Arcimoto SEC 10-K Filing

[DiscjockeyDale]

https://www.sec.gov/Archives/edgar/data/...otoinc.htm

[Kepesk]

They do into quite a bit of detail as to why the production was delayed. There seems to be three reasons:

1. They're installing equipment for automation sooner than planned (which we knew).

2. There were delays getting parts from certain suppliers (up to three months late!)

3. There were difficultirs assembling the first two Signature Series, specifically related to the body panels, and they need to work out that glitch. Maybe they have now that they've built one or two more?

Cool stuff.

[AnimalCage]

I liked this juicy little part of the filing the best. Imagine, part of an SEC 10-K filing being interesting to read!!!

Signature Series FUV

The Signature Series FUVs are station-built, low-volume (planned 10 units in total), high-cost vehicles that are intended for very early customers and for our own internal use. As of December 31, 2017, we have built and delivered two Signature Series FUVs to paying customers.

Beta Series FUV

The Beta Series FUVs are line-built, low-volume (planned 15 units in total), high-cost vehicles that are intended for key high-utilization fleet deployments, in order to accelerate in-market awareness and market validation of the FUV. Primary differences between the Signature and Beta Series FUVs include vacuum-formed plastic parts for all body panels, and retail production-intent components for substantial portions of the vehicle architecture, including the motors and motor controllers.

Pilot Series FUV


The Pilot Series FUVs are line-built, low-volume (planned 25 units in total), moderate-cost vehicles that are “retail production intent” (i.e. have frames and chassis manufactured using our automated production equipment), have substantially all parts sourced for higher-scale production, and are externally validated for regulatory compliance.

Retail Series FUV

The Retail Series FUVs are line-built, affordable vehicles intended for Arcimoto’s retail customers. We expect Arcimoto Retail Series production to commence upon compliance validation of the Pilot Series FUV. As of December 31, 2017, we had 2,234 pre-orders for Retail Series FUVs, representing an increase of 1,158, or approximately 108%, from the 1,076 pre-orders as of December 31, 2016. As of March 22, 2018, we had 2,421 pre-orders.