ELECTRA MECCANICA GEARS UP TO OPEN SOLO INTRO STORES AND DEALERSHIPS AROUND THE WORLD, APPOINTS MARK WEST AS PRESIDENT

ELECTRA MECCANICA GEARS UP TO OPEN SOLO INTRO STORES AND

DEALERSHIPS AROUND THE WORLD, APPOINTS MARK WEST AS PRESIDENT

Vancouver, British Columbia – January 9, 2017 – Electra Meccanica Vehicles Corp., (“EMV” or ‘the Company”), a Canadian-based designer and manufacturer of the SOLO, an all-electric single passenger vehicle developed to revolutionize the way people commute, announces the appointment of Mr. Mark West as President of the Company. In this capacity, Mr. West will focus on developing the strategic direction of EMV’s dealership and sales operations, with a vision to expand SOLO Intro Stores and Dealerships worldwide.

Mr. West made his mark in the highly competitive food and beverage industry over the past 25 years culminating as President of Blenz Coffee. He oversaw the growth of the coffee chain from ten stores in British Columbia to over 70 stores in Canada and Asia, and successfully built the Blenz brand in BC, Alberta, Japan and the Philippines by developing a highly successful franchise program.

“Mark brings a wealth of experience in strategic planning, franchise development, sales, marketing and operations”, remarked Jerry Kroll, Founder and CEO of Electra Meccanica. “Based on his collaborative leadership style and extensive knowledge of franchise models, Mark will contribute to our Company’s success by developing our brand and establishing Electra Meccanica dealerships around the world”.

Mr. West said, “As an automotive enthusiast, I am excited to join the team at EMV. I am passionate about the environment and I see the SOLO as a welcomed entrant to the electric vehicle space. We have a unique and innovative commuter vehicle at a price point that will have mass appeal. With upcoming SOLO production and deliveries, I invite all interested parties to explore a SOLO dealership in this rapidly expanding business.”

More information on the SOLO and how to become an Electra Meccanica car dealer can be found at https://electrameccanica.com. Interact with ElectraMeccanica at facebook.com/EMVsolo@ElectraMecc and view videos on YouTube at http://bit.ly/2bigEaF.

About Electra Meccanica Vehicles Corp.

Electra Meccanica strives to be the driving force behind sustainable transport by creating the compelling mass market, all-electric SOLO. The vehicle will make the urban commute more efficient, cost-effective and environmentally friendly. The SOLO’s futuristic design is powered by a 16.1 kWhs lithium ion battery and the drive system is tuned for higher speed and mobility. With a range of 160kms (100 miles), and a top speed of 130kms/h (80 mph), the SOLO delivers superior performance and spirited driving.

CONTACT INFORMATION

Jeff Holland
Head of Media Relations
Tel. 562-640-1758
Email: JeffHolland@electrameccanica.com

Alexia Helgason
Director, Investor Relations
Tel. 604-728-4407
Email: alexia@electrameccanica.com

Electra Meccanica Vehicles Corp.
102 East First Avenue
Vancouver, BC Canada V5T 1A4

Safe Harbour Statement

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 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 other 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 “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) 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 actual results of activities, variations in the underlying assumptions associated with the estimation of activities, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks.  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.  There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release.  The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

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