Buzz Pro review: Is it enough to become iconic, again? 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.". This decision is monumental for our business and will be transformative for our host city and state. MESA, AZ ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. Today, ElectraMeccanica has announced the remaining two finalists as Arizona and Tennessee. This is an exciting move for a company bringing its flagship EV to market this year. Copyright 2022 Scripps Media, Inc. All rights reserved. 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. 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. ElectraMeccanica Announces Partnership With Arizona Super Bowl Host Committee Vehicles Presented to Committee at Kick-off Media Event Business Wire MESA, Ariz. -- January 6 . The company press release states the new facility will create up to 500 new jobs when it is fully operational. Start your morning with the top headlines each day. But this is just one of the opportunities we have researched in our free report. While not an EV, that vehicle has changed perceptions quite a bit and led to legal changes in most states that help potential buyers. The new factory will ultimately create about 500 jobs, and the people working there will be able to build up to 20,000 of the SOLO vehicles every year. The factory will focus on light assembly, with parts and components produced by the companys manufacturing partner, Zongshen Industrial Group, in China. On the other hand, the SOLO is a very environmentally friendly vehicle. Phoenix ranks as the fifth largest city in the U.S. according to 2020 census data, with nearly . Quotes displayed in real-time or delayed by at least 15 minutes. When hes not offering the latest tech how tos or insights, hes probably watching Chicago sports. We hope to continue this momentum.. Depending on driving conditions, temperature and climate controls, the SOLO has a range of up to 100 miles and a top speed of up to 80 mph. The SOLO is currently available for order here. My thanks to ElectraMeccanica, the Arizona Commerce Authority, the City of Mesa and all involved in bringing this exciting project to Arizona.". FAQ - New Privacy Policy, ElectraMeccanicaCEO Paul Rivera discussed the growth trajectory for the electric vehicle industry during an exclusive interview with Mornings with Maria on Tuesday, saying that his company is riding the macroeconomic tailwinds right now.. 5 min read. Its just across the picket fence from a major airport, its next to a freeway that will get you to Southern California in half a day, theres a strong workforce here, and Arizona State University is just a stones throw away, he says. Give Light and the People Will Find Their Own Way. Copyright 2023 CleanTechnica. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). ElectraMeccanica Vehicles Corp. has selected Mesa, AZ for its U.S. based assembly facility and engineering technical center. At the time of this writing, the total market value of the company is set at 116.87M, as it employees total of 216 workers. Theelectromotive vehicle market in America is estimated to register a nearly five-fold growth, reaching nearly 7 millionunit sales by 2025 from1.4 million last year, according to the analysis. 51% Plugin Vehicle Share In The Netherlands! Except for the statements of historical fact contained herein, the information presented in this news release and oral statements made from time to time by representatives of the Company are or may constitute "forward-looking statements" as such term is used in applicable United States and Canadian laws and including, without limitation, within the meaning of the Private Securities Litigation Reform Act of 1995, for which the Company claims the protection of the safe harbor for forward-looking statements. New. fordecision makersin the VANCOUVER, British Columbia, October 06, 2022--ElectraMeccanica Secures License to Sell SOLO EV in Arizona Required fields are marked *. First off, its HQ in Vancouver is a lot closer to Arizona than Tennessee. The primary purpose of this job is to interface between our company and the owners of an ElectraMeccanica vehicle. 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 Host Committee serves as liaison between the NFL and all regional efforts, culminating with the game in 2023 at State Farm Stadium, home to the Arizona Cardinals. Most people want a more traditional vehicle with at least 4 or 5 seats because theyd be able to use it for more things than they could use a 1-2 seater vehicle for. Either way, it seems like were are finally seeing some success for 3-wheeled vehicles. Frances EVs Take Record Quarter Share Of Market, Sandy Munro: The Coming Wave of Chinese EVs, Sandy Munro On Which Automakers Are Getting It Right Besides Tesla, Sandy Munro: How Tesla Gets To The $24,000 Car, Sandy Munro: Tesla Is Engineering At The Speed Of Thought. Electrameccanica Vehicles Corp. (SOLO): Investors Electrameccanica Vehicles Corp. (NASDAQ:SOLO), Alamos Gold Inc. (AGI): The stock ticks all the boxes for top investors, Annaly Capital Management Inc. (NLY): Ready for an explosive trading day, CN Energy Group. ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. Get an email notification whenever someone contributes to the discussion. The company worked with officials to see what kind of incentives they could get to set up shop, and Arizona offered a good mix of flexibility and workforce availability. At least until now. This material may not be published, broadcast, rewritten, or redistributed. Gift this article. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). It was once planned to be just the future manufacturer of its single-seat, three-wheel Solo model, but ElectraMeccanica announced it would make the new 235,000-square-foot Mesa assembly and technical facility its new corporate headquarters. It takes a village to do what we are doing. Low 57F. Even if someone almost always drives alone, they want to get the most bang for their buck, and be able to use it on occasion to pick up a TV from the electronics store or to take some friends out on a double-date. Except for the statements of historical fact contained herein, the information presented in this news release and oral statements made from time to time by representatives of the Company are or may constitute forward-looking statements as such term is used in applicable United States and Canadian laws and including, without limitation, within the meaning of the Private Securities Litigation Reform Act of 1995, for which the Company claims the protection of the safe harbor for forward-looking statements. Be Truthful. Joe Kent's Reel Report every evening. This is the fourth time Arizona is hosting the Super Bowl, following 1996, 2008 and 2015. Rivera pointed to some analysis on the electric vehicle market, including from Frost & Sulivan, which recently found that the U.S. market is expected to flourish with government incentives driving EV ownership, according to a news release. Be Proactive. Approximately 544 miles north of Las Vegas lies what's been dubbed "the biggest lithium deposit in the US." ElectraMeccanica can produce 20,000 electric vehicles (EVs) annually . 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. (adsbygoogle = window.adsbygoogle || []).push({}); Subscribe to electrive today by For more information, please visit www.emvauto.com. ElectraMeccanica Chief Revenue Officer Kim Brink said the decision to relocate the company's headquarters from British Columbia, Canada to Mesa was made earlier this month. Mercedes & Hydro take aim for sustainable aluminium, Seats factory in El Prat to manufacture EV components in future, Outlook: These electric cars are coming in 2023, 2022 in review: Rediscover the most popular articles in each month. Variable clouds with scattered thunderstorms. Receive the most recent obituaries every afternoon. 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. The Arizona Super Bowl Host Committee is a nonprofit organization responsible for planning and executing a successful Super Bowl LVII in 2023. Elio Motors is another example of a company that stumbled in this space. This is the center of gravity of the electric vehicle market," Brink said. Companies testing their cars at proving grounds in the state include GM, Ford, Toyota, VW, Chysler and Nissan. As we previously touched on last month, Arizona makes a lot of sense for ElectraMeccanica and its first US facility. Investchronicle.com is an Economic news website, which offers broad information about the Stock markets and Equities. According to Mesa Mayor John Giles, the site offers a number of strategic advantages. ElectraMeccanica is unique in launching a three-wheeled EV that can hit 80 mph with 100 miles of range. 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 Lowes 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, and other events the week leading up to Super Bowl LVII. In that particular session, Stock kicked-off at the, CN Energy Group. Eyes will be on ElectraMeccanica as it implements its new US facility and launches the SOLO EV. About the Arizona Super Bowl Host Committee. workday short, to the point, 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. View source version on businesswire.com:https://www.businesswire.com/news/home/20230106005088/en/, KEYWORD: ARIZONA UNITED STATES NORTH AMERICA, INDUSTRY KEYWORD: SPORTS TRANSPORTATION AUTOMOTIVE MANUFACTURING EV/ELECTRIC VEHICLES AUTOMOTIVE MANUFACTURING TRAVEL EVENTS/CONCERTS FOOTBALL ENTERTAINMENT OTHER AUTOMOTIVE, PUB: 01/06/2023 08:00 AM/DISC: 01/06/2023 08:01 AM, http://www.businesswire.com/news/home/20230106005088/en. GET FOX BUSINESS ON THE GO BY CLICKING HERE, So theres a lot of electricvehicles coming into the spaceright now. She says, Its also great because people who grow up here can gain training and skills in an advanced industry to get a quality job, all without leaving their community., Copyright 2023 AZ Big Media | All Rights Reserved | Site by Blufish, Heres why Metro Phoenix is on the way to becoming a Tier 1 market, Tucson, Phoenix among 10 cities where minimum wage goes furthest, JA Solar is bringing $60M facility, 600 jobs to Phoenix, Now, Maricopa County has entered the EV market. We wantto mitigate against the Chinesetariffs, he added. View source version on businesswire.com: https://www.businesswire.com/news/home/20230106005088/en/, Patrick PharrisPatrick@PharrisMedia.com (702) 491-7464, https://www.businesswire.com/news/home/20230106005088/en/. across Europe and beyond. This led to seven bids from local authorities in prospective states. Lets start up with the current stock price of Alamos Gold Inc. (AGI), which is $10.76 to be very precise. Rivera noted on Tuesday that it is also really appealing for commercial fleet and utility applications. All Rights Reserved. Other electric car manufactures in the state include luxury. and free of charge. Events include: For more information, please visit: https://bit.ly/3DMrUsm. Arizona is a driving force of innovation, and todays ribbon cutting for ElectraMeccanica is further proof of that, said Governor Ducey. Paul Rivera, CEO of ElectraMeccanica, adds that the tipping point was Arizonas accessibility to the companys target market: the West Coast. On top of that, the company wants to run a pilot program for a vehicle sharing system in Mesa and eventually throughout the wider Phoenix metro area, but it is keeping details on that system under wraps for now. entering your email below. electric mobilityindustry. Plus, there are already a Tier 1 supply base and engineering partners coming here because of the other EV manufacturers. UACJ Whitehall, a leading supplier of precision extruded aluminum automotive components for EVs, recently announced that it will be opening a plant in Flagstaff, while Li-Cycle, a leader recycling of lithium-ion batteries, the type used in EVs, will build a facility in Gilbert. MESA, AZ ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. Winds WSW at 10 to 20 mph. a franchisee of multiple Mountain Mike's Pizza locations in Arizona and Utah. 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. Called it! Features include 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. BMW iX review: How efficient is the BMW eSUV in real life? On the run for past crimes, including counterfeiting, Geraldine was also struggling to live as a transgender woman in a time when the US public was outright hostile to the LGBT community (but she did have the support of her wife and children). Two Doors. Don't Threaten. One tiny company stands to be the biggest beneficiary because lithium "faces a long-term supply shortage," according to Barron's. Were riding the macroeconomictailwinds right now.. 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. Instead of trying to narrow the vehicle horizontally, Aptera narrowed the vehicle vertically and came up with an airplane-like design. 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. 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. 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. Instead of a hatchback, this version of the car features a cargo box. ElectraMeccanica now at home in North America. It reduces dwell time for vehicles and lowers transportation costs, he says. Receive Laura Elder's Biz Buzz direct to your inbox every Sunday. 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. We want to set an example for other such events throughout America, and hopefully, around the world. Please log in, or sign up for a new account and purchase a subscription to read or post comments. SOLO on display and available for test drives at the Fleet Forward Conference . 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