Only four other sites (South Florida, New Orleans, Los Angeles, and Tampa Bay) hold this distinction. Alright, enough gloating. ElectraMeccanica expects the full production of the Solo models to get going in Mesa by the end of 2023. "I think this was a very natural place for us to come. PRICED AT $15,5001 MEET SOLO Adds Rivera, Even our assembly line work requires skill because youre putting together an EV. Aptera is a great example of this, as the company failed almost a decade ago before coming back to life in the last two years. 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. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. Events include: For more information, please visit: https://bit.ly/3DMrUsm. Many of these factors are beyond the Companys ability to control or predict. ElectraMeccanica is the fifth electric vehicle manufacturing facility to open in Arizona since 2016, according to the news release. Our HomeBusiness NewsHow ElectraMeccanicas $35M Mesa factory fuels Arizonas EV boom. Thank you to the entire ElectraMeccanica team, Sandra Watson and her team at the Arizona Commerce Authority, Mayor Giles and the City of Mesa, and local leaders for your support on this important project.. ElectraMeccanica Announces Partnership With Arizona Super Bowl Host Committee Vehicles Presented to Committee at Kick-off Media Event Business Wire MESA, Ariz. -- January 6 . Keep it Clean. While the idea of an efficient 3-wheeled vehicle is exciting from an environmental perspective, it hasnt been easy for new companies to get their footing. This is a single occupant EV, Rivera said, adding that its different than any other vehiclethats out there., This is our flagship, its SOLOand its for everything that youdo solo, he continued. ElectraMeccanica ultimately chose Arizona because of our abundant workforce, and our location with close proximity to California and Mexico is second to none, Watson explains. We have made a significant commitment to Arizona by recently moving our corporate headquarters and manufacturing facility to Mesa, said Susan Docherty, CEO of ElectraMeccanica Vehicles Corp. It is important for us to support our home state, and by so doing, to help the SBHC deliver the greenest Super Bowl ever. 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. The Service Advisor will focus on partnering with quality, sales, delivery, ops, and service teams to ensure external customers, owners . Lucid Motors is on the cusp of full-fledged production at its AMP-1 facility in Casa Grande. Something went wrong while submitting the form. Be Nice. The Canadian company says that its new manufacturing facility in Mesa, Arizona, represents its commitment to officially establish the company as an American OEM by the end of this year. Receive updates on the latest issues of Coast Monthly. As just one part of its partnership, ElectraMeccanica presented the SBHC with ten custom-wrapped, all-electric, SOLOs for the Committee to use as courtesy vehicles during the Super Bowl during. The other four companies have just as much potential. Receive the daily weather forecast and the weekly outlook in your inbox each morning. 5 min read. The company has been looking for the right city to build its headquarters and production facilities for about a year. We won't share it with anyone else. The major emphasis of this platform is to present, the most practical recommendation for public and private capital sharing, both in the form of updates and detailed analysis. GET FOX BUSINESS ON THE GO BY CLICKING HERE, So theres a lot of electricvehicles coming into the spaceright now. Its only built for one occupant, and can go up to 100 miles. Receive the latest Dear Abby column in your inbox each morning. 2023 FOX News Network, LLC. Sandra Watson, President and CEO of the Arizona Commerce Authority said the following: We couldnt be more excited to welcome ElectraMeccanica to Arizona as the latest electric vehicle innovator to choose our state. 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. Today, ElectraMeccanica has announced the remaining two finalists as Arizona and Tennessee. Lastly, Nikola is headquartered in Phoenix if you still consider them an EV manufacturer. If you forget it, you'll be able to recover it using your email address. Following a year-long nationwide search, which included about a dozen locations in the Greater Phoenix region, Mesa eventually won out over Nashville, Tennessee. The biggest reason for us is wewant to have a made in the USAproduct, Rivera said. Meet ElectraMeccanica, an innovative electric vehicle manufacturer that is ready to revolutionize the way people commute! Supplying the electric vehicle boom and potentially driving its stock price off the charts. The Arizona Super Bowl Host Committee is a nonprofit organization responsible for planning and executing a successful Super Bowl LVII in 2023. Will the law or the Republican traitors prevail? 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. The architect of the plant is Ware Malcomb, and Willmeng Construction is the general contractor. It reduces dwell time for vehicles and lowers transportation costs, he says. 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. 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. Click here to download your Free Copy. BMW iX review: How efficient is the BMW eSUV in real life? Receive email alerts anytime there is breaking news or a severe weather alert. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders equity. FTC: We use income earning auto affiliate links. No matter how you measure the efficiency, thats pretty amazing. person will not be tolerated. ADVERTISEMENT Vehicles Presented to Committee at Kick-off Media Event. On May 15, Vancouver, Canada-based ElectraMeccanica Vehicles Corp. broke ground on its first U.S.-based assembly facility and engineering technical center in Mesa. For more information, visit azsuperbowl.com or follow @AZSuperBowl on Twitter, Instagram and Facebook. The new facility will support ElectraMeccanicas goal of meeting anticipated demand for their flagship SOLOEV with the capability of producing up to 20,000 vehicles a year, according to therelease, which noted that the factory, which features a light vehicle assembly plant and state-of-the-art engineering technical center, is expected to create up to 500 new jobs. This led to seven bids from local authorities in prospective states. As just one part of its partnership, ElectraMeccanica presented the SBHC with ten custom-wrapped, all-electric, SOLOs for the Committee to use as courtesy vehicles during the Super Bowl during January and February. ElectraMeccanica has crafted a three-part strategy for rolling out the Solo. Thats less than an hour south of Mesa. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). Vehicles Presented to Committee at Kick-off Media Event. One of the criteria that the company was looking for was workforce, and thats a strength in this part of the Valley. The public can see and touch the vehicle, ask questions and place pre-orders. Be Truthful. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Companys filings with the Securities and Exchange Commission. Ford & CATL Factory Wont Be Built In Virginia. 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. In a high-profile case, she was extradited to California and sentenced to 18 months in a mens prison. Now, Maricopa County has entered the EV market. . Another thing that probably makes this challenging is just how different 3-wheeled vehicles look and function. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). 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. Apteras latest designs have also been a great example of how efficient 3-wheeled EVs can be. The team at Lectric eBikes is constantly pushing the envelope with new designs, new features and new functionality so when they invited us to Arizona is about to have more EV chargers per capita than any other US state, with almost 14,000 being added plus more Superchargers. You can
Officials from Arizona seem quite happy with the decision as well. My thanks to ElectraMeccanica, the Arizona Commerce Authority, the City of Mesa and all involved in bringing this exciting project to Arizona.". Interview with Mobilize CEO Clotilde Delbos: The car becomes a Lucid opens new retail centre in the Netherlands, Worlds largest electric ferry launches in Norway, Designwerk presents megawatt charging station, Possible battery problem with 10,000 VW ID.3 and ID.4, VW is reorganizing Quality and Design departments. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. Additionally, it will include testing workshops for vehicle chassis, battery packs, and power electronics. 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ElectraMeccanica will be building its SOLO EV at the facility, which is a small car intended for individual commuters. One tiny company stands to be the biggest beneficiary because lithium "faces a long-term supply shortage," according to Barron's. 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.. electrive.com is a newsservice Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Investor Relations Contact This role will work out of 8127 E Ray Road, Mesa, AZ 85212. "We have made a significant commitment to Arizona by recently moving our corporate headquarters and manufacturing facility to Mesa," said Susan Docherty, CEO of ElectraMeccanica Vehicles Corp. 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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. Thats 6.25 miles per kWh, or 160 Wh per mile. Arizona has fast become the electric vehicle center of America thanks to our robust and growing workforce, vibrant innovation ecosystem, and ideal business environment. Our mail-out and online service cover Featuring an eye-catching three-wheel design, the tadpole-style commuter car is designed for a single passenger. With a top speed of 80 mph and a range of 100 miles, it will retail for $18,500. Last but not least, previous interviews revealed ElectraMeccanicas CEO Paul Rivera lives in Arizona. Other electric car manufactures in the state include luxury. We are proud of these one-of-a-kind vehicles that will be made in Mesa, bolstering Arizonas robust manufacturing industry. Companies testing their cars at proving grounds in the state include GM, Ford, Toyota, VW, Chysler and Nissan. Lets take a glance in the erstwhile performances of Electrameccanica Vehicles Corp., multiple moving trends are noted. The companys flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. Arizona International Auto Show and San Diego International Auto Show. The proposed US facility is the best fit for ElectraMeccanicas plan to ramp up production on its flagshipSOLOEV. Investchronicle.com is an Economic news website, which offers broad information about the Stock markets and Equities. 51% Plugin Vehicle Share In The Netherlands! The primary purpose of this job is to interface between our company and the owners of an ElectraMeccanica vehicle. ElectraMeccanica is eligible for more than $8 million in grants and tax credits from the state but, as of March, hadn't received any incentives, according to the Arizona Commerce Authority.. Low 57F. newsletter is published every 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. Two Doors. For more information, visit azsuperbowl.com or follow @AZSuperBowl on Twitter, Instagram and Facebook. Receive an email notification each time resident weather expert Stan Blazyk writes a new article. 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. The company said it plans to make more than 20,000 cars a year. Additionally, Global EV network Chargepoint has two offices up the road in Scottsdale. In addition, long term Debt to Equity ratio is set at 0.09. 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 . The content produced by this site is for entertainment purposes only. 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 expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Paul Rivera, CEO of ElectraMeccanica, adds that the tipping point was Arizonas accessibility to the companys target market: the West Coast. 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. 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