Arcimoto and Faction Unveil Next-Gen D1 Driverless Delivery Vehicle

Arcimoto

The Faction D1 combines autonomy with remote human teleoperation, retaining the Deliverator’s capabilities of a top speed of 75 mph and a range of 102 miles while hauling up to 500 pounds of cargo.

D1 faction

The Faction D1 combines autonomy with remote human teleoperation, retaining the Deliverator's capabilities of a top speed of 75 mph and a range of 102 miles while hauling up to 500 pounds of cargo.

The Faction D1 combines autonomy with remote human teleoperation, retaining the Deliverator’s capabilities of a top speed of 75 mph and a range of 102 miles while hauling up to 500 pounds of cargo.

EUGENE, Ore., Feb. 22, 2022 (GLOBE NEWSWIRE) — Arcimoto, Inc.® (NASDAQ: FUV), makers of ultra-efficient, super-fun, right-sized electric vehicles for moving people and things, today unveiled the Faction D1, a next-generation driverless delivery vehicle based on the platform. -shape Arcimoto at the new Arcimoto RAMP manufacturing facility in Eugene, Oregon. Equipped with Faction’s DriveLink™ and TeleAssist™ technologies, the completely driverless D1 combines autonomy and remote human teleoperation. The driverless vehicle system retains the Deliverator’s capabilities of a 75mph top speed and just over 100 miles of range while hauling up to 500 pounds of cargo.

“Scalable driverless vehicle systems require engineering from the chassis up, and by leveraging the revolutionary Arcimoto platform, we are able to develop our driverless system much faster than using legacy vehicle designs. “said Faction CEO Ain McKendrick. “The end result will be a right-sized, ultra-efficient driverless delivery vehicle that reduces pollution and lowers costs for local and last-mile delivery fleets.”

Faction and Arcimoto share the belief that the right sizing of driverless electric vehicles will significantly increase efficiency, reduce carbon emissions and provide significant cost savings over existing transport solutions, especially during an average urban commute. five miles or less.

Arcimoto Founder and CEO Mark Frohnmayer said, “We were delighted to work with the Faction team to support driverless development on the Arcimoto platform. With a shared mission to deploy ultra-efficient electric vehicles at scale, the commercial launch of the driverless D1 will be a game-changer for last-mile logistics.

The D1 features advanced sensors and safety systems, a configurable cargo bay that can be adapted to specialist payloads in addition to general fleet-demand use. With an expected commercial service cost of less than $2 per mile for driverless deliveries, the D1 will be extremely competitive for a variety of delivery use cases.

Faction plans to begin pilot customer trials in 2022. Interested fleet customers can contact Faction about access to pre-production vehicles and services now, and make reservations for production models due for release. scheduled for 2023.

For the latest company updates, follow Arcimoto on Youtube, Facebook, instagram, Twitter, ICT Tacand LinkedIn. Investor information about the company, including press releases, replays of stakeholder webcasts, and more, is available at http://arcimoto.com/ir.

About Arcimoto, Inc.
Arcimoto (NASDAQ: FUV) develops and manufactures ultra-efficient and affordable electric vehicles to help the world transition to a sustainable transportation system. Arcimoto vehicles are currently available for reservation in California, Oregon, Washington, Nevada, Arizona and Florida, and on pre-order worldwide. Our flagship vehicle, the Arcimoto UVF®, is specially designed for everyday driving and transforms ordinary journeys into pure electric rides. Launched in 2021, the all-new Arcimoto Roadster is designed to be the ultimate open-road fun machine and is the purest expression of the Arcimoto platform. the Liberator® and Quick Responder™ offer last mile delivery and emergency response functionality, respectively, at a fraction of the cost and environmental impact of traditional gas-powered vehicles. Scheduled to launch in 2022, the Flatbed represents Arcimoto’s vision of a pure-electric, right-sized utility van. The upcoming Cameo™ is designed to create a smooth, quiet and durable camera vehicle for the film and influencer industries. Every Arcimoto vehicle is built at the Arcimoto manufacturing facility in Eugene, Oregon. For more information, please visit Arcimoto.com.

About the faction

Faction Technology, Inc. is a Silicon Valley startup that develops driverless solutions based on light electric vehicles. Founded in February 2020, Faction is on a mission to revolutionize micro-logistics and on-demand vehicles. The company believes that the future of sustainable transportation lies in developing safe, cost-effective, and right-sized driverless vehicles to meet a range of use cases for business and passenger transportation needs. For more information, visit www.faction.us

Safe Harbor / Forward-Looking Statements
Except for historical information, all statements, expectations and assumptions 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 other statements regarding our future business 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, but are not limited to, our expectations regarding vehicle deliveries, the establishment of our service network and delivery and our expected production rate. Therefore, actual results could and do differ materially from what is expressed or anticipated in forward-looking statements due to numerous factors discussed from time to time in our filings with the SEC. In addition, these statements could be affected by risks and uncertainties relating to, among other things: our ability to manage the distribution channels for our products, including our ability to successfully implement our leasing strategy, our direct-to-consumer distribution and any additional distribution strategy we may deem appropriate; our ability to design, manufacture and market vehicle models on schedule since a vehicle is made up of many thousands of unique components and we can only keep pace with the slowest component; our inexperience to date in manufacturing the high volume vehicles we anticipate; our ability to maintain quality control of our vehicles and avoid significant vehicle recalls; the number of reservations and cancellations for our vehicles and our ability to meet those reservations; unexpected or recurring operational problems at our facilities, or catastrophic loss of our manufacturing facilities; our dependence on our suppliers; changes in consumer demand for and acceptance of our products; changes in the competitive environment, including the adoption of technologies and products that compete with our products; the overall strength and stability of general economic conditions and the automotive industry in particular; changes in laws or regulations governing our business and operations; the 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. All forward-looking statements speak only as of the date they are made, and except as may be required under applicable securities laws, we undertake no obligation to update any forward-looking statements.

Public relations contact:
Megan Katman
(651) 785-3212
[email protected]

Contact with Investor Relations:
[email protected]

Arcimoto Fleet Sales
Sam Fittipaldi
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/be412244-13ed-41c7-8b6a-304f4126fcfb

About Julie Gray

Check Also

Polskie Grnictwo Naftowe i Gazownictwo SA: First shipment of liquefied natural gas delivered by tanker chartered by PGNiG

The tanker “Maran Gas Apollonia” with a cargo of more than 65,000 tons of liquefied …