ElectraMeccanica (NASDAQ:SOLO) Vehicles Corp updated investors on progress at its Mesa Assembly Facility in Arizona, saying it’s on track and scheduled to be commissioned in the summer of 2022.
The electric vehicle (EV) manufacturer said the 235,000 square foot US assembly and engineering technical center will be used to assemble its enhanced, US-built 2023 model SOLO EV.
The first flex line at the facility will have the ability to produce up to 20,000 vehicles per year – by Americans for Americans – enabling domestic assembly operations within the US and European target market, ElectraMeccanica (NASDAQ:SOLO) said.
READ: ElectraMeccanica says American-made 2023 SOLO EV now undergoing validation testing
The facility will allow the company to apply US world-class manufacturing standards to preparation, delivery and inspection of vehicles that are going to its customers in a cost-effective, localized way, it added.
“To say I am pleased with the execution of our entire team is an understatement,” CEO Kevin Pavlov said in a statement.
“Our team continues their hard work and dedication on all fronts. As we work to finalize the facility, we are concurrently working in other ElectraMeccanica facilities to identify assembly best practices to ensure an optimized, highly efficient production line,” he added.
ElectraMeccanica is a Canadian designer and manufacturer of environmentally efficient EVs. It expects its three-wheeled vehicle to revolutionize the urban driving experience, including commuting, delivery and shared mobility.
Engineered for a single occupant, it offers a unique driving experience for the environmentally-conscious consumer. The SOLO has a range of 100 miles and a top speed of 80 mph, making it safe for highways.
It also features front and rear crumple zones, side-impact protection, roll bar, torque-limiting control as well as power steering, power brakes, air conditioning, and a Bluetooth entertainment system. It blends a modern look with safety features at an accessible price point of $18,500.
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