ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica"
or the "Company"), a designer and manufacturer of electric vehicles
revolutionizing the urban driving experience, has signed a
strategic agreement with Robert Bosch LLC (“Bosch”), a leading
global mobility solutions and industrials technology firm, to
establish a service network of independent automobile repair shops
approved by Bosch (the “Bosch Car Service Network”). The Bosch Car
Service Network will support service and maintenance operations for
ElectraMeccanica’s flagship
SOLO EV beginning with
the commercial launch locations throughout the western United
States and then expanding throughout the rest of the United States.
The Bosch Group is a leading global supplier of
technology and services with operations in Mobility Solutions,
Industrial Technology, Consumer Goods, and Energy and Building
Technology. The Bosch Car Service network provides a full-service
offering, delivering an outstanding quality service with a personal
touch and a network that covers all makes and types of vehicles,
including gasoline, diesel, electric or hybrid.
The strategic agreement is structured as a
collaboration on a pilot program using the Bosch Car Service
network in select service areas to provide repair and maintenance
services for the Company’s vehicles. The program will provide a
means to co-create optimized processes, services, systems and
methodologies for ElectraMeccanica vehicle maintenance and repair
services while minimizing vehicle maintenance downtime and service
costs.
“Bosch’s technology, innovation and highly
skilled technicians make it uniquely equipped for the maintenance
and repair of our flagship single-seat SOLO
electric vehicle (EV),” said Kevin Pavlov, CEO of ElectraMeccanica.
“With increased deliveries to early reservation holders and fleet
owners already underway in our key target markets, we needed a
trusted provider to handle any service repairs or maintenance our
vehicles may require.
“Bosch’s global network of Bosch Car Service
repair shops, which go through a qualified certification process,
aligns well with ElectraMeccanica’s specialized
SOLO EV maintenance and repair training. Our
SOLO is a purpose built vehicle meeting top
quality and safety standards, and we hope that our customers can
find confidence in a world-class partner like Bosch, for any
service or repair needs,” concluded Pavlov.
“Bosch is committed to future proofing our Bosch
Car Service network and providing all EV customers high caliber,
reliable service,” Emily Eastman, Strategic Partnerships Manager at
Bosch. “We are delighted to see this vision come to life by working
with a forward-thinking OEM like ElectraMeccanica. We appreciate
their complementary values in technology and innovation and look
forward to what the future of this collaboration holds.”
About the Bosch GroupThe Bosch Group is a
leading global supplier of technology and services. It employs
roughly 394,500 associates worldwide (as of December 31, 2020).
According to preliminary figures, the company generated sales of
$87.1 billion in 2020. Its operations are divided into four
business sectors: Mobility Solutions, Industrial Technology,
Consumer Goods, and Energy and Building Technology. As a leading
IoT provider, Bosch offers innovative solutions for smart homes,
Industry 4.0, and connected mobility. Bosch is pursuing a vision of
mobility that is sustainable, safe, and exciting. It uses its
expertise in sensor technology, software, and services, as well as
its own IoT cloud, to offer its customers connected, cross-domain
solutions from a single source. The Bosch Group’s strategic
objective is to facilitate connected living with products and
solutions that either contain artificial intelligence (AI) or have
been developed or manufactured with its help. Bosch improves
quality of life worldwide with products and services that are
innovative and spark enthusiasm. In short, Bosch creates technology
that is “Invented for life.” The Bosch Group comprises Robert Bosch
GmbH and its roughly 440 subsidiary and regional companies in 60
countries. Including sales and service partners, Bosch’s global
manufacturing, engineering, and sales network covers nearly every
country in the world. The basis for Bosch’s future growth is its
innovative strength. At 126 locations across the globe, Bosch
employs some 73,000 associates in research and development, as well
as roughly 30,000 software engineers.
Additional information is available online at
www.bosch.us, www.iot.bosch.com, https://us.bosch-press.com,
https://twitter.com/BoschPress
About ElectraMeccanica Vehicles
Corp. ElectraMeccanica Vehicles Corp. (NASDAQ:
SOLO) is a Canadian designer and manufacturer of environmentally
efficient electric vehicles (EVs). 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. Engineered for a single occupant, it
offers a unique driving experience for the environmentally
conscious consumer. 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. It blends a modern look with safety features
at an accessible price point of $18,500. The SOLO
is currently available for pre-orders here. InterMeccanica, a
subsidiary of ElectraMeccanica, has successfully been building
high-end specialty cars for 61 years. For more information, please
visit www.electrameccanica.com.
Safe Harbor StatementsExcept 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. 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. Any statements
that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions
or future events or performance (often, but not always, using words
or phrases such as “anticipates”, “estimates”, “projects”,
“expects”, “contemplates”, “intends”, “believes”, “plans”, “may”,
“will”, or their negatives or other comparable words) are not
statements of historical fact and should be viewed as
“forward-looking statements”. 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. 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. 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. 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. 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. Forward-looking statements are
made based on management’s 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. Such forward-looking statements
reflect our current views with respect to future events and are
subject to certain risks, uncertainties and assumptions, including,
the risks and uncertainties outlined in our most recent financial
statements and reports and registration statement filed with the
United States Securities and Exchange Commission (the “SEC”)
(available at www.sec.gov) and with Canadian securities
administrators (available at www.sedar.com). Although the Company
believes that the beliefs, plans, expectations and intentions
contained in this news release are reasonable, there can be no
assurance those beliefs, plans, expectations or intentions will
prove to be accurate. Investors should consider all of the
information set forth herein and should also refer to the risk
factors disclosed in the Company’s periodic reports filed from
time-to-time with the SEC. This news release shall not constitute
an offer to sell or the solicitation of an offer to buy securities
of the Company nor shall there be any sale of these securities in
any jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction.
Investor Relations ContactMZ Group(949)
259-4987SOLO@mzgroup.us
Public Relations ContactAmy
PandyaR&CPMK(310)
967-3418amy.pandya@rogersandcowanpmk.com
Electrameccanica Vehicles (NASDAQ:SOLO)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Electrameccanica Vehicles (NASDAQ:SOLO)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024