Electrameccanica

Electrameccanica Vehicles Corp engages in the development and manufacture of electric vehicles. It operates through the Electric Vehicles and Custom Build Vehicles segments. The Electric Vehicles segment develops and manufactures electric vehicles for mass markets. The Custom Build Vehicles segment offers custom-built vehicles. The company was founded by Jerry Kroll and Henry R. Reisner on February 16, 2015 and is headquartered in Burnaby, Canada.

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Electra Meccanica is a development-stage company, plans, develops, manufactures, and sells single person electric vehicles under the SOLO name. It specializes in clean energy, electric vehicles, electric cars, innovation, start-ups Canada, technology, and Environment. The company was founded in 2015 and headquartered in British Columbia, Canada.

ElectraMeccanica Vehicles Corp, a Canadian electric vehicle designer and manufacturer, posted second-quarter results that demonstrated that it is well capitalized and in a strong financial position with over $250 million on its balance sheet to forge ahead with the buildout of its US Assembly and Engineering Technical Center in Mesa, Arizona.  For the period ended June 30, 2021, the carmaker had cash, equivalents and short-term deposits totaling $250 million, compared to $129.5 million as of December 31, 2020.

ElectraMeccanica ends 2Q on high gear with over $250M on its balance sheet as it builds out car plant in Mesa

ElectraMeccanica Vehicles Corp. (SOLO) delivered earnings and revenue surprises of 0.00% and 232.22%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

ElectraMeccanica Vehicles Corp. (SOLO) Reports Q2 Loss, Tops Revenue Estimates

VANCOUVER, British Columbia, Aug. 11, 2021 (GLOBE NEWSWIRE) -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, reported financial results for the second quarter ended June 30, 2021 in conjunction with the filing of its Quarterly Report on Form 6-K earlier today.

ElectraMeccanica Reports Second Quarter 2021 Financial Results

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ElectraMeccanica Vehicles Corp. said its flagship SOLO EV was showcased during US Secretary of Energy Jennifer Granholm's tour of its Michigan manufacturing facilities.   As part of the tour, the company said Secretary Granholm viewed its SOLO EV among other vehicles at the US headquarters of its vehicle engineering partner FEV North America Inc.

ElectraMeccanica says flagship SOLO EV showcased during US Secretary of Energy's tour of Michigan manufacturing facilities

VANCOUVER, British Columbia, Aug. 06, 2021 (GLOBE NEWSWIRE) -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles, announced today that Jennifer Granholm, former Michigan Governor and current U.S. Secretary of Energy, visited several southeastern Michigan manufacturing facilities along with Congresswoman Haley Stevens on Thursday, August 5. As part of the tour, Granholm viewed the Company's flagship SOLO EV among other vehicles at the U.S. headquarters of its vehicle engineering partner FEV North America, Inc. in Auburn Hills, Michigan.

ElectraMeccanica's SOLO EV Showcased During U.S. Secretary of Energy Jennifer Granholm‘s Michigan Manufacturing Tour

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.

Will ElectraMeccanica Vehicles Corp. (SOLO) Report Negative Q2 Earnings? What You Should Know

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You could definitely make a statement driving ElectraMeccanica's (SOLO) flagship SOLO EV but the stock's success will largely depend on the mass adoption of such three-wheeled single-seater EVs.

"Drive SOLO" & Reassess Your Driving Habits: Own the Stock Too?

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Electrameccanica (SOLO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Electrameccanica (SOLO) Ahead of Earnings?

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ElectraMeccanica Vehicles Corp (NASDAQ:SOLO) revealed in its first-quarter financial results that it had cash and its equivalents and short terms deposits of $260.4 million as of March 31, which its CFO says has been “preparing ElectraMeccanica for what's coming next.”  The combined cash on hand figure roughly doubled from $129.5 million as of December 31.

ElectraMeccanica touts $260.4M in cash and deposits in 1Q results as work on Arizona manufacturing plant is underway

VANCOUVER, British Columbia, May 13, 2021 (GLOBE NEWSWIRE) -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles, reported financial results for the first quarter ended March 31, 2021 in conjunction with the filing of its Quarterly Report on Form 6-K earlier today.

ElectraMeccanica Reports First Quarter 2021 Financial Results

News for Electrameccanica Stock (SOLO)