Canada's cut-price answer to Tesla just officially opened its factory in China

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Canada's cut-price answer to Tesla just officially opened its factory in China
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The single-seater has a retail price of just $15,500.

Electra Meccanica

The"SOLO EV" has a 100-mile range and a retail price of $15,500. The three-wheeler can be charged at a regular household socket in under 6 hours. Electra said in a statement Monday that it expects to produce approximately 50 SOLO EVs in the quarter ended March 31, 2019 before accelerating to a total of 5,000 cars by year-end.

The company is also developing the Tofino, a two-seater electric roadster sports car and in November 2018, the company said total vehicle pre-orders exceeded 64,000 units, representing $2.4 billion in potential sales. The majority of these orders were for the as-yet unbuilt Torfino.

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