ElectraMeccanica to Host Investor Trial Event in Newport Beach, Calif. On September 29, 2021



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VANCOUVER, British Columbia, September 23, 2021 (GLOBE NEWSWIRE) – ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, today announced that it will host a special “Investor Test Drive” on Wednesday, September 29, 2021. The private event will be held at the famous center Fashion Island shopping in Newport Beach, Calif., and will include test drives featuring the company’s flagship, single-seater SOLO VE.

The Test Drive is organized in conjunction with an Investor EV Tour hosted by Stifel Financial Corp., a diversified global wealth management and investment banking firm. The four-day event runs from September 28 to October 1, starting in Southern California (Orange County and Los Angeles) before moving to Northern California (San Francisco and Sonoma County).

These invitation-only experiences will feature major players in the electric vehicle OEM market as well as leaders in autonomous driving, battery technology and charging infrastructure. Tour highlights include immersive on-site events, facility tours, test drives and management meetings that will give investors insight into the EV ecosystem.

Please contact your Stifel dealer for details.

Last week, the company also announced that it would begin deliveries to customers of the SOLO after a festive launch event to be held on October 4 in Los Angeles with a select group of early booking holders as well as its first fleet owners.

About ElectraMeccanica Vehicles Corp. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a Canadian designer and manufacturer of fuel-efficient electric vehicles (EVs). The company’s flagship vehicle is the innovative, purpose-built single-seater electric vehicle called the SOLO. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. 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 Also features front and rear crumple zones, 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 safety features at an affordable price of $ 18,500. The SOLO is currently available for pre-order here. InterMeccanica, a subsidiary of ElectraMeccanica, has been successfully building high-end special cars for 61 years. For more information, please visit www.elecrameccanica.com.

Safe Harbor declarationsWith the exception of the statements of historical fact contained in this document, the information presented in this press release constitutes “forward-looking statements” as the term is used in applicable United States and Canadian securities laws. These statements relate to analyzes and other information which are based on forecasts of future results, estimates of amounts not yet determinable and management’s assumptions. Any statement that expresses or involves discussions regarding predictions, expectations, beliefs, plans, projections, goals, assumptions or future events or performance (often, but not always, using words or phrases such as that “anticipates”, “estimates”, “projects”, “expects”, “considers”, “intends”, “believes”, “considers”, “may”, “will”, or their negative or other comparable words) are not statements of historical fact and should be considered “forward-looking statements”. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from the future results, performance or achievements expressed or implied by these. forward-looking statements. These risks and other factors include, but are not limited to, the prices of other electric vehicles, the costs associated with manufacturing vehicles, the availability of capital to fund business plans, and the resulting dilution caused by raising capital by the sale of shares, changes in the electric vehicle market, changes in government regulations, developments in alternative technologies, inexperience in servicing electric vehicles, labor disputes and other risks in the electric vehicle industry, including including, without limitation, those associated with delays in obtaining government approvals and / or certifications. Although the Company has attempted to identify material factors which could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors which may cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors which may cause actions, events or results are not those anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Therefore, readers should not place undue reliance on any forward-looking statements contained in this press release and in any documents referred to in this press release. Forward-looking statements are made based on the beliefs, estimates and opinions of management at the date the statements are made, and the Company assumes no obligation to update any forward-looking statements if such beliefs, estimates and opinions or other circumstances were to change, except as required by applicable law. These forward-looking statements reflect our current opinions regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties described in our most recent financial statements and reports and the registration statement filed with the United States. Securities and Exchange Commission (the “SEC”) (available at www.sec.gov) and from the Canadian securities regulators (available at www.sedar.com). Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be correct. Investors should take into account all information contained in this document and should also refer to the risk factors disclosed in the periodic reports of the Company filed 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 of the Company and there will be no sale of such securities in any jurisdiction in which such an offer, solicitation or sale would be. illegal before registration or qualification. under the securities laws of such jurisdiction.

Investor Relations ContactGateway Investor Relations Matt Glover and Tom Colton (949) [email protected]

PR contactMichelle RaveloR & CPMK for ElectraMeccanica (714) [email protected]

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Source: ElectraMeccanica Vehicles Corp.



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