electrameccanica arizona

Last but not least, previous interviews revealed ElectraMeccanicas CEO Paul Rivera lives in Arizona. FTC: We use income earning auto affiliate links. 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. We wantto mitigate against the Chinesetariffs, he added. 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. We invite you to drive it yourself at one of our retail locations. In addition, long term Debt to Equity ratio is set at 0.09. Furthermore, at a price point of $18,500, it can serve as a popular, multi-functional. Don't Threaten. Alright, enough gloating. Ford & CATL Factory Wont Be Built In Virginia. Called it! My thanks to ElectraMeccanica, the Arizona Commerce Authority, the City of Mesa and all involved in bringing this exciting project to Arizona.. 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. The vehicle will sell for $18,500, so its going to be pretty affordable. 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. This decision is monumental for our business and will be transformative for our host city and state. 51% Plugin Vehicle Share In The Netherlands! In the last 20 days, the companys Stochastic %K was 89.11% and its Stochastic %D was recorded 92.00%. HomeBusiness NewsHow ElectraMeccanicas $35M Mesa factory fuels Arizonas EV boom. entering your email below. Choose wisely! Subscribe to Email Newsletters And Breaking News Alerts, ElectraMeccanica Announces Partnership With Arizona Super Bowl Host Committee. Please log in, or sign up for a new account and purchase a subscription to read or post comments. Quotes displayed in real-time or delayed by at least 15 minutes. Your real name will be displayed next to your photo for comments, blog posts, and more! Events include: For more information, please visit: https://bit.ly/3DMrUsm. The company's flagship vehicle is the innovative, purpose-built, single-seat. March 23, 2021. 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. 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/. 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. This is an exciting move for a company bringing its flagship EV to market this year. Were riding the macroeconomictailwinds right now.. Facebook here, and This is the center of gravity of the electric vehicle market," Brink said. It was originally meant to be acommuter vehicle, but think about everything that you do byyourself, you can get groceries byyourself, you go to Pilates by yourself, to the gym, you govisit friends by yourself., He went on to say that the price point is $18,500 andthe SOLO EV has a 100-mile all urbanrange, an80-mile-per-hour top speed andit has a lot of the same comfortfeatures as a typical car.. 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. Please avoid obscene, vulgar, lewd, Other electric car manufactures in the state include luxury. Canadian EV designer and manufacturer Electra Meccanica held a commissioning ceremony for its nearly-completed manufacturing facility in Mesa, Arizona in the USA. Vehicles Presented to Committee at Kick-off Media Event. 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. 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 . Joe Kent's Reel Report every evening. This material may not be published, broadcast, rewritten, or redistributed. '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. Within each finalist state, the Company has selected two finalist sites within the Phoenix, AZ metro . 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. ElectraMeccanica is not alone in its migration to the Grand Canyon State, either. Your account has been registered, and you are now logged in. Receive the daily weather forecast and the weekly outlook in your inbox each morning. May 17th, 2021 5:47 PM Share. The Stock rose vividly during, At the end of the latest market close, Annaly Capital Management Inc. (NLY) was valued at $22.70. Today, ElectraMeccanica has announced the remaining two finalists as Arizona and Tennessee. When the transactions were called off. She grew up around a transmission shop, and has been experimenting with vehicle efficiency since she was 16 and drove a Pontiac Fiero. ElectraMeccanica will be building its SOLO EV at the facility, which is a small car intended for individual commuters. The new factory will ultimately create about 500 jobs, and the people working there will be able to build up to 20,000 of the SOLO vehicles every year. 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. Get the newsletter and be the first to hear about events, promotions, and updatesin the world of ElectraMeccanica. 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. ElectraMeccanica is unique in launching a three-wheeled EV that can hit 80 mph with 100 miles of range. Following a year-long nationwide search, which included about a dozen locations in the Greater Phoenix region, Mesa eventually won out over Nashville, Tennessee. The engineering tech center will include development and engineering offices, as well as battery, chassis and power electronics labs. It takes a village to do what we are doing. Thank you to the entire ElectraMeccanica team, Sandra Watson and her team at the Arizona Commerce Authority, Mayor Giles and the City of Mesa, and local leaders for your support on this important project.. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. Investor Relations Contact The industry-facing website The Canada-based electric vehicle designer and . We want to set an example for other such events throughout America, and hopefully, around the world. It was once planned to be just the future manufacturer of its single-seat, three-wheel Solo model, but ElectraMeccanica . Made in Germany! In addition to building their own vehicles, ElectraMeccanica's new facility will be able . The Mesa facility will feature both a light vehicle assembly plant along with a state-of-the-art engineering technical center. 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. 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. GET FOX BUSINESS ON THE GO BY CLICKING HERE, So theres a lot of electricvehicles coming into the spaceright now. On May 15, Vancouver, Canada-based ElectraMeccanica Vehicles Corp. broke ground on its first U.S.-based assembly facility and engineering technical center in Mesa. (adsbygoogle = window.adsbygoogle || []).push({}); Subscribe to electrive today by With all of this history around 3-wheeled vehicles, many are skeptical of them, and the skepticism is probably not that fair. These are good, high-tech jobs, says Giles. We want to set an example for other such events throughout America, and hopefully, around the world. Apply on company site. Don't knowingly lie about anyone New. The companys flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. 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. 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. Advertise with CleanTechnica to get your company in front of millions of monthly readers. Copyright 2023 CleanTechnica. Threats of harming another READ ALSO:Here whats driving the rising PHX East Valley economy, Arizona is a magnet for auto innovation. But this is just one of the opportunities we have researched in our free report. Year-to-date Price performance of the companys stock appears to be pessimistic, given the fact the metric is recording 61.32%. Mutual Fund and ETF data provided byRefinitiv Lipper. Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. The SOLO is currently available for order here. Eyes will be on ElectraMeccanica as it implements its new US facility and launches the SOLO EV. MASSIVE Electric Bike Buyers Guide All the Biggest Brands & Models, NIO ES8 The Chinese Electric SUV Outselling The Tesla Model X, Nukes, Renewables, and the Union of Concerned Scientists, Reality Check Correcting the Cleantech Record, Solar Panel Installers Top Solar Panel Installers & How To Evaluate Them, Switching to an Electric Fleet Learn About Charging, Payments, & More, Testimonials: Why Readers Love CleanTechnica, ElectraMeccanicas SOLO production facilities will be in good company, Twentieth Century Motor Car Corporations Dale, CleanTechnica Member, Supporter, Technician, or Ambassador. This center will be erected with multiple labs for comprehensive research. This could mean daily commutes, food deliveries, or ridesharing. ElectraMeccanica Announces Partnership With Arizona Super Bowl Host Committee Vehicles Presented to Committee at Kick-off Media Event Business Wire MESA, Ariz. -- January 6 . When hes not offering the latest tech how tos or insights, hes probably watching Chicago sports. person will not be tolerated. 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. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. Doug Ducey attend the commissioning ceremony for the company's Mesa plant. 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. and free of charge. ElectraMeccanica Vehicles Corp. is a designer and manufacturer of environmentally efficient electric vehicles (EVs). The trouble with 3-wheeled vehicles goes back decades further, with one notable example being the Twentieth Century Motor Car Corporations Dale. Two Doors. 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. SOLO on display and available for test drives at the Fleet Forward Conference . a wide range of relevant stories and Furthermore, the EV world may be looking to Arizona more and more as a prime state for manufacturing. 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. 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. 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. favorite_border. Only four other sites (South Florida, New Orleans, Los Angeles, and Tampa Bay) hold this distinction. Get the latest local and national sports headlines deliveredto your inbox every morning. 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. The company has been looking for the right city to build its headquarters and production facilities for about a year. 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. Stand behind what you post. The SOLO is currently available for order here. According to Mesa Mayor John Giles, the site offers a number of strategic advantages. This led to seven bids from local authorities in prospective states. One Seat. Receive special offers from The Daily News and select partners including discounts, contests and more. Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. Either way, it seems like were are finally seeing some success for 3-wheeled vehicles. 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. across Europe and beyond. Its about time! 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