ElectraMeccanica, the maker of the tiny three-wheeled Solo electric vehicle, will merge with UK-based truck manufacturer Tevva in a bid to grow their combined market share for electric trucks, the companies said Tuesday.
The merger represents a pivot for ElectraMeccanica, which struggled to produce its small electric vehicle profitably. After a recall in February, ElectraMeccanica was forced to discontinue the Solo vehicle. By focusing on medium- and heavy-duty commercial electric trucks, a fast-growing segment in the global EV market, the company will be able to keep some of its operations al
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