Electra Meccanica Appoints the Honourable Jack Austin to Board of Directors
November 20 2018 - 9:25AM
ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("Electra Meccanica"
or the "Company"), a designer and manufacturer of electric
vehicles, today appointed the Honourable Jack Austin to the Electra
Meccanica Board of Directors. Mr. Austin’s appointment increases
the total number of board members to seven, with five independent
members.
Mr. Austin brings to Electra Meccanica a
distinguished career of more than 50 years, including the teaching
and practice of business law, experience as a corporate executive,
and extensive experience in public policy. He served as a Deputy
Minister, Principal Secretary to Prime Minister Pierre Elliot
Trudeau, as a Senator representing British Columbia, and as Cabinet
Minister in the Governments of Prime Minister Pierre Trudeau and
Prime Minister Paul Martin. Mr. Austin served as President of the
Canada China Business Council from 1993 to 2000, and for the
following three years as Vice-Chairman.
Mr. Austin retired from the Canadian Senate in
2007 and resumed his activity in the private sector, during which
time he served on the advisory council of several leading academic
institutions, including the University of British Columbia and
Simon Fraser University.
“We are truly honored to have Jacob Austin join
our board of directors,” said Steven Sanders Chairman of Electra
Meccanica. “Mr. Austin is a visionary policy maker and businessman,
with extensive experience in international business. His unique
combination of business acumen, industry ties and a deep passion
for our environment makes Mr. Austin an ideal fit for our board of
directors. I look forward to his contributions during this exciting
time for Electra Meccanica.”
“As a businessman, former senator and strong
proponent of a clean energy future, I am very pleased to join the
Electra Meccanica Board of Directors,” said Jack Austin. “The
Company’s vehicles are well-engineered, affordable, efficient and
most importantly – fun. I look forward to leveraging my experience
to advise management on its strategic initiatives to increase
shareholder value and accelerate the adoption of its innovative
electric vehicles worldwide.”
About ElectraMeccanica Vehicles
Corp.:
Electra Meccanica is a designer and manufacturer
of electric vehicles. The Company builds the innovative,
all-electric SOLO, a single passenger vehicle developed to
revolutionize the way people commute, as well as the Tofino, an
elegant high-performance two seater electric roadster sports car.
Both vehicles are tuned for the ultimate driving experience while
making your commute more efficient, cost-effective and
environmentally friendly. Intermeccanica, a subsidiary of Electra
Meccanica, has successfully been building high-end specialty cars
for 59 years. The Electra Meccanica family is delivering next
generation affordable electric vehicles to the masses. For more
information, visit www.electrameccanica.com.
Safe Harbor StatementsSome of
the statements contained in this press release are forward-looking
statements and information within the meaning of applicable
securities laws. Forward-looking statements and information can be
identified by the use of words such as “expects”, “intends”, “is
expected”, “potential”, “suggests” or variations of such words or
phrases, or statements that certain actions, events or results
“may”, “could”, “should”, “would”, “might” or “will” be taken,
occur or be achieved. Forward-looking statements and information
are not historical facts and are subject to a number of risks and
uncertainties beyond the Company’s control. Actual results and
developments are likely to differ, and may differ materially, from
those expressed or implied by the forward-looking statements
contained in this news release. Accordingly, readers should not
place undue reliance on forward-looking statements. The Company
undertakes no obligation to update publicly or otherwise revise any
forward-looking statements, except as may be required by law.
Media Contact:Sean Mahoney (310)
867-0670sean@ElectraMeccanica.com
Investor Relations:Greg FalesnikManaging
DirectorMZ Group - MZ North America(949)
385-6449greg.falesnik@mzgroup.uswww.mzgroup.us
Electrameccanica Vehicles (NASDAQ:SOLO)
Historical Stock Chart
From Mar 2024 to Apr 2024
Electrameccanica Vehicles (NASDAQ:SOLO)
Historical Stock Chart
From Apr 2023 to Apr 2024