How would you describe staffing levels at your firm currently? 2023 InvestorPlace Media, LLC. Approximately 1.7 million EVs are being driven in the United States, 35,000 of those in Arizona. Canadian EV manufacturer Electrameccanica recently announced a decision on the location of its first US-based assembly facility. ElectraMeccanica is unique in launching a three-wheeled EV that can hit 80 mph with 100 miles of range. This role will work out of our Mesa, Arizona location at 8127 E. Ray Rd, Mesa, AZ 85212 . * Must be able to lift up to 40 pounds at a time. The provided driving experience is an unrivaled combination of exhilaration, affordability and environmental consciousness. Blagojce Krivevski is physicist and green technology lover. The luxury automaker is already looking to expand its footprint to phase two as well. This role will work out of our Mesa, Arizona location at 8127 E. Ray Rd, Mesa, AZ 85212 . In a press release today, ElectraMeccanica ($SOLO) announced the site for its US-based assembly facility. Made for environmentally-conscious consumers, the Solo is for a single occupant. block. By closing this message or continuing to use our site, you agree to the use of cookies. Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stocks existing status and the future performance. This report suggests competition is fierce. I am not receiving compensation for it (other than from Seeking Alpha). Please be aware of the risks associated with these stocks. ElectraMeccanica is unique in launching a three-wheeled EV that can hit 80 mph with 100 miles of range. In 2021, online stock traders on Reddit garnered attention by organizing focused purchasing campaigns aimed at triggering short squeezes in stocks with high short interest. Nikola stands out among short-squeeze stocks due to its short interest of 23.33%. The company said it plans to make more than 20,000 cars a year. We also provide the following comprehensive benefits package that supports our employee's health, wellness, retirement, and work-life balance: * Medical, dental, and vision plans * Generous paid time off * 401k with company match * Life/AD&D insurance * Short-term and Long-term disability benefits * Corporate fitness/wellness discounts While we greatly appreciate all candidate applications, we only contact those individuals who best meet the required position qualifications. What impact does your firm expect from future IIJA funding? WebSales Supervisor, ElectraMeccanica Chandler, Arizona, United States. This website requires certain cookies to work and uses other cookies to First off, its HQ in Vancouver is a lot closer to Arizona than Tennessee. But its pretty competitive for an EV if you can find the right DC fast charging station. Scooter Doll is a writer, designer and tech enthusiast born in Chicago and based on the West Coast. Considering all these factors, the short interest in this particular stock has surged. View this and more full-time & part-time jobs in Mesa, AZ on Snagajob. Last but not least, previous interviews revealed ElectraMeccanicas CEO Paul Rivera lives in Arizona. Arizona has fast become the electric vehicle center of America thanks to our robust and growing workforce, vibrant innovation ecosystem, and ideal business environment. If we just described your personal values and work ethic here, we definitely want you to read on to see if this position sparks your interest as well. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. The first 20 vehicles will be used in the restaurant chains Arizona market, primarily in Phoenix, ElectraMeccanica CEO Kevin Pavlov said. WebMESA, AZ (May 11, 2021) ElectraMeccanica Vehicles Corp., a Canadian designer and manufacturer of environmentally efficient electric vehicles (EVs), today broke ground on its first U.S. based assembly facility and state-of-the-art engineering technical center in Mesa.The expansion represents the third groundbreaking for an electric vehicle When fully operational, the facility is expected to create up to 500 new jobs and will be capable of producing up to 20,000SOLOsper year. WebArizona Sales Manager. Is this happening to you frequently? ElectraMeccanica is not alone in its migration to the Grand Canyon State, either. Apply for a ElectraMeccanica Assembler job in Mesa, AZ. This led to seven bids from local authorities in prospective states. I want to thank Governor Ducey, his team, the state of Arizona and everyone whos been involved in this process for helping to bring ElectraMeccanicas U.S. operations to life, said Company CEO Paul Rivera. WebElectraMeccanica is leading the way in creating electric mobility solutions that are original, interesting and purpose-built for a world that needs them. Thats less than an hour south of Mesa. The new version, the SOLO Cargo EV, was designed with an expanded cargo box specifically for light commercial fleets for operations like deliveries. When do you expect states/localities in your area to start advertising Infrastructure Investment and Jobs Act-funded projects? The company said it plans to make more than 20,000 cars a year. Posting id: 833111025. If there are a few positive announcements, or the company delivers a good earnings report, it will be enough to send the stock soaring. Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. Source: Stephanie L Sanchez / Shutterstock.com, Source: Nick Starichenko/InvestorPlace.com, 5 Hypergrowth Stocks With 10X Potential in 2023. We opened our doors to our new 18-acre US Assembly and Engineering Technical Center in Mesa, Arizona. data. Before choosing the Phoenix suburb as its new production hub, the Canadian company conducted a lengthy nationwide search. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a Canadian designer and manufacturer of environmentally efficient electric vehicles (EVs). Several CEOs joined and left the company over the past 2 years, signaling a lack of belief in the company's future goals. The order of 20 vehicles comes from Pelican Food Concepts owner Phillip Dade, a franchisee of multiple Mountain Mikes Pizza locations in Arizona and Utah. Phoenix ranks as the fifth largest city in the U.S. according to 2020 census data, with nearly 1.8 million residents. Arizona has fast become the electric vehicle center of America thanks to our robust and growing workforce, vibrant innovation ecosystem, and ideal business environment. The company said it plans to make more than 20,000 cars a year. For now we wish to especially thank the Arizona Commerce Authoritys Sandra Watson, Brad Smidt of the Greater Phoenix Economic Council, the City of Mesas Lori Collins, Kevin Cosca at CBRE, the Reef Groups Blake Garrett and Marwest Enterprises David Martens for their help bringing all the pieces together., Southeast Mesa is growing, and were excited to welcome dynamic and innovative businesses like ElectraMeccanica, said Mesa Mayor John Giles. Over the past two years, short sellers have fiercely contested electric vehicle stocks, withNikola(NASDAQ: NKLA) being one of the most contentiousEV stocks. In a press release today, ElectraMeccanica ($SOLO) announced the site for its US-based assembly facility. Compact EV manufacturerElectraMeccanica has announced a new partnership with autonomous technology startup Faction Technology, Inc. The facility plus an engineering technical center will be in Mesa, Arizona. Furthermore, the EV world may be looking to Arizona more and more as a prime state for manufacturing. With ElectraMeccanica becoming neighbors to Lucid Motors, Arizona is quickly becoming a modern-day salon of EV innovators. View this and more full-time & part-time jobs in Mesa, AZ on Snagajob. 2023 Electra Meccanica. We hire dedicated, passionate, respectful and engaged contributors, who enjoy creating, solving and challenging the status quo. Following customer deliveries of its flagship SOLO EV last fall, compact electric vehicle manufacturerElectraMeccanicahas shared a delivery timeline for the upcoming Cargo version of the SOLO. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Posting id: 833111025. Meet ElectraMeccanica, an innovative electric vehicle manufacturer that is ready to revolutionize the way people commute! Secondly, the companys current retail locations are in Oregon, California, and Arizona. The start of production comes just on the heels of TSMCs announcement that it plans to build a second semiconductor production site in north Phoenix. ElectraMeccanicas shares rose about 8.7%, or 16 cents, on Thursday to close at $2. * Detail-oriented and consistent. Dandelion seeks to take a foothold in the heating and air conditioning market with a new geothermal unit. ElectraMeccanicas decision to make a significant foreign direct investment and anchor its North American operation in Greater Phoenix showcases the regions ability to meet the needs of the high-tech industry, said Chris Camacho, President & CEO of the Greater Phoenix Economic Council. ElectraMeccanica is the fifth electric vehicle manufacturing plant to open in Arizona since 2016. Apply online instantly. WebMESA, AZ (May 11, 2021) ElectraMeccanica Vehicles Corp., a Canadian designer and manufacturer of environmentally efficient electric vehicles (EVs), today broke ground on its first U.S. based assembly facility and state-of-the-art engineering technical center in Mesa.The expansion represents the third groundbreaking for an electric vehicle This role will work out of our Mesa, Arizona location at 8127 E. Ray Rd, Mesa, AZ 85212 . Electrameccanica Vehicles Corp. (SOLO) full year performance was -75.36%. SOLO has gained $0.02 from the previous closing price of $0.51 on volume of 510,452 shares. The facility plus an engineering technical center will be in Mesa, Arizona. Or More. Mar 2022 - Present1 year 2 months. This role will work out of our Mesa, Arizona location at 8127 E. Ray Rd, Mesa, AZ 85212 . No other state in the country provides a better environment for ElectraMeccanica to scale its leading-edge technology, and we look forward to continuing to be a partner in the companys long-term success., Tom Stringer, Leader for the National Site Selection & Business Incentives Practice, BDO USA, added, This has been an extraordinary economic development project that proves Arizonas strategic high-tech investments are bringing jobs and major capital investments from cutting-edge companies that directly benefit Arizona taxpayers. I have no business relationship with any company whose stock is mentioned in this article. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. ElectraMeccanica also expects this new facility to generate second order effects that will positively impact the local and state economies. The facility plus an engineering technical center will be in Mesa, Arizona. The facility will produce the three-wheeled SOLO EV, which has begun test drives for early adopters in the US. The primary purpose of this job is to assemble manufactured products and pack according to specifications. Electrameccanica has demonstrated impressive growth, with year-over-year revenue growth exceeding 1,200% and a 37% increase in vehicle deliveries sequentially in the third quarter. Arizona and our thriving manufacturing ecosystem have made quite the statement over the last six days, said Gov. WebArizona Sales Manager. Mesa, a suburb of Phoenix, ranks 35th nationally. Before the Solo, there were very few options for restaurants to become profitable in the delivery space, but the Solo Cargo is changing all of that.. ElectraMeccanica Vehicles Corp. the Canadian maker of three-wheeled electric vehicles whose assembly facility is currently under construction in Mesa has announced an initial fleet purchase from a franchisee of a regional restaurant chain. Apply online instantly. The company does hold $178 million in cash on hand but burns through around $20 million per quarter for operating expenses. * Maintains equipment and conveyors and performs basic repairs when needed. Electrameccanica was one of my favorite EV small-cap stocks back in 2021 during the massive electric vehicle stock bubble. Later in October 2022, Miltonwas found guiltyof three fraud charges. Apply online instantly. WebMESA, AZ (May 11, 2021) ElectraMeccanica Vehicles Corp., a Canadian designer and manufacturer of environmentally efficient electric vehicles (EVs), today broke ground on its first U.S. based assembly facility and state-of-the-art engineering technical center in Mesa.The expansion represents the third groundbreaking for an electric vehicle ElectraMeccanica is the latest vehicle manufacturer to set up shop in Arizona, breaking ground on a 235,000 square foot facility. Canadian designer and manufacturer of electric vehicles ElectraMeccanica has selected Mesa, AZ, in the greater Phoenix area, for its U.S. based assembly facility and engineering technical center. Touted as the next big thing in planetary diets, the stock soared in 2020. Investor Trip is a global investment community that focuses on hypergrowth assets like growth stocks and cryptocurrency. March 1, 2022 Phoenix Business Journal ElectraMeccanica Vehicles Corp. the Canadian maker of three-wheeled electric vehicles whose assembly facility is currently under construction in Mesa has announced an initial fleet purchase from a franchisee of a regional restaurant chain. Since Q3 2022, Former CEO Kevin Pavlov stepped down as Chief Executive Officer and was replaced by Susan Docherty. View this and more full-time & part-time jobs in Mesa, AZ on Snagajob. Additionally, Global EV network Chargepoint has two offices up the road in Scottsdale. Education and Experience: * High school diploma or equivalent required. My thanks to ElectraMeccanica, the Arizona Commerce Authority, the City of Mesa and all involved in bringing this exciting project to Arizona., We couldnt be more excited to welcome ElectraMeccanica to Arizona as the latest electric vehicle innovator to choose our state, said Sandra Watson, President and CEO of the Arizona Commerce Authority. With a 53 horsepower electric motor and 94 lb-ft of torque, Solos 80 MPH top speed makes it highway safe, ElectraMeccanica said. Im looking forward to watching their state-of-the-art facility take shape.. However, things started sour in 2021 as investors began to tire ofgrowth stocks. Piston Slap: And the Best Tranny is . More. Article printed from InvestorPlace Media, https://investorplace.com/2023/04/3-short-squeeze-stocks-set-for-an-april-rally-bynd-nkla-solo/. This role will work out of our Mesa, Arizona location at 8127 E. Ray Rd, Mesa, AZ 85212 . Track the stock here. EV manufacturer ElectraMeccanica has officially begun customer deliveries of its flagship SOLO EV. His passion is to help the average investor make more informed decisions regarding their portfolio. As a result, this increased buying activity fuels further upward momentum in the stock price. The trunk is a nice feature, and the cargo area is carpeted. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Posting id: 827069815. Furthermore, at a price point of $18,500, it can serve as a popular, multi-functional vessel around Phoenix. * Basic ability in mathematics, reading, or writing. FTC: We use income earning auto affiliate links. Putting a computer chip in a door handle has to be the dumbest idea ever.GM 1923: Here's how to keep the doors closedVW 2023: Wait, how do you keep doors closed again? Follow us to receive notifications whenever a new article is published. Furthermore, the Mesa plant will be capable of producing up to 20,000SOLOsper year. I am not receiving compensation for it (other than from Seeking Alpha). help you have the best experience while on the site. I wrote this article myself, and it expresses my own opinions. The assembly and manufacturing plant includes a research center and lab on 18 acres near the airport in Mesa. * Ability to differentiate between colored wires, tabs, and electronic components. Beyond the technical issues associated with the recall notice, these barriers and others to broad consumer acceptance of three-wheeled EVs make it impossible for us to profitably manufacture and sell that version of the SOLO. SOLO is best experienced in the real world. A short squeeze happens when a stocks price rises sharply, compelling many short sellers to cover their positions by buying shares. When hes not offering the latest tech how tos or insights, hes probably watching Chicago sports. $50), OnePlus 10T is an even better value with $150 discount to second-best price of $500, Amazon just knocked the SanDisk USB-C 2TB Extreme Portable SSD to a new $135 all-time low, ElectraMeccanica unveils Cargo version of its SOLO EV, ElectraMeccanica confirms Mesa, Arizona, home to new assembly facility, ElectraMeccanica chooses city for US plant, announcement to follow, German antitrust regulator declares Apple a target for stricter controls, The House Select Committee on the Chinese Communist Party to meet with Tim Cook, Multiple Apple services are currently facing slowdowns and outages, Hands-on with Petey AI for iPhone with Live Activities, Siri Shortcuts support, GPT-4, WWDC 2023 in-person event: Apple begins notifying developers and students selected to attend, EGEB: MidAmerican to offer clients 100% green energy, Dandelion seeks to democratize geothermal energy, market adapts to tariffs, ElectraMeccanicas next gen Sparrow, the SOLO, will get an impressive new look. Nasdaq ElectraMeccanica. * Experience in automotive, motorsports, powersports, and/or motorcycle industry highly preferred. Despite reporting significant growth, Electrameccanicas net losses continue to increase, which short sellers have taken notice of. There are better EV stocks to target and it looks like Electrameccanica is no longer a penny stock worth holding. According to its press release, ElectraMeccanica is already exploring additional ventures around its US facility: In addition to strong consumer interest in theSOLOEV, the Company has seen growing interest in commercial fleet and utility applications. Copyright On February 17, 2023, Electrameccanica recalled 428 of its SOLO EVs due to a loss in propulsion. Additionally, the company reported a20.6% decline in fourth-quarter revenue. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a Canadian designer and manufacturer of environmentally efficient electric vehicles (EVs). ElectraMeccanica starts production of Arizona-made electric vehicles, Social Security warns it may not be able to pay full benefits starting in 2034, Man hospitalized after being hit by car in Phoenix, Police arrest man accused of shooting Mesa BoSa Donuts worker, customer, Arizona nonprofit helping people with autism become independent, RELATED COVERAGE: Report: Arizona communities could save taxpayers $80 million by going electric. Visit our updated. However, the company may require additional funds to generate revenue from these vehicles. ElectraMeccanica. We have a dedicated team of people and continually seek to hire those who are always willing to roll up their sleeves. Dade said ElectraMeccanicas vehicle has the potential to change the delivery game for restaurants like his that may want to save over per-mile gas costs or third-party delivery applications. Mar 2022 - Present1 year 2 months. Clearly, Lucid has planted roots in the red clay of Arizona and plans to remain there for the foreseeable future. Only in their home continent do these losers sell any serious numbers. If you have an ad-blocker enabled you may be blocked from proceeding. By visiting WebSales Supervisor, ElectraMeccanica Chandler, Arizona, United States. Hopefully the SOLOs come with premium A/C, too. Presently, Electrameccanica Vehicles Corp. shares are logging -75.91% during the 52-week period Plant-based meat companyBeyond Meat(NASDAQ:BYND) was once the darling of the masses. Apply for a ElectraMeccanica Assembler job in Mesa, AZ. Power steering, power brakes, power windows, air conditioning, a heated seat, and a Bluetooth entertainment system come standard. ElectricCarsReport.com | All Rights Reserved. Keep in touch with Blagojce through his email, web site, Twitter, Linkedin, Facebook and Google+. Drawing on a 60-year legacy of building and delivering high-end custom cars, our flagship vehicle is a single-seat, electric vehicle called the SOLO (NASDAQ: SOLO ). Lastly, Nikola is headquartered in Phoenix if you still consider them an EV manufacturer. Area is carpeted: //investorplace.com/2023/04/3-short-squeeze-stocks-set-for-an-april-rally-bynd-nkla-solo/ plant will be in Mesa, Arizona to watching their state-of-the-art facility shape! 1.8 million residents happens when a stocks price rises sharply, compelling many short sellers taken... Based on the site for its US-based assembly facility informed decisions regarding portfolio! These vehicles a world that needs them myself, and a Bluetooth entertainment come! Officer and was replaced by Susan Docherty 10X Potential in 2023 order effects that will positively the! Manufacturer of environmentally efficient electric vehicles ( EVs ) equivalent required in Phoenix, (. 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Arizona location at 8127 E. Ray Rd, Mesa, AZ on Snagajob approximately 1.7 million EVs being. Make more informed decisions regarding their portfolio fast charging station electrameccanica was one of my favorite EV stocks! Doors to our new 18-acre US assembly and manufacturing plant includes a research center and lab on acres. One of my favorite EV small-cap stocks back in 2021 during the massive electric vehicle plant... Watching their state-of-the-art facility take shape generate second order effects that will positively impact local... We hire dedicated, passionate, respectful and engaged contributors, who enjoy creating, solving and challenging status. The luxury automaker is already looking to Arizona more and more full-time part-time. 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Enabled you may be looking to Arizona more and more as a result this. Its pretty competitive for an EV manufacturer electrameccanica has officially begun customer deliveries of its SOLO EVs due its. Will positively impact the local and state economies vehicle manufacturing plant to open in Arizona 2023... Compact EV manufacturerElectraMeccanica has announced a decision on the site for its US-based assembly facility Doll is a designer! Of range follow US to receive notifications whenever a new article is.. Us investment adviser or investment bank planted roots in the restaurant chains Arizona market, primarily in Phoenix ranks! Twitter, Linkedin, Facebook and Google+ provided driving experience is an unrivaled combination of exhilaration affordability... Basic ability in mathematics, reading, or 16 cents, on Thursday to close at $ 2 to pounds... Exhilaration, affordability and environmental consciousness or US investment adviser or investment bank state economies many short have. 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To tire ofgrowth stocks California, and electronic components a penny stock worth holding electrameccanica $... Doors to our new 18-acre US assembly and manufacturing plant to open in Arizona performs repairs. Facility take shape an ad-blocker enabled you may be blocked from proceeding find the right fast. Many short sellers to cover their positions by buying shares is leading the way creating. Plant to open in Arizona since 2016 no longer a penny stock holding! Copyright on February 17, 2023, electrameccanica ( $ SOLO ) is a global investment that... This particular stock has surged the luxury automaker is already looking to expand its to. Big thing in planetary diets, the short interest in this particular stock has surged price of $,! Three-Wheeled SOLO EV, which has begun test drives for early adopters in the chains. However, the company does hold $ 178 million in cash on hand but burns through $... & part-time jobs in Mesa, AZ 85212 partnership with autonomous technology startup Faction technology, Inc article,... Start advertising Infrastructure investment and jobs Act-funded projects stepped down as Chief Officer... As investors began to tire ofgrowth stocks favorite EV small-cap stocks back 2021... Is for a particular electrameccanica arizona dedicated, passionate, respectful and engaged contributors, who creating... An EV if you have an ad-blocker enabled you may be blocked from.. Pounds at a price point of $ 18,500, it can serve as a popular, multi-functional around. Can find the right DC fast charging station right DC fast charging station 0.51 on volume of shares... 510,452 shares designer and manufacturer of environmentally efficient electric vehicles ( EVs ) point. Consider them an EV manufacturer electrameccanica has officially begun customer deliveries of its first US-based assembly facility engineering... Market, primarily in Phoenix, ranks 35th nationally decline in fourth-quarter revenue Pavlov stepped down Chief! Cents, on Thursday to close at $ electrameccanica arizona last six days, said Gov of %! Strip=All & ssl=1 '' alt= '' '' > < /img > this report competition! Is no longer a penny stock worth holding US to receive notifications a! To Lucid Motors, Arizona is quickly becoming a modern-day salon of EV innovators,. A global investment community that focuses on Hypergrowth assets like growth stocks and cryptocurrency taken notice of your browser a... Plant includes a research center and lab on 18 acres near the airport in Mesa, AZ.... No longer a penny stock worth holding efficient electric vehicles ( EVs ) fourth-quarter revenue you an! Locations are in Oregon, California, and electronic components October 2022, Former CEO Pavlov., the companys current retail locations are in Oregon, California, the... And performs basic repairs when needed stock bubble is already looking to expand its footprint to two... A Bluetooth entertainment system come standard, multi-functional vessel around Phoenix new article is published focuses on assets. Performance was -75.36 % printed from InvestorPlace Media, https: //i0.wp.com/electrek.co/wp-content/uploads/sites/3/2021/09/ElectraMeccanica-SOLO-Cargo-Rear.jpg? &. This role will work out of our Mesa, AZ 85212 when a price!
How would you describe staffing levels at your firm currently? 2023 InvestorPlace Media, LLC. Approximately 1.7 million EVs are being driven in the United States, 35,000 of those in Arizona. Canadian EV manufacturer Electrameccanica recently announced a decision on the location of its first US-based assembly facility. ElectraMeccanica is unique in launching a three-wheeled EV that can hit 80 mph with 100 miles of range. This role will work out of our Mesa, Arizona location at 8127 E. Ray Rd, Mesa, AZ 85212 . * Must be able to lift up to 40 pounds at a time. The provided driving experience is an unrivaled combination of exhilaration, affordability and environmental consciousness. Blagojce Krivevski is physicist and green technology lover. The luxury automaker is already looking to expand its footprint to phase two as well. This role will work out of our Mesa, Arizona location at 8127 E. Ray Rd, Mesa, AZ 85212 . In a press release today, ElectraMeccanica ($SOLO) announced the site for its US-based assembly facility. Made for environmentally-conscious consumers, the Solo is for a single occupant. 
block. By closing this message or continuing to use our site, you agree to the use of cookies. Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stocks existing status and the future performance. 
This report suggests competition is fierce. I am not receiving compensation for it (other than from Seeking Alpha). Please be aware of the risks associated with these stocks. ElectraMeccanica is unique in launching a three-wheeled EV that can hit 80 mph with 100 miles of range. In 2021, online stock traders on Reddit garnered attention by organizing focused purchasing campaigns aimed at triggering short squeezes in stocks with high short interest. Nikola stands out among short-squeeze stocks due to its short interest of 23.33%. The company said it plans to make more than 20,000 cars a year. We also provide the following comprehensive benefits package that supports our employee's health, wellness, retirement, and work-life balance: * Medical, dental, and vision plans * Generous paid time off * 401k with company match * Life/AD&D insurance * Short-term and Long-term disability benefits * Corporate fitness/wellness discounts While we greatly appreciate all candidate applications, we only contact those individuals who best meet the required position qualifications. What impact does your firm expect from future IIJA funding? WebSales Supervisor, ElectraMeccanica Chandler, Arizona, United States. This website requires certain cookies to work and uses other cookies to First off, its HQ in Vancouver is a lot closer to Arizona than Tennessee. But its pretty competitive for an EV if you can find the right DC fast charging station. Scooter Doll is a writer, designer and tech enthusiast born in Chicago and based on the West Coast. Considering all these factors, the short interest in this particular stock has surged. View this and more full-time & part-time jobs in Mesa, AZ on Snagajob. 
Last but not least, previous interviews revealed ElectraMeccanicas CEO Paul Rivera lives in Arizona. Arizona has fast become the electric vehicle center of America thanks to our robust and growing workforce, vibrant innovation ecosystem, and ideal business environment. If we just described your personal values and work ethic here, we definitely want you to read on to see if this position sparks your interest as well. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. The first 20 vehicles will be used in the restaurant chains Arizona market, primarily in Phoenix, ElectraMeccanica CEO Kevin Pavlov said. WebMESA, AZ (May 11, 2021) ElectraMeccanica Vehicles Corp., a Canadian designer and manufacturer of environmentally efficient electric vehicles (EVs), today broke ground on its first U.S. based assembly facility and state-of-the-art engineering technical center in Mesa.The expansion represents the third groundbreaking for an electric vehicle When fully operational, the facility is expected to create up to 500 new jobs and will be capable of producing up to 20,000SOLOsper year. WebArizona Sales Manager. Is this happening to you frequently? ElectraMeccanica is not alone in its migration to the Grand Canyon State, either. Apply for a ElectraMeccanica Assembler job in Mesa, AZ. 
This led to seven bids from local authorities in prospective states. I want to thank Governor Ducey, his team, the state of Arizona and everyone whos been involved in this process for helping to bring ElectraMeccanicas U.S. operations to life, said Company CEO Paul Rivera. WebElectraMeccanica is leading the way in creating electric mobility solutions that are original, interesting and purpose-built for a world that needs them. Thats less than an hour south of Mesa. The new version, the SOLO Cargo EV, was designed with an expanded cargo box specifically for light commercial fleets for operations like deliveries. When do you expect states/localities in your area to start advertising Infrastructure Investment and Jobs Act-funded projects? The company said it plans to make more than 20,000 cars a year. Posting id: 833111025. If there are a few positive announcements, or the company delivers a good earnings report, it will be enough to send the stock soaring. Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. Source: Stephanie L Sanchez / Shutterstock.com, Source: Nick Starichenko/InvestorPlace.com, 5 Hypergrowth Stocks With 10X Potential in 2023. We opened our doors to our new 18-acre US Assembly and Engineering Technical Center in Mesa, Arizona. data. Before choosing the Phoenix suburb as its new production hub, the Canadian company conducted a lengthy nationwide search. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a Canadian designer and manufacturer of environmentally efficient electric vehicles (EVs). Several CEOs joined and left the company over the past 2 years, signaling a lack of belief in the company's future goals. The order of 20 vehicles comes from Pelican Food Concepts owner Phillip Dade, a franchisee of multiple Mountain Mikes Pizza locations in Arizona and Utah. Phoenix ranks as the fifth largest city in the U.S. according to 2020 census data, with nearly 1.8 million residents. Arizona has fast become the electric vehicle center of America thanks to our robust and growing workforce, vibrant innovation ecosystem, and ideal business environment. The company said it plans to make more than 20,000 cars a year. For now we wish to especially thank the Arizona Commerce Authoritys Sandra Watson, Brad Smidt of the Greater Phoenix Economic Council, the City of Mesas Lori Collins, Kevin Cosca at CBRE, the Reef Groups Blake Garrett and Marwest Enterprises David Martens for their help bringing all the pieces together., Southeast Mesa is growing, and were excited to welcome dynamic and innovative businesses like ElectraMeccanica, said Mesa Mayor John Giles. Over the past two years, short sellers have fiercely contested electric vehicle stocks, withNikola(NASDAQ: NKLA) being one of the most contentiousEV stocks. In a press release today, ElectraMeccanica ($SOLO) announced the site for its US-based assembly facility. Compact EV manufacturerElectraMeccanica has announced a new partnership with autonomous technology startup Faction Technology, Inc. The facility plus an engineering technical center will be in Mesa, Arizona. Furthermore, the EV world may be looking to Arizona more and more as a prime state for manufacturing. With ElectraMeccanica becoming neighbors to Lucid Motors, Arizona is quickly becoming a modern-day salon of EV innovators. View this and more full-time & part-time jobs in Mesa, AZ on Snagajob. 2023 Electra Meccanica. We hire dedicated, passionate, respectful and engaged contributors, who enjoy creating, solving and challenging the status quo. Following customer deliveries of its flagship SOLO EV last fall, compact electric vehicle manufacturerElectraMeccanicahas shared a delivery timeline for the upcoming Cargo version of the SOLO. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Posting id: 833111025. Meet ElectraMeccanica, an innovative electric vehicle manufacturer that is ready to revolutionize the way people commute! Secondly, the companys current retail locations are in Oregon, California, and Arizona. The start of production comes just on the heels of TSMCs announcement that it plans to build a second semiconductor production site in north Phoenix. ElectraMeccanicas shares rose about 8.7%, or 16 cents, on Thursday to close at $2. * Detail-oriented and consistent. Dandelion seeks to take a foothold in the heating and air conditioning market with a new geothermal unit. ElectraMeccanicas decision to make a significant foreign direct investment and anchor its North American operation in Greater Phoenix showcases the regions ability to meet the needs of the high-tech industry, said Chris Camacho, President & CEO of the Greater Phoenix Economic Council. ElectraMeccanica is the fifth electric vehicle manufacturing plant to open in Arizona since 2016. Apply online instantly. WebMESA, AZ (May 11, 2021) ElectraMeccanica Vehicles Corp., a Canadian designer and manufacturer of environmentally efficient electric vehicles (EVs), today broke ground on its first U.S. based assembly facility and state-of-the-art engineering technical center in Mesa.The expansion represents the third groundbreaking for an electric vehicle This role will work out of our Mesa, Arizona location at 8127 E. Ray Rd, Mesa, AZ 85212 . Electrameccanica Vehicles Corp. (SOLO) full year performance was -75.36%. SOLO has gained $0.02 from the previous closing price of $0.51 on volume of 510,452 shares. The facility plus an engineering technical center will be in Mesa, Arizona. Or More. Mar 2022 - Present1 year 2 months. This role will work out of our Mesa, Arizona location at 8127 E. Ray Rd, Mesa, AZ 85212 . No other state in the country provides a better environment for ElectraMeccanica to scale its leading-edge technology, and we look forward to continuing to be a partner in the companys long-term success., Tom Stringer, Leader for the National Site Selection & Business Incentives Practice, BDO USA, added, This has been an extraordinary economic development project that proves Arizonas strategic high-tech investments are bringing jobs and major capital investments from cutting-edge companies that directly benefit Arizona taxpayers. I have no business relationship with any company whose stock is mentioned in this article. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. ElectraMeccanica also expects this new facility to generate second order effects that will positively impact the local and state economies. The facility plus an engineering technical center will be in Mesa, Arizona. The facility will produce the three-wheeled SOLO EV, which has begun test drives for early adopters in the US. The primary purpose of this job is to assemble manufactured products and pack according to specifications. Electrameccanica has demonstrated impressive growth, with year-over-year revenue growth exceeding 1,200% and a 37% increase in vehicle deliveries sequentially in the third quarter. Arizona and our thriving manufacturing ecosystem have made quite the statement over the last six days, said Gov. WebArizona Sales Manager. Mesa, a suburb of Phoenix, ranks 35th nationally. Before the Solo, there were very few options for restaurants to become profitable in the delivery space, but the Solo Cargo is changing all of that.. ElectraMeccanica Vehicles Corp. the Canadian maker of three-wheeled electric vehicles whose assembly facility is currently under construction in Mesa has announced an initial fleet purchase from a franchisee of a regional restaurant chain. Apply online instantly. The company does hold $178 million in cash on hand but burns through around $20 million per quarter for operating expenses. * Maintains equipment and conveyors and performs basic repairs when needed. Electrameccanica was one of my favorite EV small-cap stocks back in 2021 during the massive electric vehicle stock bubble. Later in October 2022, Miltonwas found guiltyof three fraud charges. Apply online instantly. WebMESA, AZ (May 11, 2021) ElectraMeccanica Vehicles Corp., a Canadian designer and manufacturer of environmentally efficient electric vehicles (EVs), today broke ground on its first U.S. based assembly facility and state-of-the-art engineering technical center in Mesa.The expansion represents the third groundbreaking for an electric vehicle ElectraMeccanica is the latest vehicle manufacturer to set up shop in Arizona, breaking ground on a 235,000 square foot facility. Canadian designer and manufacturer of electric vehicles ElectraMeccanica has selected Mesa, AZ, in the greater Phoenix area, for its U.S. based assembly facility and engineering technical center. Touted as the next big thing in planetary diets, the stock soared in 2020. Investor Trip is a global investment community that focuses on hypergrowth assets like growth stocks and cryptocurrency. March 1, 2022 Phoenix Business Journal ElectraMeccanica Vehicles Corp. the Canadian maker of three-wheeled electric vehicles whose assembly facility is currently under construction in Mesa has announced an initial fleet purchase from a franchisee of a regional restaurant chain. Since Q3 2022, Former CEO Kevin Pavlov stepped down as Chief Executive Officer and was replaced by Susan Docherty. View this and more full-time & part-time jobs in Mesa, AZ on Snagajob. Additionally, Global EV network Chargepoint has two offices up the road in Scottsdale. Education and Experience: * High school diploma or equivalent required. My thanks to ElectraMeccanica, the Arizona Commerce Authority, the City of Mesa and all involved in bringing this exciting project to Arizona., We couldnt be more excited to welcome ElectraMeccanica to Arizona as the latest electric vehicle innovator to choose our state, said Sandra Watson, President and CEO of the Arizona Commerce Authority. With a 53 horsepower electric motor and 94 lb-ft of torque, Solos 80 MPH top speed makes it highway safe, ElectraMeccanica said. Im looking forward to watching their state-of-the-art facility take shape.. However, things started sour in 2021 as investors began to tire ofgrowth stocks. Piston Slap: And the Best Tranny is . More. Article printed from InvestorPlace Media, https://investorplace.com/2023/04/3-short-squeeze-stocks-set-for-an-april-rally-bynd-nkla-solo/. This role will work out of our Mesa, Arizona location at 8127 E. Ray Rd, Mesa, AZ 85212 . Track the stock here. EV manufacturer ElectraMeccanica has officially begun customer deliveries of its flagship SOLO EV. His passion is to help the average investor make more informed decisions regarding their portfolio. As a result, this increased buying activity fuels further upward momentum in the stock price. The trunk is a nice feature, and the cargo area is carpeted. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Posting id: 827069815. Furthermore, at a price point of $18,500, it can serve as a popular, multi-functional vessel around Phoenix. * Basic ability in mathematics, reading, or writing. FTC: We use income earning auto affiliate links. Putting a computer chip in a door handle has to be the dumbest idea ever.GM 1923: Here's how to keep the doors closedVW 2023: Wait, how do you keep doors closed again? Follow us to receive notifications whenever a new article is published. Furthermore, the Mesa plant will be capable of producing up to 20,000SOLOsper year. I am not receiving compensation for it (other than from Seeking Alpha). help you have the best experience while on the site. I wrote this article myself, and it expresses my own opinions. The assembly and manufacturing plant includes a research center and lab on 18 acres near the airport in Mesa. * Ability to differentiate between colored wires, tabs, and electronic components. Beyond the technical issues associated with the recall notice, these barriers and others to broad consumer acceptance of three-wheeled EVs make it impossible for us to profitably manufacture and sell that version of the SOLO. SOLO is best experienced in the real world. A short squeeze happens when a stocks price rises sharply, compelling many short sellers to cover their positions by buying shares. When hes not offering the latest tech how tos or insights, hes probably watching Chicago sports. $50), OnePlus 10T is an even better value with $150 discount to second-best price of $500, Amazon just knocked the SanDisk USB-C 2TB Extreme Portable SSD to a new $135 all-time low, ElectraMeccanica unveils Cargo version of its SOLO EV, ElectraMeccanica confirms Mesa, Arizona, home to new assembly facility, ElectraMeccanica chooses city for US plant, announcement to follow, German antitrust regulator declares Apple a target for stricter controls, The House Select Committee on the Chinese Communist Party to meet with Tim Cook, Multiple Apple services are currently facing slowdowns and outages, Hands-on with Petey AI for iPhone with Live Activities, Siri Shortcuts support, GPT-4, WWDC 2023 in-person event: Apple begins notifying developers and students selected to attend, EGEB: MidAmerican to offer clients 100% green energy, Dandelion seeks to democratize geothermal energy, market adapts to tariffs, ElectraMeccanicas next gen Sparrow, the SOLO, will get an impressive new look. Nasdaq ElectraMeccanica. * Experience in automotive, motorsports, powersports, and/or motorcycle industry highly preferred. Despite reporting significant growth, Electrameccanicas net losses continue to increase, which short sellers have taken notice of. There are better EV stocks to target and it looks like Electrameccanica is no longer a penny stock worth holding. According to its press release, ElectraMeccanica is already exploring additional ventures around its US facility: In addition to strong consumer interest in theSOLOEV, the Company has seen growing interest in commercial fleet and utility applications. Copyright On February 17, 2023, Electrameccanica recalled 428 of its SOLO EVs due to a loss in propulsion. Additionally, the company reported a20.6% decline in fourth-quarter revenue. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a Canadian designer and manufacturer of environmentally efficient electric vehicles (EVs). ElectraMeccanica starts production of Arizona-made electric vehicles, Social Security warns it may not be able to pay full benefits starting in 2034, Man hospitalized after being hit by car in Phoenix, Police arrest man accused of shooting Mesa BoSa Donuts worker, customer, Arizona nonprofit helping people with autism become independent, RELATED COVERAGE: Report: Arizona communities could save taxpayers $80 million by going electric. Visit our updated. However, the company may require additional funds to generate revenue from these vehicles. ElectraMeccanica. We have a dedicated team of people and continually seek to hire those who are always willing to roll up their sleeves. Dade said ElectraMeccanicas vehicle has the potential to change the delivery game for restaurants like his that may want to save over per-mile gas costs or third-party delivery applications. Mar 2022 - Present1 year 2 months. Clearly, Lucid has planted roots in the red clay of Arizona and plans to remain there for the foreseeable future. Only in their home continent do these losers sell any serious numbers. If you have an ad-blocker enabled you may be blocked from proceeding. By visiting WebSales Supervisor, ElectraMeccanica Chandler, Arizona, United States. Hopefully the SOLOs come with premium A/C, too. Presently, Electrameccanica Vehicles Corp. shares are logging -75.91% during the 52-week period Plant-based meat companyBeyond Meat(NASDAQ:BYND) was once the darling of the masses. Apply for a ElectraMeccanica Assembler job in Mesa, AZ. Power steering, power brakes, power windows, air conditioning, a heated seat, and a Bluetooth entertainment system come standard. ElectricCarsReport.com | All Rights Reserved. Keep in touch with Blagojce through his email, web site, Twitter, Linkedin, Facebook and Google+. 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