Maker of Odd-looking Three-wheeled Car Heads to NASDAQ

A small automobile company headquartered in a city with outrageous house prices wants you to buy shares. Electra Meccanica Vehicles Corp., the Vancouver-based builder of three-wheeled electric vehicles, has announced its listing on the NASDAQ.

The company’s $10 million public offering went live Thursday, listed as SOLO (common shares) and SOLOW (warrants). As you probably figured, Electra Meccanica calls its vehicle the “Solo,” which, as you also probably figured, carries a single occupant.

Looking like all three-wheelers do (strange), the Solo targets the cost-conscious commuter.

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Flying SOLO: Electra Meccanica's Three-Wheeler Goes on Sale

Buy an Electra Meccanica SOLO and never argue with a passenger again.

The Vancouver-based company’s single-seat, three-wheeled electric commuter vehicle went on sale in Canada today, promising a range of about 100 miles and plenty of double takes from other motorists.

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  • Dwford There's plenty of time between now and 2030-35 to design and sell through a whole new generation of ICE vehicles, if not 2 generations. Chevy seems to be on a dual track plan with ICE and EV versions of the Equinox and Blazer nameplates. No reason Cadillac can't do something similar.
  • Kwik_Shift_Pro4X Poop or get off the pot.
  • TheMrFreeze The wife unit and I refuse to buy a white/black/grey/silver car...life's too short for boring. As it happens we both drive orange cars right now but slightly different shades. Total coincidence, just happened that the used cars we found that met our requirements (ie: manual trans and at least some amount of character) both happened to be orange. My previous daily driver was orange as well, again total coincidence...they just seem to find us I guess...
  • Marcus36 In other words...."WE have no idea what we are doing"
  • Donald This is what happens when you make your wife CFO. This is all the result of accounting problems. And could’ve been avoided with a reserve of liquidy.