51% Plugin Vehicle Share In The Netherlands! 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. We won't share it with anyone else. Real Names required. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. Raw Stochastic average of Electrameccanica Vehicles Corp. in the period of last 50 days is set at 46.07%. Your purchase was successful, and you are now logged in. The company will also . Many of these factors are beyond the Companys ability to control or predict. With a top speed of 80 mph and a range of 100 miles, it will retail for $18,500. The SOLO is going to be a 3-wheeled EV built for urban environments. The SOLO is currently available for order here. The 1-year high price for the companys stock is recorded $1.0800 on 01/11/23, with the lowest value was $0.6061 for the same time period, recorded on 01/03/23. BMW iX review: How efficient is the BMW eSUV in real life? The $35 million plant will bring 500 high-tech, high-value jobs to the community. developments in electric transport Hopefully the SOLOs come with premium A/C, too. find her on Twitter here, Sandra Watson, President and CEO of the Arizona Commerce Authority said the following: We couldnt be more excited to welcome ElectraMeccanica to Arizona as the latest electric vehicle innovator to choose our state. Copyright 2023 CleanTechnica. Now, Maricopa County has entered the EV market. ElectraMeccanica can produce 20,000 electric vehicles (EVs) annually . The goal of the Host Committee is to galvanize local stakeholders in a united approach to hosting the largest single-day sporting event in the world by maximizing positive media exposure, fueling the economic engine of Arizona, and leaving a lasting legacy in the community. 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. ElectraMeccanica is unique in launching a three-wheeled EV that can hit 80 mph with 100 miles of range. 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. Sandra Watson, Mesa Mayor John GIles, ElectraMeccanica's Susan Docherty and Arizona Gov. You can ElectraMeccanica. This decision is monumental for our business and will be transformative for our host city and state. Threats of harming another While Arizona made the most sense given the circumstances and movements surrounding ElectraMeccanica, it had not confirmed our suspicions. The Phoenix, Arizona metro area seems like its starting to become an EV production and maintenance hot spot. As we previously touched on last month, Arizona makes a lot of sense for ElectraMeccanica and its first US facility. Get an email notification whenever someone contributes to the discussion. The factory will focus on light assembly, with parts and components produced by the companys manufacturing partner, Zongshen Industrial Group, in China. Instead of a hatchback, this version of the car features a cargo box. VANCOUVER, British Columbia, October 06, 2022--ElectraMeccanica Secures License to Sell SOLO EV in Arizona The shares increased approximately by 36.86% in the 7-day charts and went up by 12.20% in the period of the last 30 days. Aptera is a great example of this, as the company failed almost a decade ago before coming back to life in the last two years. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. The other four companies have just as much potential. Presently, Electrameccanica Vehicles Corp. shares are logging -60.09% during the 52-week period from high price, and 70.41% higher than the lowest price point for the same timeframe. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. Please send any tips or suggestions, or dog photos to him at scooter@9to5mac.com, Stay up to date with the latest content by, Electric Vehicle Price Guide best prices for dealers in the US, the EV startup had whittled its list down to two finalists, positively impact local and state economies in Arizona, Tesla (TSLA) is seeing unprecedented demand, stores hitting new records, The worlds largest electric ferry can take you and your closest 2000 friends across the ocean, DC fast charger maker Tritium just got a huge order from BP, Schneider debuts its first eCascadia electric semi truck, Subscribe to Electrek on YouTube for exclusive videos. 5 min read. The primary purpose of this job is to interface between our company and the owners of an ElectraMeccanica vehicle. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. 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 . Receive the latest Dear Abby column in your inbox each morning. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Arizona is thrilled to be selected as the home of ElectraMeccanicas first U.S.-based assembly facility and engineering technical center, said Governor Doug Ducey. Thats less than an hour south of Mesa. ElectraMeccanica expects the full production of the Solo models to get going in Mesa by the end of 2023. Its about time! Featured image provided by ElectraMeccanica. Something went wrong while submitting the form. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Canadian electric-vehicle maker ElectraMeccanica will build its three-wheeled, single-seat commuter car for the U.S. market at a factory in Mesa, Ariz. person will not be tolerated. It reduces dwell time for vehicles and lowers transportation costs, he says. ElectraMeccanica also expects its new home to generate second order effects that positively impact local and state economies in Arizona. Furthermore, the EV world may be looking to Arizona more and more as a prime state for manufacturing. The company will be producing its flagship EV, the single-seat Solo. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. One of the criteria that the company was looking for was workforce, and thats a strength in this part of the Valley. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. The content produced by this site is for entertainment purposes only. Theelectromotive vehicle market in America is estimated to register a nearly five-fold growth, reaching nearly 7 millionunit sales by 2025 from1.4 million last year, according to the analysis. 5 Undervalued Stocks For 2023 This material may not be published, broadcast, rewritten, or redistributed. All Rights Reserved. Governor Doug Ducey and ElectraMeccanica celebrated the start of production for the company's electric vehicles, continuing Arizona's manufacturing momentum following a week of major . Lastly, Nikola is headquartered in Phoenix if you still consider them an EV manufacturer. Doug Ducey attend the commissioning ceremony for the company's Mesa plant. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders equity The total Debt to Equity ratio for SOLO is recording 0.10 at the time of this writing. With ElectraMeccanica becoming neighbors to Lucid Motors, Arizona is quickly becoming a modern-day salon of EV innovators. 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. My thanks to ElectraMeccanica, the Arizona Commerce Authority, the City of Mesa and all involved in bringing this exciting project to Arizona.". The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders equity. ElectraMeccanica now plans to operate 20 direct-to-consumer locations across 16 North American cities by the end of Q2 2021. March 16, 2021 ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles, today announced that it has selected Mesa, AZ, in the greater Phoenix area, for its U.S. based assembly facility and engineering technical center. Read more of this story from the Business Journal. Arizona International Auto Show and San Diego International Auto Show. Start your drive at one of our display locations. According to Mesa Mayor John Giles, the site offers a number of strategic advantages. Im not going to lie the first time I saw a photo of the SOLO, my first thought was that it was ugly. We want to set an example for other such events throughout America, and hopefully, around the world. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Host Committee serves as liaison between the NFL and all regional efforts, culminating with the game in 2023 at State Farm Stadium, home to the Arizona Cardinals. The companys flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. every workday since 2013. workday short, to the point, About the Arizona Super Bowl Host Committee. 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. "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. As just one part of its partnership, ElectraMeccanica presented the SBHC with ten custom-wrapped, all-electric, SOLOs for the Committee to use as courtesy vehicles during the Super Bowl during. 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. Within each finalist state, the Company has selected two finalist sites within the Phoenix, AZ metro . 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