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ElectraMeccanica Announces Retirement of Co-Founder Henry Reisner

VANCOUVER, British Columbia, Jan. 27, 2022 (GLOBE NEWSWIRE) -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the "Company"), a designer and manufacturer of electric vehicles, announces the retirement of Henry Reisner, a co-founder and the current Executive VP and a director of the Company, with effect immediately.

Kevin Pavlov, the Company’s Chief Executive Officer, stated, “On behalf of the Board of Directors and management team, I would like to celebrate all of Henry’s contributions over the course of his six years with ElectraMeccanica. We applaud Henry for his leadership, dedication and tireless efforts as he has been instrumental in making ElectraMeccanica what it is today, and we wish him the very best.”

Henry Reisner stated, “Today I announce my retirement from my roles within ElectraMeccanica. I take great pride in having helped found ElectraMeccanica and am honored to have had the opportunity to work alongside the talented and passionate ElectraMeccanica team in the development of the Company and its products. I am very pleased that the InterMeccanica brand will continue and that current management is committed to the development, manufacture and distribution of the InterMeccanica e-roadster. I look forward to future achievements and successes of the ElectraMeccanica team as the company continues to evolve and grow.”

Henry Reisner was the original owner and operator of Intermeccanica, a custom-built sports car company focused on global clientele first in Italy, and subsequently, in British Columbia. Intermeccanica became a wholly owned subsidiary of ElectraMeccanica in 2017.

About ElectraMeccanica Vehicles Corp.

ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a Canadian designer and manufacturer of environmentally efficient electric vehicles (EVs). The company’s flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. Engineered 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, making 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 blends a modern look with safety features at an accessible price point of $18,500. The SOLO is currently available for pre-orders here. For more information, please visit www.electrameccanica.com.