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.

A merger between Tevva Motors, the British electric truck which supplies electric trucks to Royal Mail, and ElectraMeccanica (NASDAQ:SOLO) has been scrapped by the US company, which also said it is exploring legal options. The Essex-based startup engaged in "multiple incurable breaches" of the reverse takeover deal agreement from August, the New York-listed company said in a statement, including failing to disclose "material information" about itself.

Royal Mail electric truck supplier's merger with Nasdaq listed rival scrapped

ElectraMeccanica, former maker of three-wheeled electric vehicles, said on Wednesday that it has “terminated” its plan to merge with Tevva, which makes hydrogen-electric trucks (not sandals).  ElectraMeccanica said its board decided unanimously to bin the deal over “multiple incurable breaches of the agreement by Tevva.

Tiny EV maker ElectraMeccanica pulls the plug on its exit plan

MESA, Ariz.--(BUSINESS WIRE)--ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica”), a designer and assembler of electric vehicles, today announced that it has terminated—with immediate effect—the previously-announced arrangement agreement with Tevva Motors Limited (“Tevva”) as a result of multiple incurable breaches of the agreement by Tevva, including failures by Tevva to disclose to ElectraMeccanica material information about Tevva. The decision to terminate the agreement was m.

ElectraMeccanica Terminates Arrangement Agreement With Tevva

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ElectraMeccanica Vehicles Corp. (SOLO) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

ElectraMeccanica Vehicles Corp. (SOLO) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

ElectraMeccanica Vehicles Corp. (SOLO) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, SOLO's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.

Should You Buy ElectraMeccanica Vehicles Corp. (SOLO) After Golden Cross?

ElectraMeccanica Vehicles Corp. (SOLO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes ElectraMeccanica Vehicles Corp. (SOLO) a New Buy Stock

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ElectraMeccanica (SOLO) and Tevva are set to merge, which will redefine the zero-emission commercial vehicle landscape across the UK, Europe and the United States.

ElectraMeccanica (SOLO), Tevva to Merge in Green Vehicle Leap

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Tevva Motors, the British electric truck which supplies electric trucks to Royal Mail, plans to shift its base to the US following a merger agreement with ElectraMeccanica (NASDAQ:SOLO). The Essex-based startup yesterday agreed to reverse into the New York-listed sector peer, with Tevva shareholders in the driving seat with 76.5% of the combined entity.

Royal Mail electric truck supplier Tevva will transfer main base to USA as part of ElectraMeccanica deal

News of a pending merger is sending ElectraMeccanica Vehicles (NASDAQ: SOLO ) stock up this morning. The electric vehicle (EV) producer has struggled recently, but it may be nearing a turning point.

SOLO Stock Alert: Electrameccanica Surges on Merger Plans

ElectraMeccanica, the maker of the tiny three-wheeled Solo electric vehicle, will merge with UK-based truck manufacturer Tevva in a bid to grow their combined market share for electric trucks, the companies said Tuesday. The merger represents a pivot for ElectraMeccanica, which struggled to produce its small electric vehicle profitably.

ElectraMeccanica to merge with electric truck startup Tevva

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) and Tevva is fair to ElectraMeccanica shareholders. Upon the closing of the proposed transaction, ElectraMeccanica shareholders will own 23.5% of the combined company. Halper Sadeh encourages ElectraMeccanica shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 7.

SOLO Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of ElectraMeccanica Vehicles Corp. Is Fair to Shareholders

It is being touted as a merger of equals but looks very much like a reverse takeover - which, under the circumstances would seem fitting. Tevva, the UK electric truck maker, is throwing in its lot with ElectraMeccanica (NASDAQ:SOLO), the emerging US EV group.

UK electric truck maker Tevva reverses into US EV manufacturer ElectraMeccanica

Electrameccanica Vehicles Corp. SOLO said Tuesday it agreed to combine with Tevva as part of Tevva's U.S. expansion in the electric medium- and heavy-duty commercial vehicle business. Financial details of the acquisition were not disclosed.

EV trucker maker Tevva buying Electrameccanica Vehicles as part of U.S. push

MESA, Ariz. & LONDON--(BUSINESS WIRE)--ElectraMeccanica, (NASDAQ: SOLO) (“ElectraMeccanica”), a designer and assembler of electric vehicles, and Tevva, a pioneer in electric medium- and heavy-duty commercial vehicles (“Tevva”), today announced that they have entered into a definitive arrangement agreement, pursuant to which ElectraMeccanica and Tevva have agreed to combine by way of a British Columbia statutory plan of arrangement. The attending members of the Boards of Directors of both compan.

ElectraMeccanica and Tevva Announce Proposed Merger Agreement Intended to Create a Market Leader in Zero-Emission Commercial Vehicles - Focusing First in the United Kingdom, then in Europe and the United States

ElectraMeccanica Vehicles Corp. (SOLO) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.17 per share a year ago.

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

MESA, Ariz.--(BUSINESS WIRE)--On August 4, 2023, ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, is pleased to report the filing of the Company's quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2023 with the U.S. Securities and Exchange Commission (the “SEC”). This Form 10-Q filing, which includes the Company's unaudited consolidated financial.

ElectraMeccanica Vehicles Corp. Files Q2 2023 Financial Results

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News for Electrameccanica Stock (SOLO)