Watch ElectraMeccanica’s First Exclusive Interview From Strategic Partners’ Manufacturing Facility in China
October 25 2019 - 8:31AM
ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica”
or the “Company”), a designer and manufacturer of electric
vehicles, has conducted its first video interview at their
strategic partners’ manufacturing facility in Chongqing, China.
The facility is owned and operated by ElectraMeccanica’s
strategic manufacturing partner, Zongshen, a wholly-owned
subsidiary of Zongshen Industrial Group Co. Ltd. an early investor
in ElectraMeccanica and China’s largest manufacturer of motorcycles
and motorcycle engines.
To view the video interview at the Zongshen facility with
ElectraMeccanica’s CEO, Paul Rivera, please click here, or visit:
https://investors.electrameccanica.com/media.
“This interview provides us with an exciting opportunity to
discuss our growing team and the upcoming launch of our flagship
electric vehicle—the SOLO EV—from the exact
location where they are being manufactured by our strategic
partner,” said Rivera. “Not only is the SOLO
unique, fun and trendsetting, but the way we went about production
is very different as well. This interview provided us with the
opportunity to show off our cutting-edge production line with
Zongshen in China, where we will begin producing commercial
SOLOs soon and start to deliver to customers
in 2020. This industry-leading contract manufacturing partner—who
produces over two million motorcycles each year—reduces our
production risk, accelerates production and notably minimizes
capital expenditures.”
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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