After more than a decade of fits and starts, Arcimoto, the dogged Oregon startup behind the so-called Fun Utility Vehicle, has at long last begun taking retail orders for its open, three-wheeled electric vehicle. But there’s a catch, the Portland Business Journal reports: The Evergreen Edition model will list for $19,900.
That’s a hefty step up from the company’s target of around $12,000 for its EV trike, but it’s reportedly in line with the company’s expectations for initial pricing. Once it starts production, the company plans to turns its focus to increasing scale and whittling out costs, similar to what Tesla has experienced with the Model 3. You can order an Arcimoto with a $5,000 down payment.
It’s been a while since we really caught up with the Eugene, Ore.-based startup, which was set to open a rental and customer experience center in October. After
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