When it comes to the year-to-date metrics, the Electrameccanica Vehicles Corp. (SOLO) recorded performance in the market was 61.32%, having the revenues showcasing -7.25% on a quarterly basis in comparison with the same period year before. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Invalid password or account does not exist. In a high-profile case, she was extradited to California and sentenced to 18 months in a mens prison. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. We want to tap into the U.S.talent pool. ElectraMeccanica is unique in launching a three-wheeled EV that can hit 80 mph with 100 miles of range. MESA, Ariz., January 06, 2023--(BUSINESS WIRE)--ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) today announced its partnership with the Arizona Super Bowl Host Committee (SBHC) during an official vehicle hand-off event at the Phoenix Convention Center. Copyright 2022 Scripps Media, Inc. All rights reserved. Its just inevitable, Rivera said. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). 2023 Electra Meccanica. The architect of the plant is Ware Malcomb, and Willmeng Construction is the general contractor. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. Receive the most recent obituaries every afternoon. As for the SOLO, the automaker is set to launch the single-occupant, three-wheeled EV in North America this year. The Canadian company began manufacturing the Solo in China in 2020 and made deliveries of the small urban electric vehicle last year. Copyright 2023 CleanTechnica. builds on the email briefing we publish FAQ - New Privacy Policy, ElectraMeccanicaCEO Paul Rivera discussed the growth trajectory for the electric vehicle industry during an exclusive interview with Mornings with Maria on Tuesday, saying that his company is riding the macroeconomic tailwinds right now.. Bringing our manufacturing facility and vision for our company to life only works if there is a true partnership between local and state government leaders who are committed to economic development, along with solid business partners who share a vision to create products that consumers crave.. Thats 6.25 miles per kWh, or 160 Wh per mile. Ford & CATL Factory Wont Be Built In Virginia. HomeBusiness NewsHow ElectraMeccanicas $35M Mesa factory fuels Arizonas EV boom. This material may not be published, broadcast, rewritten, or redistributed. The content produced by this site is for entertainment purposes only. Electrameccanica Vehicles Corp. (SOLO): Investors Electrameccanica Vehicles Corp. (NASDAQ:SOLO), Alamos Gold Inc. (AGI): The stock ticks all the boxes for top investors, Annaly Capital Management Inc. (NLY): Ready for an explosive trading day, CN Energy Group. It only goes 100 miles, but it does that on only about 16 kWh of battery. ElectraMeccanica Announces Partnership With Arizona Super Bowl Host Committee Vehicles Presented to Committee at Kick-off Media Event Business Wire MESA, Ariz. -- January 6 . Mercedes & Hydro take aim for sustainable aluminium, Seats factory in El Prat to manufacture EV components in future, Outlook: These electric cars are coming in 2023, 2022 in review: Rediscover the most popular articles in each month. Vehicles Presented to Committee at Kick-off Media Event. The Stock rose vividly during the last session to $1.03 after opening rate of $1.00 while the lowest price it went was recorded $0.95 before closing at $1.05.Recently in News on January 6, 2023, ElectraMeccanica Announces Partnership With Arizona Super Bowl Host Committee. For more information, visit azsuperbowl.com or follow @AZSuperBowl on Twitter, Instagram and Facebook. ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. newsletter is published every Eventually, ElectraMeccanica plans to employ about 500 people at the facility, and it is already hiring for engineering positions. The public can see and touch the vehicle, ask questions and place pre-orders. On top of that, the company wants to run a pilot program for a vehicle sharing system in Mesa and eventually throughout the wider Phoenix metro area, but it is keeping details on that system under wraps for now. While Arizona made the most sense given the circumstances and movements surrounding ElectraMeccanica, it had not confirmed our suspicions. Keep it Clean. Start your drive at one of our display locations. About the Arizona Super Bowl Host Committee. In the last 20 days, the companys Stochastic %K was 89.11% and its Stochastic %D was recorded 92.00%. Receive Laura Elder's Biz Buzz direct to your inbox every Sunday. ElectraMeccanica will also support the SBHC by participating in various events throughout Arizona during the weeks leading up to the Super Bowl, including an interactive display at the Super Bowl Experience presented by Lowe's at Hance Park, 100 Yards of Education: A STEM Playbook for Youth education event at State Farm Stadium with an anticipated attendance of more than one thousand students . Winds NW at 5 to 10 mph. Buzz Pro review: Is it enough to become iconic, again? ElectraMeccanica ultimately chose Arizona because of our abundant workforce, and our location with close proximity to California and Mexico is second to none, Watson explains. Powered and implemented byFactSet Digital Solutions. Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. ElectraMeccanica Vehicles Corp. has selected Mesa, AZ for its U.S. based assembly facility and engineering technical center. Get the newsletter and be the first to hear about events, promotions, and updatesin the world of ElectraMeccanica. We think there will be a massappeal for fleets because think about how manyapplications there are forfleets, especially arounddelivery for pizzas, and fast food franchise [and] small parcel post.. ElectraMeccanica now at home in North America. My thanks to ElectraMeccanica, the Arizona Commerce Authority, the City of Mesa and all involved in bringing this exciting project to Arizona.". ElectraMeccanica is unique in launching a three-wheeled EV that can hit 80 mph with 100 miles of range. ElectraMeccanica has crafted a three-part strategy for rolling out the Solo. No racism, sexism or any sort of -ism Thats something we are committed to help change through the design and sales of our vehicles and through the support of organizations like the SBHC.". The company will also . Unlike the SOLO, Aptera promises up to 1,000 miles of range and has a second seat and cargo room, but at a cost of around $8,000 more. person will not be tolerated. With a top speed of 80 mph and a range of 100 miles, it will retail for $18,500. Our This center will be erected with multiple labs for comprehensive research. Made in Germany! PRICED AT $15,5001 MEET SOLO Mountain Mike . Moreover, we believe its important for business leaders and elected officials, as well as the general public, to understand that the average person drives alone 80% of the time, in a vehicle that seats more than 4 people, which leads to a lot of unoccupied seats, and a lot of wasted energy. Paul Rivera, CEO of ElectraMeccanica, adds that the tipping point was Arizonas accessibility to the companys target market: the West Coast. After getting investor money, building three prototypes, and then getting more investor money, she disappeared for years, hiding in Dale, Texas and assuming another name. MESA, AZ ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. It was once planned to be just the future manufacturer of its single-seat, three-wheel Solo model, but . Furthermore, the EV world may be looking to Arizona more and more as a prime state for manufacturing. Advertise with CleanTechnica to get your company in front of millions of monthly readers. Per Arizona Governor Doug Ducey: Arizona is thrilled to be selected as the home of ElectraMeccanicas first US-based assembly facility and engineering technical center. Receive an email notification each time resident weather expert Stan Blazyk writes a new article. The primary purpose of this job is to interface between our company and the owners of an ElectraMeccanica vehicle. Rivera pointed to some analysis on the electric vehicle market, including from Frost & Sulivan, which recently found that the U.S. market is expected to flourish with government incentives driving EV ownership, according to a news release. Take THAT, China! Most people want a more traditional vehicle with at least 4 or 5 seats because theyd be able to use it for more things than they could use a 1-2 seater vehicle for. Arizona has fast become the electric vehicle center of America thanks to our robust and growing workforce, vibrant innovation ecosystem, and ideal business environment. Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. This could mean daily commutes, food deliveries, or ridesharing. According to its press release, ElectraMeccanica is already exploring additional ventures around its US facility: In addition to strong consumer interest in theSOLOEV, the Company has seen growing interest in commercial fleet and utility applications. Forward-looking statements are made based on managements beliefs, estimates and opinions on the date the statements are made, and the Company undertakes no obligation to update forward looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law. Real Names required. Currently, the company is promoting the vehicle at retail kiosks in malls throughout the state. The new facility will support ElectraMeccanicas goal of meeting anticipated demand for their flagship SOLOEV with the capability of producing up to 20,000 vehicles a year, according to therelease, which noted that the factory, which features a light vehicle assembly plant and state-of-the-art engineering technical center, is expected to create up to 500 new jobs. Featured image provided by ElectraMeccanica. Notifications from this discussion will be disabled. ElectraMeccanica Vehicles Corp. is a designer and manufacturer of environmentally efficient electric vehicles (EVs). Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). Depending on driving conditions, temperature and climate controls, the SOLO has a range of up to 100 miles and a top speed of up to 80 mph. The Stock rose vividly during the last session to $1.03 after opening rate of $1.00 while the lowest price it went was recorded $0.95 before closing at $1.05.Recently in News on January 6, 2023, ElectraMeccanica Announces Partnership With Arizona Super Bowl Host Committee. How Do You Charge An Electric Car At Home? Ingeniously designed to be sleek, fun, easy-to-charge, and earth-friendly, SOLO transforms your daily routine with its maneuverability, a top speed of 80 mph, and up to 100 miles of range on a single charge.2. Low 57F. Canadian designer and manufacturer of electric vehicles ElectraMeccanica has selected Mesa, AZ, in the greater Phoenix area, for its U.S. based assembly facility and engineering technical center. One of the criteria that the company was looking for was workforce, and thats a strength in this part of the Valley. Within each finalist state, the Company has selected two finalist sites within the Phoenix, AZ metro . Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The SOLO also features front and rear crumple zones, side impact protection, roll bar, torque-limiting control as well as power steering, power brakes, air conditioning and a Bluetooth entertainment system. Chance of rain 50%.. Generally clear. This is the fourth time Arizona is hosting the Super Bowl, following 1996, 2008 and 2015. fordecision makersin the Lets take a glance in the erstwhile performances of Electrameccanica Vehicles Corp., multiple moving trends are noted. ElectraMeccanica is the fifth electric vehicle manufacturing facility to open in Arizona since 2016, and Arizona ranks seventh nationally for electric vehicle adoption, with four electric vehicles registered in the state for every 1,000 Arizona residents. Jennifer Sensiba is a long time efficient vehicle enthusiast, writer, and photographer. According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.1230, with a change in the price was noted -0.58. We have made a significant commitment to Arizona by recently moving our corporate headquarters and manufacturing facility to Mesa, said Susan Docherty, CEO of ElectraMeccanica Vehicles Corp. It is important for us to support our home state, and by so doing, to help the SBHC deliver the greenest Super Bowl ever. 5 min read. Total Debt to Equity Ratio (D/E) can also provide valuable insight into the companys financial health and market status. Two Doors. Additionally, trading for the stock in the period of the last six months notably deteriorated by -33.29%, alongside a downfall of -54.28% for the period of the last 12 months. No other state in the country provides a better environment for ElectraMeccanica to scale its leading-edge technology, and we look forward to continuing to be a partner in the companys long-term success. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as expects or does not expect, is expected, anticipates or does not anticipate, plans, estimates or intends, or stating that certain actions, events or results may, could, would, might or will be taken, occur or be achieved) are not statements of historical fact and should be viewed as forward-looking statements. a wide range of relevant stories and At least until now. that is degrading to another person. The SOLO is currently available for order here. 51% Plugin Vehicle Share In The Netherlands! The proposed US facility is the best fit for ElectraMeccanicas plan to ramp up production on its flagshipSOLOEV. Joe Kent's Reel Report every evening. When hes not offering the latest tech how tos or insights, hes probably watching Chicago sports. 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