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Electra Meccanica Joins in Support of International Fossil Fuel-Free Cities Pledge

VANCOUVER , Oct. 25, 2017 /CNW/ – ElectraMeccanica Vehicles Corp. (“Electra Meccanica” or the “Company”), manufacturer of the all-electric SOLO commuter car and all-electric Tofino sport convertible, is pleased to announce that the Company has joined with Vancouver Mayor Gregor Robertson in support of the International Fossil Fuel-Free Cities Pledge.

“As a preeminent company designing and engineering electric vehicles, we couldn’t be more pleased that our city’s Mayor has taken this step toward the eventual elimination of tailpipe emissions from our city’s vehicle fleets,” said Jerry Kroll , CEO, of Electra Meccanica. “Mayor Robertson’s leadership in this area is a testament to his hard work and dedication in positioning Vancouver as a leader in the global clean energy space.”

The pledge was signed at the C40 Cities conference in Paris on Monday, October 23 rd, and promotes buying only electric buses starting in 2025. Additionally, the pledge calls for cities to progressively abandon combustion engines completely by 2030 in a joint fossil-fuel-free streets declaration.

Vancouver joined other cities, including London , Paris , Seattle , Auckland , Barcelona , Cape Town , Copenhagen , Los Angeles , Mexico City , Milan and Quito , in a pledge to make major areas within their municipalities emissions-free by 2030.

About ElectraMeccanica Vehicles Corp.

Electra Meccanica (ECCTF) designs and builds the innovative, all-electric SOLO, and the Tofino  all-electric sport convertible.  Both vehicles are tuned for the ultimate driving experience while making your commute more efficient, cost-effective and environmentally friendly.

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Safe Harbor Statements

Except for the statements of historical fact contained herein, the information presented in this news release constitutes “forward-looking statements” as such term is used in applicable United States and Canadian securities laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “anticipates”, “estimates”, “projects”, “expects”, “contemplates”, “intends”, “believes”, “plans”, “may”, “will”, or their negatives or other comparable words) are not statements of historical fact and should be viewed as “forward-looking statements”. Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the prices of other electric vehicles, costs associated with manufacturing vehicles, the availability of capital to fund business plans and the resulting dilution caused by the raising of capital through the sale of shares, changes in the electric vehicle market, changes in government regulation, developments in alternative technologies, inexperience in servicing electric vehicles, labour disputes and other risks of the electric vehicle industry including, without limitation, those associated with the delays in obtaining governmental approvals and/or certifications. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended.

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