Electra Meccanica Granted Patent in China for Proprietary Battery Cartridge Design
April 29 2019 - 8:31AM
Electra Meccanica Vehicles Corp. (NASDAQ: SOLO) (“Electra
Meccanica” or the “Company”), a designer and manufacturer of
electric vehicles, has been awarded a patent in China by the
National Intellectual Property Administration for the design of its
proprietary battery cartridge.
The patent, Chinese Design No. ZL
201830277724.X, is valid for 10 years from the filing date and
covers Electra Meccanica’s proprietary battery cartridge design
that is an integral feature underlying the Company’s flagship SOLO
EV. The patent in China expands upon previous successful battery
cartridge patent registrations in Europe, Japan and Canada – with
another patent pending in the United States - further strengthening
international patent protection for the unique design.
“We are pleased to announce this very important
new patent win in China, growing our global intellectual property
portfolio to 25 invention and design patent assets that have been
filed or issued,” said Jerry Kroll, CEO of Electra Meccanica. “This
patent continues to validate the amazing work that our R&D team
does every day. We envision our intellectual property portfolio to
play an increasingly important role in the future, providing us
with an exciting strategic advantage over any new entrants to the
space. I look forward to providing our shareholders with further
updates as we continue to strengthen our patent portfolio.”
About Electra Meccanica 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 60 years. For more information,
visit www.electrameccanica.com.
Forward Looking Statements
Some 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) 867-0670 sean@ElectraMeccanica.com
Investor
Relations:
Greg Falesnik Managing
Director
MZ Group - MZ North America (949) 385-6449
greg.falesnik@mzgroup.us www.mzgroup.us
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