EV Manufacturer Breaks Ground on U.S. Assembly and Engineering Technical Center in Mesa

ElectraMeccanica Vehicles Corp.

ElectraMeccanica Vehicles Corp., a designer and manufacturer of electric vehicles, commemorated the start of construction for its new U.S. Assembly and Engineering Technical Center with a groundbreaking ceremony held yesterday in Mesa, AZ.

In attendance were more than 50 invited guests, Company Board Members and local dignitaries, including Arizona Commerce Authority President Sandra Watson, who kicked the event off with a keynote address. Ms. Watson was joined at the podium by the President and CEO of the Greater Phoenix Economic Council Chris Camacho, Mesa Mayor John Giles and ElectraMeccanica’s President and CEO Paul Rivera.

The 235,000 square foot facility is located on 18 acres of land adjacent to the Phoenix-Mesa Gateway airport. It will include an assembly and manufacturing plant, a research center, 22,000 square feet of office space and 19,000 square feet of lab space. To maintain ElectraMeccanica’s asset-light model, the building will be leased from the Developer, Marwest Enterprises, LLC. The building is being designed by the architectural firm Ware Malcomb and engineered by Hunter Engineering with Willmeng Construction acting as the General Contractor. When operational, the facility will have a production capacity of up to 20,000 vehicles per year and employ upwards of 200-500 people. The current completion date is slated for Spring 2022.

“Today is a momentous day for ElectraMeccanica and the State of Arizona,” said Sandra Watson, President and CEO, Arizona Commerce Authority. “Our electric vehicle industry is booming – with three manufacturing groundbreakings in just the last 16 months and additional suppliers setting up shop. We’re grateful to ElectraMeccanica for choosing Arizona as the home of their first U.S. based facility and look forward to supporting them long into the future.”

“Today’s groundbreaking marks a notable achievement for ElectraMeccanica,” said Company President and CEO Paul Rivera. “The new engineering technical center and assembly facility will be a showcase for our vehicle lineup and afford us with the physical and human capital we need to provide the U.S. retail and fleet market with a ‘made in the USA’ SOLO EV. We are thrilled to become an integral part of the vibrant Mesa community, the greater Phoenix Metropolitan area and Arizona as a whole. We are looking forward to expanding our team and building a new culture with our future employees and their families.”

“ElectraMeccanica breaking ground on its U.S. base of operations solidifies Greater Phoenix as America’s new EV manufacturing hub,” said Chris Camacho, President & CEO of the Greater Phoenix Economic Council. “There is no better place to scale, innovate, manufacture and find skilled talent to meet the demand of advanced industry. We look forward to watching ElectraMeccanica’s continued success and working with Gov. Ducey, the Arizona Commerce Authority, and City of Mesa to support the company’s expansion.”

“ElectraMeccanica made an excellent decision in choosing to locate its first U.S.-based facility in the Mesa Gateway area,” said Mesa Mayor, John Giles. “It’s an ideal location with easy access to two major freeways the Gateway Airport and a talented, growing workforce.”

The SOLO is a purpose-built, three-wheeled, all-electric solution for the urban environment. Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. The SOLO has a range of 100 miles and a top speed of 80 mph, making it safe for highways. The SOLO features front and rear crumple zones, side impact protection, roll bar, torque-limiting control as well as power steering, power brakes, air conditioning and a Bluetooth entertainment system. It blends a modern look with safety features at an accessible price point of $18,500.

ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a Canadian designer and manufacturer of environmentally efficient electric vehicles (EVs). The company’s flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. The SOLO provides a driving experience that is unique, trendy, fun, affordable and environmentally friendly. InterMeccanica, a subsidiary of ElectraMeccanica, has successfully been building high-end specialty cars for 62 years.

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