Electra Meccanica Hosts Factory Grand Opening Ceremony for SOLO Electric Vehicle
25 Fevereiro 2019 - 10:31AM
Electra Meccanica Vehicles Corp. (NASDAQ: SOLO) (“Electra
Meccanica” or the “Company”), a designer and manufacturer of
electric vehicles, held a grand opening ceremony of the Zongshen
SOLO EV production facility in Chongqing, China on Friday, February
22, 2019.
In attendance at the grand opening ceremony were
several members of the Electra Meccanica management team and Board
of Directors, as well as Zongshen factory management and the
Canadian and United States Consul Generals. Initial production of
the SOLO EV is currently underway at the facility. An update video
of the high-volume Zongshen factory can be accessed here. The
Company expects to produce approximately 50 SOLO EVs in the quarter
ended March 31, 2019 as it ramps production considerably over the
course of 2019 to deliver a total of 5,000 vehicles by year
end.
“I am proud of our strategic partners at
Zongshen, who have provided us with a state-of-the-art production
facility and a highly-skilled production team to make the Electra
Meccanica SOLO EV a reality,” said Jerry Kroll, CEO of Electra
Meccanica. “We remain confident in our ability to deliver the first
5,000 SOLO EVs in 2019 to our earliest supporters, providing them
with an unforgettably unique zero-emissions driving experience. I
believe we are poised to create notable shareholder value over the
long-term and look forward to providing our shareholders with
future updates on our production progress as appropriate.”
“I am thoroughly impressed with the experience,
dedication and professionalism that Zongshen has displayed,” added
Steven Sanders, Chairman of Electra Meccanica’s Board of Directors.
“Our strategic partners are truly dedicated to building a
world-class vehicle alongside the team at Electra Meccanica.”
The SOLO is a new single-passenger EV made by
Vancouver-based automaker, Electra Meccanica. The SOLO, which
retails for $15,500, has a 100 mile range, cruises comfortably at
highway speeds and can charge on a regular household 110V socket in
under 6 hours. For more information please visit
www.EMVauto.com.
About Electra Meccanica Vehicles
Corp.Electra Meccanica is a designer and manufacturer of
electric vehicles. The Company builds the innovative, all-electric
SOLO, a single passenger vehicle developed to revolutionize the way
people commute, as well as the Tofino, an elegant high-performance
two seater electric roadster sports car. Both vehicles are tuned
for the ultimate driving experience while making your commute more
efficient, cost-effective and environmentally friendly.
Intermeccanica, a subsidiary of Electra Meccanica, has successfully
been building high-end specialty cars for 60 years. For more
information, visit www.electrameccanica.com.
Forward Looking StatementsSome
of the statements contained in this press release are
forward-looking statements and information within the meaning of
applicable securities laws. Forward-looking statements and
information can be identified by the use of words such as
“expects”, “intends”, “is expected”, “potential”, “suggests” or
variations of such words or phrases, or statements that certain
actions, events or results “may”, “could”, “should”, “would”,
“might” or “will” be taken, occur or be achieved. Forward-looking
statements and information are not historical facts and are subject
to a number of risks and uncertainties beyond the Company’s
control. Actual results and developments are likely to differ, and
may differ materially, from those expressed or implied by the
forward-looking statements contained in this news release.
Accordingly, readers should not place undue reliance on
forward-looking statements. The Company undertakes no obligation to
update publicly or otherwise revise any forward-looking statements,
except as may be required by law.
Media Contact: Sean
Mahoney (310) 867-0670 sean@ElectraMeccanica.com
Investor Relations: Greg Falesnik Managing
Director MZ Group - MZ North America (949) 385-6449
greg.falesnik@mzgroup.us www.mzgroup.us
Two photos accompanying this announcement are available
at:
http://www.globenewswire.com/NewsRoom/AttachmentNg/d7419148-4cd0-49c1-9343-9b9d254000d5
http://www.globenewswire.com/NewsRoom/AttachmentNg/3bd3fe37-b364-4ce9-b0be-36c6456ee3f7
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