August 11, 2022

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ElectraMeccanica Improves Retail Footprint into Three New Metropolitan areas and Expands “Drive SOLO” Advertising and marketing and Ad Marketing campaign

6 min read
  • Expands Retail Existence for the Single-Occupant SOLO EV by A few New Spots in Q1, Bringing the Total Retail Spots to 13 Throughout A few Western States (AZ, CA, & OR)
  • “SOLO Generate Tour” Invitation-Only Take a look at Generate Gatherings to Strike Five Towns
  • Enterprise Extends strong Out of Property (OOH) Marketing and advertising Marketing campaign and Advert Existence Aimed at Educating Shoppers About a New Way to Travel Electrical

VANCOUVER, British Columbia, Jan. 15, 2021 — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and company of electric powered automobiles which include its flagship SOLO EV, is growing its retail network to three new West Coastline places. Slated to open in March, the new direct-to-purchaser retail areas will be situated at The Village at Corte Madera, CA, Los Cerritos Heart in Orange County, CA and La Encantada in Tucson, AZ, providing buyers the capability to find out much more, explore the auto and put reservations onsite. These additions bring ElectraMeccanica’s retail place count to a overall of 13 in 10 significant markets.

“As we gear up for the 1st SOLO EVs to hit the street, we will be accelerating our productive, direct-to-consumer ‘Drive SOLO’ retail system to even further interact and notify possible clients,” explained ElectraMeccanica CEO Paul Rivera. “We are continuing to enter new marketplaces strategically wherever interest in and need for electric powered automobiles are biggest. Our new and current retail destinations will provide a exclusive opportunity for possible prospects to learn much more about driving SOLO.

“Our ‘SOLO Travel Tour’ is at the moment prepared for 5 towns like Scottsdale, AZ, Cerritos, Walnut Creek, and Corte Madera, CA as perfectly as Portland, OR, in February and March. We glance forward to bringing our autos to pick out early reservation holders in these exceptional, invitation-only examination drive ordeals furnishing just one of the 1st chances to seem, see and ‘Drive SOLO.’ We are mindfully organizing our demonstrations in accordance with all area COVID-19 protocols to make sure a harmless function for all who attend.”

ElectraMeccanica is ramping up its existing “Drive SOLO” advertising and marketing campaign aimed at educating individuals on a new way to drive competently. The marketing campaign, which includes an aggressive rollout in important eco-conscious cities wherever the SOLO EV has an present retail presence, will attribute virtually 300 billboard and electronic mall displays together with social written content throughout the company’s Facebook, LinkedIn, Twitter and Instagram internet pages. The new resourceful structure, conceptualized internally by ElectraMeccanica with the media acquire dealt with by Accretive Advertisements, is becoming prolonged even more into Q1 soon after demonstrably constructive initial outcomes. The marketing campaign illustrates each day situations for driving solo with playful but applicable tag-lines these types of as “Need HOV Obtain? Meet up with Your Plus One” or “Need a Getaway? Fulfill your #TravelBFF.”

“The ‘Drive SOLO’ campaign truly worries individuals to rethink their day by day driving behaviors,” added Rivera. “Most vehicle journeys are finished solo, whether it is to the grocery store, the gym or on a day by day commute. A one-occupancy car like the SOLO helps make feeling from a standpoint of vitality effectiveness and space-discounts and is the best remedy for today’s city transportation worries. We’re expecting even larger need as we carry on to mature awareness in additional marketplaces.”

ElectraMeccanica at the moment operates 10 retail destinations in the western U.S. region.

The SOLO is a reason-designed, 3-wheeled, all-electric resolution for the urban environment. Engineered for a one occupant, it presents a special driving encounter for the environmentally aware buyer. The SOLO has a selection of 100 miles and a top rated velocity of 80 mph, building it safe and sound for highways. The SOLO options entrance and rear crumple zones, facet effect protection, roll bar, torque-restricting manage, as properly as energy steering, electric power brakes, air conditioning and a Bluetooth enjoyment process. It blends a present day glimpse with basic safety attributes at an accessible price position of $18,500. The SOLO is at present obtainable for pre-orders at https://electrameccanica.com/product or service/solo-reservation/.

About ElectraMeccanica Cars Corp. ElectraMeccanica Automobiles Corp. (NASDAQ: SOLO) is a Canadian designer and manufacturer of environmentally productive electrical cars (EVs). The company’s flagship car or truck is the progressive, objective-developed, one-seat EV referred to as the SOLO. This 3-wheeled vehicle will revolutionize the city driving practical experience, including commuting, shipping and shared mobility. The SOLO offers a driving experience that is distinctive, stylish, enjoyable, cost-effective and environmentally welcoming. InterMeccanica, a subsidiary of ElectraMeccanica, has correctly been creating large-stop specialty vehicles for 61 yrs. For much more information, remember to visit www.electrameccanica.com.

Safe Harbor Statement Other than for the statements of historic simple fact contained herein, the data presented in this news release and oral statements designed from time to time by reps of the Enterprise are or might constitute “forward-searching statements” as these kinds of time period is used in applicable United States and Canadian regulations and together with, with out limitation, within the this means of the Private Securities Litigation Reform Act of 1995, for which the Company claims the defense of the secure harbor for forward-seeking statements. These statements relate to analyses and other information and facts that are based mostly on forecasts of long term outcomes, estimates of quantities not however determinable and assumptions of management. Any other statements that express or contain discussions with regard to predictions, expectations, beliefs, programs, projections, aims, assumptions or future functions or performance (often, but not always, working with words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans, “estimates” or “intends”, or stating that specific steps, activities or final results “may”, “could”, “would”, “might” or “will” be taken, happen or be realized) are not statements of historical point and ought to be viewed as ahead-hunting statements. These kinds of ahead-hunting statements entail acknowledged and unfamiliar dangers, uncertainties and other variables which might cause the genuine benefits, efficiency or achievements of the Corporation to be materially different from any future effects, functionality or achievements expressed or implied by this sort of ahead-on the lookout statements. This kind of risks and other components include, between others, the availability of money to fund programs and the ensuing dilution brought on by the elevating of funds by way of the sale of shares, mishaps, labor disputes and other pitfalls of the automotive marketplace which includes, with out limitation, individuals involved with the surroundings, delays in getting governmental approvals, permits or financing or in the completion of growth or construction actions or promises limitations on insurance protection. Even though the Corporation has attempted to discover vital variables that could cause true steps, gatherings or success to vary materially from those explained in forward-hunting statements, there may be other components that bring about steps, functions or outcomes not to be as expected, estimated or supposed. There can be no assurance that these statements will show to be correct as real success and long term functions could differ materially from those people anticipated in this kind of statements. Whilst the Firm believes that the expectations mirrored in these types of ahead-on the lookout statements are based mostly on acceptable assumptions, it can give no assurance that its expectations will be reached. Forward-wanting information and facts is matter to specified challenges, traits and uncertainties that could induce genuine benefits to differ materially from individuals projected. Several of these things are further than the Company’s skill to regulate or forecast. Important things that might bring about genuine final results to differ materially and that could effect the Enterprise and the statements contained in this information launch can be discovered in the Company’s filings with the Securities and Trade Commission. The Firm assumes no obligation to update or nutritional supplement any ahead-on the lookout statements whether or not as a outcome of new details, upcoming functions or in any other case. Accordingly, audience ought to not place undue reliance on forward-hunting statements contained in this news launch and in any document referred to in this information launch. This news launch shall not constitute an provide to provide or the solicitation of an offer you to acquire securities.

Corporation Get hold of Ms. Bal Bhullar, CPA, CGA, CRM Main Monetary Officer & Director (604) 428-7656 [email protected]

Community Relations Get hold of Sean Mahoney ElectraMeccanica (310) 867-0670 [email protected]

Amy Pandya R&CPMK for ElectraMeccanica (310) 967-3418 [email protected]

Investor Relations Get in touch with Gateway Trader Relations Matt Glover and Tom Colton (949) 574-3860 [email protected]

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