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| NasdaqCM SOLO Announces Pre-orders as of June 30, 2018 in Excess of CAD$2.4 billion |
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 Hot Stock to Watch |
Company: ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO SOLOW)
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Last:
Price: 3.6592
Change (%): + 0.0492 (1.36)
Volume: 140,790 |
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Electra Meccanica Reports Second Quarter 2018 Results
VANCOUVER, Aug. 16, 2018 /PRNewswire/ - ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO; SOLOW) ("Electra Meccanica" or the "Company"), a designer and manufacturer of electric vehicles, today reported its financial results for the three-month period ended June 30, 2018.
Jerry Kroll, Chairman and CEO of Electra Meccanica, commented, "During the first half of 2018, our team worked to achieve several corporate milestones that prepared the Company for its next phase of growth. This includes a capital raise of $10 million and a successful uplisting to the NASDAQ Exchange in August 2018. As a new NASDAQ company, we are excited to expose our brand to institutional investors who share in our vision to close the last gas station in North America through the proliferation of electric vehicles."
"We are well underway with our plan to deliver the initial shipments of our revolutionary mass production SOLOs to customers in the fall of 2018 and to open our first U.S. sales location in Los Angeles. We continue to see increased interest in our SOLO and Tofino electric vehicles with the pre-order book growing in excess of $2.4 billion CAD as of June 30, 2018," concluded Mr. Kroll.
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