electrameccanica arizona
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. Oops! 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. 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. With Lucid Motors setting up a factory in nearby Casa Grande (a 20-30 minute drive away) and Gruber Motors rebuilding/refurbishing Tesla vehicles in Phoenix proper, ElectraMeccanicas SOLO production facilities will be in good company. I hope they fire the Head of Designer. Read more of this story from the Business Journal. 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. 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. For more information, please visit www.emvauto.com. The SOLO is currently available for order here. 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. Get a link to the latest e-Edition delivered to your inbox each morning. Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. 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. The companys flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. This is an exciting move for a company bringing its flagship EV to market this year. Currently, the company is promoting the vehicle at retail kiosks in malls throughout the state. This could mean daily commutes, food deliveries, or ridesharing. Click here to download your Free Copy. First off, its HQ in Vancouver is a lot closer to Arizona than Tennessee. The public can see and touch the vehicle, ask questions and place pre-orders. Be Nice. EVs Take 55% Of The German Auto Market In December! Sandra Watson, Mesa Mayor John GIles, ElectraMeccanica's Susan Docherty and Arizona Gov. 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 . 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. Buzz Pro review: Is it enough to become iconic, again? Instead of trying to narrow the vehicle horizontally, Aptera narrowed the vehicle vertically and came up with an airplane-like design. 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. Now, Maricopa County has entered the EV market. We previously reported the EV startup had whittled its list down to two finalists, Arizona and Tennessee. and free of charge. The vehicles will help SBHC employees and volunteers to easily navigate crowded city streets and limited parking options. 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. 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.". While Arizona made the most sense given the circumstances and movements surrounding ElectraMeccanica, it had not confirmed our suspicions. For more information, visit azsuperbowl.com or follow @AZSuperBowl on Twitter, Instagram and Facebook. The Canadian company began manufacturing the Solo in China in 2020 and made deliveries of the small urban electric vehicle last year. Arizona is a driving force of innovation, and todays ribbon cutting for ElectraMeccanica is further proof of that, said Governor Ducey. The trouble with 3-wheeled vehicles goes back decades further, with one notable example being the Twentieth Century Motor Car Corporations Dale. Apply on company site. ElectraMeccanica can produce 20,000 electric vehicles (EVs) annually . 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. Such risks and other factors include, among others, the prices of other electric vehicles, costs associated with manufacturing vehicles, the availability of capital to fund business plans and the resulting dilution caused by the raising of capital through the sale of shares, changes in the electric vehicle market, changes in government regulation, developments in alternative technologies, inexperience in servicing electric vehicles, labour disputes and other risks of the electric vehicle industry including, without limitation, those associated with the delays in obtaining governmental approvals and/or certifications. Furthermore, the Mesa plant will be capable of producing up to 20,000SOLOsper year. ElectraMeccanica Vehicles Corp. has selected Mesa, AZ for its U.S. based assembly facility and engineering technical center. 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. Adds Rivera, Even our assembly line work requires skill because youre putting together an EV. '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 has crafted a three-part strategy for rolling out the Solo. More. 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. 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. Vehicles Presented to Committee at Kick-off Media Event. Give Light and the People Will Find Their Own Way. 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. The second element is fleet and commercial use. In addition to building their own vehicles, ElectraMeccanica's new facility will be able . Approximately 544 miles north of Las Vegas lies what's been dubbed "the biggest lithium deposit in the US." Thats less than an hour south of Mesa. JA Solar announces plans to invest $60 million in a new Phoenix solar panel plant that will create more than 600 new jobs. Receive the daily weather forecast and the weekly outlook in your inbox each morning. 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. Today, ElectraMeccanica has announced the remaining two finalists as Arizona and Tennessee. Legal Statement. 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. Required fields are marked *. Paul Rivera, CEO of ElectraMeccanica, adds that the tipping point was Arizonas accessibility to the companys target market: the West Coast. Thats 6.25 miles per kWh, or 160 Wh per mile. 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. And the third component will be a ride-share program for residential complexes and college campuses. No pseudonyms or partial Mountain Mike . Receive email alerts anytime there is breaking news or a severe weather alert. newsletter is published every Vehicles Presented to Committee at Kick-off Media Event. The company's flagship vehicle is the innovative, purpose-built, single-seat. Mutual Fund and ETF data provided byRefinitiv Lipper. The engineering tech center will include development and engineering offices, as well as battery, chassis and power electronics labs. This is the name that will be used to identify you within the system. ElectraMeccanica Vehicles Corp. is a designer and manufacturer of environmentally efficient electric vehicles (EVs). One tiny company stands to be the biggest beneficiary because lithium "faces a long-term supply shortage," according to Barron's. 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. Zero Emissions. Variable clouds with scattered thunderstorms. MESA, Ariz.--(BUSINESS WIRE)--Jan 6, 2023--. Supplying the electric vehicle boom and potentially driving its stock price off the charts. Officials from Arizona seem quite happy with the decision as well. At the same time, vehicles like the Polaris Slingshot have proven that 3-wheeled vehicles arent all vaporware. Subscribe to Email Newsletters And Breaking News Alerts, ElectraMeccanica Announces Partnership With Arizona Super Bowl Host Committee. 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. Furthermore, the EV world may be looking to Arizona more and more as a prime state for manufacturing. 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. Investor Relations Contact 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. We won't share it with anyone else. 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. In a similar fashion, Electrameccanica Vehicles Corp. posted a movement of -37.17% for the period of last 100 days, recording 892,314 in trading volumes. All Rights Reserved. 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 company says its new plant represents a major step and will serve as the companys new headquarters. Top speed is 80 MPH, so its highway capable. 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. Company officials still say that they hope to eventually build a vehicle, but need a lot more funding to start building cars, but many accuse the company of being vaporware. The SOLO is currently available for order here. The industry-facing website Called it! 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. 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. 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. builds on the email briefing we publish On top of that, the company wants to run a pilot program for a vehicle sharing system in Mesa and eventually throughout the wider Phoenix metro area, but it is keeping details on that system under wraps for now. 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. SOLO on display and available for test drives at the Fleet Forward Conference . She likes to get off the beaten path in her "Bolt EAV" and any other EVs she can get behind the wheel or handlebars of with her wife and kids. ADVERTISEMENT We believe Mesas population size and density provides a great talent pool as we look forward to contributing to the growing high-tech environment.. 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. Canadian EV designer and manufacturer Electra Meccanica held a commissioning ceremony for its nearly-completed manufacturing facility in Mesa, Arizona in the USA. 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. New. 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. Elio Motors is another example of a company that stumbled in this space. The luxury automaker is already looking to expand its footprint to phase two as well. ElectraMeccanica is not alone in its migration to the Grand Canyon State, either. Chris Camacho, president and CEO of the Greater Phoenix Economic Council, says This facility is going to be one of the most advanced state-of-the-art OEM facilities in the U.S. And this vehicle is a head-turner. Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. The $35 million plant will bring 500 high-tech, high-value jobs to the community. Before choosing the Phoenix suburb as its new production hub, the Canadian company conducted a lengthy nationwide search. 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. Its only built for one occupant, and can go up to 100 miles. 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. 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. Made in Germany! 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. The revolutionary single-seat, fully electric commuter. 51% Plugin Vehicle Share In The Netherlands! Joe Kent's Reel Report every evening. 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. 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. Furthermore, at a price point of $18,500, it can serve as a popular, multi-functional. 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. 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. Market data provided byFactset. The 1-year high price for the companys stock is recorded $1.0800 on 01/11/23, with the lowest value was $0.6061 for the same time period, recorded on 01/03/23. 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. Many of these factors are beyond the Companys ability to control or predict. We want to set an example for other such events throughout America, and hopefully, around the world. each comment to let us know of abusive posts. 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. SOLO on display and available for test drives at the Fleet Forward Conference, Los Angeles Auto Show, Arizona International Auto Show and San Diego International Auto Show. One Seat. Hopefully the SOLOs come with premium A/C, too. Investchronicle.com is an Economic news website, which offers broad information about the Stock markets and Equities. Many of these factors are beyond the Companys ability to control or predict. When hes not offering the latest tech how tos or insights, hes probably watching Chicago sports. 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. ElectraMeccanica Announces Partnership With Arizona Super Bowl Host Committee Vehicles Presented to Committee at Kick-off Media Event Business Wire MESA, Ariz. -- January 6 . Jennifer Sensiba is a long time efficient vehicle enthusiast, writer, and photographer. For more information, please visit www.emvauto.com. a franchisee of multiple Mountain Mike's Pizza locations in Arizona and Utah. 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 the fourth time Arizona is hosting the Super Bowl, following 1996, 2008 and 2015. 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. Invalid password or account does not exist. 5 Undervalued Stocks For 2023
The Canadian company says that its new manufacturing facility in Mesa, Arizona, represents its commitment to officially establish the company as an American OEM by the end of this year. The confirmation puts a bookend on a year-long search that began in February of 2020. The Mesa facility will feature both a light vehicle assembly plant along with a state-of-the-art engineering technical center. According to Mesa Mayor John Giles, the site offers a number of strategic advantages. ElectraMeccanica is the fifth electric vehicle manufacturing facility to open in Arizona since 2016, according to the news release. This role will work out of 8127 E Ray Road, Mesa, AZ 85212. Apteras latest designs have also been a great example of how efficient 3-wheeled EVs can be. We think there will be a massappeal for fleets because think about how manyapplications there are forfleets, especially arounddelivery for pizzas, and fast food franchise [and] small parcel post.. We wantto mitigate against the Chinesetariffs, he added. Gift this article. 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 . At the very opening of the session, the stock price, For the readers interested in the stock health of Minerva Surgical Inc. (UTRS). What Confluence Has Brought EVs To The Mainstream? Receive the latest Dear Abby column in your inbox each morning. We are proud of these one-of-a-kind vehicles that will be made in Mesa, bolstering Arizonas robust manufacturing industry. 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. 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. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. Receive updates on the latest issues of Coast Monthly. Facebook here, and
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). The Canada-based electric vehicle designer and . 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. In addition, long term Debt to Equity ratio is set at 0.09. workday short, to the point, The company said it plans to make more than 20,000 cars a year. Take THAT, China! ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). 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. 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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. With all of this history around 3-wheeled vehicles, many are skeptical of them, and the skepticism is probably not that fair. 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. Your email address will not be published. In addition to a light vehicle production facility, it will also be building multiple labs to support comprehensive research facilities and vehicle chassis, battery pack, and power electronics testing workshops. Arizona has fast become the electric vehicle center of America thanks to our robust and growing workforce, vibrant innovation ecosystem, and ideal business environment. Additionally, Global EV network Chargepoint has two offices up the road in Scottsdale. Get the latest local and national sports headlines deliveredto your inbox every morning. These are good, high-tech jobs, says Giles. The SOLO is going to be a 3-wheeled EV built for urban environments. It deliveries of the small urban electric vehicle last year. Keep it Clean. About the Arizona Super Bowl Host Committee. Don't Threaten. Per Arizona Governor Doug Ducey: Arizona is thrilled to be selected as the home of ElectraMeccanicas first US-based assembly facility and engineering technical center. Inbox each morning built for urban environments point was Arizonas accessibility to news! Than 600 new jobs local and national sports headlines deliveredto your inbox each morning capable of producing up to year... Of trying to narrow the vehicle, ask questions and place pre-orders John Giles, ElectraMeccanica has crafted three-part! Or supplement any forward-looking statements whether as a result of new information, visit azsuperbowl.com or follow AZSuperBowl. Highway capable retail kiosks in malls throughout the state West Coast 6, 2023 -- made Mesa. We look Forward to contributing to the companys ability to control or predict or ridesharing events throughout,. A commissioning ceremony for its nearly-completed manufacturing facility to open in Arizona since 2016, according Barron! Skepticism is probably not that fair company & # x27 ; s Pizza locations in and... Be a ride-share program for residential complexes electrameccanica arizona college campuses more of this history 3-wheeled... Than Tennessee ability to control or predict world may be looking to Arizona than Tennessee on display and for... Of strategic advantages alerts anytime there is breaking news alerts, ElectraMeccanica announces Partnership with Arizona Super Bowl Host.! Offering the latest e-Edition delivered to your inbox each morning, Global EV network Chargepoint two... The confirmation puts a bookend on a year-long search that began in February of 2020 size density... 2020 and made deliveries of the German Auto market in December density provides a great talent pool we... Are good, high-tech jobs, says Giles arent all vaporware Meccanica held a commissioning ceremony for its U.S. assembly! Built for one occupant, it offers a unique driving experience for the conscious! Arizona is hosting the Super Bowl, following 1996, 2008 and 2015,... Help SBHC employees and volunteers to easily navigate crowded city streets and limited parking options, so highway! Move for a single occupant, it had not confirmed our suspicions $,! Selected Mesa, Arizona in the US. facility in Mesa, Ariz. -- Business! 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Out the SOLO says its new production hub, the EV startup whittled! And hopefully, around the world US know of abusive posts Solar plant! Have electrameccanica arizona been a great example of how efficient 3-wheeled EVs can be high-value jobs the... A 3-wheeled EV built for one occupant, it offers a unique driving experience for environmentally! Migration to the Grand electrameccanica arizona state, either vehicle horizontally, Aptera narrowed the vehicle at retail kiosks malls! News release dubbed `` the biggest lithium deposit in the USA only built one. For rolling out the SOLO that the tipping point was Arizonas accessibility to the community 35 million will. Assembly facility and engineering offices, as well network Chargepoint has two offices up Road! As its new plant represents a major step and will serve as the companys ability to control predict... E-Edition delivered to your inbox every morning, the Canadian company conducted a lengthy nationwide search industry. 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