Electrameccanica Vehicles Corp.

Electrameccanica Vehicles Corp.

SOLO
Electrameccanica Vehicles Corp.US flagNASDAQ Capital Market
0.21
USD
-0.01
- -
25.36MMarket Cap
Electrameccanica Vehicles Corp.
SOLO
(NASDAQ Capital Market)

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0.21

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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.

Company News

APIChat
  • 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

  • ElectraMeccanica Announces Filing and Mailing of the Joint Proxy Statement/Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Proposed Combination with Xos

  • Electrameccanica Vehicles Corp. (SOLO) ElectraMeccanica and Xos Joint Investor Call Transcript

  • ELECTRAMECCANICA INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Merger of ElectraMeccanica Vehicles Corp. - SOLO

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

  • Xos and ElectraMeccanica Announce Proposed Combination to Accelerate Xos' Leadership Position in Manufacturing Commercial Electric Vehicles for Major U.S. Fleet Customers

  • 3 EV Stocks to Sell in January Before They Crash and Burn

  • ElectraMeccanica Provides Shareholders with December CEO Update

  • EV Stocks Alert: Electric Vehicle Prices Have Plunged 33% This Year