Arcimoto and JOCO Announce Manhattan Pilot Program for Last Mile Delivery Drivers

With more than 50 JOCO Hubs and across New York City, Chicago and Boston, JOCO operates a fleet of two thousand e-bikes for delivery gig drivers. During the pilot program, JOCO will market the Arcimoto Deliverator to local businesses and independent delivery drivers as a new sustainable delivery option available for daily and weekly rentals, offering greater range, convenience, safety and payload versus a traditional e-bike. Arcimoto vehicles are currently available in Arizona, California, Florida, Nevada, Oregon, and Washington. Safe Harbor/Forward-Looking Statements:Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. 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.