Replies to post #745 on Electrameccanica Vehicles Corp (SOLO)

[dcvancity]

This is a really nice car.

But not one that generates any value for shareholders.

It is just the electric version of the Intermeccanica.

From previous financials, they were only selling 20-30 a year, and when Electramecannica paid $2.5M for Intermeccanica, it was eventually deemed by the auditors that they paid more than $1m too much for the company.

As far as I know, they have never been certified for sale as anything other than a custom kit car. No crash testing etc...