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SOLO News and Press, Electrameccanica Vehicles Corp. Ltd. From 01/04/23

Stock Information

Company Name: Electrameccanica Vehicles Corp. Ltd.
Stock Symbol: SOLO
Market: NASDAQ
Website: electrameccanica.com

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SOLO - EV Company News For The Month Of December 2022

Summary Global electric car sales Nov. 2022 were an estimated 1million+. China sales up 50% YoY to 35% share. Europe up 26% YoY to ~28% share. US ~6% share. EV market news - By 2029, electric vehicles could account for a third of the North American market and about 26% of vehicles produ...

SOLO - ElectraMeccanica announces cost reduction initiatives, to cut 98 jobs

ElectraMeccanica Vehicles ( NASDAQ: SOLO ) on Thursday notifies cost-reduction initiatives to further streamline the business in order to consolidate operations at Mesa HQ. The move will accelerate the company's path to profitability, by imposing a new level of fiscal discipline t...

SOLO - ElectraMeccanica Announces Cost Reduction Initiatives to Streamline and Accelerate Onshore Manufacturing

Company Consolidates Operations at Mesa HQ; Reduces Majority of Headcount Outside Arizona Actions Improve Operating Costs by Approximately $10M Annually and Increase Fiscal Discipline Without Compromising Ability to Further Commercialize and Scale CEO Susan E. Docherty Appointed t...

SOLO - Electrameccanica Vehicles Corp SOLO Investment Analysis and Advice

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in ...

SOLO - ElectraMeccanica Celebrates Commissioning of New Manufacturing Facility & Corporate Headquarters in Mesa

Arizona Governor Doug Ducey and City of Mesa Mayor John Giles recognize the American OEM as it brings new facility online ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the "Company"), a designer and manufacturer of electric vehicles revolutioniz...

SOLO - ElectraMeccanica Must Find A Foundational Niche To Survive

Summary ElectraMeccanica is still trying to find its niche. Success always seems just around the corner; it needs to find a way to build momentum. With the company CEO and COO stepping aside "to pursue other opportunities," and a recently hired CFO, it makes one wonder if they belie...

SOLO - Report Says 13.6% of October Auto Sales in Europe Are EVs

The electric vehicle (EV) market in Europe grew by 14% in the month of October, marking the third consecutive month of growth. Therefore, it seems that the auto parts conundrum that plagued the EV industry is now resolved. However, this uptick might not last for long given the impending slump in...

SOLO - EV Company News For The Month Of November 2022

Summary Global electric car sales Oct. 2022 up 55% YoY to 16% share. China sales up 75% YoY to 31% share. Europe up 14% YoY to 23% share. U.S. ~6% share. Electric Vehicle market news - electric plane manufacturer takes off, receives worldwide orders. Electric helicopter makes historic f...

SOLO - 7 Electric Vehicle Stocks to Sell in December

InvestorPlace - Stock Market News, Stock Advice & Trading Tips After all the excitement the sector garnered last year, it looks as if it’s time to consider which electric vehicle stocks to sell. The year has exposed the weaknesses in multiple sectors, and the electric vehicle mark...

SOLO - ElectraMeccanica Appoints New CEO to Accelerate Onshoring and Commercialization

Seasoned Growth Executive Susan Docherty Assumes Both CEO and Interim COO Roles Kevin Pavlov and Joe Mitchell Resign Effective Immediately Mesa Manufacturing Facility to be Commissioned on December 12, 2022, Become New Corporate HQ First-Ever Investor Day Confirmed for Feb...

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