Plus, there are already a Tier 1 supply base and engineering partners coming here because of the other EV manufacturers. UACJ Whitehall, a leading supplier of precision extruded aluminum automotive components for EVs, recently announced that it will be opening a plant in Flagstaff, while Li-Cycle, a leader recycling of lithium-ion batteries, the type used in EVs, will build a facility in Gilbert. 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. 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 registered in the state for every 1,000 Arizona residents. Clearly, Lucid has planted roots in the red clay of Arizona and plans to remain there for the foreseeable future. One Seat. You can read further details here. 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 vehicles will help SBHC employees and volunteers to easily navigate crowded city streets and limited parking options. 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. May 17th, 2021 5:47 PM Share. The company says its new plant represents a major step and will serve as the companys new headquarters. Inc. (CNEY) is priced at $0.87 after the most recent trading session. This is an exciting move for a company bringing its flagship EV to market this year. Subscribe to Electrek on YouTube for exclusive videos and subscribe to the podcast. 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. 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. 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. Receive the latest Dear Abby column in your inbox each morning. 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. Subscribe to Email Newsletters And Breaking News Alerts, ElectraMeccanica Announces Partnership With Arizona Super Bowl Host Committee. every workday since 2013. 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. Real Names required. 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. With this news, Arizona is quickly becoming a new hub for electric vehicle manufacturing. With a top speed of 80 mph and a range of 100 miles, it will retail for $18,500. BMW iX review: How efficient is the BMW eSUV in real life? Chance of rain 50%.. Generally clear. The assembly and manufacturing plant includes a research center and lab on 18 acres near the airport in Mesa. In a press release today, ElectraMeccanica ($SOLO) announced the site for its US-based assembly facility. ir@emvauto.com, Internet Explorer presents a security risk. Start your drive at one of our display locations. 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.. 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. This could mean daily commutes, food deliveries, or ridesharing. Unlike the SOLO, Aptera promises up to 1,000 miles of range and has a second seat and cargo room, but at a cost of around $8,000 more. This will be a full-time position. 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. Our mail-out and online service cover Its just across the picket fence from a major airport, its next to a freeway that will get you to Southern California in half a day, theres a strong workforce here, and Arizona State University is just a stones throw away, he says. The other four companies have just as much potential. (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 area will also be the home to the companys first US-based engineering technical centre. Plans for this program will be forthcoming. Im not going to lie the first time I saw a photo of the SOLO, my first thought was that it was ugly. Another thing that probably makes this challenging is just how different 3-wheeled vehicles look and function. According to Mesa Mayor John Giles, the site offers a number of strategic advantages. The vehicles will help SBHC employees and volunteers to easily navigate crowded city streets and limited parking options. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. Be Proactive. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. ElectraMeccanica ultimately chose Arizona because of our abundant workforce, and our location with close proximity to California and Mexico is second to none, Watson explains. 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. 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. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. The second element is fleet and commercial use. When fully operational, we anticipate creating hundreds of new jobs for the local economy. Weve had three EV groundbreakings in the last 16 months, which is incredible, says Sandra Watson, president and CEO of the Arizona Commerce Authority. 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. The Phoenix, Arizona metro area seems like its starting to become an EV production and maintenance hot spot. Receive Laura Elder's Biz Buzz direct to your inbox every Sunday. Read more of this story from the Business Journal. After getting investor money, building three prototypes, and then getting more investor money, she disappeared for years, hiding in Dale, Texas and assuming another name. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Companys periodic reports filed from time-to-time with the SEC. First is a direct-to-consumer approach. Many of these factors are beyond the Companys ability to control or predict. HomeBusiness NewsHow ElectraMeccanicas $35M Mesa factory fuels Arizonas EV boom. Scooter Doll is a writer, designer and tech enthusiast born in Chicago and based on the West Coast. Mutual Fund and ETF data provided byRefinitiv Lipper. 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. We invite you to drive it yourself at one of our retail locations. Called it! 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. 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. March 23, 2021. Vehicles Presented to Committee at Kick-off Media Event. 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 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. You can ElectraMeccanica announced Docherty as CEO on Dec. 5. Were riding the macroeconomictailwinds right now.. If you forget it, you'll be able to recover it using your email address. 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. Gift this article. The confirmation puts a bookend on a year-long search that began in February of 2020. Currently, the company is promoting the vehicle at retail kiosks in malls throughout the state. The company's flagship vehicle is the innovative, purpose-built, single-seat. 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. 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. Interview with Mobilize CEO Clotilde Delbos: The car becomes a Lucid opens new retail centre in the Netherlands, Worlds largest electric ferry launches in Norway, Designwerk presents megawatt charging station, Possible battery problem with 10,000 VW ID.3 and ID.4, VW is reorganizing Quality and Design departments. Companies testing their cars at proving grounds in the state include GM, Ford, Toyota, VW, Chysler and Nissan. 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. ElectraMeccanica now plans to operate 20 direct-to-consumer locations across 16 North American cities by the end of Q2 2021. No matter how you measure the efficiency, thats pretty amazing. 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 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. The companys flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. Use the 'Report' link on The trouble with 3-wheeled vehicles goes back decades further, with one notable example being the Twentieth Century Motor Car Corporations Dale. My thanks to ElectraMeccanica, the Arizona Commerce Authority, the City of Mesa and all involved in bringing this exciting project to Arizona. Weve had three EV groundbreakings in the last 16 months, which is incredible, says Sandra Watson, president and CEO of the, Here whats driving the rising PHX East Valley economy. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). Click here to download your Free Copy. YouTube here. This is the name that will be used to identify you within the system. In a high-profile case, she was extradited to California and sentenced to 18 months in a mens prison. Secondly, the companys current retail locations are in Oregon, California, and Arizona. The $35 million plant will bring 500 high-tech, high-value jobs to the community. 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.. 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 role will work out of 8127 E Ray Road, Mesa, AZ 85212. RELATED COVERAGE: Report:. Oops! How Do You Charge An Electric Car At Home? 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 registered in the state for every 1,000 Arizona residents. 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. For more information, please visit www.emvauto.com. ElectraMeccanica is the fifth electric vehicle manufacturing plant to open in Arizona since 2016. Get a link to the latest e-Edition delivered to your inbox each morning. She worked with Dale Clift to build a few prototypes for a lightweight 3-wheeled vehicle that could achieve 80 MPG using a motorcycle engine. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. This is the center of gravity of the electric vehicle market," Brink said. She said the decision was one of the first Susan Docherty made as CEO. 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 . 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. ElectraMeccanica is unique in launching a three-wheeled EV that can hit 80 mph with 100 miles of range. Thats less than an hour south of Mesa. About the Arizona Super Bowl Host Committee. Supplying the electric vehicle boom and potentially driving its stock price off the charts. Tesla Model Y #1 Overall! The companys flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. Receive the most recent obituaries every afternoon. 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. Receive an email notification each time resident weather expert Stan Blazyk writes a new article. Only four other sites (South Florida, New Orleans, Los Angeles, and Tampa Bay) hold this distinction. 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. ElectraMeccanica Vehicles Corp. 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