At its peak in February 2021, Arcimoto held a market capitalization of $1.2 billion, which fell to $3,690 as of July 2024[update].

According to Founder Mark Frohnmayer, actor Nathan Fillion drove their vehicle and came out saying it was like driving a shark, which is where the name SRK came from.

[3] In mid-January 2023, Arcimoto, running low on cash, idled its factory and floated the possibility of bankruptcy.

As of April 2024[update], the company has not produced its 2023 Q4 report, has defaulted in several judgements on unpaid bills, [15] and was delisted from NASDAQ.

The platform is divided into the FUV for personal use, the Rapid Responder for emergency services, and the Deliverator for last-mile and local delivery.

Future variations of the platform have been announced, such as the Cameo and flatbed truck variants; public information is still limited.

[20] Upon building out the interior with equipment capable of producing up to 5,000 units per year, they began production on September 19, 2019.

According to an Arcimoto earnings review, the CEO stated plans for subsequent AMPs that are projected to support 50,000 to 100,000 units per year.

The company plans to have local production capacity in Europe, Southeast Asia, and another, undetermined location.

[22] In 2021, Arcimoto purchased a manufacturing facility, unofficially dubbed the RAMP, about a city block away from AMP 1.

This will enable lower costs for Arcimoto, reduced lead time, and decrease the likelihood of logistical delays concerning the physical distance and political climate between the US and China.

The company officially launched production and delivery of the retail Fun Utility Vehicle on September 19, 2019.

Due to its smaller footprint compared to traditional emergency vehicles, the Rapid Responder can arrive at the scene of an incident more quickly and easily.

The Deliverator offers a top speed of 75 mph, 102 city miles of range, carrying capacity of 350 pounds,[35] and 28 claimed cubic feet of storage,[36] enabling deliveries of parcels.

Corbin-Pacific and National Cycle also manufacture the seats, windshield and roof for the FUV, Rapid Responder, and Deliverator.