ElectraMeccanica Develops Mobile App for Remote Monitoring of Its SOLO EV
May 05 2020 - 8:31AM
ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica"
or the "Company"), a designer and manufacturer of electric
vehicles, has begun development of its new smartphone app that will
enable remote monitoring capabilities for
SOLO EV
owners.
The smartphone app will be available with the
launch of the SOLO EV production vehicle. Both
Apple iOS and Android versions will provide SOLO
EV owners with a connected vehicle experience, enabling remote
monitoring of the vehicle status. SOLO EV app
features will incorporate the capability to determine whether the
vehicle is plugged in and connected, the battery state of charge,
and length of time to completion of charge. Other features will
include GPS guidance to the nearest charging stations, one touch
contact to ElectraMeccanica service personnel and various
convenience reminders.
“Smartphone integration has become a key
requirement for modern connected vehicles, and we are excited to
offer an innovative, customized solution for proud
SOLO owners,” said Paul Rivera, Chief Executive
Officer of ElectraMeccanica. “The launch version of the app will
include the functionalities we believe are most important to our
customers, with new updates and features to come in later
releases.”
The ElectraMeccanica app will be available for
download from the www.electrameccanica.com website, on Google Play
Store for Android and Apple App Store for iOS.
About ElectraMeccanica Vehicles
Corp. ElectraMeccanica Vehicles Corp.
(NASDAQ: SOLO) is a Canadian designer and manufacturer of
environmentally efficient electric vehicles. The company’s flagship
vehicle is the innovative purpose built; single-seat electric
vehicle called the SOLO. This three-wheeled
vehicle will revolutionize the urban driving experience, including
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 61 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.
Company Contact:Ms. Bal Bhullar, CPA, CGA,
CRMChief Financial Officer & Director(604)
428-7656Bal@electrameccanica.com
Investor Relations:Greg FalesnikManaging
DirectorMZ Group - MZ North America(949)
385-6449SOLO@mzgroup.uswww.mzgroup.us
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/bbfcfcf0-219d-4184-8814-840435de886c
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