Electra Meccanica SOLO EV’s User Manual

December 20, 2018

Electra Meccanica Provides Production
Update for Model SOLO EV’s From High­Volume Manufacturing Facility

Company Remains On-Track to Commence Production and delivery of
SOLO’s to customers in 2019

VANCOUVER, British Columbia, Dec. 20, 2018 (GLOBE NEWSWIRE) -- Electra Meccanica
Vehicles Corp. (NASDAQ: SOLO) (“Electra Meccanica” or the “Company”), a designer and
manufacturer of electric vehicles, has provided a corporate update.

Figure 1: One of the first SOLO EV’s produced at
Electra Meccanica’s Zongshen factory in Chongqing,
China

The Company also released a video on the Zongshen factory in China, showcasing the
production of the 2019 SOLO electric vehicle (EV), which can be accessed by clicking here.

Corporate Update

In 2018, Electra Meccanica produced over 40 manually-built vehicles at their first
manufacturing facility in Vancouver, BC and delivered them to customers throughout the
United States and Canada. These vehicles were delivered to paying customers and potential
customers in efforts to conduct pilot tests for commercial use, as well as used for Global
Compliance testing, such as crash tests. The Company revealed an image gallery of the first
SOLO EV’s that were delivered to customers during 2018, which can be viewed at

https://electrameccanica.com/gallery/.

In October 2017, Electra Meccanica signed a manufacturing agreement with their strategic

partner, Zongshen Industrial Group Co., Ltd, to produce mass quantities of the Company’s
SOLO all-electric vehicle at their manufacturing factory based in Chongqing, China. This
manufacturing facility recently shipped its first two 2019 SOLO EV’s to the the Company’s
headquarters in Vancouver for on-road testing. An additional 48 SOLO EV’s are scheduled
for shipment from the Zongshen factory to Los Angeles, Portland and Vancouver in the first
quarter of 2019. A picture of one of the first SOLO EV’s produced at Electra Meccanica’s
Zongshen factory in Chongqing, China can be seen below (Figure 1).

An update video of the high-volume Zongshen factory can be accessed here, or by clicking
the following link: https://electrameccanica.com/2019-solo. The video showcases the
assembly of the 2019 SOLO EV’s, as well as testing, which includes a bumpy road test,
charging test, three-wheel alignment test, sideslip and steering angle test, headlamp test,
horn sound level test, speedometer and brake force test.

Vehicle production and delivery from the Zongshen factory will ramp up throughout 2019 and
the Company remains on track to commence deliveries of vehicles to customers.

As of December 20, 2018, Electra Meccanica had a total of 64,154 vehicle pre-orders across
all models, representing $2.4 billion in potential sales at the targeted MSRP. These pre­orders consist of 23,030 pre-orders for the SOLO single-passenger electric vehicle, which
has a $15,500 target MSRP, and 41,124 pre-orders for the Tofino two-seat roadster sports
car, which has a $50,000 target MSRP. All retail pre-orders require a refundable deposit
totaling $250 for the SOLO and $1,000 for the Tofino. Dealer pre-orders require a letter of
credit or letters of interest and all orders are non-binding. Reservations can be made at

www.emvauto.com.

“I am very pleased with our team’s progress to date,” said Electra Meccanica COO, Henry
Reisner. “Having driven the 2019 SOLO myself, I’m convinced we have a winning car on our
hands. Now we get to the business of final calibration, initiation of production and delivering
them in significant numbers in 2019 and beyond.”

About Electra Meccanica Vehicles Corp.

Electra Meccanica (NASDAQ: SOLO) is a designer and manufacturer of electric vehicles.
The Company builds the innovative, all-electric SOLO, a single passenger vehicle developed
to revolutionize the way people commute, as well as the Tofino, an elegant high­performance two-seater electric roadster sports car. Both vehicles are tuned for the ultimate
driving experience while making your commute more efficient, cost-effective and
environmentally friendly. Intermeccanica, a subsidiary of Electra Meccanica, has successfully
been building high-end specialty cars for 59 years. For more information, visit

www.electrameccanica.com.

Forward Looking Statements

Some of the statements contained in this press release are forward-looking statements and
information within the meaning of applicable securities laws. Forward-looking statements
and information can be identified by the use of words such as “expects”, “intends”, “is
expected”, “potential”, “suggests” or variations of such words or phrases, or statements that
certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken,
occur or be achieved. Forward-looking statements and information are not historical facts
and are subject to a number of risks and uncertainties beyond the Company’s control. Actual
results and developments are likely to differ, and may differ materially, from those expressed