Electra Meccanica's All-Electric, One-Seater SOLO to Appear at ShowStoppers @ CES 2018

VANCOUVER, Jan. 2, 2018 /CNW/ - Canadian auto manufacturer Electra Meccanica (OTCQB: ECCTF) will preview its all-electric, one-seater SOLO at ShowStoppers @ CES 2018 on January 9^th. As many as 1,500 journalists, influencers and analysts are expected at ShowStoppers, where industry pioneers like Electra Meccanica can showcase their revolutionary products in a media-only environment. The news follows on Electra Meccanica's previous announcement that the SOLO will be making its CES debut as part of the Innovation and Tech Today Pavilion.

"We are looking forward to offering a sneak peek at the SOLO to as many people as possible during these world-class events," said Jerry Kroll, CEO of Electra Meccanica. "We want to show – not simply tell – our audience that we are doing our part to invest in a cleaner planet for future generations. Essentially, the SOLO has two doors, three wheels and one overarching mission – to close the last gas station."

The SOLO's single-seater configuration provides an exceptional automotive driving experience, taking into consideration the nearly 80 percent of Americans commuting to work alone in their personal vehicle¹. Retailing at $15,500 USD, the 100-mile range SOLO's lithium-ion battery system requires only three hours of charging time on a 220-volt charging station or outlet. As a publicly held company, Electra Meccanica began trading on the OTCQB exchange in September of 2017, and announced its application filing for NASDAQ Capital Markets listing last October. In the same month, Electra Meccanica also announced the signing of a manufacturing agreement with Zongshen Industrial Group Co. for the production of 75,000 SOLOs total between 2018 and 2020.

British Columbia-based Intermeccanica, a subsidiary of Electra Meccanica, handles current SOLO development and production. "I am thrilled to share with the forward-looking public at ShowStoppers what a dedicated team with a clear mission can accomplish when building on Intermeccanica's 50+ years of automotive experience," said Intermeccanica President and Electra Meccanica COO Henry Reisner, who will be attending the show.

ShowStoppers @ CES 2018 will take place on January 9, 2018 from 6 P.M.–10 P.M. at the Wynn Hotel in Las Vegas, Nevada. Electra Meccanica will also be exhibiting as part of CES in the Central Hall at booth #18215 in the Las Vegas Convention Center from January 9-12, 2018.

About ElectraMeccanica Vehicles Corp.

Electra Meccanica, a Canadian-based designer and manufacturer of electric vehicles, builds the innovative, all-electric SOLO, a single passenger vehicle developed to revolutionize the way people commute, as well as the in-development Tofino convertible, an elegant high-performance sports car. Both vehicles are tuned for the ultimate driving experience while making your commute more efficient, cost-effective and environmentally friendly. 

Intermeccanica has successfully been building high-end specialty cars for 58 years. Electra Meccanica, with its subsidiary Intermeccanica, is delivering next generation affordable electric vehicles to the masses.

More information can be found at EMVauto.com.

Cautionary Statement Regarding "Forward-Looking" Information

Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "expects", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

¹ US Dept. of Transportation: http://bit.ly/28TtPyH

SOURCE Electrameccanica Vehicles Corp.

Investor Relations Information: Sam Woolf, Investor Relations Coordinator, Tel. [phone], Email [email protected]; Media Contact Information: Jeff Holland, Head of Media Relations, Tel. [phone], Email: [email protected]