Arcimoto Joins Pilot Program With Tennessee Clean Fuels, Drive Electric Tennessee To Test Electric Vehicles

by Shivani Kumaresan, Benzinga Staff Writer

July 16, 2021 11:32 AM | 1 min read |

Arcimoto Inc FUV entered a joint pilot program with Tennessee Clean Fuels and Drive Electric Tennessee for testing electric vehicles.
Arcimoto FUV and Deliverator models will be put to the test in key cities across the state to enhance electric transportation in Tennessee.
During the 30-day pilot program beginning on August 16, Arcimoto vehicles will be tested by state and local governments in key cities including Memphis, Nashville, Knoxville, and Chattanooga.
Tennessee Clean Fuels and Drive Electric Tennessee consortium's goal is to increase EV adoption in Tennessee from approximately 13,800 EV in June 2021 to 200,000 vehicles by 2028.
Price action: FUV shares are trading lower by 2.79% at $13.57 on the last check Friday.