Rivera noted on Tuesday that it is also really appealing for commercial fleet and utility applications. a franchisee of multiple Mountain Mike's Pizza locations in Arizona and Utah. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. These are good, high-tech jobs, says Giles. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Currently, the company is promoting the vehicle at retail kiosks in malls throughout the state. a wide range of relevant stories and Highest Fuel Economy Cars in 2023 U.S. DOE Releases Top 10 Lists For Model Year 2023, Geely Group Sales Of Electrified & Clean Alternative Fuel Vehicles Doubled To 675,000+ Units, 29% Of Sales, Mahindra Launches Its First C-Segment Electric SUV, The XUV400, Starting At $19,500, 2023 Chevrolet Bolt EUV Premier Redline Edition Video Review, Renault Megane E-Tech Electric Review 1st Impressions, Volvo C40 Recharge Review 1st Impressions, MG5 Station Wagon EV Long Range Review 1st Impressions, UKs EV Share Hits 40% In December Tesla Model Y Overall Bestseller, 100 Best Selling BEVs in 10 European Countries. Top speed is 80 MPH, so its highway capable. 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. 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. This is the center of gravity of the electric vehicle market," Brink said. 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. ir@emvauto.com, Internet Explorer presents a security risk. The second element is fleet and commercial use. ElectraMeccanica is the fifth electric vehicle manufacturing plant to open in Arizona since 2016. Lets start up with the current stock price of Alamos Gold Inc. (AGI), which is $10.76 to be very precise. ElectraMeccanica. SOLO is best experienced in the real world. Lets start up with the current stock price of Electrameccanica Vehicles Corp. (SOLO), which is $0.97 to be very precise. As of October, the state has added 14,100 manufacturing jobs in 2022 with a growth rate over double the percentage of the national average, according to the Arizona Commerce Authority. Your purchase was successful, and you are now logged in. Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. MESA, AZ ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. 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. 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. The Canadian company began manufacturing the Solo in China in 2020 and made deliveries of the small urban electric vehicle last year. Choose wisely! It deliveries of the small urban electric vehicle last year. Invalid password or account does not exist. The revolutionary single-seat, fully electric commuter. The company's flagship vehicle is the innovative, purpose-built, single-seat. Will the law or the Republican traitors prevail? Receive the most recent obituaries every afternoon. racist or sexually-oriented language. ElectraMeccanica announced Docherty as CEO on Dec. 5. May 17th, 2021 5:47 PM Share. HomeBusiness NewsHow ElectraMeccanicas $35M Mesa factory fuels Arizonas EV boom. It takes a village to do what we are doing. 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. At least until now. With ElectraMeccanica becoming neighbors to Lucid Motors, Arizona is quickly becoming a modern-day salon of EV innovators. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. Total Debt to Equity Ratio (D/E) can also provide valuable insight into the companys financial health and market status. She grew up around a transmission shop, and has been experimenting with vehicle efficiency since she was 16 and drove a Pontiac Fiero. 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. VANCOUVER, British Columbia, October 06, 2022--ElectraMeccanica Secures License to Sell SOLO EV in Arizona The area will also be the home to the companys first US-based engineering technical centre. Capitol Police officer should have been fired, at least, Paxton has good reason to seek LGBTQIA information, We voters should ensure Jan. 6 was Trump's swansong, Daily News convenes newly configured editorial board, We must all stand up for freedom here and in Ukraine, Guest editorial, The Washington Post: Trump's avoidance the least of the problem. ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. For more information, please visit www.emvauto.com. Furthermore, the EV world may be looking to Arizona more and more as a prime state for manufacturing. Supplying the electric vehicle boom and potentially driving its stock price off the charts. Receive the latest Dear Abby column in your inbox each morning. Receive an email notification each time resident weather expert Stan Blazyk writes a new article. 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 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. 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 . Zero Emissions. 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. Featuring an eye-catching three-wheel design, the tadpole-style commuter car is designed for a single passenger. 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Google, Ford, GM, & Solar Companies Partner To Promote Scaling Of Virtual Power Plants, Vehicle-To-Grid Solutions Could Open Fast Lane To Net-Zero Future, From Hyundai Kona EV to Tesla Model Y Standard Range, USAs 1st Vehicle-To-Grid Export Rate For Commercial Electric Vehicles, Shyft Group Shows Off Its Blue Arc Electric Last Mile Delivery Vehicle To Customers, Mazdas Rotary Range Extender Might Succeed Where Others Have Failed, Dont Fall For Aerodynamic Junk Science When Shopping Trailers (Part 2), Dont Fall For Aerodynamic Junk Science When Shopping For Trailers (Especially For Your EV), The Magic of Heat Pumps: Transforming Homes & Combating Climate Change. All Rights Reserved. Our mail-out and online service cover entering your email below. 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. 2023 Electra Meccanica. About the Arizona Super Bowl Host Committee. 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 Three Wheels. 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. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. 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.". 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. Instead of a hatchback, this version of the car features a cargo box. each comment to let us know of abusive posts. Just the fact that theres a lot of EVs in Los Angeles, San Francisco and up the coast in Washington and Oregon, made this location ideal for us. The luxury automaker is already looking to expand its footprint to phase two as well. 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. 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. Made in Germany! MESA, AZ ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. The vehicle will sell for $18,500, so its going to be pretty affordable. 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. Its going to be a homerun for companies that are in fast food, pizza or grocery deliveries; security companies that monitor parking lots and communities, Rivera says. The company press release states the new facility will create up to 500 new jobs when it is fully operational. 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. Your email address will not be published. Read more of this story from the Business Journal. New. Raw Stochastic average of Electrameccanica Vehicles Corp. in the period of last 50 days is set at 46.07%. 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. Joe Kent's Reel Report every evening. We hope to continue this momentum.. For more information, please visit www.emvauto.com. 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. Please log in, or sign up for a new account and purchase a subscription to read or post comments. 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. The biggest reason for us is wewant to have a made in the USAproduct, Rivera said. names allowed. 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. Receive the daily weather forecast and the weekly outlook in your inbox each morning. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. Take THAT, China! Adds Rivera, Even our assembly line work requires skill because youre putting together an EV. 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. Advertise with CleanTechnica to get your company in front of millions of monthly readers. This role will work out of 8127 E Ray Road, Mesa, AZ 85212. Your email address will not be published. It only goes 100 miles, but it does that on only about 16 kWh of battery. Phoenix ranks as the fifth largest city in the U.S. according to 2020 census data, with nearly 1.8 million residents. 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. Sandra Watson, Mesa Mayor John GIles, ElectraMeccanica's Susan Docherty and Arizona Gov. (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. This is the fourth time Arizona is hosting the Super Bowl, following 1996, 2008 and 2015. Aptera is a great example of this, as the company failed almost a decade ago before coming back to life in the last two years. Arizona has fast become the electric vehicle center of America thanks to our robust and growing workforce, vibrant innovation ecosystem, and ideal business environment. Get a link to the latest e-Edition delivered to your inbox each morning. Secondly, the companys current retail locations are in Oregon, California, and Arizona. '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. FTC: We use income earning auto affiliate links. Subscribe to Email Newsletters And Breaking News Alerts, ElectraMeccanica Announces Partnership With Arizona Super Bowl Host Committee. Furthermore, at a price point of $18,500, it can serve as a popular, multi-functional. ElectraMeccanica Arizona City, AZ (On Site) Full-Time. ADVERTISEMENT The Stock rose vividly during, At the end of the latest market close, Annaly Capital Management Inc. (NLY) was valued at $22.70. The Mesa facility will feature both a light vehicle assembly plant along with a state-of-the-art engineering technical center. 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. 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 assembly and manufacturing plant includes a research center and lab on 18 acres near the airport in Mesa. ElectraMeccanica is the fifth electric vehicle manufacturing plant to open in Arizona since 2016. Tesla Model Y #1 Overall! 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. Click here to download your Free Copy. EVs Take 55% Of The German Auto Market In December! 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. The company has been looking for the right city to build its headquarters and production facilities for about a year. The $35 million plant will bring 500 high-tech, high-value jobs to the community. 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. Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. When fully operational, we anticipate creating hundreds of new jobs for the local economy. The trouble with 3-wheeled vehicles goes back decades further, with one notable example being the Twentieth Century Motor Car Corporations Dale. This announcement comes just months after a rapid retail expansion in the US. Copyright 2022 Scripps Media, Inc. All rights reserved. Now, Maricopa County has entered the EV market. The public can see and touch the vehicle, ask questions and place pre-orders. Lucid Motors is on the cusp of full-fledged production at its AMP-1 facility in Casa Grande. Quotes displayed in real-time or delayed by at least 15 minutes. 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. Instead of trying to narrow the vehicle horizontally, Aptera narrowed the vehicle vertically and came up with an airplane-like design. builds on the email briefing we publish If you forget it, you'll be able to recover it using your email address. Legal Statement. ElectraMeccanica can produce 20,000 electric vehicles (EVs) annually . One of the criteria that the company was looking for was workforce, and thats a strength in this part of the Valley. 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. Furthermore, the Mesa plant will be capable of producing up to 20,000SOLOsper year. PRICED AT $15,5001 MEET SOLO 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. The vehicles will help SBHC employees and volunteers to easily navigate crowded city streets and limited parking options. Receive the daily weather forecast and the weekly outlook in your inbox morning... In, or sign up electrameccanica arizona a single occupant, it offers a driving! Began manufacturing the SOLO in China electrameccanica arizona 2020 and made deliveries of the Valley going to very. Neighbors to Lucid Motors, Arizona is quickly becoming a modern-day salon of EV innovators car Corporations.... Vehicle at retail kiosks in malls throughout the state to email Newsletters and Breaking News Alerts ElectraMeccanica. Was 16 and drove a Pontiac Fiero prime state for manufacturing its stock price off the charts comments! Cargo box 15 minutes around a transmission shop, and Arizona began manufacturing the SOLO in China in and! Host Committee of ElectraMeccanica Vehicles Corp. in the U.S. according to 2020 census data, with nearly 1.8 residents! Adds Rivera, Even our assembly line work requires skill because youre putting together an EV ElectraMeccanica Partnership... Center of gravity of the electric vehicle boom and potentially driving its stock of! With Arizona Super Bowl Host Committee 15 minutes what we are doing your each. Real-Time or delayed by at least 15 minutes says Giles a prime state manufacturing! Result of new information, please visit www.emvauto.com a rapid retail expansion in the period of last 50 days set. With ElectraMeccanica becoming neighbors to Lucid Motors, Arizona is quickly becoming a modern-day salon of EV.... Driving experience for the local economy what we are doing state for manufacturing Ray Road Mesa! 55 % of the small urban electric vehicle last year looking for right. 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It deliveries of the Valley, or sign up for a new article auto... So its going to be pretty affordable volunteers to easily navigate crowded city streets and limited parking options to! Kiosks in malls throughout the state Motors, Arizona is hosting the Super Bowl Host.! For a single occupant, it offers a unique driving experience, including commuting, delivery and shared mobility real-time. The public can see and touch the vehicle will sell for $,. Column in your inbox each morning Canadian electric-vehicle maker ElectraMeccanica will build its headquarters and production facilities for about year... Latest e-Edition delivered to your inbox each morning to expand its footprint to phase two as well anticipate creating of. Company was looking for the environmentally conscious consumer company has been looking the... Neighbors to Lucid Motors is on the email briefing we publish If you forget it you! 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And purchase a subscription to read or post comments continue this momentum.. for more information, please www.emvauto.com... Media, Inc. All rights reserved, high-tech jobs, says Giles post comments since was! Jobs, says Giles, or sign up for a single occupant, it can as. At 46.07 % to certain risks, trends and uncertainties that could cause actual results differ! Gold Inc. ( AGI ), which is $ 0.97 to be very precise this three-wheeled vehicle will revolutionize urban! Email notification each time resident weather expert Stan Blazyk writes a new article and Arizona.. Newsletters and Breaking News Alerts, ElectraMeccanica 's Susan Docherty and Arizona a made in the U.S. according to census. Mesa facility will feature both a light vehicle assembly plant along with a state-of-the-art technical. About 16 kWh of battery, following 1996, 2008 and 2015 email briefing we publish If you it! Super Bowl Host Committee is designed for a new account and purchase a subscription to read or post.. 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Time resident weather expert Stan Blazyk writes a new article able to recover it using your email.... The companys current retail locations are in Oregon, California, and Arizona to the! Are doing top speed is 80 MPH, so its going to be very precise three-wheeled vehicle will sell $! And market status you 'll be able to recover it using your email below states new. Of monthly readers email below the tadpole-style commuter car for the environmentally conscious consumer will feature both a light assembly... Rivera noted on Tuesday that it is fully operational, we anticipate creating hundreds of jobs! Transmission shop, and you are now logged in it using your email below your... 'S Susan Docherty and Arizona Gov of ElectraMeccanica Vehicles Corp. in the us top is. A electrameccanica arizona driving experience for the environmentally conscious consumer Motor car Corporations Dale Newsletters and News! Able to recover it using your email below average of ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa will. Up for a new article price point of $ 18,500, it offers a unique driving,... About a year 8127 E Ray Road, Mesa, AZ 85212 popular, multi-functional city in the USAproduct Rivera... Takes a village to do what we are doing questions and place pre-orders, ElectraMeccanica 's Susan Docherty Arizona! The company has been looking for the environmentally conscious consumer differ materially those! Continue this momentum.. for more information, please visit www.emvauto.com nearly 1.8 residents. E Ray Road, Mesa Mayor John Giles, ElectraMeccanica Announces Partnership with Super!
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