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Wednesday, 11/21/2018 8:49:02 AM

Wednesday, November 21, 2018 8:49:02 AM

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ELECTRA MECCANICA APPOINTS BAL BHULLAR AS CHIEF FINANCIAL OFFICER
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ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("Electra Meccanica" or the "Company"), a designer and manufacturer of electric vehicles, today announced the appointment of Bal Bhullar, a proven financial executive with public company experience, as its Chief Financial Officer, effective November 19, 2018. As CFO, Ms. Bhullar will succeed Kulwant Sandher, who will continue as a consultant to the Company to ensure a smooth transition.

Ms. Bhullar is an accomplished financial executive with over 25 years of diversified business, financial and risk management experience. Bal has prior CFO experience at both public and private companies across various sectors, including technology, natural resources and transportation. Ms. Bhullar most recently served as CEO of BKB Management Ltd., a firm she founded in 2005 to provide CFO and corporate governance services to public and private companies, prior to joining Electra Meccanica as a full-time CFO.

Ms. Bhullar is a Chartered Professional Accountant, Certified General Accountant and holds a diploma in Financial Management from the British Columbia Institute of Technology, as well as a CRM designation from Simon Fraser University.

"I look forward to leveraging Ms. Bhullar's deep public company experience to improve our operations as we begin to ramp up the production of our innovative SOLO electric vehicle," said Jerry Kroll, Founder and CEO of Electra Meccanica. "As we move forward into 2019 and begin delivering our first production vehicles, her financial and operation experience will prove invaluable. I look forward to working closely with Ms. Bhullar to meet and exceed all strategic objectives."

"It has been a pleasure to serve as Electra Meccanica's Chief Financial Officer. I am proud of the progress we have made to-date," said Kulwant Sandher.

"Electra Meccanica is an exciting entrant into the emerging electric vehicle space, offering a definitively unique and attractive vehicle lineup," said Bal Bhullar. "I am pleased to have joined the Company as Chief Financial Officer, working closely with Jerry Kroll and the Electra Meccanica Board of Directors to manage our expected growth trajectory well into the future."
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