Arcimoto, Inc. is engaged in the design, development, manufacturing, and sales of electric vehicles. The Company’s vehicle products are based on the Arcimoto Platform, which includes the basic lower framed structure and certain key components of its vehicles. The Company operates through three segments: fun utility vehicles (FUV), rental and TMW. The FUV segment consists of the sale of its electric vehicle product lines. The rental segment is engaged in short-term rental of its electric vehicles via various channels or networks. The TMW segment engages in the design, production, sales, and installation of a bolt on kit that converts a two-wheeled motorcycle into a tilting three-wheeled motorcycles. The Company has two vehicle products built on this platform that target specific niches in the vehicle market: its flagship product, the FUV, for everyday consumer trips, and the Deliverator for last-mile delivery and general fleet utility.