REEFDrive will give customers on-demand access to affordable, all-electric FUVs and Deliverators, furthering both companies’ goals to transform parking lots into meaningful destinations that connect communities.
EUGENE, Ore., Oct. 26, 2021 (GLOBE NEWSWIRE) — Arcimoto, Inc.® (NASDAQ:FUV), makers of fun, affordable, and ultra-efficient electric vehicles for everyday drivers and fleets, and REEF, the largest operator of mobility, logistics hubs, and delivery restaurants in North America, today announced the launch of REEFDrive, a zero-emission vehicle-sharing program specializing in the future of urban mobility. Located in the heart of Santa Monica at 1323 5th Street, REEFDrive will allow users to easily rent a zero-emission FUV or Deliverator to run errands, make deliveries, or simply explore the beautiful beaches and surrounding city.
“We are thrilled to join forces with REEF, which leads the country in transforming parking lots into modern destinations, connecting the community with everything from REEF delivery restaurants and retail shops to micro health clinics—and now, Arcimoto vehicles,” said Mark Frohnmayer, CEO and Founder of Arcimoto. “This is a perfect fit, as REEF provides the real estate and infrastructure, and we provide our innovative electric vehicles at an affordable price that makes driving electric as accessible as possible.”
With an ecosystem of more than 5,000 locations and a team of over 18,000 people, REEF transforms open spaces into multi-purpose places that create jobs and bring new goods, services, and experiences to local neighborhoods. REEF’s network of delivery restaurants, in over 30 cities around the world, helps reduce traffic congestion and pollution by bringing food closer to the customer.
“We are excited to work with future-facing electric vehicle manufacturers like Arcimoto on REEF’s vehicle sharing platform REEFDrive,” said Phillipe Saint-Just, Co-Founder at REEF. “REEFDrive is bringing electric mobility to Los Angeles neighborhoods and giving users the option to choose an electric vehicle that best fits their needs while being affordable and environmentally conscious.”
For a limited time, REEFDrive pricing to borrow an FUV starts at $1.00 to begin the ride, and then 49 cents per minute thereafter. For more information, visit REEFDrive.com.
Arcimoto and REEF will be hosting demo drives today at 10 a.m. PDT at 1323 5th Street in Santa Monica.
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