Electrameccanica Vehicles Corp. (SOLO)
Electrameccanica Vehicles Corp. operates in the Auto - Manufacturers industry of the Consumer Cyclical sector, headquartered in Burnaby, BC, CA. The stock last traded at $0.21, down 3.55% on the session, giving a market capitalisation of $25.4M. On trailing twelve-month figures it carries a trailing P/E of -0.44, a net margin of -9464.1%. Its beta of 2.60 implies it has historically moved more than the broad market.
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.
Electrameccanica Vehicles Corp. is most often compared with the following Consumer Cyclical names: