Electric Last Mile Solutions, I (ELMSW) Stock Price, News & Analysis

Company Overview

Electric Last Mile Solutions, Inc. (NASDAQ: ELMSW) is an American electric commercial vehicle manufacturer focused on designing, developing and producing battery-electric vehicles for last-mile delivery applications. The company’s mission is to provide purpose-built, low-emission vans and chassis cabs equipped with integrated battery systems and telematics solutions, enabling fleet operators to accelerate their transition to zero-emission logistics.

ELMS’s flagship product, the ELMS One, is a Class 1 chassis cab available in multiple wheelbase and battery configurations. The vehicle is engineered for durability in urban and suburban routes, offering modular cargo and telematics packages to meet the needs of parcel carriers, retail distributors and service fleets. Production is carried out at the company’s manufacturing facility in Mishawaka, Indiana, which combines in-house assembly with strategic supplier partnerships to streamline scale-up.

Founded in 2020 and headquartered in Newark, California, Electric Last Mile Solutions completed a business combination with a special-purpose acquisition company in 2021 to accelerate its market entry. Since then, the company has undertaken prototype validation, secured letters of intent from leading fleet operators and built a network of service centers and charging partners to support commercial deployments across the United States.

ELMS is led by a management team with automotive engineering and technology backgrounds, supported by a board with experience in electrification and supply-chain operations. Targeting the fast-growing North American last-mile segment, the company aims to expand its vehicle lineup and manufacturing capacity while exploring partnerships for future international rollouts.

Key Stats

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• Average Volume: 75,897 shs
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Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Motor Vehicles & Passenger Car Bodies
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NASDAQ:ELMSW
• CIK: 1784168
• Web: electriclastmile.com
• Phone: (888) 825-9111
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• Employees: 2
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Profitability

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