ElectraMeccanica accelerating US retail expansion with planned Arizona, Oregon locations

ElectraMeccanica Vehicles Corp (NASDAQ:SOLO) is accelerating the rollout of its flagship three-wheel SOLO electric vehicle, announcing plans on Tuesday for new retail locations in Arizona and Oregon. The decision comes as businesses in the US and elsewhere begin to reopen at varying rates in response to the coronavirus. ElectraMeccanica said it’s updated its strategy to remain dynamic and enter markets where consumer demand is highest. “As we emerge from the pandemic, the public is looking for transportation alternatives that allow for personal independence in a safe, secure and self-contained driving environment — a solution that our flagship SOLO EV fully embodies,” CEO Paul Rivera said. “To continue to build awareness and meet consumer demand, we are ... bringing our SOLO EV to Macerich’s upscale Scottsdale Fashion Square and, next, Portland.” READ: ElectraMeccanica to place $20M at-the-market financing to fund electric vehicle marketing “Our updated plan to open new direct-to-consumer retail locations at high-traffic retail centers in EV-friendly cities provides a unique opportunity for potential customers to learn more about ElectraMeccanica and the SOLO,” he added. The Vancouver-based company currently operates a storefront at Westfield Century City in Los Angeles, with a second location under contract at Westfield Fashion Square in Sherman Oaks, California. “We remain committed to California with the significant market opportunity it presents,” Rivera said. “As the state begins to reopen, we will pursue our planned rollout throughout the southern and northern regions in accordance with proper health and safety regulations. Going forward, production for existing orders remains on target, and we expect to begin deliveries of the SOLO to US customers starting this fall.” Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com Follow him on Twitter @andrew_kessel