Automotive industry

ElectraMeccanica Vehicles Corp Announces Appointment of Global Automotive Industry Veteran Michael Richardson to Board of Directors

The company noted that Richardson is an accomplished automotive executive with nearly 50 years of global experience, guiding business strategy and creating customer solutions.

ElectraMeccanica (NASDAQ: SOLO) Vehicles Corp has announced the appointment of Michael Richardson, a veteran of the global automotive industry, to its board of directors, effective immediately.

The company noted that Richardson is an accomplished automotive executive with nearly 50 years of global experience, guiding business strategy and creating customer solutions.

Most recently, Richardson served as Interim CEO of Dura Automotive, where he was responsible for implementing several strategic and urgent initiatives during the global pandemic. He is currently an independent director on the board of directors of Dura and Shape Corporation.

“We are privileged to welcome Michael to the board as an independent director, as he brings valuable automotive industry experience and insight into management, branding and growth strategy,” Kevin Pavlov, CEO of ElectraMeccanica said in a statement.

READ: ElectraMeccanica Vehicles ends third quarter with $ 229 million in the bank as it prepares to ramp up SOLO production

Pavlov added, “Michael joins us at an opportune time with his first-hand knowledge of advancing capabilities in vehicle electrification and product development, as well as leading global brands through strategic growth initiatives. In addition, his knowledge of corporate strategy, mergers and acquisitions and strategic alliances will support our global expansion strategies. We believe Michael will help us increase the breadth and depth of our reach as a company, positioning us to continue to create long-term value for our shareholders. “

Richardson’s career has spanned key positions at General Motors, Delphi Corporation and Nexteer Automotive, holding several positions within the multi-billion dollar global leadership and transmission operations, with a focus on steering systems development. electrics, steering columns, transmission systems as well as advanced driver assistance systems (ADAS) and key technologies allowing reliable range of the vehicle.

He started in 1974 as a cooperative student in the former Saginaw steering gear division of General Motors and was eventually appointed executive director of the board of directors and chairman of Nexteer, where he was responsible for the creation of its global product portfolio, the expansion of the customers served and the industry delivery. growth in mind. Richardson holds a bachelor’s degree in mechanical engineering from the University of Kettering and a master’s degree in business administration.

Richardson commented, “ElectraMeccanica has reached a key inflection point in its evolution, and I am honored to offer my perspective as the company focuses from product development to production scale-up to meet the demand for its SOLO EV. I look forward to working alongside Kevin and the rest of the board to build his vision of delivering exciting and unique driving experiences that are both affordable and environmentally friendly.

ElectraMeccanica is a Canadian designer and manufacturer of fuel-efficient electric vehicles (EVs). The company’s flagship vehicle is the innovative, purpose-built single-seater electric vehicle called SOLO.

This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. Designed for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. The SOLO has a range of 100 miles and a top speed of 80 mph, which makes it safe for freeways.

The SOLO also includes front and rear crumple zones, side impact protection, roll bar, torque limiting control as well as power steering, power brakes, air conditioning and a Bluetooth entertainment system. It combines a modern look with safety features at an affordable price of $ 18,500. The SOLO is currently available for pre-order.

InterMeccanica, a subsidiary of ElectraMeccanica, has been successfully building high-end special cars for 61 years.

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