ElectraMeccanica: Gains on plans for U.S. operations base in Arizona
16/03/2021 11:40
** U.S.-listed shares of Canadian electric-vehicles maker
SOLO.O up 2.3% at $5.88 pre-market
** SOLO says to setup U.S.-based assembly facility and
engineering technical center in Mesa, Arizona, in the greater
Phoenix area urn:newsml:reuters.com:*:nGNX9DKHGq
** Says facility expected to create 500 jobs and be able to
produce up to 20,000 of co's flagship three-wheeled EV named
SOLO per year, when fully operational
** Up to Monday's close, stock down 7.1% this year
(Reporting by Chavi Mehta in Bengaluru)
((Chavi.Mehta@thomsonreuters.com;))
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