No racism, sexism or any sort of -ism We previously reported the EV startup had whittled its list down to two finalists, Arizona and Tennessee. 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. that is degrading to another person. 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 $35 million plant will bring 500 high-tech, high-value jobs to the community. ElectraMeccanica Announces Partnership With Arizona Super Bowl Host Committee Vehicles Presented to Committee at Kick-off Media Event Business Wire MESA, Ariz. -- January 6 . Within each finalist state, the Company has selected two finalist sites within the Phoenix, AZ metro . For more information, please visit www.emvauto.com. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Apteras latest designs have also been a great example of how efficient 3-wheeled EVs can be. Lastly, Nikola is headquartered in Phoenix if you still consider them an EV manufacturer. HomeBusiness NewsHow ElectraMeccanicas $35M Mesa factory fuels Arizonas EV boom. MESA, AZ ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. Click here to download your Free Copy. 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. Arizona has rapidly become the hub of electric vehicle (EV) manufacturing in the U.S. Im not going to lie the first time I saw a photo of the SOLO, my first thought was that it was ugly. 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. 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. Thats 6.25 miles per kWh, or 160 Wh per mile. 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. Paul Rivera, CEO of ElectraMeccanica, adds that the tipping point was Arizonas accessibility to the companys target market: the West Coast. The Mesa facility will feature both a light vehicle assembly plant along with a state-of-the-art engineering technical center. 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 When hes not offering the latest tech how tos or insights, hes probably watching Chicago sports. Canadian EV designer and manufacturer Electra Meccanica held a commissioning ceremony for its nearly-completed manufacturing facility in Mesa, Arizona in the USA. ElectraMeccanica. My thanks to ElectraMeccanica, the Arizona Commerce Authority, the City of Mesa and all involved in bringing this exciting project to Arizona. Following a year-long nationwide search, which included about a dozen locations in the Greater Phoenix region, Mesa eventually won out over Nashville, Tennessee. Variable clouds with scattered thunderstorms. 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, 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. Our mail-out and online service cover 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. Features include 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. 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.. Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. MESA, Ariz.--(BUSINESS WIRE)--Jan 6, 2023--. 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. Inc. (CNEY) is priced at $0.87 after the most recent trading session. This is the fourth time Arizona is hosting the Super Bowl, following 1996, 2008 and 2015. The Arizona Super Bowl Host Committee is a nonprofit organization responsible for planning and executing a successful Super Bowl LVII in 2023. 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. 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. For more information, please visit www.emvauto.com. Supplying the electric vehicle boom and potentially driving its stock price off the charts. find her on Twitter here, 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. 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. 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. In addition, long term Debt to Equity ratio is set at 0.09. On May 15, Vancouver, Canada-based, Arizona is a magnet for auto innovation. 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. ElectraMeccanica now at home in North America. (adsbygoogle = window.adsbygoogle || []).push({}); Canadian EV designer and manufacturer Electra Meccanica held a commissioning ceremony for its nearly-completed manufacturing facility in Mesa, Arizona in the USA. 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. 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. 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. While Arizona made the most sense given the circumstances and movements surrounding ElectraMeccanica, it had not confirmed our suspicions. 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. The company said it plans to make more than 20,000 cars a year. 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. The companys flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. Scooter Doll is a writer, designer and tech enthusiast born in Chicago and based on the West Coast. In the last 20 days, the companys Stochastic %K was 89.11% and its Stochastic %D was recorded 92.00%. Receive the most recent obituaries every afternoon. 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. Officials from Arizona seem quite happy with the decision as well. It deliveries of the small urban electric vehicle last year. The SOLO is currently available for order here. County events celebrate life and legacy of Martin Luther King Jr. County celebrates Martin Luther King Jr. with prayers, parades, Galveston County artist creates mythical mural at the Sunshine Center, Plungers hit the water to raise funds for aquatics program, Brand-new gentoo makes debut at Galveston's Moody Gardens, Santa makes appearance at Galveston recreation centers, How about covering the corruption many worry about, Guest commentary: 'Will of the People' is a complex concept, An expert's warning: "No street drug is safe right now'. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. Drawing on a 60-year legacy of building and delivering high-end custom cars, our flagship vehicle is a single-seat . This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities. The vehicles will help SBHC employees and volunteers to easily navigate crowded city streets and limited parking options. Lets take a glance in the erstwhile performances of Electrameccanica Vehicles Corp., multiple moving trends are noted. 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. For more information, please visit www.emvauto.com. This decision is monumental for our business and will be transformative for our host city and state. I think theres going to be a massive demand for the Solo from consumers as well as restaurants and other businesses that are looking at fleet services, Camacho adds. Common stock shares were lifted by -7.25% during last recorded quarter. The facility plus an engineering technical center will be in Mesa, Arizona. In Pinal County, the first phase of Lucids Casa Grande plant is complete, and the company will begin producing its all-electric luxury sedan; while Nikola Corp. is building a factory in nearby Coolidge where it will manufacture electric- and hydrogen-powered heavy trucks. Threats of harming another The company has been looking for the right city to build its headquarters and production facilities for about a year. Capitol Police officer should have been fired, at least, Paxton has good reason to seek LGBTQIA information, We voters should ensure Jan. 6 was Trump's swansong, Daily News convenes newly configured editorial board, We must all stand up for freedom here and in Ukraine, Guest editorial, The Washington Post: Trump's avoidance the least of the problem. ElectraMeccanica says it will ultimately have the capacity to produce up to 20,000 vehicles per year in its 235,000-square-foot facility in Mesa. Such risks and other factors include, among others, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the automotive industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities or claims limitations on insurance coverage. Keep it Clean. Mesa, a suburb of Phoenix, ranks 35th nationally. Were riding the macroeconomictailwinds right now.. ElectraMeccanica Arizona City, AZ (On Site) Full-Time. Will the law or the Republican traitors prevail? Get the latest local and national sports headlines deliveredto your inbox every morning. 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. 2023 Electra Meccanica. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica" or the . 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. 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. 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. Made in Germany! 5 Undervalued Stocks For 2023 We want to tap into the U.S.talent pool. It takes a village to do what we are doing. The Phoenix, Arizona metro area seems like its starting to become an EV production and maintenance hot spot. 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. 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. The content produced by this site is for entertainment purposes only. 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. Be Proactive. FTC: We use income earning auto affiliate links. electric mobilityindustry. The SOLO is currently available for order here. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). 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. 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. ICYMI is a weekly newsletter highlighting stories from the past week. Arizona International Auto Show and San Diego International Auto Show. The company press release states the new facility will create up to 500 new jobs when it is fully operational. 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. Real Names required. Your real name will be displayed next to your photo for comments, blog posts, and more! Start your drive at one of our display locations. The architect of the plant is Ware Malcomb, and Willmeng Construction is the general contractor. ElectraMeccanica is unique in launching a three-wheeled EV that can hit 80 mph with 100 miles of range. "I think this was a very natural place for us to come. 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.". Stand behind what you post. 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. Raw Stochastic average of Electrameccanica Vehicles Corp. in the period of last 50 days is set at 46.07%. This is an exciting move for a company bringing its flagship EV to market this year. 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 Three Wheels.
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