At the same time, vehicles like the Polaris Slingshot have proven that 3-wheeled vehicles arent all vaporware. Arizona has rapidly become the hub of electric vehicle (EV) manufacturing in the U.S. When fully operational, we anticipate creating hundreds of new jobs for the local economy. Vehicles Presented to Committee at Kick-off Media Event. READ ALSO:Here whats driving the rising PHX East Valley economy, Arizona is a magnet for auto innovation. ElectraMeccanica is the fifth electric vehicle manufacturing plant to open in Arizona since 2016. Lastly, Nikola is headquartered in Phoenix if you still consider them an EV manufacturer. Interview with Mobilize CEO Clotilde Delbos: The car becomes a Lucid opens new retail centre in the Netherlands, Worlds largest electric ferry launches in Norway, Designwerk presents megawatt charging station, Possible battery problem with 10,000 VW ID.3 and ID.4, VW is reorganizing Quality and Design departments. 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 January and February. The companys flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. Investchronicle.com is an Economic news website, which offers broad information about the Stock markets and Equities. And the third component will be a ride-share program for residential complexes and college campuses. March 23, 2021. Furthermore, the Mesa plant will be capable of producing up to 20,000SOLOsper year. Thats less than an hour south of Mesa. Elio Motors is another example of a company that stumbled in this space. workday short, to the point, Made in Germany! Receive the most recent obituaries every afternoon. 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Except for the statements of historical fact contained herein, the information presented in this news release and oral statements made from time to time by representatives of the Company are or may constitute forward-looking statements as such term is used in applicable United States and Canadian laws and including, without limitation, within the meaning of the Private Securities Litigation Reform Act of 1995, for which the Company claims the protection of the safe harbor for forward-looking statements. electric mobilityindustry. We hope to continue this momentum.. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Companys filings with the Securities and Exchange Commission. 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. Jennifer Sensiba is a long time efficient vehicle enthusiast, writer, and photographer. 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. Market data provided byFactset. 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 . For more information, please visit www.emvauto.com. One Seat. GET FOX BUSINESS ON THE GO BY CLICKING HERE, So theres a lot of electricvehicles coming into the spaceright now. 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. Before choosing the Phoenix suburb as its new production hub, the Canadian company conducted a lengthy nationwide search. Frances EVs Take Record Quarter Share Of Market, Sandy Munro: The Coming Wave of Chinese EVs, Sandy Munro On Which Automakers Are Getting It Right Besides Tesla, Sandy Munro: How Tesla Gets To The $24,000 Car, Sandy Munro: Tesla Is Engineering At The Speed Of Thought. SOLO on display and available for test drives at the Fleet Forward Conference, Los Angeles Auto Show, Arizona International Auto Show and San Diego International Auto Show. She says, Its also great because people who grow up here can gain training and skills in an advanced industry to get a quality job, all without leaving their community., Copyright 2023 AZ Big Media | All Rights Reserved | Site by Blufish, Heres why Metro Phoenix is on the way to becoming a Tier 1 market, Tucson, Phoenix among 10 cities where minimum wage goes furthest, JA Solar is bringing $60M facility, 600 jobs to Phoenix, Now, Maricopa County has entered the EV market. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. 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 is going to be a 3-wheeled EV built for . 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. 5 min read. Arizona International Auto Show and San Diego International Auto Show. Even if someone almost always drives alone, they want to get the most bang for their buck, and be able to use it on occasion to pick up a TV from the electronics store or to take some friends out on a double-date. Chris Camacho, president and CEO of the Greater Phoenix Economic Council, says This facility is going to be one of the most advanced state-of-the-art OEM facilities in the U.S. And this vehicle is a head-turner. This material may not be published, broadcast, rewritten, or redistributed. Subscribe to Electrek on YouTube for exclusive videos and subscribe to the podcast. The company will also . 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 . The revolutionary single-seat, fully electric commuter. On the run for past crimes, including counterfeiting, Geraldine was also struggling to live as a transgender woman in a time when the US public was outright hostile to the LGBT community (but she did have the support of her wife and children). 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. The vehicles will help SBHC employees and volunteers to easily navigate crowded city streets and limited parking options. ElectraMeccanica Vehicles Corp. is a designer and manufacturer of environmentally efficient electric vehicles (EVs). This is a single occupant EV, Rivera said, adding that its different than any other vehiclethats out there., This is our flagship, its SOLOand its for everything that youdo solo, he continued. ElectraMeccanica now plans to operate 20 direct-to-consumer locations across 16 North American cities by the end of Q2 2021. 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 Lowes 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, and other events the week leading up to Super Bowl LVII. I want to thank Governor Ducey, his team, the state of Arizona and everyone whos been involved in this process for helping to bring ElectraMeccanicas U.S. operations to life, said Company CEO Paul Rivera. 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. 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. In a press release today, ElectraMeccanica ($SOLO) announced the site for its US-based assembly facility. "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. When hes not offering the latest tech how tos or insights, hes probably watching Chicago sports. Weve had three EV groundbreakings in the last 16 months, which is incredible, says Sandra Watson, president and CEO of the, Here whats driving the rising PHX East Valley economy. Either way, it seems like were are finally seeing some success for 3-wheeled vehicles. favorite_border. No pseudonyms or partial 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. Choose wisely! Don't Threaten. Supplying the electric vehicle boom and potentially driving its stock price off the charts. About the Arizona Super Bowl Host Committee. She said the decision was one of the first Susan Docherty made as CEO. The vehicles will also save on fuel costs and minimize environmental impact, all of which helps the SBHC to ensure its goal of leading the greenest Super Bowl ever. VANCOUVER, British Columbia, October 06, 2022--ElectraMeccanica Secures License to Sell SOLO EV in Arizona With ElectraMeccanica becoming neighbors to Lucid Motors, Arizona is quickly becoming a modern-day salon of EV innovators. Ford & CATL Factory Wont Be Built In Virginia. The major emphasis of this platform is to present, the most practical recommendation for public and private capital sharing, both in the form of updates and detailed analysis. While not an EV, that vehicle has changed perceptions quite a bit and led to legal changes in most states that help potential buyers. 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. Receive the latest Dear Abby column in your inbox each morning. 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. Just the fact that theres a lot of EVs in Los Angeles, San Francisco and up the coast in Washington and Oregon, made this location ideal for us. Common stock shares were lifted by -7.25% during last recorded quarter. VANCOUVER, British Columbia-(BUSINESS WIRE)-ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today announced that it has secured licensing to sell its revolutionary single-seater electric vehicle, the SOLO, in Arizona. This is the fourth time Arizona is hosting the Super Bowl, following 1996, 2008 and 2015. Use the 'Report' link on Create a password that only you will remember. 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. New. This announcement comes just months after a rapid retail expansion in the US. ElectraMeccanica can produce 20,000 electric vehicles (EVs) annually . Buzz Pro review: Is it enough to become iconic, again? electrive.com is a newsservice The company will be producing its flagship EV, the single-seat Solo. 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. ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stocks existing status and the future performance. In addition to a light vehicle production facility, it will also be building multiple labs to support comprehensive research facilities and vehicle chassis, battery pack, and power electronics testing workshops. Thank you to the entire ElectraMeccanica team, Sandra Watson and her team at the Arizona Commerce Authority, Mayor Giles and the City of Mesa, and local leaders for your support on this important project.. 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. ElectraMeccanica, which is listed on the Nasdaq, has chosen Mesa, Ariz., a suburb of Phoenix, for its U.S. based assembly facility and engineering technical center, according to a news release.. Arizona has fast become the electric vehicle center of America thanks to our robust and growing workforce, vibrant innovation ecosystem, and ideal business environment. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). 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. When the transactions were called off. Waymo, Cruise, TuSimple, Embark, Intel and more all have operations here. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 79.13%. Let's start up with the current stock price of Electrameccanica Vehicles Corp. 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