Arcimoto Inc

Arcimoto is 'catalyzing the shift towards a sustainable transportation system'

Mark D. Frohnmayer, chief executive of Arcimoto Inc (NASDAQ:FUV), spoke to Proactive Investors at the LD Micro Conference in New York.

After 11 years in the computer games industry and a successful exit from his first start-up, GarageGames, Frohnmayer turned his entrepreneurial energy towards sustainable business development in Oregon. His new company Arcimoto brings affordable, sustainable vehicles to the masses and aims to be a major player in the new green transportation space. The company sells three-wheeled electric vehicles and was formerly known as WTP Inc and changed its name to Arcimoto in December 2011. The firm is based in Eugene, Oregon.

Quick facts: Arcimoto Inc

Price: $2.94

Market: NASDAQ
Market Cap: $54.04 m

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