Electrameccanica Vehicles Corp. (SOLO) Research

Electrameccanica Vehicles Corp. is a Canadian company, established in 2015 and headquartered in Burnaby, that specializes in the design, production, and distribution of electric vehicles (EVs). Operating as a development-stage enterprise, the company focuses on two primary areas: mass-produced electric vehicles and custom-built vehicles. Its flagship offering is the SOLO, a distinctive single-seat EV, and it is actively developing the Tofino, an all-electric two-seater roadster slated for future release. In addition to these models, Electrameccanica also undertakes the creation of bespoke automobiles. Customers can purchase their vehicles directly from the company's website, electrameccanica.com, or through its network of 17 physical retail locations.

Market snapshot

Symbol
SOLO
Price
$0.21
Day change
-3.55%
Market cap
$25.4M
P/E ratio
-0.44x
52-week range
0.2-1.04
Sector
Consumer Cyclical
Industry
Auto - Manufacturers

Recent news

  • EV Startup Rivian Lays Off Hundreds of Workers

    The job cuts affect employees in Rivian's service and customer organization, which handles sales and marketing.

Peer companies

  • Atlis Motor Vehicles, Inc. (AMV)
  • BowFlex Inc. (BFXXQ)
  • Cazoo Group Ltd (CZOO)
  • Solo Brands, Inc. (DTC)
  • FG Group Holdings Inc. (FGH)
  • LL Flooring Holdings, Inc. (LL)
  • Bit Brother Limited (MYT)
  • noco-noco Inc. (NCNC)

Recent insider activity

  • Ingargiola Luisa — M-Exempt (289914 shares) on 2024-03-26
  • Ingargiola Luisa — M-Exempt (270853 shares) on 2024-03-26
  • Ingargiola Luisa — D-Return (332138 shares) on 2024-03-26
  • Sanders Steven Andrew — M-Exempt (384867 shares) on 2024-03-26
  • Sanders Steven Andrew — M-Exempt (358718 shares) on 2024-03-26

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