Canadian electric car maker inks manufacturing deal with Chinese firm
Motorcycle manufacturer Zongshen Industrial Group has agreed to produce 75,000 of Vancouver-based Electra Meccanica's SOLO electric vehicles. The Canadian company says it has over 20,000 orders for its cars
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This uniquely shaped single-seater car is powered by a 16.1 kilowatt hour lithium-ion battery, has a range of 160 km and a top speed of 130 km/h.
The manufacturing agreement with Zongshen calls for the production of 5,000 SOLOs in 2018; 20,000 in 2019; and 50,000 in 2020.
The company started taking orders for the SOLO in 2016, and Electra Meccanica says it has so far amassed orders for over 20,000 units.
“We are thrilled that Zongshen has joined us in leading the clean energy charge and partnered with us in the production of our innovative, new SOLO,” said Jerry Kroll, CEO, Electra Meccanica. “We have thousands of orders on the books and we now have the manufacturing capacity to begin filling these orders for our customers.”
The SOLO’s anticipated manufacturer’s suggested retail price (MSRP) comes in at a modest $19,888, and the company is currently taking refundable $250 reservations on its website. New deliveries are currently scheduled to be fulfilled in Q4 2018.
For those with deeper pockets, Electra Meccanica is also offering a convertible sports car, the Tofino, with an MSRP of $50,000, and a $100,000 racing performing version of the SOLO is in development as well.