The merger will give the British commercial truck start-up a North American foothold, while providing ElectraMeccanica a new direction after the company abandoned its three-wheeled Solo EV this April.
Troubled electric car maker ElectraMeccanica Vehicles Corp. and U.K.-based Tevva Motors Ltd. have agreed to a merger that will give the British commercial truck start-up a North American foothold, while providing ElectraMeccanica a new direction after the company abandoned its three-wheeled Solo EV this April.
“This is the right time and Tevva is the right partner with which to pivot from consumer vehicles to commercial vehicles,” she said in a release. ElectraMeccanica was founded in Vancouver in 2015. Though it officially remains headquartered on Canada’s West Coast, it has consolidated most staff in Mesa, Arizona, where it owns a 235,000-square-foot manufacturing plant.Details about the company’s future in Canada post-merger were not immediately available.Tevva said the site will complement the company’s existing 110,000-square-foot truck manufacturing plant in the U.K., which began production in January.
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