| Founded | 2015 |
|---|---|
| Closed | 2023 |
| Country | Canada |
| Sector | Mobility |
| Total raised | $140M (NASDAQ public markets, 2020–2022) |
| Collapse type | Slow Death |
| Founder | Jerry Kroll |
Electra Meccanica Vehicles
"Canadian single-seat EV maker listed on NASDAQ raised $140M to commercialise the three-wheeled Solo EV—then shut down production in 2023 having sold fewer than 500 vehicles."
Years-long decline before final shutdown
Key Events Timeline
Electra Meccanica was founded in Vancouver in 2015 to develop the Solo, a single-seat three-wheeled electric vehicle targeting urban commuters.
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