. And for something beyond that, that´s what I would get an Arcimoto for if I could only get one :). I wish you guys continued success, I´d be a customer already if I just could ;).
@@haraldriegler6000 you must be a bit of old geezer with minimal appreciation of creativity, the garage shop is an awesome vibe for a pack of legends, dont tame the beast, professional production quality boring corporate communication will come naturally with more growth, sales and marketing teams
For 2.) they need maß production for expansion. they are far away from that
I am curious will the MLM be waterproofed?I have had friends that bricked their E-bikes when they wash them off with a hose......lol
Amazing progress! That three wheeler looking good.
Why isn’t this version of the MLM what is shown on the order page? This one looks so much better, night and day difference. Please update the order page photo.
There are no final configuration images yet.
There’s at least 1, maybe 2 FUVs in Corvallis that would love to sign up for the Torque Vectoring beta testing!
How heavy will it be and does it fold up any to travel with in an Rv?
Too complex to fold and I wouldn't put that investment on the rear bumper. Weight will be higher than other ebikes due to the 3 wheels.
I already have an Ebike and was looking at an FUV for tooling around town, so I'd like to see more options for that coming than more different vehicles like the bike or the Spyder looking bike. Having an FUV with more battery or with fully enclosed and removable doors would be cool to see. News of expanding market and maybe dealer partnerships would be good to hear as well. I see some power sports shops that first rolled out the Cam Am Spyder and Slingshots around me and was wondering if this was a possibliltiy for Arcimoto to try to reach markets as a test bed for expansion.
If you 'tool around town' more than 100 miles in a day you need a commercial vehicle or you need to take a bus. The era of driving just for the heck of it is over due to the global climate change emergency. Leave that for the far more sustainable MLM. Even green vehicles have their impacts and we will make no progress if we don't alter our behavior. An EV is not a pass for unlimited cheap thrills driving, it is a marginally effective fire extinguisher on the biggest global emergency humans have ever seen during our short existence.
@@popeyegordon "tooling around" means me going 20 or 40 miles a day to run whatever I'm going to do, most likely get lunch. I also have an ebike so I use that if it's nice out. I think trying to discourage people from having fun while they make their daily trips, kinda makes you a Debbie downer, from what I've seen from your other comments around the EV YT vids. If it's not for you, fine, but let me decide how I feel I can contribute in my own way. Thanks.
@@artboymoy I am only reminding people there is an emergency we can barely comprehend or admit. Many still deny it. Remember your comment was that the 100 mile range of the FUV was not enough for you. That is what I responded to. If you have to drive 20 miles to get lunch, might want to rethink that and plan your grocery shopping better. The FUV is for me and I have had one for 9 months. My average round trip is 5 miles. I will never qualify as a 'Debbie Downer' for calling out the over weight, overpowered Tesla status symbols as NOT a green vehicle. When we are casually stealing more than our fair share of resources from future generations without a second thought, fully aware people will speak up. But not enough of us yet. We need a heat and drought season killing over one million people in developed nations to get the attention of some people. We have already passed that number in the poorest nations but nobody seems to care.
@@popeyegordon OMG. You are a such downer. 😜
Eventually everyone accepts the fact the Mark has a plan which does not include learning from proven successful business models or listening to suggestions. Can Am, Slingshots included. Mark really is a total success by his own measure. It is only FUV which is a failure.
Y'all are doing a great job with that mlm! All there's left to ask for is confidence in speed. I'm looking very forward to purchasing this vehicle.
Amazing job guys! Cyber trike looks sick!
@Marc Frohnmayer At 04:20 is that your 👨🏭 production 👨🏭-line? Are those your daily production?
It seems Arcimoto would be a huge boom in my country India if price can be achieved between a ev car and a ev 2 wheeler. As India is gearing up for EVs and most popular are ev 2 wheelers. Arcimoto would be a perfect fit as daily commute distances are relatively small and traffic conditions are not favorable for cars.
Excellent update Mark and team! The MLM looks really nice. Please let us see some of the new equipment when it arrives and the new assembly line layout plan when you can. I think you guys should invest in some AGV's with variable height capability. Allows for controlled line speed and a much more ergonomic work environment for the assembly team.
How much will the cyber trike cost????
You asked this twice in one hour. Carbon fiber wheels and all new technology. What do you think? If you have to ask you can't afford it. But note the first year of FUV production was the Signature Series that cost $7K more than the production model.
We will announce pricing as we approach release.
@@popeyegordon that’s funny tuff guy behind your desk I didn’t know you were the comment police!
@@truthseekers8528 Nothing tough about reminding you that posting it twice will not get double the replies.
Looks like a radically awesome bike 🚴/trike
This video has not been updated. The MLM project was put on hold last year. Arcimoto ended the vectored steering project and instead they are changing out the steering gear to one with more teeth, and a longer Pitman arm. The hardware change is easier than trying to get a very critical software change officially approved for highway use. All 2023 FUVs will have the upgraded steering and the $750 trunk option is now included standard in the base price. Arcimoto just revealed their huge new project to outsource warranty service and general repairs to EV service shops across the nation. Just two years ago there were not enough qualified shops.
I love the trike as long as it has the power to get up steep hills. If it handels close to a two wheel bike it's a winner. A lot of older people that have challenges the trike is going to get them out and about.
where is the banana seat & ape hangers?
You're going to need custom designed trailers... Think double-decker. From this video you can only fit how many FUVs? 4,5,6? Not enough for mass delivery. I mean really, car trailers can fit 10 full size cars or trucks on them. I know you have to be working on that. How much would delivery be per unit to New England in present form? Mundo $$$ I assume. Give me total length, height and width... center to center dims for the wheels(both width and length) of the FUV... maybe I can work a solution.
Overall Length 113″
Overall Width 61″
Max Height 65″
Only 200 to deliver to Seattle DHS .
A dedicated driver and trailer would make sense with in 500 miles
Any chance arci is looking to jump in the electric motorcycle market? Something similar to the $6k metacycle for example?
Rather than that they are selling a universal upgrade kit that converts most motorcycles to dual wheel leaning front ends. That could be a hot seller. So far, it is. A distant goal to add to their designs is a tilting 3 wheel e-motorcycle but that is just drawings for now, as far as I know.
I just learned that the new Podbike made and marketed in the EU also uses a generator with no direct drive link. Only a 3 wheeled version will be legal in the US so that model is part of their plans.
Can the FUV be charged at public charging stations? It would be awesome if the MLM can too.
My FUV uses the standard EV charging plug, good for home charging off a 15 or 20 amp breaker. The vehicle's connector also accepts the public charging station standard plug for level two 220 volt charging. The MLM can theoretically be used for months without any grid charging but it would certainly come with some kind of 120 volt e-bike charger for the lithinum battery so you can top off before leaving on a longer trip or on days when you have less than usual physical energy for pedaling. It can accomodate any age or fitness level because of the battery reserve.
What’s the point with the mlm cyber tryke , who is the target customer, when already exist plenty of ebikes . The arcimoto I can see it , the sellers in coastal city , ride sharing and delivery.(not an investor just curious)?
As shown in videos, the ride is exceptional. Many people like to have an exercise bike at home, this one charges while stationary so the effort seems less tedious. The range is exceptional too. Most ebikes requre balancing, this one does not. A trike prevents falls when we lose traction or hit something slippery. There is a huge backlog of demand and orders for 3 wheel fat tire trikes that we can't seem to get filled from Asia. I bought the FUV after using an enclosed solar hybrid e-trike for 7 years and I had 10 years of e-bike riding before that.
The MLM Prototype (Cybertrike) is looking better and better. Nice work.
Can the MLM be ridden by pedaling when battery is drained? (not stationary pedaling to charge).
There is no direct chain or belt drive. Saying that, it is possible to program in various operation modes. The Class 3 ebike speed limit of 28 mph legally requires pedelec, meaning the motor will only run while you pedal. A 'class 3 mode' of operation that disables the throttle may be a legal requirement. Too soon to know for sure. With a dead battery the speed would at least be very slow but maybe better than walking, and any motor use with a dead battery is more than any other ebike has ever offered. It might be considered a 'get home mode' that portions none of your generated power for charging, just direct to the motors. Might mean only one motor runs in that mode. That ability depends on the actual bench test performance specs that prove Arcimoto's claims that it is going to be the most efficient ebike design ever made. I think they can achieve that for at least some of the specs like regeneration efficiency. One interesting test would be how far you can go after 5 minutes of stationary pedaling, starting with a depleted battery.
For when the wife makes you give up your motorcycle 'cause "Kids-n-stuff!" Arcimoto's new Big D(ad) platform.
What is up with the stock price anyway? I bought at over 6 dollars a share and it has lost over 50 percent since then. I will hold but hopefully the supply chain issues will resolve soon.
@Ed Waterfield pump and dump. Arimotor has done nothing new except get the hype of idiot investors looking for some unicorn to spend their stimulus money. These products by arcimoto are not future tech of human moving, they are recreational vehicles at best and hold no candle to a true commercial automotive manufacturer.
I was hoping to hear more about how you're solving supply chain issues and the progress your specifically making at your new facility rather than just testimonials and experiences. We already know people like the experience of riding it, but that's pointless if you can't make enough of them profitably and efficiently!
Thanks for the feedback. I know Nico plans to interview Terry this week about some of the specific challenges we’ve faced on the production/supply side. Likely will show up in the next couple weeks.
I feel no need to know the particulars of any hold-ups. We know there is a global effect on manufacturing ever since the pandemic started and it affects all industry. It's gonna involve parts and materials shortages in some way.
I like the name "Cybertruck" lots more than the "Mean Lean Machine". Good that they found a new name for it. :)
The base model will be called Sidewinder, mid level version the Cybertrike, and top end version is the ‘true’ Mean Lean Machine.
@@arcimoto Sidewinder is a good name too. I am not so fond of the "Mean Lean Machine" name, but that's me. :)
@@Pompelipom33 2 out of 3, not bad!
@@arcimoto haha Good one.
Any price guides for the Lean Mean Machines?
Not set yet but a 3 tier price structure is being considered. The first will be the most expensive, to get the new line funded as soon as possible.
If you need a tester in NYC for that trike, please let me know.
When can I test drive an arcimoto in Dallas, Tx?
Check their website and/or Facebook page for news.
I'm guessing I'm going to be the only one who thinks this is a solution looking for a problem.
Why 3 wheel drive? Where do you imagine it will be used that single driven rear wouldn't be enough? And if you lose the front wheel drive you don't need the complexity of a generator you could go to the simplicity of a chain.
Why carbon fibre wheels? Yes they're light, but spokes are even lighter, easier to maintain, and you don't need the solid discs which means side winds will have less effect.
And if you did make a rear wheel chain driven leaning trike with spoked wheels you could have hit the market already at a quarter of the R&D cost and a half of the cost to purchasers.
It is weird to want a back slide into older less efficient designs that have already flooded the market. You are entitled to the opinion but the interest is intense. Sounds like you can be happy with the older ebike designs. Many of us hate chains. They are dirty, they stretch or break or come off.
Can we protect the brake wire please? Making it sabotage proof! - MLM
Rifle proof vital areas perhaps.
@Ed Waterfield A Self Destruct Button 🤔 (jk)
Magnifique, mille fois bravo !
What is the sell price of the MLM going to be?
3 tier pricing starting with the most expensive first. It will sell at any price as long as the promised performance is verified.
Any plan to make it available in Canada?
October 20, 2022 email to owners and preorders: "Starting today, we are now accepting vehicle orders from customers in New York, New Jersey, Pennsylvania, Maryland, Virginia, Georgia, and Washington D.C.. If you order today, deliveries are expected to arrive within the next 120 days." That's 13 states now.
I ll buy more shares tomorrow
Its a great FUV machine ever built. I wish to own one but the price is 4 times higher if sold in Malaysia.
October 20, 2022 email to owners and preorders: "Starting today, we are now accepting vehicle orders from customers in New York, New Jersey, Pennsylvania, Maryland, Virginia, Georgia, and Washington D.C.. If you order today, deliveries are expected to arrive within the next 120 days." That's 13 states now.
🤗👏👏👏👍😎LOVE 💚THE PROGRESS AND KEEP UP THE GOOD WORK 😍😍😍
Looking good 👍
Is that Nico?
I love it 😻
*New info today about pricing:* "Mark mentioned 3 price tiers, with the first release being in that super-premium $8k territory, the second being $3k-$5k, and the third (mass production) being $2k-$3k*
I gave 7K for my Organic Transit ELF car-bike, as shown in my avatar. It is solar/pedal powered and was cutting edge stuff 8 years ago. I drove it for 7 years as my only transportation, I saved enough cash to buy my Arcimoto FUV last December.
We are planning three tiers, but have not given guidance on firm price ranges of the tiers, and which comes first… we shall see :-).
@@arcimoto I was quoting a post in the owner's group today by Patrick Luberus. Word of mouth, so to speak. We won't hold you to it : )
Starting to gain Traction and Momentum! Puns intended. ❤️
Just wished they had concentrated on the Archimoto platform instead of venturing onto another platform like the MLM. Just my thoughts. I won't sell at least I can break even when I bought at over 6 dollars a share.
I’d invest again if I saw evidence of focus on one vehicle (at least initially) and some kind of meaningful manufacturing and delivery ramp. It’s been years of prototypes and tiny delivery numbers. No new product unveil will entice me to invest. Show me meaningful deliveries!
Well said, hope Mark reads your comment!
Come back whenever you like! Company is executing down the path we articulated at the beginning of 2021 and have reiterated regularly since.
More specifically, we predicted relatively flat and choppy production through the end of this year, and laid out a multi product strategy including variants of platform one, as well as a new micromobility-focused based on technology acquired with Tilting Motor Works. Thrilled to see the pace of execution of the Arcimoto team as we prepare for significant long term scale. The “focus on one product” refrain is understood, but ultimately is based on a misunderstanding of the massive amount of parallel effort needed to make the venture a win. Anyway, thanks for the sideline coaching ;-).
Ever hear the fable about all of your eggs in one basket?
Below $3.00, I consider buying Arcimoto as a life opportunity. It will looks like I got executive stock options 🤷♂️
This design officially gets me over the fact that it's a trike.
But I don't want those 3 wheels to be for nothin . . . ☝🏾(Concerning speed and weight capacity.)
I bet meet Kev's dad wants a freakin tricycle now!
@Ed Waterfield what kind of people fall of ebikes? Also, 3 wheeled leaning trikes are already a thing, there is no new invention or wizardry here, only more hype because this company is bleeding dry and try one last desperate grasp before death.
Excited. Can't wait till you guys integrate that ultra-cool tilt-wheel tech into your FUVs. Then you'd have to call 'em UFUVs 😃
Not happening. There was never any intention of that. Tilt kits are being sold for motorcycle conversions. The double A-frame suspension is not suitable for tilting and I wound not want one. I prefer my FUV's wide flat tread car tires which grip the road better in all conditions. The 5.5 inch wide flat tread rear tire would also not be suitable for tilting.
10:26 I see you dancin!
You should add a kid carriage on the MLM
If that is left up to the parents it saves a fortune in safety testing and paperwork. I think some states ban those.
Cmon we can’t get a ballpark figure??
Carbon fiber wheels and all new technology. What do you think? If you have to ask you cant afford it. But note the first year of FUV production was the Signature Series that cost $7K more than the production model.
They've said "premium e-bike" range, so not less than $4,000. And possibly quite a bit more.
@@thewheelieguy It was announced today there will be 3 tier pricing for the MLM. In a post at the FB owner group today - "Mark mentioned 3 price tiers, with the first release being in that super-premium $8k territory, the second being $3k-$5k, and the third (mass production) being $2k-$3k"
@@popeyegordon perfect if it’s 2 or 3k that could do well!! Anything above that they will be in trouble based on the logistics and demographics.. because it won’t even have protection from the elements like others.. city q out of the Netherlands and Germany a quad one.. so it will be very competitive.. hopefully they will use the Walmart formula for mass production otherwise it will be very tuff for them to survive people don’t have that money only a small select few..
@@truthseekers8528 A little 50 pound ebike costs 3K. There are HALF A BILLION motorcycles and scooters and millions of ebikes around the world that all offer no weather protection. The solar hybrid car-bike I have owned for 8 years has a full body shell. I willingly paid $7K for it and those things sell for 12K today because there absolutely is a market for them. Three new versions in the UK this year. We pay top dollar for Arcimoto products because they are unique cutting edge technology. The MLM design promises that it offers record breaking high performace in efficiency with new electronic technology in motors and regeneration. As an owner of the Arcimoto FUV I think they can achieve that in the MLM but it is not proven yet in real world testing side by side with other ebikes. The only real demonstrated superior performance in the videos is showing how incredibly stable the MLM is as it is driven over curbs onto sidewalks and back onto the road repeatedly with the three wheels and suspension smothing out the ride and giving excellent control. Four wheeled ebikes are not legal on US roads unless they are fully licensed and insured like a car.
Christian, if safety is highest up on your mind, then dude, you've passed it man! Stay in your basement, play chess - life is good and god bless
judging from all these comments if taking on investors is this stressful I probably wouldn't 🤷🏾♂️
Nice ideas and the products look great. This company just has problems delivering on its promises, that's why I cancelled my order a couple years ago. Still follow them and hope they do well, but they just don't seem to 'get' the value of production over hype unfortunately.
The promise would have been fulfilled if you waited long enough. 5000 deposits are now being honored in the order they were received, in the states where this is being marketed now. Hype is a part of promoting a new vehicle design.
Mark promised information on company financials. Another promise made, another promise broken.
Not accurate. You can rewatch last week’s video here- ruclips.net/video/tm-qWZqDJpg/видео.html. Promised a discussion of corporate structure deriving from the Arcimoto Way, which as I said at the beginning of this video we’ll save for a future update.
@@nardopolo101 Okay, you promised corporate structure discussion -- and did not deliver. As I said, a promise made, a promise broken. You've trained us not to believe you. And your fear of a substantive discussion of financials really says what we need to know, the company may not survive without chapter 11 BK. All current stockholders get punished for believing in you.
@@ricknplano1401 did someone wake up on the wrong side of the bed? This is well explained in the intro. We also tune our video plans based on feedback from our stakeholders.
@@nardopolo101
Well, there are plenty of us retail investors (just check yahoo finance or stocktwits to see), who are anxious about the financial situation and the lack of info. Just wondering how the company is going to survive, specially at these prices the ATM is not a viable option anymore
Really appreciate if you and your financial team could tell us what has been taking place to secure the needed liquidity to keep the company going
@@AmanfromSouth128 appreciate the concern, and as I mentioned last week, when we have something material to share on the financial front, we will. Very confident in the team and process.
I have several comments, first, to the investment: Elon Musk has said Tesla was within a month or two running out of cash. I am neutral on whether this is a good investment. One should probably not invest unless planning on staying in for 10 years. At that point you can either crow to your friends on all the money you made or complain about the loss. Second, the MLM could turn out to be the most profitable part of the company. Think of Specialized Bicycles, they now have models in the $13,000 plus category. The MLM might generate a wide level of interest with young families feeling a greater sense of safety therefore using the vehicle more often, as well older, more experienced riders. Please note I didn't refer to it as a tricycle (dorky). If you watch the Tour de France you will note escort motorcycles with dual front wheels - for a reason - safety. I have biked 100 mile centuries, I have had accidents, one in which broke an elbow into chunks. I am hoping the MLM is my next new bike.
Ditch the wheel graphics on the Lean Mean Machine
Why did Arcimotos CEO get fired? It says he was arrested for DUI? I thought he didn’t even own a car
He was not fired and the charges will be dropped if he follows the probation. He was not driving, he just made the mistake of leaving the key in while he was sitting on a park bench. Mark still has a very important position in the company.
You want to see a REAL leaning trike? Check out the Yamaha Niken, released years ago and makes this look like a absolute joke.
There has been for years now recumbent trikes, both leaning and non leaning, easy to electrify as well and do 30+mph. These are toys, not a transportation revolution, period
The tilting mechanism on the Niken is lifted, resulting in a higher center of gravity and a lesser ride. Also, it’s a motorcycle. To see how to do tilting motorcycles best, check out our Tilting Motor Works product link at tiltingmotorworks.com
Unfortunately, I think these videos are doing more harm than good. I'm a long-term investor and I wish Mark and the team all the best but I don't believe they have the right C-suite, nice people but not top players with extensive market experience. They are still giving excuses about supply chain delays while other companies are producing thousands of vehicles a day!
Not the way I see it from my vantage point -- we have both seasoned execs who have weathered many storms, as well as proven execs from the outside we've recently brought on board. Will refer you back to our stakeholder updates from early 2021 where we predicted relatively flat and choppy output until the end of '22; we're now aiming to outperform those predictions. And thank you for your long-term support! You are welcome to visit when it's convenient to take a close look.
@@nardopolo101 Thank you for taking the time to reply to investors especially when the company stock is suffering.
May I refer you back to this video from August 2020 with Sandy Munro where you shared "plans to scale production to 50,000 vehicles per year within the next 24 months."
ruclips.net/video/oC2Y6aA67Rk/видео.html
Now 23 months later you are producing less than 1000 units! so excuse us if we don't have big confidence in your team planning skills or ability to execute.
I'm still hopeful but I believe there should be drastic changes in management adding top senior people with extensive experience in automotive mass production.
Do you have a new estimation for the 50k units per year target?
@@nardopolo101 your cash tank is almost on 'E'
Are you really going and growing green by all that involved and intricate upgrading of a trike? Batteries? Recharging? Computer components? What more? No Solar possibilities? The idea of recycling materials is a necessary solution to survival but how efficient and effective in reducing the carbon footprint is what you are doing? Whether you are a Trike in disguise or a car or an E-vehicle, you still need and use Electricity, one way or another.? Are you going to be adopting the same rental Model thaI of a E-Cargo pedalac in Berlin that restricts ownership, hobbling the customer by the use of unfair business practise to ensure Monoply and restrictive ownership. Another example of, " You will own nothing and be (un)happy."?
Forget all the EU's Draconian laws. This will be designed to conform to US ebike laws first. Arcimoto is promising record breaking efficiency levels for regen and motor performance as well as the most high tech battery. Trust me when I say I know what solar can do for an ebike after driving the Organic Transit ELF car-bike as my only transportation for 7 years - it is an enclosed shell with a 100 watt solar panel roof integrated into the body's roof. I also have an electronics degree and solar installation experience. My ELF, as shown in my avatar image, weighs 170 pounds and it is considered a 2 passenger cargo trike velomobile. Its 17 amp hour 48 volt lithium battery can be completely recharged with one full day of sun on the 100 watt roof panel. That is a sizable panel that needs elaborate support to suspend above the bike without a body shell mounting. Solar panels require no physical work to recharge the battery so the MLM with a solar roof added would have double the recharging capability and increased range. Many ebike companies are willing to downgrade their products to conform to EU laws for private ownership and operation. I say pedelec sucks and I would never want one that demands pedaling to move. What if we have a bad knee day? That's when an ebike is at its greatest potential value.
Cyber Trike sounds like a big waste of money but that's me
Keep in mind that their production facility for the FUV is fully built out. Thus the only thing lacking is their inability to feed the factory with the parts stream that the factory is designed to consume. Hence the low production rate. The "cyber trike" is Arcimoto innovating their way out of this mess. Since Arcimoto has no control over the supply chain, their answer is to come up with a new product that has a much reduced part count. Their answer is NOT to sit on their hands and wait for the supply chain issues to resolve themselves.
@@gerhardkrohmer7729 they need innovate again sounds like wasting investor money. How many people are going buy these bikes they are ugly lol.
@@gerhardkrohmer7729 oh and I do own stock in this company technically I am an investor.
@@PastorofFiance As a e-bike it seems great to me and I ordered as soon as I saw that first video on it. It may be cybertruck-like that you love it or hate it? I know they said they had far more preorders than they expected?! As an investor, I am glad they are going this way. My only concern has been spreading they time to many way while ramping.
I too am an investor in FUV.
The 🥰V4 MLM 🥰and 🥰Arcimoto🥰 the rang would do Australia. Start with North Coast NSW and Gold Coast Queensland. The Team and I are submitting a DA to a Lismore council on North Coast NSW end of August 2022.
The Team and I Fully Charged LIVE-Sydney 11th to 12th March 2023. I will be there in Sydney. We promoted the project on the film on stand team taking a project and future projects.
At the end of August 2022, they will be posted the video on RUclips.
We will be onsite in July 2023. Some of the Team include:
Sipform™, Tractile, Direct Building Solution, Xlam, NB Consulting Engineers, Tesla EV - PV - Powerwall and 🥰Arcimoto🥰.
We will employ over 234 consultants and local trades. So, if you live on North Coast NSW, we like to hear by the end of the year.
💚Sustainable - Urban - Community - Homes💚
I just saw this posted at the Arcimoto discussion group at Yahoo Finance by a long-time investor who uses the screen name "The Blue Fisherman." He posted --- as someone that has been an equities investor for a long time ( a certain peanut farmer was President when I bought my first stock) I have to say I've seen this scenario play out far too many times. An energetic personality with a good idea but no management experience that refuses to turn operations over to a competent CEO. In the beginning the concept excites the market and the stock rises, then comes profit taking and the inevitable questions about finances and operations. These are stonewalled and followed by a barrage of optimistic PRs, (and later on in time glossy but pointless videos) that never play out well. Until this last youtube 'update' I had hoped for some actual transparency and advisement concerning the financial dangers the company is in and how the they planned on dealing with that going forward. Unfortunately there was none, just more dodging and demurring. Similarly with operations and production. After promising more information Mark failed to deliver. Without some dramatic change in direction I fear the company is in the inevitable downward spiral. I could be wrong. I actually hope I am. But at this point I cannot see a path forward other than some sort of court involved takeover that will not benefit current shareholders.
Wow, a quoted cross post from Yahoo Finance. Guess we should check in on that channel.
@@TanSpaceX I replied to the thread on Yahoo. Thanks for chiming in again Tan.