ElectraMeccanica unveils new lightweight aluminum chassis for its SOLO electric car

The new chassis reduces the vehicle's weight and its mass production costs

ElectraMeccanica -
The latest version of the SOLO, with a sticker price of $18,500, boasts a top speed of 100 miles per hour on a 17.3-kilowatt-an-hour battery pack. 

ElectraMeccanica Vehicles Corp (NASDAQ:SOLO) announced the design Tuesday of a new high-strength, cost-effective aluminium chassis for its signature single-seat SOLO electric vehicle. 

The aluminium chassis — the vehicle’s metal skeletal framework — will replace the company’s current composite version in the SOLO EV, making it better suited for mass production by reducing both its weight and per-unit assembly cost. 

“This project represents our continued focus on evolving the safety, comfort and design of our flagship single-occupant SOLO EV, while incorporating important cost-saving advantages to improve margins in mass-production,” CEO Paul Rivera said in a statement.

READ: ElectraMeccanica ended 2019 with C$11M in cash as it preps to roll out flagship SOLO EV

To get there, ElectraMeccanica has hired a tier-one engineering partner with a global presence, which will provide the company with on-the-ground support in the US and Canada.

“The partner we’ve selected for this project brings significant expertise in lightweight, high-strength automotive safety structures that are perfectly suited for the SOLO. We look forward to the impending launch of the revolutionary SOLO EV later this year,” Rivera added.

The latest version of the SOLO, with a sticker price of $18,500, boasts a top speed of 100 miles per hour on a 17.3-kilowatt-an-hour battery pack. 

Contact Andrew Kessel at [email protected] 

Follow him on Twitter @andrew_kessel

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Price: 1.04 USD

Market: NASDAQ
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