Name: ElectraMeccanica
Products: Electric vehicles
Manufactured In: China
Where to Buy: Reserve on company website
Website: electrameccanica.com
Canadian Owned: Yes – publicly traded but controlled by the Canadian management team
When’s the last time you heard of a Canadian car company? ElectraMeccanica is based in Vancouver, and about to start mass-producing the Solo, an electric commuter vehicle that sells for under $20K (pre-tax). As of April, they had an order book of $2.4 billion – the total value of orders for the Solo and Tofino (a forthcoming 2-seater roadster) that have been placed.
That’s fantastic. Magna International is also a Canadian car manufacturer. They make cars for Jaguar, Mercedes and BMW. Unfortunately, they build those cars in Austria.
Magnum Cars is a Quebec-based car maker, but they only make niche cars. About 20 per year.