'We call it the world's first fun utility vehicle': Arcimoto ready to ramp up production
EUGENE, Ore. - After a decade of development, electric vehicle maker Arcimoto plans to begin commercial production of the Generation 8 SRK vehicle.
"We call it the world's first fun utility vehicle," company president Mark Frohnmayer says. "It can participate on all the roads, so it will go 80 miles per hour top speed."
The company plans to start production from its shop on Blair Boulevard.
The 3-wheeled hybrid motorcycle-car will retail for $11,900.
"We just see this big shift in the world of transportation coming with vehicle electrification, autonomous vehicles," Frohnmayer said.
But to really ramp up production, Arcimoto needs room to grow.
"When it comes to cranking out hundreds then thousands of units a month, we need a lot more space," Frohnmayer said.
The company is looking for 20,000 to 30,000 square feet of production space.
The goal: to build dozens up to 100 of the new vehicle by the end of 2017.
After that, the goal is to hit production of 10,000 units per year.
The 2-seater SRK goes 0 to 60 in 7.5 seconds. Range varies from 70 to 130 miles, depending on the battery.
And the vehicle could help companies like Uber meet their goal of more drivers using electric vehicles.
"Part of the Uber electric push is really to start looking not just at making ride sharing more convenient but also making it much more efficient," Frohnmayer said of Arcimoto's planned collaboration.