The entire EV sector is taking a hit as investment dries up. The only company I think will make it out is Aptera. Even though they have not shipped a vehicle yet, it's lower price point and transparent business practice will ultimately be a better investment with an uncertain energy, and transportation future.
I'd say Arcimoto seems more interesting in the "move passenger vehicles into some 2-passenger space in between motortrikes and automobiles" than Aptera. Either way it's an interesting space, but that doesn't mean the rest of the EV sector is going to die.