Electric Last Mile Offered Incentives by the Indiana Economic Development Corporation for Local Manufacturing

AUBURN HILLS, Mich.--(BUSINESS WIRE)--Electric Last Mile, Inc. (ELMS) is pleased to announce that the Indiana Economic Development Corporation (IEDC), which leads the state’s economic development efforts, has offered ELMS a series of conditional tax credits and training grants based on its plans to create new jobs in Mishawaka, Indiana. ELMS previously announced plans to establish operations in Indiana and launch production of its commercial electric vehicles at the former AM General and Hummer plant in Mishawaka, subject to the completion of ELMS’s proposed business combination with Forum Merger III Corporation (NASDAQ: FIII).