Relative Strength Index (RSI)
|Bid||1.0200 x 800|
|Ask||1.0300 x 1300|
|Day's Range||1.0100 - 1.0500|
|52 Week Range||0.8900 - 3.2500|
|Beta (5Y Monthly)||1.55|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 12, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.59|
Finalized feature set of the production intent, single-seat SOLO EV, including a liquid-cooled motor that incorporates torque-limiting stability control, a wider front steering geometry, a more robust and rugged look, electronic power steering, power brakes, side-impact occupant protection and various driver experience upgrades. Made continued progress toward production launch of the Company’s flagship SOLO EV, with a planned strategic debut in the Los Angeles market in the coming months followed by rollouts in other west coast cities later in 2020. After engaging BDO USA’s Site Selection & Business Incentives Practice to lead a search for an assembly facility and engineering technical center in the U.S., the Company identified seven states as finalists and has sent initial requests for proposals to the chief economic development entities in each of Arizona, Colorado, Florida, North Carolina, South Carolina, Tennessee and Texas.
The smartphone app will be available with the launch of the SOLO EV production vehicle. Other features will include GPS guidance to the nearest charging stations, one touch contact to ElectraMeccanica service personnel and various convenience reminders. “Smartphone integration has become a key requirement for modern connected vehicles, and we are excited to offer an innovative, customized solution for proud SOLO owners,” said Paul Rivera, Chief Executive Officer of ElectraMeccanica.
ElectraMeccanica Vehicles Corp. (SOLO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Based on the initial success, ElectraMeccanica will extend the lease on its current SOLO EV storefront located at Westfield Century City in Los Angeles. In addition, ElectraMeccanica will open a second SOLO EV storefront in the second half of 2020 at Westfield Fashion Square, a premier shopping center in Sherman Oaks, California.
VANCOUVER, British Columbia, April 14, 2020 -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric.
The new, high strength, drop-in aluminum chassis will replace the current composite chassis in the SOLO EV, making it much better suited for mass production by reducing the overall weight and per-unit assembly cost of the vehicle. ElectraMeccanica has engaged a Tier-One engineering partner with a global presence, which will provide on-the-ground support in both Canada and China.
ElectraMeccanica is currently preparing for a mid-year 2020 launch of its unique SOLO EV, with a strategic launch in the Los Angeles market first, followed by other west coast cities later in the year. Engaged BDO to lead search for a U.S. assembly facility and state-of-the-art engineering technical center, with the goal of assembling knock-down kits for SOLO EVs to be sold in the U.S. market, thereby reducing uncertainties in the global supply chain, increasing logistical efficiencies and eliminating tariffs. Opened first retail kiosk at the Westfield Century City Shopping Mall in Los Angeles, providing customers with the opportunity to view, test drive and place pre-orders in a modern sleek storefront.
Arizona and six other states made the shortlist for the company's future production facility. The company's CEO, who happens to be based in Phoenix, talks about why those states made the cut.
The facility will house assembly of the firm’s Solo vehicle, a compact, three-wheeled car, and create up to 200 jobs.
At the event, ElectraMeccanica will also be showcasing its all-electric, single-seat SOLO EV, which is expected to begin commercial production in mid-2020 with the Company’s strategic contract manufacturing partner, Zongshen Industrial Group. Conference participation is by invitation only and registration is mandatory.
If North Carolina plays its cards right, electric vehicles could soon come off a local assembly line.
An electric vehicle manufacturer is eying locations for its first manufacturing site in the U.S. and is considering putting the facility in Texas. After whittling down possible locations, ElectraMeccanica Vehicles Corp. (Nasdaq: SOLO), which is based in Vancouver, Canada, announced it's looking to put a 200-employee manufacturing facility in one of seven states: Arizona, Colorado, Florida, North Carolina, South Carolina, Tennessee or Texas.
After a nationwide review of potential locations that matched ElectraMeccanica’s criteria, BDO has identified seven states as finalists and sent initial request for proposals to the chief economic development entities in each of Arizona, Colorado, Florida, North Carolina, South Carolina, Tennessee and Texas. The leading location and backup sites are expected to be announced in the third quarter of 2020.
In 2019, ElectraMeccanica took delivery of 50 pre-production vehicles from its strategic manufacturing partner, Zongshen Industrial Group. ElectraMeccanica is currently preparing for a mid-year 2020 launch of its unique SOLO EV, with a strategic launch in the Los Angeles market first, followed by other west coast cities later in the year. “Upon joining as CEO late last year, our goal was to launch the production-ready SOLO EV in 2020, which would include significant safety, comfort, and design enhancements,” said Paul Rivera, CEO of ElectraMeccanica.
VANCOUVER, British Columbia, Jan. 27, 2020 -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric.
VANCOUVER, British Columbia, Jan. 21, 2020 -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric.
2019 was a transformational year for ElectraMeccanica. Since joining the Company as Chief Executive Officer and Director in the summer, I have remained laser focused on preparing a mass-market ready SOLO EV for its strategic 2020 launch in Los Angeles, California, which is expected to revolutionize the commuter, delivery and shared mobility markets.
Ms. Bhullar is an accomplished financial executive with over 25 years of diversified business, financial and risk management experience, with both public and private companies, across various sectors including technology, manufacturing and transport. Ms. Bhullar brings expertise in financial & strategic planning, operational & risk management, regulatory compliance reporting, business expansion, start-up operations, financial modeling, program development, corporate financing, and corporate governance/internal controls.
In the podcast, Paul Rivera discusses ElectraMeccanica, the SOLO EV and the future of mobility. For more information on The Wall Street Resource, please contact interviewer Jeff Kone at email@example.com.
VANCOUVER, British Columbia, Nov. 25, 2019 -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric.
The kiosk is located in the highly trafficked Westfield Century City Shopping Mall in Los Angeles, California. Westfield Century City Shopping Mall is conveniently located amongst the surrounding Beverly Hills, Bel Air, Santa Monica and Century City communities.
ElectraMeccanica Vehicles Corp. (SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, has been invited to showcase its flagship, single-seat SOLO electric vehicle (EV) at the prestigious Petersen Automotive Museum in Los Angeles for their upcoming “Alternating Currents: The Fall and Rise of Electric Vehicles” exhibit, which will open to the public on Wednesday, November 20, 2019 and run through October 2020. The exhibit recognizes innovation in the electric vehicle (EV) automotive industry stretching back to its infancy in the mid-19th century.
ElectraMeccanica Vehicles Corp. (SOLO) delivered earnings and revenue surprises of 8.33% and -74.75%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
ElectraMeccanica Vehicles Corp. (SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles, today reported its financial results for the third quarter ended September 30, 2019. Took delivery of 50 pilot production vehicles from China for on road validation testing throughout the United States and Canada. Entered into an agreement with FreedomRoad Financial, a national lending institution providing retail vehicle loans to the nation’s leading vehicle manufacturers, to provide consumers with turnkey vehicle financing solutions for the Company’s flagship SOLO EV.
ElectraMeccanica Vehicles Corporation (SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, announced today that management will attend the ROTH Technology and New Industrials Day in New York City on Wednesday, November 13, 2019. Ms. Bal Bhullar, CFO of ElectraMeccanica, will hold one-on-one meetings throughout the day at the conference.