Arcimoto, Inc. · OTC:FUVV
Arcimoto — Investor Presentation (April 2021)
38 slides from Arcimoto's investor presentation, Apr 6, 2021
Slide 1: Forward-looking statements
Except for historical information, all of the statements, expectations, and assumptions contained in this presentation are forward - looking statements. Forward - looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, prediction
Slide 2: 2020 Full Year/Current Recap, Not-So-Secret Master Plan, and the Road Ahead
2020 F ull Y e a r /Cu r r ent Recap, Not - So - Secret Master Plan, and the Road Ahead Ma rch 31, 2021
Slide 3: Agenda
• Recap 2020 and Current Events • A r t icu l a t e Arcimo t o ’ s “No t - S o - S ecret Ma s ter P l a n ” • C h a r t t h e 2021 R oa d Ah e a d/ T o p - L e v el G oa ls • Answer Investor Questions from Say • Analyst and Executive Management Panel Q&A AGENDA This could go long…
Slide 4: Delivered 97 vehicles, a 110% YOY increase
Despite numerous production shutdowns/supply chain woes, delivered 97 vehicles to customers, a 110% YOY increase.
Slide 5: Expanded product family with pilots and prototypes
Expanded product family with pilots of Deliverator and Rapid Responder and prototypes of Cameo and Roadster.
Slide 6: Key pilot programs with Carry It Forward, HyreCar and others
Key pilot programs with Carry It Forward, HyreCar, W a h l b u r g e r s K ey W es t , O r l a n d o , E S F D .
Slide 7: Teamed with DHL and Agero
Teamed with DHL for efficient delivery of vehicles and Agero for roadside assistance nationally
Slide 8: Partnership with Munro and Associates for mass production planning
Key partnership with Munro and Associates for Mass Production planning
Slide 9: Opened Florida for delivery
Opened Florida, first East Coast state, for delivery.
Slide 10: Purchase agreement for new manufacturing facility
Entered into purchase agreement for new facility to >5X manufacturing space targeting capacity of 50k units/yr.
Slide 11: Acquired Tilting Motor Works technology
Acquired Tilting Motor Works technology and product portfolio, to enable Arcimoto’s micromobility strategy
Slide 12: 2020 by the Numbers
2020 BY THE NU M BERS 2019 2020 Im p r o v emen t R e v e n u e $1 . 0M $2 . 2M 120% Cash on Hand $5 . 8M $39 . 5M 581% D e b t ex. PPP/ in su r a n ce/ equipment financing $5 . 0M $0 IN F .
Slide 13: Preserved health and safety amid pandemic
Helped preserve health and safety of team of 170 souls amidst global pandemic by aggressive and continuous diligence
Slide 14: Arcimoto's Not-So-Secret Master Plan
ARCIMOTO’S NOT - SO - SECRET MASTER PLAN
Slide 15: What is Arcimoto?
ARCIMOTO What is Arcimoto? (the word)
Slide 16: Mine the Gap
“Run, run as fast as you can.You can't catch me, I’m the gingerbread man.” – The Gingerbread Man ARCIMOTO’S NOT - SO SECRET MASTER PLAN Mine the Gap
Slide 17: Start with the MVC: mission, values, culture
• Mission: C a t a l y z e t h e S h if t t o a S u s t a in a b le T r a n s p o r t a t ion S ys t em • Values: Continuous Improvement Environmental Efficiency Fun! • Culture: How we relate with each other and our stakeholders S T A R T WITH THE MVC Arcimoto’s Durable Competitive Advantage: We Rid
Slide 18: Disruption Theory 101
“P r i c e i s w hat yo u pa y . V a l ue i s w hat yo u g e t .” - W a r ren B uf f et DIS R U P TION THEO R Y 101
Slide 19: Electric Car Vision vs Arcimoto Platform Vision
E lec t r ic Car V ision Arcimo t o Pl a t f o r m 1 V ision Pl a t f o r m W ei gh t T a r get 4,000 lbs 1,000 lbs Battery Capacity 50 kWh 20 kWh Footprint 100 ft 2 35 ft 2 Af f or d abili t y T a r get at Mass Production P e a k Ef ficiency T a r get Market Need $35,000 (Average cost of new car) 2
Slide 20: Platform 1: Many Shots on Goal, The Everyday Electric
Arcimoto’s pure electric platform, aimed at multiple verticals targets 10X the efficiency and 1/3 the TCO of today’s cars. P L A TF O RM 1: MA N Y SH O TS O N G O AL The Everyday Electric ®
Slide 21: Platform 1: The 80% Niche
P L A TF O RM 1: MA N Y SH O TS O N G O AL The 80% Niche
Slide 22: Platform 1: Endgame
• Most efficient, most convenient, most fun , most a f f or d a b le t r a n sit • Summon a ride from mobile device • Target 3 year time horizon P L A TF O RM 1: E N DGA M E Personal Mobility, Personal Mass Transit “People don’t want to buy a quarter - inch drill, they want a quarter - inch hole.” –
Slide 23: Platform 2: Arcimoto Tilt Division
• U l tr a li g h t EV s core t o Arcimo t o mission • E - b i k e m a r k et ex p e r ien cin g m a ssi v e Y oY g r o w t h • Ac q u ired T il t in g M o t or W o r k s • Multi - product strategy targeting bicycle/scooter/motorcycle+ opportunity P L A TF O RM 2: ARCI M OT O TI L T DIVISION +
Slide 24: Arcimoto Platform 2 Vision
E lec t r ic C a r V ision Arcimoto Platform 1 Vision Arcimoto Platform 2 Vision P l a t f o r m W ei g h t T a r g et 4,000 lbs 1,000 lbs 150 lbs Battery Capacity 50 kWh 20 kWh 3 kWh Foo t p r in t 100 ft 2 35 ft 2 8 ft 2 Af f or d a b ili t y T a r g et a t Mass Production $35,000 (Average cost of
Slide 25: The Root Why: The Graphs Don't Line Up
• We don’t achieve the science mandate to achieve near - term transport carbon reduction only by electrifying old ideas - energy/extraction cost too high and materials scarce • ~80% - 85% of ride share - Uber/Lyft/Taxi - just one occupant, so 5 - 7 - p a ssen g er 4 , 000 l b . R o b o T a xis a r e
Slide 26: 2021 Top-Level Goals
2021 - TOP - LEVEL GOALS Build the Foundation for the Decade
Slide 27: Goal: Articulate full platform product family
GOAL: ARTICULATE FULL PLATFORM 1 PRODUCT FAMILY
Slide 28: Goal: Introduce first platform product
GOAL: INTRODUCE FIRST PLATFORM 2 PRODUCT S T A Y TU N ED!
Slide 29: Goal: Demonstrate shared Arcimoto business models
G O AL: DE MO NSTR A TE SHARE D ARCI M OT O BUSI N ESS M O DELS
Slide 30: Goal: Demonstrate autonomous Arcimoto+
G O AL: DE MO NSTR A TE A U T O N O M OU S ARCI M OT O +
Slide 31: Goal: Open experience rental centers
GOAL: OPEN EXPERIENCE RENTAL CENTERS IN KEY DESTINATIONS
Slide 32: Goal: Open additional states for sales and service
G O AL: O PEN ADDITIONAL S TA TES FO R SALES A N D SE R VICE
Slide 33: Goal: Scale production financing targeting ATVML
Advanced Technology Vehicles Manufacturing Loan Program G O AL: S C ALE P R O DUCTION F I N A N CI N G T ARGETI N G A TV ML P
Slide 34: Goal: Expand campus for scale production
G O AL: EX P A N D C A M P U S FO R S C ALE P R O DUCTION
Slide 35: Expand campus: due diligence and closing
• Phase One DD Complete • Anticipated 4/19/21 closing • Initial production work in 2021 - automated plastics • Munro collaboration progressing, targeting 10/22 SOP • This is “prototype for scale replication” for international expansion G O AL: EX P A N D C A M P U S FO R S C ALE P R O DUCTION
Slide 36: Goal: Produce and deliver 500+ customer vehicles
• Big supply chain stoppages easing, expect more pandemic - related glitches through EOY • Aiming for significant YOY production increase from 2020 • “Smoothly flowing river” • Targeting demonstration of 4 units/day build by EOQ • Additional vehicles planned for pilot and shared/rental fleet deploym
Slide 37: Goal: Refine product offerings through pilot feedback
• C a se S t u d y: E S FD • C a se S t u d y: O r l a n d o • Away Team vaccine eligible starting April 5 • G et “ B u tts in S e a ts” t o d r i v e p reor d e r s, fleet LOIs, and fill scale production pipeline GOAL: REFINE PRODUCT OFFERINGS THROUGH PILOT FEEDBACK
Slide 38: Investor relations contact
http://arcimoto.com/ir mailto:investor@arcimoto.com