Electra Meccanica Completes First Production SOLO

VANCOUVER, July 11, 2018 /CNW/ - Electra Meccanica Vehicles Corp., a cutting-edge designer and manufacturer of electric vehicles, today announced that its single-passenger, all-electric SOLO rolled off the assembly line and has arrived in Vancouver, British Columbia. The new vehicle will now undergo rigorous consumer testing and verification in anticipation of commencing commercial manufacturing in September 2018 with the goal of delivering 5,000 SOLOs by September 2019.

SOLO with the Production Team (CNW Group/Electra Meccanica Vehicles Corp.)

"This is a hugely significant day for Electra Meccanica and our talented design, engineer and production teams," said CEO Jerry Kroll. "This first SOLO will be extensively tested and delivered to its first customer, kicking off our efforts to begin delivering thousands of these cars to our patient reservation holders in September."

The SOLO is priced at $15,500 USD, and interested consumers can place a fully-refundable $250 deposit by visiting EMVauto.com. A publicly held company, Electra Meccanica began trading on the OTCQB exchange and announced its application filing for NASDAQ Capital Markets listing last October.

 About Electra Meccanica Vehicles Corp.:
Electra Meccanica is a designer and manufacturer of electric vehicles. The Company builds the innovative, all-electric SOLO, a single passenger vehicle developed to revolutionize the way people commute, as well as the Tofino, an elegant high-performance two seater electric roadster sports car. Both vehicles are tuned for the ultimate driving experience while making your commute more efficient, cost-effective and environmentally friendly.

Intermeccanica, a subsidiary of Electra Meccanica, has successfully been building high-end specialty cars for 59 years. The Electra Meccanica family is delivering next generation affordable electric vehicles to the masses.

For more information, visit www.electrameccanica.com.

SOURCE Electra Meccanica Vehicles Corp.

Media Contact: Zoe Tobin, KCSA Strategic Communications, Phone: [phone], Email: [email protected]; Investor Contact: Todd Fromer / Allison Soss, KCSA Strategic Communications, Phone: [phone], Email: [email protected]