ElectraMeccanica to Showcase Flagship SOLO EV at Advanced

VANCOUVER, British Columbia, Aug. 26, 2021 (GLOBE NEWSWIRE) – ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), an electric vehicle designer and manufacturer, announced today that it has launched its flagship three-wheeled one-person vehicle, SOLO EV for Advanced Clean Transportation (ACT) Expo, the industry’s largest event for advanced transportation technology and clean fleets. The expo runs from August 31st to September 1st at the Long Beach Convention Center. ElectraMeccanica can be found at Booth # 1907 and the company is also proud to be the official sponsor of the ACT Ride and Drive event on September 1st SOLO Test drives possible for interested participants.

ElectraMeccanica continues to provide information about new transport options and presents its vehicles at top-class industry events. The companys SOLO is the ideal solution to solve driving challenges in urban environments. the SOLO fits perfectly between micromobility and cars. The “retail and fleet” version of the SOLO is also developed based on direct input from various potential trade and fleet partners.

“The ACT Expo is the ideal platform to show that the SOLO is the perfect solution not only for passenger transportation, but also for commercial and fleet applications, ”said Paul Rivera, CEO of ElectraMeccanica. “Our participation in the event is in line with our corporate mission to maximize efficiency; Visitors will find that it is ideal for pizza, grocery, parcel, and mail deliveries. the SOLO is also a great alternative for security companies and those interested in short distance trips with one person who want to reduce vehicle and operating costs. We look forward to showing you the practicality and versatility of the SOLO EV next week. “

the SOLO is a custom built, three-wheel, all-electric solution for the urban environment. Designed 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, which makes it safe for highways. the SOLO has crumple zones at the front and rear, side impact protection, roll bar, torque-limiting control as well as power steering, power brakes, air conditioning and a Bluetooth entertainment system. It combines a modern look with security features at an affordable price of $ 18,500. the SOLO is currently available for pre-order at https://electrameccanica.com/product/solo-reservation/.

About ElectraMeccanica Vehicles Corp.
ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a Canadian developer and manufacturer of environmentally friendly electric vehicles (EVs). The company’s flagship is the innovative, purpose-built, single-seat electric vehicle called SOLO. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery services and shared mobility. the SOLO offers a unique, trendy, fun, affordable and environmentally friendly driving experience. InterMeccanica, a subsidiary of ElectraMeccanica, has been successfully building high-quality special vehicles for 62 years. More information is available at www.electrameccanica.com.

Safe Harbor Statements
Except for the statements of historical fact contained herein, the information contained in this press release constitutes “forward-looking statements” as that term is used in applicable US and Canadian securities laws. These statements relate to analyzes and other information that are based on projections of future results, estimates of amounts that cannot yet be determined and assumptions made by management. Any statement that expresses or includes discussion of any predictions, expectations, beliefs, plans, projections, goals, assumptions, or future events or performance (often, but not always, with words or expressions such as “expected”, “estimates”, ” Projects “,” expects “,” contemplates “,” intends “,” believes “,” planet “,” may “,” will “or their negatives or other comparable words) are not statements of historical fact and should be considered” forward-looking statements “. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or accomplishments of the company to differ materially from future results, performance or accomplishments expressed or implied in such forward-looking statements. These risks and other factors include but are not limited to the prices of other electric vehicles, costs associated with manufacturing vehicles, the availability of capital to fund business plans and the resulting dilution from raising capital through the sale of stocks, changes in the electric vehicle market, changes government regulations, alternative technology developments, inexperience with electric vehicle maintenance, labor disputes and other risks in the electric vehicle industry, including but not limited to delays in obtaining government approvals and / or certifications. While the company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in any forward-looking statements, other factors could cause actions, events, or results not to be expected, estimated, or as expected intended. There can be no assurance that these statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements in this press release or in any document referred to in this press release. Forward-looking statements are based on the beliefs, estimates, and opinions of management at the time the statements are made and the company assumes no obligation to update any forward-looking statements should such assumptions, estimates, and opinions or other circumstances change is required under applicable law. Such forward-looking statements reflect our current beliefs about future events and are subject to certain risks, uncertainties, and assumptions, including the risks and uncertainties set forth in our most recent financial reports and reports and the registration statement filed with the United States Securities and Exchange Commission (the “SEC”) (available at www.sec.gov) and with Canadian Securities Administrators (available at www.sedar.com). Although the company believes that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, no assurance can be given that such beliefs, plans, expectations, or intentions will prove to be correct. Investors should consider all of the information contained herein, including reference to the risk factors disclosed in the Company’s periodic reports from time to time with the SEC. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in the Company, nor will any sale of such securities be made in any jurisdiction in which such offer, solicitation or sale is made prior to registration or admission would be unlawful under the securities laws of any such jurisdiction.

Investor Relations contact
Gateway Investor Relations
Matt Glover and Tom Colton
(949) 574-3860
SOLO@gatewayir.com

Contact for public relations
Michelle Ravelo
R & CPMK for ElectraMeccanica
(714) 403-9534
michelle.ravelo@rogersandcowanpmk.com