Electrameccanica

Electrameccanica Vehicles Corp engages in the development and manufacture of electric vehicles. It operates through the Electric Vehicles and Custom Build Vehicles segments. The Electric Vehicles segment develops and manufactures electric vehicles for mass markets. The Custom Build Vehicles segment offers custom-built vehicles. The company was founded by Jerry Kroll and Henry R. Reisner on February 16, 2015 and is headquartered in Burnaby, Canada.

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Electra Meccanica is a development-stage company, plans, develops, manufactures, and sells single person electric vehicles under the SOLO name. It specializes in clean energy, electric vehicles, electric cars, innovation, start-ups Canada, technology, and Environment. The company was founded in 2015 and headquartered in British Columbia, Canada.

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ElectraMeccanica Vehicles Corp. (SOLO) closed at $6.17 in the latest trading session, marking a -1.75% move from the prior day.

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In the latest trading session, ElectraMeccanica Vehicles Corp. (SOLO) closed at $7.27, marking a -0.14% move from the previous day.

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ElectraMeccanica Vehicles Corp (NASDAQ:SOLO) announced Wednesday the expansion of its retail footprint into seven additional US locations along the West Coast.  These direct-to-consumer retail centers include the company's first locations in Colorado and Washington, as well as additional locations in California, Arizona, and Oregon.

ElectraMeccanica expands retail footprint with seven additional US locations

VANCOUVER, British Columbia, Feb. 17, 2021 (GLOBE NEWSWIRE) -- ElectraMeccanica Vehicles Corp.  (NASDAQ: SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles, today announced the expansion of its retail footprint into seven (7) additional locations along the West Coast of the United States. These direct-to-consumer retail centers include the Company's first locations in Colorado and Washington as well as additional locations in California, Arizona and Oregon. Following the opening of these new locations, the Company now maintains a total of 20 locations in ten (10) major metropolitan areas within five (5) states in the western U.S.

ElectraMeccanica Continues Retail Expansion Campaign With Seven New Locations

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Electric vehicles are still red-hot but SOLO stock is testing the shareholders' patience. That's fine, as a big move is likely to happen soon.

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The upstart electric vehicle company's share price has surged roughly 272% over the last year.

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VANCOUVER, British Columbia, Feb. 02, 2021 (GLOBE NEWSWIRE) -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles, has been invited to present at the Stifel Virtual Transportation & Logistics Conference, which is being held virtually on February 9-10, 2021.

ElectraMeccanica to Present at the Stifel Virtual Transportation & Logistics Conference on February 9, 2021

SOLO stock has soared on EV optimism, but there's little evidence that the company can actually capitalize on the industry's growth. The post Take This Opportunity to Take Profits in Electrameccanica Vehicles appeared first on InvestorPlace.

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SOLO stock is up 264%, which is an unrealistic valuation considering its nascent nature and the American obsession with pickups. The post Despite Innovative Concept Electrameccanica Is Extremely Overvalued appeared first on InvestorPlace.

Despite Innovative Concept Electrameccanica Is Extremely Overvalued

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ElectraMeccanica still needs capital. Until it can raise $150 million and start making retail sales, , SOLO stock looks overvalued.

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ElectraMeccanica introduces its first electric vehicle just as an environmentally-conscious administration takes office in Washington. Some investors have jumped in already, pushing the share price up before there is proof that the company can actually sell cars.

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ElectraMeccanica's rapid ascent this year has been based more on hype than fundamentals. Management has failed to communicate the pre-orders for its flagship SOLO EV since 2018.

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ElectraMeccanica's (SOLO) latest expansion takes the company's total retail location count to 13 across 10 major markets in the United States.

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News for Electrameccanica Stock (SOLO)