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EUGENE, Ore., June 15, 2022 (GLOBE NEWSWIRE) — Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles for moving people and stuff, has entered into an agreement with FreedomRoad Financial, a loan production office of Evergreen Bank Group, to provide consumers with vehicle financing for Arcimoto’s family of EVs.

“This is a milestone for Arcimoto and our customers, and FreedomRoad Financial’s dealer financing solution will make it easier than ever to own an Arcimoto electric vehicle,” said Lynn Yeager, Arcimoto Chief Experience Officer.

FreedomRoad Financial is one of the largest U.S. national powersports lending companies, providing retail loans to riders on numerous brands. They understand the rider lifestyle and work hard to help their customers optimize the excitement and enjoyment of their motorsports experience. Their team takes great pride in maintaining the highest level of customer service and dealer satisfaction.

“We are proud to add Arcimoto as our newest OEM and to help their customers realize their dreams of owning an FUV, one of the most exciting and innovative new EVs on the market today,” said Tom Collins, Managing Director of FreedomRoad Financial.

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Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors discussed from time to time in documents which we file with the SEC. Any forward-looking statements speak only as of the date on which they are made, and except as may be required under applicable securities laws, we do not undertake any obligation to update any forward-looking statements.

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