Things are happening at Vancouver-based EV manufacturer Electra Meccanica. The company, a descendant of Italian boutique automaker Intermeccanica, recently completed a $10-million public offering and began trading on NASDAQ. It is producing its unique SOLO EV in limited numbers, and is preparing to launch it in the US this fall.

The SOLO is an electric single-passenger three-wheel vehicle with a futuristic pod-like look. It has a range of 100 miles and a top speed around 85 mph, and is expected to sell for $15,500. The company says it has produced 16 units and delivered three to customers.

Electra Meccanica plans to launch its second model, a sports car called the Tofino, in 2019.

“We are well underway with our plan to deliver the initial shipments of our revolutionary mass production SOLOs to customers in the fall of 2018 and to open our first US sales location in Los Angeles. We continue to see increased interest in our SOLO and Tofino electric vehicles with the pre-order book growing in excess of $2.4 billion [Canadian].”

Source: Electra Meccanica