Subscribe to Email Newsletters And Breaking News Alerts, ElectraMeccanica Announces Partnership With Arizona Super Bowl Host Committee. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). Inc. (CNEY) is priced at $0.87 after the most recent trading session. SOLO is best experienced in the real world. Hopefully the SOLOs come with premium A/C, too. 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. 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. 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. To do this, it hired BDO, a company that specializes in helping companies select places to build. Your e-mail address will be used to confirm your account. 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. Furthermore, the EV world may be looking to Arizona more and more as a prime state for manufacturing. 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. 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. We are proud of these one-of-a-kind vehicles that will be made in Mesa, bolstering Arizonas robust manufacturing industry. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. It was originally meant to be acommuter vehicle, but think about everything that you do byyourself, you can get groceries byyourself, you go to Pilates by yourself, to the gym, you govisit friends by yourself., He went on to say that the price point is $18,500 andthe SOLO EV has a 100-mile all urbanrange, an80-mile-per-hour top speed andit has a lot of the same comfortfeatures as a typical car.. Advertise with CleanTechnica to get your company in front of millions of monthly readers. Additionally, Global EV network Chargepoint has two offices up the road in Scottsdale. According to Mesa Mayor John Giles, the site offers a number of strategic advantages. Any 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 anticipates, estimates, projects, expects, contemplates, intends, believes, plans, may, will, or their negatives or other comparable words) are not statements of historical fact and should be viewed as forward-looking statements. We previously reported the EV startup had whittled its list down to two finalists, Arizona and Tennessee. Now, Maricopa County has entered the EV market. It blends a modern look with safety features at an accessible price point of $18,500 (MSRP) for the consumer model and $24,500 (MSRP) for the delivery-oriented SOLO Cargo model, which features an expanded cargo box to accommodate a wide variety of fleet and commercial applications. Take THAT, China! More. ElectraMeccanica will lease the building from developer MarWest Enterprises. While Arizona made the most sense given the circumstances and movements surrounding ElectraMeccanica, it had not confirmed our suspicions. In addition, long term Debt to Equity ratio is set at 0.09. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. We want to make sure that we can tapinto a logistics base so theres just lots of reasonsto do it and were really excitedto be here in the U.S.. ElectraMeccanica Vehicles Corp. has selected Mesa, AZ for its U.S. based assembly facility and engineering technical center. Most people want a more traditional vehicle with at least 4 or 5 seats because theyd be able to use it for more things than they could use a 1-2 seater vehicle for. Arizona has fast become the electric vehicle center of America thanks to our robust and growing workforce, vibrant innovation ecosystem, and ideal business environment. Just the fact that theres a lot of EVs in Los Angeles, San Francisco and up the coast in Washington and Oregon, made this location ideal for us. 5 min read. In a press release today, ElectraMeccanica ($SOLO) announced the site for its US-based assembly facility. Supplying the electric vehicle boom and potentially driving its stock price off the charts. This company, however, is sitting on a goldmine opportunity as it plans to produce 30,000 tonnes per annum over the next 3.5 years from this single deposit. https://www.businesswire.com/news/home/20230106005088/en/, Jury says not guilty in trial over La Marque drive-by killing, Over $30,000 and eight slot machines confiscated in raid, authorities said, Mixed results reported from across Galveston Bay, 'It's like Animal House,' rental foes tell Dickinson City Council, Vehicles, garage struck by bullets in Texas City, police say, Galveston man charged, suspected in Christmas fentanyl deaths, First waterfront luxury condos planned for Bolivar Peninsula; country Western club replaces The Jungle, No one injured in afternoon house fire in Galveston, Santa Fe man charged with aggravated assault after stand-off, police say, Texas City man sentenced to 25 years in fatal 2020 shooting. 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. 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.. The company will be producing its flagship EV, the single-seat Solo. 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. In the last 20 days, the companys Stochastic %K was 89.11% and its Stochastic %D was recorded 92.00%. 51% Plugin Vehicle Share In The Netherlands! Gift this article. Elio Motors is another example of a company that stumbled in this space. Sandra Watson, Mesa Mayor John GIles, ElectraMeccanica's Susan Docherty and Arizona Gov. every workday since 2013. The SOLO is currently available for order here. Mutual Fund and ETF data provided byRefinitiv Lipper. Lastly, Nikola is headquartered in Phoenix if you still consider them an EV manufacturer. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Lets take a glance in the erstwhile performances of Electrameccanica Vehicles Corp., multiple moving trends are noted. Receive the daily weather forecast and the weekly outlook in your inbox each morning. 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. Our mail-out and online service cover 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. 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. 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. She worked with Dale Clift to build a few prototypes for a lightweight 3-wheeled vehicle that could achieve 80 MPG using a motorcycle engine. Lucid Motors is on the cusp of full-fledged production at its AMP-1 facility in Casa Grande. Its going to be a homerun for companies that are in fast food, pizza or grocery deliveries; security companies that monitor parking lots and communities, Rivera says. Arizona has fast become the electric vehicle center of America thanks to our robust and growing workforce, vibrant innovation ecosystem, and ideal business environment. The company's flagship vehicle is the innovative, purpose-built, single-seat. This is the name that will be used to identify you within the system. 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, will be exhibiting at four events and offering test drives of the SOLO in its current markets of California and Arizona over the next two months. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). The company has been looking for the right city to build its headquarters and production facilities for about a year. ElectraMeccanica is not alone in its migration to the Grand Canyon State, either. We want to set an example for other such events throughout America, and hopefully, around the world. The second element is fleet and commercial use. VANCOUVER, British Columbia, October 06, 2022--ElectraMeccanica Secures License to Sell SOLO EV in Arizona ir@emvauto.com, Internet Explorer presents a security risk. The companys flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. 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. We hope to continue this momentum.. 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. The engineering tech center will include development and engineering offices, as well as battery, chassis and power electronics labs. YouTube here. Apteras latest designs have also been a great example of how efficient 3-wheeled EVs can be. GET FOX BUSINESS ON THE GO BY CLICKING HERE, So theres a lot of electricvehicles coming into the spaceright now. Scooter Doll is a writer, designer and tech enthusiast born in Chicago and based on the West Coast. 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). Furthermore, at a price point of $18,500, it can serve as a popular, multi-functional vessel around Phoenix. Furthermore, at a price point of $18,500, it can serve as a popular, multi-functional. Apply on company site. MESA, AZ ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. Stand behind what you post. 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. Featured image provided by ElectraMeccanica. This role will work out of 8127 E Ray Road, Mesa, AZ 85212. PRICED AT $15,5001 MEET SOLO Approximately 544 miles north of Las Vegas lies what's been dubbed "the biggest lithium deposit in the US." Its about time! 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. Its just across the picket fence from a major airport, its next to a freeway that will get you to Southern California in half a day, theres a strong workforce here, and Arizona State University is just a stones throw away, he says. Receive updates on the latest issues of Coast Monthly. Your account has been registered, and you are now logged in. Thats less than an hour south of Mesa. 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.. 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.. 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. Start your drive at one of our display locations. Although the Company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. 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. ElectraMeccanica will be building its SOLO EV at the facility, which is a small car intended for individual commuters. Be Proactive. Raw Stochastic average of Electrameccanica Vehicles Corp. in the period of last 50 days is set at 46.07%. 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. 2023 Electra Meccanica. High 71F. Were riding the macroeconomictailwinds right now.. This is an exciting move for a company bringing its flagship EV to market this year. Last but not least, previous interviews revealed ElectraMeccanicas CEO Paul Rivera lives in Arizona. The trouble with 3-wheeled vehicles goes back decades further, with one notable example being the Twentieth Century Motor Car Corporations Dale. BMW iX review: How efficient is the BMW eSUV in real life? ElectraMeccanica Arizona City, AZ (On Site) Full-Time. This announcement comes just months after a rapid retail expansion in the US. The companys shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 960356 for the day, which was evidently lower, when compared to the average daily volumes of the shares. newsletter is published every workday short, to the point, 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. Receive Laura Elder's Biz Buzz direct to your inbox every Sunday. 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. 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