Arcimoto founder Mark Frohnmayer starts new business called ‘Archetrike’

The founder of the Eugene-based electric vehicle company Arcimoto appears to have started a new business called “Archetrike.”

Arcimoto is best known for its quirky, three-wheeled vehicles called “FUVs.” At its peak, it was valued at more than $1.2 billion.

But the company stopped making new vehicles over three years ago, and its stock is now nearly valueless, according to MarketWatch. Eugene Weekly reported earlier this year that the company was facing eviction from its landlord…

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