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Electra Meccanica opens new factory to produce its Solo EV

Electra Meccanica Vehicles Corp., a designer and manufacturer of electric vehicles, held a grand opening ceremony of the Zongshen Solo EV production facility in Chongqing, China.

In attendance at the grand opening ceremony were several members of the Electra Meccanica management team and Board of Directors, as well as Zongshen factory management and the Canadian and United States Consul Generals.

Initial production of the Solo EV is currently underway at the facility. The Company expects to produce approximately 50 Solo EVs in the quarter ended March 31, 2019 as it ramps production considerably over the course of 2019 to deliver a total of 5,000 vehicles by year end.

“I am proud of our strategic partners at Zongshen, who have provided us with a state-of-the-art production facility and a highly-skilled production team to make the Electra Meccanica Solo EV a reality,” said Jerry Kroll, CEO of Electra Meccanica. “We remain confident in our ability to deliver the first 5,000 SOLO EVs in 2019 to our earliest supporters, providing them with an unforgettably unique zero-emissions driving experience. I believe we are poised to create notable shareholder value over the long-term and look forward to providing our shareholders with future updates on our production progress as appropriate.”

“I am thoroughly impressed with the experience, dedication and professionalism that Zongshen has displayed,” added Steven Sanders, Chairman of Electra Meccanica’s Board of Directors. “Our strategic partners are truly dedicated to building a world-class vehicle alongside the team at Electra Meccanica.”

The Solo is a new single-passenger EV made by Vancouver-based automaker, Electra Meccanica. Retailing for $15,500, the Solo offers a 100 mile range while cruising comfortably at highway speeds and can charge on a regular household 110V socket in under 6 hours.

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