Another Pete Danko article in BizJournals.com gave quite a bit of detail on how Arcimoto is being run.
We already knew they are down to 122 employees. In the first quarter of this year, they had $1.4M in revenue and $5.9M in operating expenses. They want to get to “positive gross margin” by next year and be profitable a few years down the road.
Arcimoto will find funding in the single digit millions which, apparently, is enough to run it to next year due to it’s scaled down manufacturing and research. They used to fund R&D at $3.9M per quarter to $1M per quarter this year (I’m guessing that is per quarter). They are currently making 3 vehicles per day and about 50 a month with one shift per 17 days in each month. They are targeting 7500 per year so would need to get to 7 vehicles per shift, 3 shifts per 30 days each month.
https://www.bizjournals.com/portland/news/2023/05/30/arcimoto-investor-day.html
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