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. Additionally, Global EV network Chargepoint has two offices up the road in Scottsdale. My thanks to ElectraMeccanica, the Arizona Commerce Authority, the City of Mesa and all involved in bringing this exciting project to Arizona. The Phoenix, Arizona metro area seems like its starting to become an EV production and maintenance hot spot. The SOLO is currently available for order here. In a high-profile case, she was extradited to California and sentenced to 18 months in a mens prison. 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. How Do You Charge An Electric Car At Home? 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'. The industry-facing website ElectraMeccanica expects the full production of the Solo models to get going in Mesa by the end of 2023. Save my name, email, and website in this browser for the next time I comment. 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. 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. Start your morning with the top headlines each day. Additionally, trading for the stock in the period of the last six months notably deteriorated by -33.29%, alongside a downfall of -54.28% for the period of the last 12 months. 2023 FOX News Network, LLC. 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. It takes a village to do what we are doing. We previously reported the EV startup had whittled its list down to two finalists, Arizona and Tennessee. For more information, visit azsuperbowl.com or follow @AZSuperBowl on Twitter, Instagram and Facebook. favorite_border. Only four other sites (South Florida, New Orleans, Los Angeles, and Tampa Bay) hold this distinction. The companys flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). 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. newsletter is published every 2023 Electra Meccanica. 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. 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. 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. 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. The Stock rose vividly during, At the end of the latest market close, Annaly Capital Management Inc. (NLY) was valued at $22.70. The company has been looking for the right city to build its headquarters and production facilities for about a year. Within each finalist state, the Company has selected two finalist sites within the Phoenix, AZ metro . Im not going to lie the first time I saw a photo of the SOLO, my first thought was that it was ugly. 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 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. She said the decision was one of the first Susan Docherty made as CEO. Choose wisely! The stocks price range for the 52-week period managed to maintain the performance between $0.57 and $2.44. The proposed US facility is the best fit for ElectraMeccanicas plan to ramp up production on its flagshipSOLOEV. The biggest reason for us is wewant to have a made in the USAproduct, Rivera said. 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. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. 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 company press release states the new facility will create up to 500 new jobs when it is fully operational. The Canadian company began manufacturing the Solo in China in 2020 and made deliveries of the small urban electric vehicle last year. ADVERTISEMENT The area will also be the home to the companys first US-based engineering technical centre. Please log in, or sign up for a new account and purchase a subscription to read or post comments. The luxury automaker is already looking to expand its footprint to phase two as well. Year-to-date Price performance of the companys stock appears to be pessimistic, given the fact the metric is recording 61.32%. For more information, visit azsuperbowl.com or follow @AZSuperBowl on Twitter, Instagram and Facebook. 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. a wide range of relevant stories and No pseudonyms or partial "I think this was a very natural place for us to come. Instead of a hatchback, this version of the car features a cargo box. SOLO is best experienced in the real world. Will the law or the Republican traitors prevail? 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. YouTube here. The public can see and touch the vehicle, ask questions and place pre-orders. Scooter Doll is a writer, designer and tech enthusiast born in Chicago and based on the West Coast. 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. It was once planned to be just the future manufacturer of its single-seat, three-wheel Solo model, but . Thats less than an hour south of Mesa. electrive.com is a newsservice ElectraMeccanica can produce 20,000 electric vehicles (EVs) annually . ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). 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. (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. The shares increased approximately by 36.86% in the 7-day charts and went up by 12.20% in the period of the last 30 days. ElectraMeccanica Arizona City, AZ (On Site) Full-Time. ElectraMeccanica will lease the building from developer MarWest Enterprises. 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. Notifications from this discussion will be disabled. The assembly and manufacturing plant includes a research center and lab on 18 acres near the airport in Mesa. Use the 'Report' link on The statement said that the plant is expected to generate 500 jobs. Submitting this form below will send a message to your email with a link to change your password. 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. Variable clouds with scattered thunderstorms. 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.. 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. First off, its HQ in Vancouver is a lot closer to Arizona than Tennessee. ElectraMeccanica now plans to operate 20 direct-to-consumer locations across 16 North American cities by the end of Q2 2021. SOLO is an experience. I hope they fire the Head of Designer. MESA, AZ ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. In that particular session, Stock kicked-off at the, CN Energy Group. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. Weve had three EV groundbreakings in the last 16 months, which is incredible, says Sandra Watson, president and CEO of the Arizona Commerce Authority. ElectraMeccanica Vehicles Corp. has selected Mesa, AZ for its U.S. based assembly facility and engineering technical center. The company says its new plant represents a major step and will serve as the company's new headquarters. In addition, long term Debt to Equity ratio is set at 0.09. 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. 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. With all of this history around 3-wheeled vehicles, many are skeptical of them, and the skepticism is probably not that fair. Mountain Mike . This decision is monumental for our business and will be transformative for our host city and state. But this is just one of the opportunities we have researched in our free report. For more information, please visit www.emvauto.com. 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. 5 min read. 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. 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. Wether they were the most important, most read or most talked about we want to make sure you read them. View source version on businesswire.com: https://www.businesswire.com/news/home/20230106005088/en/, Patrick PharrisPatrick@PharrisMedia.com (702) 491-7464, https://www.businesswire.com/news/home/20230106005088/en/. 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. On May 15, Vancouver, Canada-based ElectraMeccanica Vehicles Corp. broke ground on its first U.S.-based assembly facility and engineering technical. 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. Lets start up with the current stock price of Electrameccanica Vehicles Corp. (SOLO), which is $0.97 to be very precise. 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. Raw Stochastic average of Electrameccanica Vehicles Corp. in the period of last 50 days is set at 46.07%. 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. My thanks to ElectraMeccanica, the Arizona Commerce Authority, the City of Mesa and all involved in bringing this exciting project to Arizona.. Instead of trying to narrow the vehicle horizontally, Aptera narrowed the vehicle vertically and came up with an airplane-like design. Receive Laura Elder's Biz Buzz direct to your inbox every Sunday. 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. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities. 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. Its only built for one occupant, and can go up to 100 miles. Ford & CATL Factory Wont Be Built In Virginia. The companys flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). Copyright 2023 CleanTechnica. ElectraMeccanica Vehicles Corp. the Canadian maker of three-wheeled electric vehicles whose assembly facility is currently under construction in Mesa has announced an initial fleet purchase from a franchisee of a regional restaurant chain. ElectraMeccanica. Chance of rain 50%.. Generally clear. The SOLO is currently available for order here. PRICED AT $15,5001 MEET SOLO Now, Maricopa County has entered the EV market. Two Doors. Something went wrong while submitting the form. fordecision makersin the With this news, Arizona is quickly becoming a new hub for electric vehicle manufacturing. Beyond working to address commuting and traffic congestion challenges in the region, the Company intends to work with local municipalities to initiate a future pilotSOLOshare ecosystem in the Mesa and the greater Phoenix region. 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 led to seven bids from local authorities in prospective states. Zero Emissions. workday short, to the point, Either way, it seems like were are finally seeing some success for 3-wheeled vehicles. JA Solar announces plans to invest $60 million in a new Phoenix solar panel plant that will create more than 600 new jobs. Local authorities in prospective states takes a village to Do what we are doing, long Debt... For ElectraMeccanicas plan to ramp up production on its flagshipSOLOEV just one of the first Susan Docherty as. As the company & # x27 ; s new headquarters Either way, it seems like its starting to an... U.S.-Based assembly facility and engineering technical centre ford & CATL Factory Wont built! Price of electrameccanica Vehicles Corp. has selected two finalist sites within the Phoenix Arizona. 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