Electrameccanica Vehicles Corp.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Susan E. Docherty
- Full Time Employees
- 34
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- Address
- 8057 North Fraser Way Burnaby BC Canada V5J 5M8
- IPO Date
- Aug 9, 2018
- CIK
- 0001637736
- Website
- electrameccanica.com
- Similar Companies
- Business
- ElectraMeccanica Vehicles Corp. (SOLO), now operating as ElectraMeccanica North America Corp., designs, manufactures, and sells electric vehicles primarily for urban commuting and personal use in the United States and Canada; its flagship product is the SOLO, a single-seat, three-wheeled electric vehicle available in generations including G1, G2, and G3 models, complemented by related services such as repairs, support, parts sales, and direct-to-consumer marketing targeting individuals and small businesses. Founded in 2015 and headquartered in Burnaby, British Columbia, Canada, with recent operations shifting to Mesa, Arizona, the company previously developed additional concepts like the Tofino two-seater roadster and Super Solo sports variant through its subsidiary Intermeccanica, leveraging over 60 years of specialty vehicle expertise. In March 2024, ElectraMeccanica was acquired by Xos, Inc. in an all-stock transaction adding approximately $48 million to Xos' balance sheet to support growth in electric commercial vehicles; this followed a 2023 voluntary recall and buyback program for 429 SOLO G2 and G3 units (model years 2019 and 2021-2023) due to potential loss-of-propulsion defects, after which the company ceased warranting or servicing those models; it now functions as a subsidiary of Xos, aiding expansion into medium- and heavy-duty electric trucks.
Terra Innovatum Signs Commercial LOI with Waiken ILW for Deployment of SOLO™ Microreactors at DIRECTV Latin America Data Center Facilities
EV Maker Lucid Hires Firm to Advise on Turnaround
EV maker Polestar's quarterly sales volumes slide amid US market ban
EV demand powers Europe car market in May, Chinese rivals expand share
EV maker Lucid to lay off about 18% of US workforce
Terra Innovatum Launches Initiative to Enhance SOLO™ Reactor Output and Efficiency
EV-maker Rivian cuts hundreds of jobs after launching new SUV
EV Startup Rivian Lays Off Hundreds of Workers
Terra Innovatum Secures Water-Independent Cooling Solution for SOLO™ Reactor Through Supply Agreement with SPG Dry Cooling
Terra Innovatum Expands U.S. Presence with Pittsburgh, Pa. Headquarters and Leadership Appointments to Advance SOLO™ Licensing Readiness and FOAK Deployment
Terra Innovatum Signs Strategic Agreement with Conuar to Advance Core Component Manufacturing for SOLO™
Terra Innovatum Advances NRC Licensing of SOLO™ Reactor Licensing Through Expanded Regulatory Submissions
RZOLV Technologies Inc. Announces Management Changes
Terra Innovatum Launches Early Industrial Production Activities for SOLO Micro-Modular Reactor with Strategic Manufacturing Partner ATB Riva Calzoni
Terra Innovatum Advances USNRC Licensing Process for SOLO Micro-Modular Nuclear Reactor, Moving One Step Closer to Commercialization
Terra Innovatum SOLO(TM) Design Aligns with U.S. NRC's Recent Considerations of Streamlined Licensing Path for Proliferation-Resistant Micro-Modular Reactors
ElectraMeccanica Vehicles Corp. Reports Results of Special Meeting of Shareholders
ElectraMeccanica Reminds Shareholders to Vote in Favour of the Proposed Combination With Xos and Provides Additional Disclosure
ElectraMeccanica Founder and Former Board Member Jerry Kroll Agrees to Vote in Favor of Proposed Combination with Xos, Inc.
ELECTRAMECCANICA INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of ElectraMeccanica Vehicles Corp. - SOLO