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June 2021

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Electric Car Maker Chooses Arizona



ElectraMeccanica Vehicles Corp., a designer and manufacturer of electric vehicles, has selected Mesa, AZ, in the greater Phoenix area for its U.S. based assembly facility and engineering technical center. The company's selection marks the end of a comprehensive, year-long site search conducted by ElectraMeccanica and its partner, BDO USA's Site Selection & Incentives Practice.

The proposed facility in Mesa will support ElectraMeccanica's strategic plan to meet anticipated demand for its flagship SOLOEV. When fully operational, the facility is expected to create up to 500 new jobs and will be capable of producing up to 20,000 SOLOs per year. Altogether it will feature both a light vehicle assembly plant along with a state-of-the-art engineering technical center, including multiple labs to support comprehensive research facilities as well as vehicle chassis, battery pack and power electronics testing workshops. ElectraMeccanica also expects this new facility to generate second order effects that will positively impact the local and state economies. In addition to strong consumer interest in the SOLO EV, the company has seen growing interest in commercial fleet and utility applications. Beyond working to address commuting and traffic congestion challenges in the region, the company intends to work with local municipalities to initiate a future pilot SOLO share ecosystem in the Mesa and the greater Phoenix region.

"I want to thank Governor Ducey, his team, the state of Arizona and everyone who has been involved in this process for helping to bring ElectraMeccanica's U.S. operations to life," said company CEO Paul Rivera. "This decision is monumental for our business and will be transformative for our host city and state. When fully operational, we anticipate creating hundreds of new jobs for the local economy. We believe Mesa's population size and density provides a great talent pool as we look forward to contributing to the growing high-tech environment."

"Arizona is thrilled to be selected as the home of ElectraMeccanica's first U.S.-based assembly facility and engineering technical center," said Governor Doug Ducey. "Arizona has fast become the electric vehicle center of America thanks to our robust and growing workforce, vibrant innovation ecosystem and ideal business environment. My thanks to ElectraMeccanica, the Arizona Commerce Authority, the city of Mesa and all involved in bringing this exciting project to Arizona."

The SOLO is a purpose-built, three-wheeled, all-electric solution for the urban environment. Engineered for a single occupant, the SOLO has a range of 100 miles and a top speed of 80 MPH, making it safe for highways.

For more information contact:

ElectraMeccanica Vehicles Corp.

www.electrameccanica.com

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