In addition to the expanded commercial development relationship, Arcimoto and Faction have announced an investment agreement that allows the companies to take an equity stake in each other. This milestone in our partnership marks a significant step forward in our goal to revolutionize the urban mobility landscape, and we are excited to see the results of our continued collaboration.” Combining Arcimoto's robust engineering capabilities with Faction's self-driving technology enables us to provide highly customizable, sustainable, and cost-effective transportation solutions to commercial customers. The combination of Faction's self-driving technology with Arcimoto's ultra-efficient and affordable electric vehicles offers a highly scalable solution that can be quickly deployed to meet increasing demand for efficient transportation.Ĭhris Dawson, Arcimoto CEO said, “Our shared mission to deploy ultra-efficient electric vehicles at scale is now further strengthened by incorporating Faction's advanced technology into our platform. Both companies share the belief that right-sizing these vehicles will provide a significant boost in efficiency, reduce carbon emissions, and offer cost savings over existing urban mobility offerings. The collaborative efforts of our engineering teams have resulted in a plan for the mass production of driverless vehicles with minimal configuration changes to the Arcimoto production line.”įaction and Arcimoto have identified fleet customers in the logistics and transportation sectors as their primary target market for their driverless electric vehicle solution. “The Arcimoto vehicle platform has been thoughtfully designed with scalability in mind, making it an ideal platform for the integration of self-driving technology. Partnering with Arcimoto allows us to accelerate the deployment of driverless fleets, far surpassing the capabilities of legacy vehicle designs,” stated Ain McKendrick, CEO of Faction.
“Developing a scalable driverless vehicle system requires a fundamental reimagining of the engineering design, starting from the chassis up.
By integrating their respective technologies, Arcimoto and Faction aim to offer a highly efficient, eco-friendly, and economical solution for urban mobility, while also reducing carbon emissions. Faction’s technology can be applied to any variant of the Arcimoto vehicle, providing a customizable and versatile solution for fleet customers in the logistics and transportation sectors.
This driverless vehicle system is designed to maintain the core strengths of the Arcimoto platform, including a top speed of 75 mph and a range of just over 100 miles. The combination of Faction's DriveLink® and TeleAssist® technologies allows Arcimoto platform vehicles to integrate driverless capabilities with the ability for remote human teleoperation.
(NASDAQ: FUV), the leading North American manufacturer of ultra-efficient and affordable electric vehicles, announced a strategic and joint investment agreement to scale driverless vehicle fleets. SAN FRANCISCO & EUGENE, Ore.-( BUSINESS WIRE)-Today, Faction Technology, Inc., a self-driving technology provider for low-cost driverless fleets, and Arcimoto, Inc.
0 kommentar(er)
