SOLO - Electrameccanica Vehicles Corp.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
4.4100
-0.4200 (-8.70%)
At close: 4:00PM EDT

4.4100 0.00 (0.00%)
After hours: 7:59PM EDT

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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close4.8300
Open4.6000
Bid4.3800 x 3000
Ask4.4200 x 1800
Day's Range4.2500 - 4.6500
52 Week Range0.8900 - 6.0000
Volume14,340,615
Avg. Volume11,994,006
Market Cap277.699M
Beta (5Y Monthly)1.70
PE Ratio (TTM)N/A
EPS (TTM)-0.3800
Earnings DateMay 12, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est7.77
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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  • GlobeNewswire

    ElectraMeccanica Announces Results of AGM and Appointments

    AGM VANCOUVER, British Columbia, July 10, 2020 -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”) is pleased to announce the.

  • GlobeNewswire

    ElectraMeccanica Partners with Gateway to Lead Expanded Investor Relations Program

    VANCOUVER, British Columbia, June 23, 2020 -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric.

  • GlobeNewswire

    ElectraMeccanica Responds to Economic Re-Opening with Planned Retail Expansion of its Flagship SOLO EV into Arizona and Oregon

    In recognition of this evolving situation, ElectraMeccanica has responded with an updated retail awareness strategy focused on dynamically entering select, new markets where interest and consumer demand is greatest. “As we emerge from the pandemic, the public is looking for transportation alternatives that allow for personal independence in a safe, secure and self-contained driving environment—a solution that our flagship SOLO EV fully embodies,” said Paul Rivera, Chief Executive Officer of ElectraMeccanica.

  • GlobeNewswire

    ElectraMeccanica Announces Closing of $20 Million At Market Financing

    Net proceeds to ElectraMeccanica from the offering were approximately US$18.65 million after underwriting discounts and commissions and other estimated offering expenses. The common shares described above were offered by the Company pursuant to a prospectus supplement to the Company’s effective shelf registration statement on Form F-3 (File No. 333-227883) previously filed with the United States Securities and Exchange Commission (the “SEC”). A prospectus supplement relating to the Offering was filed by the Company with the SEC.

  • GlobeNewswire

    ElectraMeccanica Announces Up To US$20 Million At Market Financing

    ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles, announced that it has entered into definitive agreements with institutional investors to sell an aggregate of 10,000,000 common shares of the Company at a price of US$2.00 per share for gross proceeds of US$20,000,000 (the “Offering”). The Offering was priced “at market” under the rules of the Nasdaq Global Select Market. After the placement agent fees and estimated offering expenses payable by the Company, the Company expects to receive net proceeds of approximately US$18,640,000.

  • GlobeNewswire

    ElectraMeccanica Begins Proposed Site Visits in Second Phase of BDO-Led Search for SOLO EV U.S. Assembly Facility and Engineering Technical Center

    After a nationwide review of potential locations that matched ElectraMeccanica’s criteria, BDO initially identified seven candidates and sent initial requests for proposal to the chief economic development entities in each state. Following the initial review, the Company has narrowed its list to the following five states (in no particular order): Arizona, Colorado, Florida, North Carolina and Tennessee.

  • GlobeNewswire

    ElectraMeccanica Reports First Quarter 2020 Financial Results

    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.

  • GlobeNewswire

    ElectraMeccanica Develops Mobile App for Remote Monitoring of Its SOLO EV

    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.

  • GlobeNewswire

    ElectraMeccanica Extends and Expands Agreement with Unibail-Rodamco-Westfield for SOLO EV Storefronts

    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.

  • GlobeNewswire

    ElectraMeccanica to Attend SNN Planet MicroCap Showcase Virtual Investor Conference

    VANCOUVER, British Columbia, April 14, 2020 -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric.

  • GlobeNewswire

    ElectraMeccanica Announces New Cost-Effective Aluminum Chassis for Flagship, Single-Occupant SOLO EV

    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.

  • GlobeNewswire

    ElectraMeccanica Reports Fourth Quarter and Full Year 2019 Financial Results

    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.

  • Canadian electric vehicle maker CEO: Why Arizona on shortlist for production facility
    American City Business Journals

    Canadian electric vehicle maker CEO: Why Arizona on shortlist for production facility

    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.

  • We're a contender in the race to land an electric vehicle plant. Here's why.
    American City Business Journals

    We're a contender in the race to land an electric vehicle plant. Here's why.

    The facility will house assembly of the firm’s Solo vehicle, a compact, three-wheeled car, and create up to 200 jobs.

  • GlobeNewswire

    ElectraMeccanica to Attend the 32nd Annual ROTH Conference in Orange County, California on March 17, 2020

    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.

  • Exclusive: Automotive CEO on how North Carolina can win assembly plant
    American City Business Journals

    Exclusive: Automotive CEO on how North Carolina can win assembly plant

    If North Carolina plays its cards right, electric vehicles could soon come off a local assembly line.

  • Company that makes 3-wheeled car considers Texas for manufacturing facility
    American City Business Journals

    Company that makes 3-wheeled car considers Texas for manufacturing facility

    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.

  • GlobeNewswire

    ElectraMeccanica Engages BDO to Lead Search for U.S. Assembly Facility and Engineering Technical Center

    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.

  • GlobeNewswire

    ElectraMeccanica Provides Corporate Update

    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.

  • GlobeNewswire

    ElectraMeccanica to Attend Stifel Transportation and Logistics Conference on February 11-12, 2020 in Miami Beach, Florida

    VANCOUVER, British Columbia, Jan. 27, 2020 -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric.

  • GlobeNewswire

    ElectraMeccanica Unveils the Features of its Production Intent Generation 3 SOLO EV

    VANCOUVER, British Columbia, Jan. 21, 2020 -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric.

  • GlobeNewswire

    ElectraMeccanica Issues Shareholder Letter and Provides Operational Update on Key Milestone Achievements

    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.

  • GlobeNewswire

    ElectraMeccanica Appoints Chief Financial Officer Bal Bhullar to Board of Directors

    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.

  • GlobeNewswire

    ElectraMeccanica Announces Release of Podcast Interview with The Wall Street Resource

    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 info@thewallstreetresource.com.

  • GlobeNewswire

    Electra Meccanica to Attend the 12th Annual LD Micro Main Event in Los Angeles, California on December 10, 2019

    VANCOUVER, British Columbia, Nov. 25, 2019 -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric.