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

Company Overview

Electric Last Mile Solutions, Inc. (NASDAQ: ELMSW) was a U.S.-based electric vehicle company focused on developing and commercializing battery-powered commercial vehicles. Its product strategy targeted last-mile delivery, fleet, logistics and utility customers seeking alternatives to conventional gasoline-powered vehicles.

The company’s primary products included the ELMS Urban Delivery, an all-electric Class 1 commercial delivery van, and the Urban Utility vehicle, which was designed for commercial and municipal applications. ELMS was headquartered in Troy, Michigan, and initially operated with a focus on the North American commercial vehicle market.

Electric Last Mile Solutions became a publicly traded company in 2021 following a business combination with Forum Merger III Corporation. The company later experienced operational and corporate difficulties, ceased operations and filed for Chapter 7 bankruptcy protection in 2022. As a result, ELMS is no longer an operating electric vehicle manufacturer.

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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