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I just go by what the company tells me. Maybe what they put in print is not correct. For example, back when they were going for their IPO, they stated this: The reality is, they raised $19.5M. In excess of what they were planning. They ended up with an extra $9.5M thus only needed another...

Companies are realizing the potential of EV's. When it comes to power, they learned that Tesla set the standard. Hot Rod EV's is what sells and I can see where Chevy (like others) will jump on this.

I can see that. When you go public, then everything is public. Thus you need to have people criticize as to what's going on. Vanderhall is private and could release their numbers but they don;t need to. If they loose $100K on each model sold, that's their own problem. Thy never asked for public...

2 year old video put out by Arcimoto. I doubt they would show an unhappy owners. As we all know, there were about 200 of them at the time. Show me a Ford F150 ad from Ford where they show owner regrets.

I suspect that Nobe knows the market. Arcimoto is expecting to sell 50K by 2025 and I do not see that happening. Yet people still continue to look at the cheap numbers thinking that three wheelers will take off. If Nobe sells at $40 K and they can make a profit at it at, they are doing fine...

I look at SOLO to be the benchmark for the three wheeler market. With what it has, it checks the boxes for most three wheeler owners. There will never be a three wheeler that will check all f the boxes but at least SOLO tried to check most of them. I see the three wheeler crowd are very specific...

I agree. If a company has the demand for a product and they can make it for a profit, then there is no need for loans like this. If you look at the early days of Elio, they made horrible financial decisions in the early days, which is what really killed the company. When you lease a plant, then...

Remember, this is a loan that will need to be paid off in 12 months. So, the $6M uses the properties of Arcimoto as collateral. Then there is a $600K fee (up front) for this loan which is at 20%. Looking at the official Arcimoto docs, that means This $6M loan will have $1.3M in interest if paid...

Here's who is borrowing them the money. Look at what they do and their previous work. https://en.wikipedia.org/wiki/Hilco_Global

Arcimoto gets a $6M loan. Here are the terms.

Arcimoto announces that they are back in production. New less effort steering, cup holders, cargo box and colored vinyl. What they didn't say is the base FUV increased in price by 11.1% (from $17,900 to $19,900). There is a 90 day lead time for the 13 states that you can buy one in. Plus, no...

Existing car company means, they are looking at China to make it. Shopping around to find a contractor. Thus, it makes sense they are looking for $30M because they need to put money down to get the ball rolling.

I was just looking for real experiences, not youtube ones. I should have been more clear.

Not street legal but just look at this: https://www.polaris.com/en-us/off-road/ranger/ Then look at the door options (these doors are removable). You have either manual or electric windows. https://www.polaris.com/en-us/shop/off-road/accessories/doors/ranger-doors/ It's not that hard for full...

I think they will offer full enclosure as the Nimbus is coming out within 7 months. They will have to look at the competition.

New thread started.

I am curious as this is a three wheeler forum. Thus, what have you driven in the real world. For me: Polaris Slingshot Vanderhall Can-AM

I have test driven one and rented one of them on two occasions (for a nice drive along the road that goes by the Delaware River). Just like I did with a Slingshot and even a CanAm. If I need a helmet then I need to inform the highway patrol here in PA because they have never pulled me over for...

A discussion with the CEO of Arcimoto (this came across my newsfeed): https://www.caranddriver.com/features/a42387151/ev-startup-arcimoto-wants-us-all-driving-three-wheelers/ So it sounds like the certified cage design wan never designed for full doors. At this point, looks like he dodged the...

It was to show that losing money on a $14K kit, lets everyone show that a $9,800 Nimbus is probably not realistic either.