I really hope the new CEO corrects Mark's mistakes. Mark has been pushing full foors for many years and yet when production came, he just decided to act like he never mentioned that at all. Top it off, the $11,900 model seems to be nowhere to be mentioned at all by the company. Only the few from...
Unless you invested into transporter technology, then you'd know what is going on. So, I transported myself to a secret place (as a fly on the wall) where WB, BG, PE and MF all were together. This is what I heard:
PE: Glad to see you here and here's what MF and I propose:
MF: I have developed...
I'm only going by what the boss (Paul) says. When he says that gas will cost $7450 and give up to 84 mpg, then I have to believe for the EV, $14,900 and 3+ days commuting with a release in 12 months, he must be right. The GDP numbers calculated are also correct. I like that I can drive 3+ days...
Russian Trolls have failed. Recent news from Elio Motors:
So, Elio will make the EV version first and then the Gas one (if there's enough demand).
Also, it was announced:
Next year they will be delivering the EV Elio.
Since the OP has been using Elio numbers from the past, we are required...
It's not that hard if you got the money. When the CEO decides after the company hit the lottery (aka IPO), that spending money on buying a useless company and developing a useless e-bike as opposed to ramping up production, then you see why Arcimoto is in the shape they are in. I've been in...
Vanderhall spent the money and hired the correct certification guy, thus not a problem like FUV had. On the other hand, Vanderhall only took 6 years from start to finish (FUV took 2X the time). Sells in all 50 states and Australia (FUV sells in 14 states). They obviously are doing something...
I suggest you look at the Vanderhall website. They only offer one model without a roof. As for the rain protection of the FUV, again, I want to see real world results. For example, a Jeep has detachable doors. I can tell you from owning one that they still get the issue of oncoming traffic and...
I have heard this from some of the biggest fans of the FUV. They refuse to buy one unless there are full doors. As we all know, there are puddles on the other side of the road and thus when someone drives through them while you are going past that same area, the water comes at you at a 90 degree...
Might as well go after that. I suggest they make a press announcement on things like:
"Lots of WAWA's in PA and NJ have electric charging stations"
"PA Turnpikes have charging stations"
From their latest SEC filing:
Go to page 11 on their latest SEC report. It seems companies just pick and choose something for their downfall. Never things like they overestimated the demand for three wheelers in the US and how they came up with a price point on those visionary sales numbers.
They will, because when they touted the $11,900 price back in 2019 and 2020, they were going to achieve that price point in 2022, which was when they were to hit 10K units per year. Just a few months ago, Mark told us it'll be 50K per year in 2025. So that would even be a cheaper price as that's...
It's funny. My wife is doing much better after the stroke. Thus she and her sisters went on a 4 week cruise in Europe. I took time off and did things like redoing the living and dining room. I will find out Monday if what I did was good. Best part is, it's done. So probably not going back. I had...
Also, Arcimoto is looking for a new buyer. "Strategic Restructuring Plan" which is secret code for "we are looking for someone to buy us." I really hope they can sell it to Polaris or Can Am as both of them can make a similar product way cheaper and can sell to all 50 states and Canada, plus...
You bring up a good point. There is a three wheeler that is a startup that went from conception to production in six years. They made them for billionaires. As we all know, only they can afford $30K play toys. What it does show is that it doesn't take 10-12 years for a startup three wheeler to...
What you do is make claims and protect yourself under the guise of "This is only a prediction and might not be the truth". For example, Arcimoto was to make 1000 units in 2022. Here we are past Q3 and they made 278 units. Thus when that doesn't work out, you just make up whatever excuse that is...
Good to see you agree with me. So in three months this is what FUV did:
Production: 102
Sales: 41
Kept for themselves: 4
Rental: 20
Sitting at the plant as finished: 55
So, it seems to me that they should not be sitting on 55 units and stop making them for rental and themselves. If you say...
So, even though they have finished product in the factory (as per FUV) they can't deliver orders for 60-90 days. That's a major bottleneck and needs to be fixed.
As for the rental, if I go to Key West and rent one, love it and want to buy one, FUV will tell me that I'm not allowed to as I live...
From their latest SEC filing:
Sales in Q2 2022 - 41
Production in Q2 2022 - 102
For the life of the product:
Sales - 400
Production 632
Looks like to me by those numbers, they can produce more than they can sell. Instead, they have got into the rental business thus deployed 98 and they have 79...