# EDGAR Filing Document

**Accession Number:** 0001637736
**File Stem:** 0001104659-23-023337
**Filing Date:** 2023-2
**Character Count:** 14827
**Document Hash:** 79d67bd74c90b49bc2c9ff0f6e890645
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-023337.hdr.sgml**: 20230217

**ACCESSION NUMBER**: 0001104659-23-023337

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230217

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230217

**DATE AS OF CHANGE**: 20230217

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ELECTRAMECCANICA VEHICLES CORP.
- **CENTRAL INDEX KEY:** 0001637736
- **STANDARD INDUSTRIAL CLASSIFICATION:** MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38612
- **FILM NUMBER:** 23643715

**BUSINESS ADDRESS:**
- **STREET 1:** 8057 NORTH FRASER WAY
- **CITY:** BURNABY
- **STATE:** A1
- **ZIP:** V5J 5M8
- **BUSINESS PHONE:** 604-428-7656

**MAIL ADDRESS:**
- **STREET 1:** 8057 NORTH FRASER WAY
- **CITY:** BURNABY
- **STATE:** A1
- **ZIP:** V5J 5M8

?xml version="1.0" encoding="utf-8"?

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549**

**<u>FORM 8-K</u>**

**CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**<u>February 17, 2023</u>** Date of Report (Date of earliest event reported)

**<u>ELECTRAMECCANICA VEHICLES CORP.</u>** (Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**<u>British Columbia, Canada</u>** | &nbsp;&nbsp;**<u>001-38612</u>** | &nbsp;&nbsp;**<u>98-1485035</u>** |
| &nbsp;&nbsp;(State or other jurisdiction of incorporation) | &nbsp;&nbsp;(Commission File Number) | &nbsp;&nbsp;(IRS Employer Identification No.) |

---

---

| | |
|:---|:---|
| **8057 North Fraser Way<u><br> Burnaby, British Columbia, Canada</u>** | **<u><br> V5J 5M8</u>** |
| (Address of principal executive offices) | (Zip Code) |

---

**<u>(604) 428-7656</u>** Registrant's telephone number, including area code

**<u>Not applicable.</u>** (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

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| | |
|:---|:---|
| ◻ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ◻ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ◻ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ◻ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |

---

Securities registered pursuant to Section 12(b) of the Act:

Title of each class <u>Trading Symbol (s)</u> <u>Name of each exchange on which registered</u> <br> <u>Common Stock</u> <u>SOLO</u> <u>The Nasdaq Stock Market LLC</u>

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (Section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Section 240.12b-2 of this chapter).

Emerging growth company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

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| | |
|:---|:---|
| **Item 7.01** | **Regulation FD Disclosure** |

---

*News Release*

 

On February 17, 2023, ElectraMeccanica Vehicles Corp. (the "Company" or "ElectraMeccanica") issued a news release announcing that it will voluntarily recall approximately 428 SOLO (G3) vehicles, model years 2021, 2022 and 2023.

While driving, the vehicle may experience a loss of propulsion. An instrument cluster warning light illuminates, and the driver will experience a loss of power as the vehicle decelerates as if removing their foot from the accelerator pedal. Steering, braking, and lighting systems are not impacted. The vehicle can be restarted after a short period of time. In the event of sudden loss of propulsion, the vehicle maintains all other critical functionality including power steering, braking, and lighting, and in most instances allows the driver to pull over. However, due to the unexpected loss of propulsion, there may be an increased risk of crash, albeit the Company has not received any reports of injuries or crashes.

For more information please visit: <u>https://ir.emvauto.com/emotion/blog-details/2023/Prioritizing-Quality-and-Safety/default.aspx</u>

A copy of the news release is attached as Exhibit 99.1 hereto.

*CEO Letter*

With the news release is linked a letter from the Company's Chief Executive Officer (the 'CEO), which CEO letter provides as follows:

"At ElectraMeccanica, safety and quality are a top priority. That is why today we have announced a voluntary recall of the SOLO (G3) vehicle.

Protecting our customers and their ability to drive our unique EV both safely and enjoyably is of importance to us. That is why, out of an abundance of caution, we have also paused deliveries and sales of the SOLO while we investigate this issue.

Specifically, while driving, the vehicle may experience a loss of propulsion. An instrument cluster warning light illuminates, and the driver will experience a loss of power as the vehicle decelerates as if removing their foot from the accelerator pedal. Steering, braking, and lighting systems are not impacted. The vehicle can be restarted after a short period of time. In the event of sudden loss of propulsion, the vehicle maintains all other critical functionality including power steering, braking, and lighting, and in most instances allows the driver to pull over. However, due to the unexpected loss of propulsion, there may be an increased risk of crash, albeit the Company has not received any reports of injuries or crashes.

We urge any customers who have questions or notice any issues whatsoever to contact our Customer Service Line at 1-888-457-SOLO (7656) when prompted select "1" and select "1" again; or email at service@electrameccanica.com."

A copy of the Company's CEO letter is attached as Exhibit 99.2 hereto.

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| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits** |

---

**(d) Exhibits**

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| | |
|:---|:---|
| **Exhibit** | **Description** |
| [99.1](tm237308d1_ex99-1.htm) | [News Release dated February 17, 2023.](tm237308d1_ex99-1.htm) |
| [99.2](tm237308d1_ex99-2.htm) | [CEO letter dated February 17, 2023.](tm237308d1_ex99-2.htm) |
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document). |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **ELECTRAMECCANICA VEHICLES CORP.** | **ELECTRAMECCANICA VEHICLES CORP.** |
| **DATE: February 17, 2023.** | By: | */s/ Mark Orsmond* |
|  |  | **Mark Orsmond** |
|  |  | **Chief Financial Officer** |

---

## Exhibit 99.1

**Exhibit 99.1**

**ELECTRAMECCANICA ANNOUNCES VOLUNTARY RECALL**

MESA, AZ –(BUSINESSWIRE)–ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today announced it will voluntarily recall approximately 428 SOLO (G3) vehicles, model years 2021, 2022 and 2023.

While driving, the vehicle may experience a loss of propulsion. An instrument cluster warning light illuminates, and the driver will experience a loss of power as the vehicle decelerates as if removing their foot from the accelerator pedal. Steering, braking, and lighting systems are not impacted. The vehicle can be restarted after a short period of time. In the event of sudden loss of propulsion, the vehicle maintains all other critical functionality including power steering, braking, and lighting, and in most instances allows the driver to pull over. However, due to the unexpected loss of propulsion, there may be an increased risk of crash, albeit the Company has not received any reports of injuries or crashes.

For more information please visit: <u>https://ir.emvauto.com/emotion/blog-details/2023/Prioritizing-Quality-and-Safety/default.aspx</u>

**About ElectraMeccanica Vehicles Corp.**

ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). The company's flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. Depending on driving conditions, temperature and climate controls, the SOLO has a range of up to 100 miles and a top speed of up to 80 mph. The SOLO also features 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. The SOLO is currently available for order here. For more information, please visit www.emvauto.com.

**Safe Harbor Statement**

Except for the statements of historical fact contained herein, the information presented in this news release and oral statements made from time to time by representatives of the Company are or may constitute "forward-looking statements" as such term is used in applicable United States and Canadian laws and including, without limitation, within the meaning of the Private Securities Litigation Reform Act of 1995, for which the Company claims the protection of the safe harbor for forward-looking statements. 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 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 of the automotive industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities or claims limitations on insurance coverage. 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. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond the Company's ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. 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. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

**Contacts:**

**Patrick Pharris<br> Patrick@PharrisMedia.com**<br> **(702) 491-7464**

## Exhibit 99.2

**Exhibit 99.2**

**Prioritizing Quality and Safety**

At ElectraMeccanica, safety and quality are a top priority. That is why today we have announced a voluntary recall of the SOLO (G3) vehicle.

Protecting our customers and their ability to drive our unique EV both safely and enjoyably is of importance to us. That is why, out of an abundance of caution, we have also paused deliveries and sales of the SOLO while we investigate this issue.

Specifically, while driving, the vehicle may experience a loss of propulsion. An instrument cluster warning light illuminates, and the driver will experience a loss of power as the vehicle decelerates as if removing their foot from the accelerator pedal. Steering, braking, and lighting systems are not impacted. The vehicle can be restarted after a short period of time. In the event of sudden loss of propulsion, the vehicle maintains all other critical functionality including power steering, braking, and lighting, and in most instances allows the driver to pull over. However, due to the unexpected loss of propulsion, there may be an increased risk of crash, albeit the Company has not received any reports of injuries or crashes.

We urge any customers who have questions or notice any issues whatsoever to contact our Customer Service Line at 1-888-457-SOLO (7656) when prompted select "1" and select "1" again; or email at service@electrameccanica.com

Sincerely

Susan E. Docherty, ElectraMeccanica CEO, interim COO and Board Member