Company profile: ElectraMeccanica
1.1 - Company Overview
Company description
- Provider of single-person electric vehicles, planning, developing, manufacturing, and selling the SOLO urban commuting EV. A development-stage company founded in 2015 and headquartered in British Columbia, Canada, specializing in clean energy, electric vehicles, electric cars, technology, and environment.
Products and services
- Single-Person EV Planning & Development: Work architects single-occupant electric cars under the SOLO name for urban commuting, focusing on clean energy applications and technology innovation, development-stage
- Single-Person EV Production & Sales: Produces and sells single-occupant electric vehicles under the SOLO name, optimized for urban commuting and clean energy transport, urban-commuter-class
- SOLO Single-Person Electric Vehicle: A single-occupant electric car created for urban commuting under the SOLO name, subject to a recall due to a defect related to motor vehicle safety, recall-noted
Key contacts
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Financial details
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1.2 - Competitors and similar companies to ElectraMeccanica
Electra
HQ: France
Website
- Description: Provider of electric vehicle charging solutions, deploying and operating charging points and offering an app for car owners to reserve stations and view estimated charging times via a dedicated dashboard, enabling quick charging for electric vehicles.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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View full Electra company profile →
Hybricon
HQ: Sweden
Website
- Description: Provider of energy-efficient, clean and quiet electric bus systems for public transport, developing, manufacturing and marketing Hybricon Ultra Fast Charged buses that run continuously around the clock on clean electric power.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Hybricon company profile →
Vantage Vehicle
HQ: United States
Website
- Description: Provider of low-speed utility vehicles offering gasoline and electric platforms for passenger and cargo transportation, with customizable configurations to meet owner needs.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Vantage Vehicle company profile →
Autonomy
HQ: United States
Website
- Description: Provider of month-to-month electric vehicle subscriptions that include maintenance, registration, and insurance without a loan or long-term lease, leveraging technology to make mobility access easy and affordable; also publishes the Autonomy EV Market Report analyzing global EV trends, infrastructure, and U.S. incentives.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Autonomy company profile →
Proterra
HQ: United States
Website
- Description: Provider of zero-emission, heavy-duty electric buses and purpose-built battery systems for commercial and industrial applications, featuring modular, scalable energy storage and second-life capabilities, helping bus fleet operators across North America reduce fossil fuel dependency and operating costs while delivering clean, quiet transportation.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Proterra company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for ElectraMeccanica
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to ElectraMeccanica
2.2 - Growth funds investing in similar companies to ElectraMeccanica
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4 - Top valuation comps for ElectraMeccanica
4.2 - Public trading comparable groups for ElectraMeccanica
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