ir@emvauto.com, Internet Explorer presents a security risk. ICYMI also features select historical content. Receive the most recent obituaries every afternoon. 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 . In a high-profile case, she was extradited to California and sentenced to 18 months in a mens prison. Give Light and the People Will Find Their Own Way. 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. each comment to let us know of abusive posts. 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. 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 company is the manufacturer of three-wheeled electric vehicles based in Vancouver, Canada. Elio Motors is another example of a company that stumbled in this space. ElectraMeccanica is the fifth electric vehicle manufacturing facility to open in Arizona since 2016, according to the news release. 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. 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. 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. SOLO is an experience. Job Details. Create a password that only you will remember. 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. To do this, it hired BDO, a company that specializes in helping companies select places to build. ElectraMeccanica is the fifth electric vehicle manufacturing plant to open in Arizona since 2016. 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. Lets start up with the current stock price of Electrameccanica Vehicles Corp. (SOLO), which is $0.97 to be very precise. Your real name will be displayed next to your photo for comments, blog posts, and more! In the throes of high gas prices, Americans were desperate for more efficient vehicles, and Geraldine Elizabeth Carmichael took advantage of this. 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. You can To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Please log in, or sign up for a new account and purchase a subscription to read or post comments. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. 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. Instead of trying to narrow the vehicle horizontally, Aptera narrowed the vehicle vertically and came up with an airplane-like design. ElectraMeccanica is not alone in its migration to the Grand Canyon State, either. Arizona has fast become the electric vehicle center of America thanks to our robust and growing workforce, vibrant innovation ecosystem, and ideal business environment. 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. Start your morning with the top headlines each day. One Seat. Many of these factors are beyond the Companys ability to control or predict. Furthermore, at a price point of $18,500, it can serve as a popular, multi-functional. 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. The SOLO is currently available for order here. Zero Emissions. 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. 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. Low 57F. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders equity. MESA, AZ ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. racist or sexually-oriented language. What Confluence Has Brought EVs To The Mainstream? Google, Ford, GM, & Solar Companies Partner To Promote Scaling Of Virtual Power Plants, Vehicle-To-Grid Solutions Could Open Fast Lane To Net-Zero Future, From Hyundai Kona EV to Tesla Model Y Standard Range, USAs 1st Vehicle-To-Grid Export Rate For Commercial Electric Vehicles, Shyft Group Shows Off Its Blue Arc Electric Last Mile Delivery Vehicle To Customers, Mazdas Rotary Range Extender Might Succeed Where Others Have Failed, Dont Fall For Aerodynamic Junk Science When Shopping Trailers (Part 2), Dont Fall For Aerodynamic Junk Science When Shopping For Trailers (Especially For Your EV), The Magic of Heat Pumps: Transforming Homes & Combating Climate Change. One of the criteria that the company was looking for was workforce, and thats a strength in this part of the Valley. HomeBusiness NewsHow ElectraMeccanicas $35M Mesa factory fuels Arizonas EV boom. Legal Statement. The Canada-based electric vehicle designer and . The industry-facing website The public can see and touch the vehicle, ask questions and place pre-orders. 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. Other electric car manufactures in the state include luxury. electrive.com is a newsservice JA Solar announces plans to invest $60 million in a new Phoenix solar panel plant that will create more than 600 new jobs. 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. workday short, to the point, 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. 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. For more information, please visit www.emvauto.com. Quotes displayed in real-time or delayed by at least 15 minutes. 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. It was once planned to be just the future manufacturer of its single-seat, three-wheel Solo model, but ElectraMeccanica announced it would make the new 235,000-square-foot Mesa assembly and technical facility its new corporate headquarters. About the Arizona Super Bowl Host Committee. Officials from Arizona seem quite happy with the decision as well. 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. 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.". 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.. 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.. 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. "I think this was a very natural place for us to come. Except for the statements of historical fact contained herein, the information presented in this news release constitutes forward-looking statements as such term is used in applicable United States and Canadian securities laws. 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. 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. But this is just one of the opportunities we have researched in our free report. 5 Undervalued Stocks For 2023 It was once planned to be just the future manufacturer of its single-seat, three-wheel Solo model, but . Inc. (CNEY) is priced at $0.87 after the most recent trading session. 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. Mountain Mike . Mesa, a suburb of Phoenix, ranks 35th nationally. No matter how you measure the efficiency, thats pretty amazing. Plan your fishing trips with Capt. In addition, long term Debt to Equity ratio is set at 0.09. Within each finalist state, the Company has selected two finalist sites within the Phoenix, AZ metro . 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. Waymo, Cruise, TuSimple, Embark, Intel and more all have operations here. Winds WSW at 10 to 20 mph. Forward-looking statements are made based on managements beliefs, estimates and opinions on the date the statements are made, and the Company undertakes no obligation to update forward looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law. 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. ElectraMeccanica is the fifth electric vehicle manufacturing plant to open in Arizona since 2016. The company said it plans to make more than 20,000 cars a year. 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. You can read further details here. It is currently valued at $0.23. Click here to download your Free Copy. ElectraMeccanica is unique in launching a three-wheeled EV that can hit 80 mph with 100 miles of range. 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. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). Adds Rivera, Even our assembly line work requires skill because youre putting together an EV. Get a link to the latest e-Edition delivered to your inbox each 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. ElectraMeccanica announced Docherty as CEO on Dec. 5. Canadian EV designer and manufacturer Electra Meccanica held a commissioning ceremony for its nearly-completed manufacturing facility in Mesa, Arizona in the USA. SOLO is best experienced in the real world. Use the 'Report' link on 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). 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