$26.7 Million Injection as Arcimoto Resumes Production

Arcimoto’s Deliverator e-cargo bike

Oregon, US A company at the forefront of light electric vehicle production, US operate Arcimoto, has enjoyed a positive breakthrough amid challenges. It has accrued a total of US$18 million (A$26.71 million) in funding during the past two months, and last week began its production for 2023. Arcimoto recorded a nett loss of approximately US$17…