VANCOUVER — Canadian EV maker ElectraMecannica Vehicles Corp. says it will officially launch production of its Solo three-wheel electric vehicle Aug. 26 at its manufacturing partner in China.
Similarly, Where is the ElectraMeccanica made?
The plant, which is expected to employ 500 people, is being constructed at 8127 E. Ray Road in Mesa. The $35 million factory, which broke ground in May 2021, was expected to open in the spring of 2022.
What does solo company do? Company Overview
(NASDAQ: SOLO) is a Canadian designer and manufacturer of electric vehicles. The company’s flagship vehicle is the innovative purpose built, single-seat electric vehicle called the SOLO. This vehicle will revolutionize commuting, delivery and shared mobility.
Thereof, What is a solo car?
The ElectraMeccanica SOLO EV is an electric car that can travel 100 miles on a full charge. Yes, it’s a one-seater with three wheels, but it has the creature comforts of a full-sized vehicle.
Where is solo car made?
(NASDAQ: SOLO) (“ElectraMeccanica” or the « Company »), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today announced that the 2023 SOLO EV – to be assembled at the Company’s Mesa Manufacturing Facility in Arizona for delivery to the public in late 2022 – is now undergoing …
What is a SOLO car?
The ElectraMeccanica SOLO EV is an electric car that can travel 100 miles on a full charge. Yes, it’s a one-seater with three wheels, but it has the creature comforts of a full-sized vehicle.
Where are SOLO cars made?
The Solo BEV is currently still manufactured in China, where production launched in August last year. Interestingly enough, the vehicles manufactured in China are all destined for the North American market, with the first targeted markets being Southern California, Scottsdale, Arizona and Portland, Oregon.
Who owns SOLO stock?
Top 10 Owners of Electrameccanica Vehicles Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| Invesco Capital Management LLC | 6.70% | 7,950,863 |
| Millennium Management LLC | 1.76% | 2,082,751 |
| SSgA Funds Management, Inc. | 1.23% | 1,460,979 |
| Susquehanna Financial Group LLLP | 0.76% | 904,908 |
Is SOLO an EV stock?
(SOLO) Stock Price, News, Quote & History – Yahoo Finance.
…
Performance Outlook.
| Market Cap | 228.919M |
|---|---|
| Beta (5Y Monthly) | 2.45 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.3700 |
| Earnings Date | May 11, 2022 – May 16, 2022 |
How fast does a SOLO car go?
The SOLO EV was specifically designed with commuting and deliveries in mind, as its compact size makes it perfect for urban driving conditions. That being said, its 100-mile range and top speed of 80 mph allows for highway travel as well.
How safe is SOLO car?
The SOLO has a range of 100 miles and a top speed of 80 mph, making it safe for highways. 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.
How much does SOLO cost?
Priced at $18,500 (before destination) to start when it hits dealers in Arizona, California, and Oregon this spring, the Solo is a single-seat commuter « car » designed to thrive in congested urban markets.
Who makes the Kandi K27?
| Kandi K27 | |
|---|---|
| Overview | |
| Manufacturer | Kandi Technologies |
| Also called | Lingbao Box SiTECH AEVs |
| Production | 2018–present |
Is SOLO car safe?
The SOLO has a range of 100 miles and a top speed of 80 mph, making it safe for highways. 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.
Can you buy a SOLO car?
The ElectraMeccanica Solo starts at $18,500 in the US, but the Canadian company has retail outlets in only five western states: Arizona, California, Colorado, Oregon, and Washington. Customers can reserve a Solo by paying a $250 fully refundable deposit.
How much does the new SOLO car cost?
With prices starting at $18,500, Solo EV is not the low-cost, high-volume electric car we’ve been hoping for. In a world where a base 2021 Nissan Sentra (with four doors and five seats) starts at $20,000, Solo EV is a niche vehicle for a niche market.
What is the future of ElectraMeccanica?
At CES 2022, ElectraMeccanica will showcase three SOLO EV variants, including an all-new, conceptual refresh of its flagship, single-seat SOLO EV. Refreshed elements – such as a redesign of the vehicle’s dashboard – were added to improve and optimize overall driver experience and convenience.
Can you buy a solo car?
The ElectraMeccanica Solo starts at $18,500 in the US, but the Canadian company has retail outlets in only five western states: Arizona, California, Colorado, Oregon, and Washington. Customers can reserve a Solo by paying a $250 fully refundable deposit.
Who made solo car?
About ElectraMeccanica Vehicles Corp.
The company’s flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility.
Who owns the most of Solo stock?
Largest shareholders include Invesco Ltd., PBW – Invesco WilderHill Clean Energy ETF, Millennium Management Llc, State Street Corp, Morgan Stanley, Susquehanna International Group, Llp, HAIL – SPDR S&P Kensho Smart Mobility ETF, Rafferty Asset Management, LLC, MOON – Direxion Moonshot Innovators ETF, and Baird …
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