ElectraMeccanica to Debut Flagship SOLO EV at Westfield Century City Shopping Mall in Los Angeles
November 19 2019 - 8:31AM
ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica”
or the “Company”), a designer and manufacturer of electric
vehicles, is opening its first retail kiosk to showcase its
all-electric, single-seat
SOLO. Potential
customers will have the opportunity to view, drive and place
pre-orders for the much-anticipated
SOLO, to be
released in 2020.
The kiosk is located in the highly trafficked
Westfield Century City Shopping Mall in Los Angeles, California. It
will be open during the 2019 Holiday Season from 10:00 a.m. to 9:00
p.m. daily, starting Black Friday, November 29, 2019 through
Sunday, January 5, 2020. Westfield Century City Shopping Mall is
conveniently located amongst the surrounding Beverly Hills, Bel
Air, Santa Monica and Century City communities. ElectraMeccanica
sales staff will introduce customers to the benefits and features
of the SOLO, as well as offer test drives to
potential customers. Eager early adopters will have the opportunity
to place pre-orders on-site, adding to an already lengthy waiting
list.
“Los Angeles was strategically selected as the
first market to launch the SOLO because of the
early adopter mentality prevalent throughout the city,” said Paul
Rivera, ElectraMeccanica Chief Executive Officer. “We are thrilled
to showcase the vehicle to Century City Shopping Mall customers at
our kiosk. Our safe, environmentally responsible and fun EV will
not only provide an exciting driving experience, but will
revolutionize commuting as we know it.”
The SOLO is a new single-seat
EV made by Vancouver-based auto maker, ElectraMeccanica. It
features a 100-mile range, cruises comfortably at highway speeds
and can charge on a regular household (110V) socket in under 6
hours. ElectraMeccanica’s SOLO vehicles will be
released for consumers in 2020 and are expected to retail for under
$20,000 USD.
About ElectraMeccanica Vehicles
Corp.ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a
Canadian designer and manufacturer of electric vehicles. The
company’s flagship vehicle is the innovative purpose built;
single-seat electric vehicle called the
SOLO. This vehicle will revolutionize
commuting, delivery and shared mobility. The
SOLO provides a driving experience that is unique,
trendy, fun, affordable and environmentally friendly.
InterMeccanica, a subsidiary of ElectraMeccanica, has successfully
been building high-end specialty cars for 60 years. For more
information, please visit www.electrameccanica.com.
Safe Harbor StatementExcept for
the statements of historical fact contained herein, the information
presented in this news release and oral statements made from time
to time by representatives of the Company are or may constitute
“forward-looking statements” as such term is used in applicable
United States and Canadian laws and including, without limitation,
within the meaning of the Private Securities Litigation Reform Act
of 1995, for which the Company claims the protection of the safe
harbor for forward-looking statements. These statements
relate to analyses and other information that are based on
forecasts of future results, estimates of amounts not yet
determinable and assumptions of management. Any other
statements that express or involve discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives,
assumptions or future events or performance (often, but not always,
using words or phrases such as “expects” or “does not expect”, “is
expected”, “anticipates” or “does not anticipate”, “plans,
“estimates” or “intends”, or stating that certain actions, events
or results “may”, “could”, “would”, “might” or “will” be taken,
occur or be achieved) are not statements of historical fact and
should be viewed as forward-looking statements. 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. Such risks and other factors
include, among others, the availability of capital to fund programs
and the resulting dilution caused by the raising of capital through
the sale of shares, accidents, labor disputes and other risks of
the automotive industry including, without limitation, those
associated with the environment, delays in obtaining governmental
approvals, permits or financing or in the completion of development
or construction activities or claims limitations on insurance
coverage. 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. 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.
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. Forward-looking information is subject to certain
risks, trends and uncertainties that could cause actual results to
differ materially from those projected. Many of these factors
are beyond the Company’s ability to control or predict. 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 Company’s filings with the Securities
and Exchange Commission. The Company assumes no obligation to
update or supplement any forward-looking statements whether as a
result of new information, future events or otherwise.
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. This news
release shall not constitute an offer to sell or the solicitation
of an offer to buy securities.
Investor Relations:Greg FalesnikManaging
DirectorMZ Group - MZ North America(949)
385-6449SOLO@mzgroup.uswww.mzgroup.us
Media Contact:Sean MahoneyC.
310-867-0670sean@electrameccanica.com
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