A New, But Familiar, EMV

Dear shareholders:

I wanted to take this opportunity to express my appreciation for your enthusiasm about our announcement a little over a week ago about our proposed merger agreement with Tevva. I also wanted to post directly here to our merger microsite in order to kick off our new Features & Updates section. In addition to the evergreen information about the transaction that’s on the rest of the site, we want to give shareholders a place to easily find fresh insights and commentary from our team about the proposed combination. There’s a lot to say, and a lot to discover – and that’s good news because I know from the inbound inquiries that all of you have a lot of questions. Here, as well as on social and via email, is where we can address many of them at least a few times a week. So please, reach out and if you haven’t already, sign up for updates on our microsite!

Meanwhile, I also think it’s useful to consider the broader perspective offered in some of the many news articles that have appeared since last week. At EMV, we have full confidence that Tevva is the right partner, at the right time – and so it was gratifying to see, generally, that third parties in a wide variety of outlets seem to agree and have a good sense of the journey all of us are on, together, as shareholders, to improve the value of the business – including TechCrunch, The American Journal of Transportation, Yahoo! Finance, ABC15 Arizona, FreightWaves, Automotive World, and more. 

We look forward to exploring the many exciting aspects of Tevva’s business, and how it accelerates our ability to bring ingenious, needed electric vehicles to market. Stay tuned – and don’t hesitate to reach out to ir@emvauto.com with questions.

Until next time!

Susan E. Docherty, ElectraMeccanica CEO and Board Member.