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. The Stock rose vividly during, At the end of the latest market close, Annaly Capital Management Inc. (NLY) was valued at $22.70. This will be a full-time position. The goal of the Host Committee is to galvanize local stakeholders in a united approach to hosting the largest single-day sporting event in the world by maximizing positive media exposure, fueling the economic engine of Arizona, and leaving a lasting legacy in the community. Jennifer Sensiba is a long time efficient vehicle enthusiast, writer, and photographer. Elio Motors is another example of a company that stumbled in this space. My thanks to ElectraMeccanica, the Arizona Commerce Authority, the City of Mesa and all involved in bringing this exciting project to Arizona.. Thats less than an hour south of Mesa. Receive the most recent obituaries every afternoon. Instead of a hatchback, this version of the car features a cargo box. Either way, it seems like were are finally seeing some success for 3-wheeled vehicles. ElectraMeccanica says it will ultimately have the capacity to produce up to 20,000 vehicles per year in its 235,000-square-foot facility in Mesa. The Arizona Super Bowl Host Committee is a nonprofit organization responsible for planning and executing a successful Super Bowl LVII in 2023. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. 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. Phoenix ranks as the fifth largest city in the U.S. according to 2020 census data, with nearly . Arizona has fast become the electric vehicle center of America thanks to our robust and growing workforce, vibrant innovation ecosystem, and ideal business environment. ElectraMeccanica ultimately chose Arizona because of our abundant workforce, and our location with close proximity to California and Mexico is second to none, Watson explains. The stocks price range for the 52-week period managed to maintain the performance between $0.57 and $2.44. 'We have made a significant commitment to Arizona by recently moving our corporate headquarters and manufacturing facility to Mesa ,' said Susan Docherty, CEO of ElectraMeccanica Vehicles Corp. 'It is important for us to support our home state, and by so doing, to help the SBHC deliver the greenest Super Bowl ever. It reduces dwell time for vehicles and lowers transportation costs, he says. The company has been looking for the right city to build its headquarters and production facilities for about a year. With Lucid Motors setting up a factory in nearby Casa Grande (a 20-30 minute drive away) and Gruber Motors rebuilding/refurbishing Tesla vehicles in Phoenix proper, ElectraMeccanicas SOLO production facilities will be in good company. Take THAT, China! Hopefully the SOLOs come with premium A/C, too. The industry-facing website Within each finalist state, the Company has selected two finalist sites within the Phoenix, AZ metro . Today, ElectraMeccanica has announced the remaining two finalists as Arizona and Tennessee. Arizona is also the epicenter of automated driving. This led to seven bids from local authorities in prospective states. Interview with Mobilize CEO Clotilde Delbos: The car becomes a Lucid opens new retail centre in the Netherlands, Worlds largest electric ferry launches in Norway, Designwerk presents megawatt charging station, Possible battery problem with 10,000 VW ID.3 and ID.4, VW is reorganizing Quality and Design departments. Inc. (CNEY) is priced at $0.87 after the most recent trading session. Apply on company site. All rights reserved. Arizona has fast become the electric vehicle center of America thanks to our robust and growing workforce, vibrant innovation ecosystem, and ideal business environment. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) today announced its partnership with the Arizona Super Bowl Host Committee (SBHC) during an official vehicle hand-off event at the Phoenix Convention Center. On May 15, Vancouver, Canada-based ElectraMeccanica Vehicles Corp. broke ground on its first U.S.-based assembly facility and engineering technical center in Mesa. 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. Stand behind what you post. Job Details. The vehicles will help SBHC employees and volunteers to easily navigate crowded city streets and limited parking options. The statement said that the plant is expected to generate 500 jobs. She said the decision was one of the first Susan Docherty made as CEO. She likes to get off the beaten path in her "Bolt EAV" and any other EVs she can get behind the wheel or handlebars of with her wife and kids. ElectraMeccanica will also support the SBHC by participating in various events throughout Arizona during the weeks leading up to the Super Bowl, including an interactive display at the Super Bowl Experience presented by Lowe's at Hance Park, 100 Yards of Education: A STEM Playbook for Youth education event at State Farm Stadium with an anticipated attendance of more than one thousand students . Your purchase was successful, and you are now logged in. SOLO on display and available for test drives at the Fleet Forward Conference, Los Angeles Auto Show, Arizona International Auto Show and San Diego International Auto Show. Made in Germany! Phoenix ranks as the fifth largest city in the U.S. according to 2020 census data, with nearly 1.8 million residents. 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Arizona is thrilled to be selected as the home of ElectraMeccanicas first U.S.-based assembly facility and engineering technical center, said Governor Doug Ducey. Joe Kent's Reel Report every evening. The companys flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. The other four companies have just as much potential. Canadian electric-vehicle maker ElectraMeccanica will build its three-wheeled, single-seat commuter car for the U.S. market at a factory in Mesa, Ariz. "I think this was a very natural place for us to come. The biggest reason for us is wewant to have a made in the USAproduct, Rivera said. We previously reported the EV startup had whittled its list down to two finalists, Arizona and Tennessee. electric mobilityindustry. Legal Statement. VANCOUVER, British Columbia, October 06, 2022--ElectraMeccanica Secures License to Sell SOLO EV in Arizona I want to thank Governor Ducey, his team, the state of Arizona and everyone whos been involved in this process for helping to bring ElectraMeccanicas U.S. operations to life, said Company CEO Paul Rivera. This material may not be published, broadcast, rewritten, or redistributed. Electrameccanica Vehicles Corp. had a pretty Dodgy run when it comes to the market performance. No matter how you measure the efficiency, thats pretty amazing. Frances EVs Take Record Quarter Share Of Market, Sandy Munro: The Coming Wave of Chinese EVs, Sandy Munro On Which Automakers Are Getting It Right Besides Tesla, Sandy Munro: How Tesla Gets To The $24,000 Car, Sandy Munro: Tesla Is Engineering At The Speed Of Thought. names allowed. 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. The Host Committee serves as liaison between the NFL and all regional efforts, culminating with the game in 2023 at State Farm Stadium, home to the Arizona Cardinals. ElectraMeccanica Arizona City, AZ (On Site) Full-Time. Receive updates on the latest issues of Coast Monthly. Variable clouds with scattered thunderstorms. (adsbygoogle = window.adsbygoogle || []).push({}); Subscribe to electrive today by Its just across the picket fence from a major airport, its next to a freeway that will get you to Southern California in half a day, theres a strong workforce here, and Arizona State University is just a stones throw away, he says. The companys shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 960356 for the day, which was evidently lower, when compared to the average daily volumes of the shares. Inc. (CNEY) cant be written off after posting last 3-months Average volume of 687.01K, Minerva Surgical Inc. (UTRS): Get Prepared for Trading Lift Off. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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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. MESA, Ariz., January 06, 2023--(BUSINESS WIRE)--ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) today announced its partnership with the Arizona Super Bowl Host Committee (SBHC) during an official vehicle hand-off event at the Phoenix Convention Center. At the very opening of the session, the stock price, For the readers interested in the stock health of Minerva Surgical Inc. (UTRS). This role will work out of 8127 E Ray Road, Mesa, AZ 85212. Doug Ducey attend the commissioning ceremony for the company's Mesa plant. The company says its new plant represents a major step and will serve as the company's new headquarters. ADVERTISEMENT Were riding the macroeconomictailwinds right now.. The Arizona Super Bowl Host Committee is a nonprofit organization responsible for planning and executing a successful Super Bowl LVII in 2023. She worked with Dale Clift to build a few prototypes for a lightweight 3-wheeled vehicle that could achieve 80 MPG using a motorcycle engine. Get the newsletter and be the first to hear about events, promotions, and updatesin the world of ElectraMeccanica. The SOLO is going to be a 3-wheeled EV built for . The major emphasis of this platform is to present, the most practical recommendation for public and private capital sharing, both in the form of updates and detailed analysis. ICYMI also features select historical content. The public can see and touch the vehicle, ask questions and place pre-orders. 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. 51% Plugin Vehicle Share In The Netherlands! Furthermore, at a price point of $18,500, it can serve as a popular, multi-functional vessel around Phoenix. workday short, to the point, Chance of rain 50%.. Generally clear. Its going to be a homerun for companies that are in fast food, pizza or grocery deliveries; security companies that monitor parking lots and communities, Rivera says. My thanks to ElectraMeccanica, the Arizona Commerce Authority, the City of Mesa and all involved in bringing this exciting project to Arizona.". As just one part of its partnership, ElectraMeccanica presented the SBHC with ten custom-wrapped, all-electric, SOLOs for the Committee to use as courtesy vehicles during the Super Bowl during January and February. On the run for past crimes, including counterfeiting, Geraldine was also struggling to live as a transgender woman in a time when the US public was outright hostile to the LGBT community (but she did have the support of her wife and children). The SOLO is currently available for order here. For more information, please visit www.emvauto.com. ElectraMeccanica is the fifth electric vehicle manufacturing facility to open in Arizona since 2016, and Arizona ranks seventh nationally for electric vehicle adoption, with four electric vehicles . We think there will be a massappeal for fleets because think about how manyapplications there are forfleets, especially arounddelivery for pizzas, and fast food franchise [and] small parcel post.. https://www.businesswire.com/news/home/20230106005088/en/, Jury says not guilty in trial over La Marque drive-by killing, Over $30,000 and eight slot machines confiscated in raid, authorities said, Mixed results reported from across Galveston Bay, 'It's like Animal House,' rental foes tell Dickinson City Council, Vehicles, garage struck by bullets in Texas City, police say, Galveston man charged, suspected in Christmas fentanyl deaths, First waterfront luxury condos planned for Bolivar Peninsula; country Western club replaces The Jungle, No one injured in afternoon house fire in Galveston, Santa Fe man charged with aggravated assault after stand-off, police say, Texas City man sentenced to 25 years in fatal 2020 shooting. BMW iX review: How efficient is the BMW eSUV in real life? ElectraMeccanica currently has just over 70 employees but expects to bring on up to 500 . 5 min read. Winds WSW at 10 to 20 mph. The vehicle will sell for $18,500, so its going to be pretty affordable. Something went wrong while submitting the form. The companys flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. The company said it plans to make more than 20,000 cars a year. The architect of the plant is Ware Malcomb, and Willmeng Construction is the general contractor. In addition, long term Debt to Equity ratio is set at 0.09. find her on Twitter here, But this is just one of the opportunities we have researched in our free report. Eventually, ElectraMeccanica plans to employ about 500 people at the facility, and it is already hiring for engineering positions. Features include front and rear crumple zones, side impact protection, roll bar, torque-limiting control, as well as power steering, power brakes, air conditioning, and a Bluetooth entertainment system. ElectraMeccanica will lease the building from developer MarWest Enterprises. No racism, sexism or any sort of -ism ElectraMeccanica is unique in launching a three-wheeled EV that can hit 80 mph with 100 miles of range. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) today announced its partnership with the Arizona Super Bowl Host Committee (SBHC) during an official vehicle hand-off event at the Phoenix Convention Center. The 1-year high price for the companys stock is recorded $1.0800 on 01/11/23, with the lowest value was $0.6061 for the same time period, recorded on 01/03/23. The second element is fleet and commercial use. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. Start your morning with the top headlines each day. Arizona is a driving force of innovation, and todays ribbon cutting for ElectraMeccanica is further proof of that, said Governor Ducey. Weve had three EV groundbreakings in the last 16 months, which is incredible, says Sandra Watson, president and CEO of the Arizona Commerce Authority. Just the fact that theres a lot of EVs in Los Angeles, San Francisco and up the coast in Washington and Oregon, made this location ideal for us. VANCOUVER, British Columbia-(BUSINESS WIRE)-ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today announced that it has secured licensing to sell its revolutionary single-seater electric vehicle, the SOLO, in Arizona. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Don't Threaten. According to Mesa Mayor John Giles, the site offers a number of strategic advantages. or anything. EVs Take 55% Of The German Auto Market In December! Most people want a more traditional vehicle with at least 4 or 5 seats because theyd be able to use it for more things than they could use a 1-2 seater vehicle for. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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