- ElectraMeccanica Vehicles Corp (NASDAQ:SOLO) is starting customer deliveries of its flagship single-occupant, three-wheeled, all-electric vehicle, the SOLO.
- The company plans to officially begin delivering keys to customers at a special launch event scheduled for October 4.
- ElectraMeccanica began production of the SOLO EV with its manufacturing partner and strategic investor, Zongshen Industrial Group.
- ElectraMeccanica plans to steadily increase deliveries to other reservation holders and customers as production continues to ramp.
- The company recently introduced a new fleet and commercial version of the SOLO Cargo EV.
- In May, the company began construction of its 235,000 sq. ft. U.S. assembly facility and engineering technical center in Mesa, AZ.
- Price Action: SOLO shares are trading higher by 0.64% at $3.29 on the last check Wednesday.
RBC Capital Maintains Outperform on Dollarama, Raises Price Target to C$93
RBC Capital analyst Irene Nattel maintains Dollarama (TSX:DOL) with a Outperform and raises the price target from C$81 to C$93.