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70%, 80%, 99.9%, 100% Renewables Study Central, Clean tech and sustainability market research, Climate Change Solutions: Why 1.5C Is So Important, Electric Vehicle Sales Charts, Graphs, & Stats, Engage Global Competition: Technology for a Sustainable Future. ElectraMeccanica now at home in North America. Be Proactive. 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. The SOLO is currently available for order here. This material may not be published, broadcast, rewritten, or redistributed. 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. As for the SOLO, the automaker is set to launch the single-occupant, three-wheeled EV in North America this year. Apteras latest designs have also been a great example of how efficient 3-wheeled EVs can be. Legal Statement. 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 biggest reason for us is wewant to have a made in the USAproduct, Rivera said. 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. The area will also be the home to the companys first US-based engineering technical centre. Start your morning with the top headlines each day. 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. SOLO on display and available for test drives at the Fleet Forward Conference . Low 57F. https://www.electrive.com/2022/12/15/electrameccanica-now-at-home-in-north-america/. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica" or the . 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). This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. Situated on 18 acres of land between Phoenix-Mesa-Gateway Airport and the Loop 202, the 235,000-square-foot state-of-the-art ElectraMeccanica complex will include a light vehicle assembly plant, 22,000 square feet of offices and 19,000 square feet of comprehensive research facilities. Elio Motors is another example of a company that stumbled in this space. This is the fourth time Arizona is hosting the Super Bowl, following 1996, 2008 and 2015. Drawing on a 60-year legacy of building and delivering high-end custom cars, our flagship vehicle is a single-seat . Made in Germany! MESA, AZ ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. ICYMI also features select historical content. 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. On Tuesday, Rivera announced on the program that the designer and manufacturer of electric vehicles is expanding production out of China with a new factory in the United States. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. EVs Take 55% Of The German Auto Market In December! Threats of harming another We believe Mesas population size and density provides a great talent pool as we look forward to contributing to the growing high-tech environment.. Real Names required. 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.". 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. 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 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. 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. fordecision makersin the While the idea of an efficient 3-wheeled vehicle is exciting from an environmental perspective, it hasnt been easy for new companies to get their footing. ElectraMeccanica currently has just over 70 employees but expects to bring on up to 500 . My thanks to ElectraMeccanica, the Arizona Commerce Authority, the City of Mesa and all involved in bringing this exciting project to Arizona. Furthermore, the Mesa plant will be capable of producing up to 20,000SOLOsper year. Scooter Doll is a writer, designer and tech enthusiast born in Chicago and based on the West Coast. Lastly, Nikola is headquartered in Phoenix if you still consider them an EV manufacturer. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. About the Arizona Super Bowl Host Committee. 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. In that particular session, Stock kicked-off at the, CN Energy Group. Zero Emissions. The facility plus an engineering technical center will be in Mesa, Arizona. Companies testing their cars at proving grounds in the state include GM, Ford, Toyota, VW, Chysler and Nissan. Another thing that probably makes this challenging is just how different 3-wheeled vehicles look and function. Today, ElectraMeccanica has announced the remaining two finalists as Arizona and Tennessee. If you forget it, you'll be able to recover it using your email address. YouTube here. Im not going to lie the first time I saw a photo of the SOLO, my first thought was that it was ugly. ADVERTISEMENT This center will be erected with multiple labs for comprehensive research. 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. 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. 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. No racism, sexism or any sort of -ism 51% Plugin Vehicle Share In The Netherlands! Lets start up with the current stock price of Electrameccanica Vehicles Corp. (SOLO), which is $0.97 to be very precise. We hope to continue this momentum.. Featuring an eye-catching three-wheel design, the tadpole-style commuter car is designed for a single passenger. Year-to-date Price performance of the companys stock appears to be pessimistic, given the fact the metric is recording 61.32%. 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. The content produced by this site is for entertainment purposes only. Lets take a glance in the erstwhile performances of Electrameccanica Vehicles Corp., multiple moving trends are noted. Your purchase was successful, and you are now logged in. READ ALSO:Here whats driving the rising PHX East Valley economy, Arizona is a magnet for auto innovation. 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. Get the latest local and national sports headlines deliveredto your inbox every morning. The company said it plans to make more than 20,000 cars a year. The company said it plans to make more than 20,000 cars a year. ElectraMeccanica Chief Revenue Officer Kim Brink said the decision to relocate the company's headquarters from British Columbia, Canada to Mesa was made earlier this month. Word among publications is that it only takes a few hours to charge it on Level 1, so many people will find it a convenient commuting option. 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. For more information, please visit www.emvauto.com. With all of this history around 3-wheeled vehicles, many are skeptical of them, and the skepticism is probably not that fair. ElectraMeccanica expects the full production of the Solo models to get going in Mesa by the end of 2023. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. 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. For more information, visit azsuperbowl.com or follow @AZSuperBowl on Twitter, Instagram and Facebook. Our On May 15, Vancouver, Canada-based ElectraMeccanica Vehicles Corp. broke ground on its first U.S.-based assembly facility and engineering technical. 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. As of October, the state has added 14,100 manufacturing jobs in 2022 with a growth rate over double the percentage of the national average, according to the Arizona Commerce Authority. 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 . Arizona is also the epicenter of automated driving. Buzz Pro review: Is it enough to become iconic, again? MESA, Ariz.--(BUSINESS WIRE)--Jan 6, 2023--. Apply on company site. Before choosing the Phoenix suburb as its new production hub, the Canadian company conducted a lengthy nationwide search. 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 . Hopefully the SOLOs come with premium A/C, too. Vehicles Presented to Committee at Kick-off Media Event. Save my name, email, and website in this browser for the next time I comment. The SOLO is currently available for order here. ElectraMeccanica. 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. Something went wrong while submitting the form. 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. builds on the email briefing we publish The factory will focus on light assembly, with parts and components produced by the companys manufacturing partner, Zongshen Industrial Group, in China. No matter how you measure the efficiency, thats pretty amazing. 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.. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities. 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. The company will also . One tiny company stands to be the biggest beneficiary because lithium "faces a long-term supply shortage," according to Barron's. JA Solar announces plans to invest $60 million in a new Phoenix solar panel plant that will create more than 600 new jobs. Approximately 544 miles north of Las Vegas lies what's been dubbed "the biggest lithium deposit in the US." Last but not least, previous interviews revealed ElectraMeccanicas CEO Paul Rivera lives in Arizona. a franchisee of multiple Mountain Mike's Pizza locations in Arizona and Utah. Such forward-looking statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions, including, the risks and uncertainties outlined in our most recent financial statements and reports and registration statement filed with the United States Securities and Exchange Commission (the SEC) (available at www.sec.gov) and with Canadian securities administrators (available at www.sedar.com). Plans for this program will be forthcoming. It was once planned to be just the future manufacturer of its single-seat, three-wheel Solo model, but . ElectraMeccanica Vehicles Corp. has selected Mesa, AZ for its U.S. based assembly facility and engineering technical center. The vehicles will help SBHC employees and volunteers to easily navigate crowded city streets and limited parking options. "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. ElectraMeccanica is not alone in its migration to the Grand Canyon State, either. The Stock rose vividly during, At the end of the latest market close, Annaly Capital Management Inc. (NLY) was valued at $22.70. Get the newsletter and be the first to hear about events, promotions, and updatesin the world of ElectraMeccanica. First off, its HQ in Vancouver is a lot closer to Arizona than Tennessee. Tesla Model Y #1 Overall! We won't share it with anyone else. In the throes of high gas prices, Americans were desperate for more efficient vehicles, and Geraldine Elizabeth Carmichael took advantage of this. When the transactions were called off. This is the name that will be used to identify you within the system. Receive Laura Elder's Biz Buzz direct to your inbox every Sunday. May 17th, 2021 5:47 PM Share. It deliveries of the small urban electric vehicle last year. (adsbygoogle = window.adsbygoogle || []).push({}); Subscribe to electrive today by 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. We are proud of these one-of-a-kind vehicles that will be made in Mesa, bolstering Arizonas robust manufacturing industry. The team at Lectric eBikes is constantly pushing the envelope with new designs, new features and new functionality so when they invited us to Arizona is about to have more EV chargers per capita than any other US state, with almost 14,000 being added plus more Superchargers. Other electric car manufactures in the state include luxury. Only four other sites (South Florida, New Orleans, Los Angeles, and Tampa Bay) hold this distinction. 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. 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. Inc. (CNEY) is priced at $0.87 after the most recent trading session. Waymo, Cruise, TuSimple, Embark, Intel and more all have operations here. 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. Eyes will be on ElectraMeccanica as it implements its new US facility and launches the SOLO EV. Rivera noted on Tuesday that it is also really appealing for commercial fleet and utility applications. ElectraMeccanica will lease the building from developer MarWest Enterprises. This is an exciting move for a company bringing its flagship EV to market this year. The other four companies have just as much potential. each comment to let us know of abusive posts. Total Debt to Equity Ratio (D/E) can also provide valuable insight into the companys financial health and market status. ElectraMeccanica has crafted a three-part strategy for rolling out the Solo. We are thrilled to bring production of our vehicles onshore and introduce an enhanced, U.S.-built 2023 model year SOLO EV to market, remarked Susan Docherty, CEO of ElectraMeccanica. What Confluence Has Brought EVs To The Mainstream? This will be a full-time position. When hes not offering the latest tech how tos or insights, hes probably watching Chicago sports. Receive the most recent obituaries every afternoon. Additionally, it will include testing workshops for vehicle chassis, battery packs, and power electronics. 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