Electrameccanica Vehicles's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Electrameccanica Vehicles (SOLO) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Electrameccanica Vehicles vs Its Competitors
- TTM: Trailing 12-month revenue of 1M vs 734,327M combined for tracked competitors (0.0% combined share).
- Peer differentiation: Revenue per employee of $0.02M compares with $0.86M for the peer group (0.0x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
Electrameccanica Vehicles vs. its Competitors, Q4 2023
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Electrameccanica Vehicles and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Electrameccanica Vehicles Corp | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (5) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Electrameccanica Vehicles's competitor groups requires a Commercial License.
Electrameccanica Vehicles's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Electrameccanica Vehicles Corp | No | - | - | Yes |
| Competitors combined (17) | ||||
| High-Confidence Competitors (5) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
SOLO Stock Performance relative to its Competitors
SOLO Stock Performance relative to High-Confidence Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Rev Group Inc | 282.9% | Outperformed |
| 2 | General Motors Company | 282.9% | Outperformed |
| 3 | Paccar Inc | 282.9% | Outperformed |
| 4 | Ford Motor Co | 282.9% | Outperformed |
| 5 | Spruce Power Holding Corporation | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Electrameccanica Vehicles's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Electrameccanica Vehicles's Comment on Competition and Industry Peers
Publicly Traded Peers of Electrameccanica Vehicles Corp
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Electrameccanica Vehicles Corp | 12.38 | 0.57 |
| Tesla Inc | 1,265,373.00 | 103,619.00 |
| Honda Motor Co Ltd | 151,773.25 | 142,458.01 |
| General Motors Company | 73,382.40 | 185,527.00 |
| Paccar Inc | 58,906.54 | 42,289.70 |
| Ford Motor Co | 50,398.98 | 191,465.00 |
| SUBTOTAL | 1,678,130.26 | 1,195,012.39 |
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Sources: Electrameccanica Vehicles Corp's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Electrameccanica Vehicles Corp versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Electrameccanica Vehicles's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Faraday Future | Named by the company | 85% |
| Tesla | Named by the company | 85% |
| Nio | Named by the company | 85% |
| Fisker | Named by the company | 85% |
| xPeng | Named by the company | 85% |
| Chevrolet | Named by the company | 85% |
| Nissan | Named by the company | 85% |
| Li Auto | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Electrameccanica Vehicles's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Electrameccanica Vehicles's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Tesla Inc | Automotive 88.88 % |
| General Motors Company | GM North America 83.10 % |
| Paccar Inc | Truck Subsegment 69.61 % |
| Ford Motor Co | Ford Blue 51.38 % |
| Rivian Automotive Inc | Automotive 65.75 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
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Electrameccanica Vehicles's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Electrameccanica Vehicles Corp | 12 | 18,951 | -2,108,773 |
| Tesla Inc | 1,265,373 | 768,772 | 28,668 |
| Honda Motor Co Ltd | 151,773 | 730,580 | 30,418 |
| General Motors Company | 73,382 | 1,189,276 | 13,410 |
| Paccar Inc | 58,907 | 1,632,807 | 141,166 |
| Ford Motor Co | 50,399 | 1,132,929 | -36,000 |
| PEERS TOTAL | 1,678,118 | 861,677 | 3,732 |
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Electrameccanica Vehicles's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Tesla Inc | United States 46.78 % |
| Federal Signal Corporation | United States 80.16 % |
| Rev Group Inc | Rest of World 0.06 % |
| Shyft Group Inc | US 99.63 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Electrameccanica Vehicles's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the EV, Auto & Truck Manufacturers industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (36 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | -43.61 % | 7.74 % (avg) | -51.3 pp |
| Operating Margin | -2,548.62 % | industry median | -2,513.1 pp |
| EBITDA Margin | -2,508.48 % | -10.52 % (avg) | -2,498.0 pp |
| Capital Intensity (Capex / Revenue) | - | 10.58 % (avg) | - |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Electrameccanica Vehicles's Valuation vs Competitive Position
Valuation multiples vs the EV, Auto & Truck Manufacturers industry average (36 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 28.1x | - |
| EV / EBITDA | - | 22.2x | - |
| P/B | 0.4x | 3.9x | -3.5x |
| Return on Equity | -60.81 % | industry aggregate | -73.37 % |
| Return on Invested Capital | -26.74 % | 2.15 % (avg) | -28.89 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Electrameccanica Vehicles's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue Growth | - | 253.50 % | 253.50 % | - | - |
| Operating Margin | 3,520.72 % | -2,893.97 % | -2,893.97 % | - | -2,548.62 % |
| Return on Invested Capital | 59.57 % | -12.45 % | -12.45 % | - | -26.74 % |
| P/E | - | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Electrameccanica Vehicles's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Electrameccanica Vehicles falls in the Low attractiveness / Low strength cell: Harvest / Divest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Electrameccanica Vehicles's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Operating margin 2,513.1 points below the industry median.
- Return on equity 73.4 points below the industry aggregate.
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
- A meaningful share of tracked competitors (43.80 %) show financial-distress signals, a possible opening to gain share.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Electrameccanica Vehicles's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Electrameccanica Vehicles Corp | 8.13 | 30.48 | - |
| Tesla Inc | 0.50 | 2.05 | 0.03 |
| Honda Motor Co Ltd | 0.53 | 1.36 | 0.76 |
| General Motors Company | 0.23 | 1.17 | 0.62 |
| Paccar Inc | 0.95 | 4.41 | 0.60 |
| Ford Motor Co | 0.20 | 1.10 | 0.50 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Electrameccanica Vehicles's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Electrameccanica Vehicles Corp | Q4 2023 | -6.0 % | - |
| Tesla Inc | Q2 2026 | +25.5 % | -5.2 % |
| Honda Motor Co Ltd | Q1 2024 | +1.9 % | -26.7 % |
| General Motors Company | Q2 2026 | +1.9 % | -28.5 % |
| Paccar Inc | Q2 2026 | +3,105.9 % | +1,965.9 % |
| Ford Motor Co | Q1 2026 | +7.2 % | +439.3 % |
| PEERS TOTAL | +2.7 % | -78.5 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Electrameccanica Vehicles's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Electrameccanica Vehicles Corp | Q4 2023 | +63.7 % | -62.1 % |
| Tesla Inc | Q2 2026 | +26.1 % | +142.1 % |
| Honda Motor Co Ltd | Q1 2024 | +4.5 % | +40.7 % |
| General Motors Company | Q2 2026 | - | -9.1 % |
| Paccar Inc | Q2 2026 | +35,548.8 % | +2,698.6 % |
| Ford Motor Co | Q1 2026 | +0.4 % | +30.7 % |
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Electrameccanica Vehicles's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Electrameccanica Vehicles Corp | - | - | - |
| Tesla Inc | 2.74% | 3.60% | 4.63% |
| Honda Motor Co Ltd | 2.89% | 4.01% | 7.04% |
| General Motors Company | 0.74% | 1.10% | 3.22% |
| Paccar Inc | 10.02% | 12.06% | 23.80% |
| Ford Motor Co | - | - | - |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Electrameccanica Vehicles's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Electrameccanica Vehicles Corp | - | 21.78 |
| Tesla Inc | 330.97 | 12.21 |
| Honda Motor Co Ltd | 27.53 | 1.07 |
| General Motors Company | 46.61 | 0.40 |
| Paccar Inc | 23.46 | 1.39 |
| Ford Motor Co | - | 0.26 |
| PEERS AVERAGE | 328.24 | 1.40 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.