Electra Meccanica Vehicles closes private placement

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By Ted Liu

Electra Meccanica Vehicles Corp. (EMV), a Vancouver based designer and manufacturer of electric vehicles, has raised $[mepr-active rule=”374″ ifallowed=”hide”]##subscriber ONLY content##[/mepr-active][mepr-active rule=”374″]320K[/mepr-active] as part of its proposed $[mepr-active rule=”374″ ifallowed=”hide”]##subscriber ONLY content##[/mepr-active][mepr-active rule=”374″]10[/mepr-active] million private placement.

Electra Meccanica’s SOLO is an all-electric, single passenger vehicle developed to revolutionize the way people commute. EMV launched the SOLO in September 2016, and is preparing to deliver over 400 pre-ordered vehicles in 2017, with plans to manufacture on a large scale for domestic and international markets.

Electra Meccanica has raised $[mepr-active rule=”374″ ifallowed=”hide”]##subscriber ONLY content##[/mepr-active][mepr-active rule=”374″]9.9[/mepr-active] million to date, backed by investors from [mepr-active rule=”374″ ifallowed=”hide”]##subscriber ONLY content##[/mepr-active][mepr-active rule=”374″]BC, China and USA[/mepr-active].

photo credit: Electra Meccanica Vehicles