Faction & GoCar Partner On Driverless Vehicle Rentals - Arcimoto (NASDAQ:FUV)


  • Silicon Valley startup Faction Technology Inc has partnered with GoCar Tours Inc to develop driverless deployment of EV Sport vehicles, based on the FUV platform from Arcimoto Inc FUV.
  • The collaboration facilitates driverless delivery of GoCar Tour vehicles from depots to select pickup counters at partner locations.
  • Customers can then drive them on tours and adventures in cities where GoCar operates.
  • Equipped with Faction’s DriveLink and TeleAssist technologies, the driverless GoCar EVs combine autonomy with remote human teleoperation. 
  • The driverless vehicle platform retains the GoCar EV Sport capabilities with up to 100 miles of city range. Pilot trials are expected to start in 2023.
  • “We have always envisioned our platform as the best, most efficient small form factor vehicle for moving goods and people,” said Jesse Fittipaldi, Interim CEO at Arcimoto.
  • Price Action: FUV shares are trading higher by 1.00% at $1.01 on the last check Monday.


Image and article originally from www.benzinga.com. Read the original article here.