$ELMS News

Last published 4y ago

4y ago.DJI .SPX .IXIC US2Y+55 things to know before the stock market opens MondayCNBCU.S. stock futures sank Monday after the worst week on Wall Street since January.
4y agoELMSEV start-up Electric Last Mile Solutions plans to declare bankruptcy a year after going publicCNBCThe Michigan-based start-up will move to liquidate less than a year after it went public.
4y agoELMSElectric Last Mile Solutions, Inc. Announces Chapter 7 Bankruptcy FilingPR NewswireTROY, Mich., June 12, 2022 /PRNewswire/ -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS) ("ELMS" or "the Company"), a pure-play commercial electric vehicle ("EV") company that has been focused on redefining productivity for the last mile, today annou
4y agoELMSElectric Last Mile Solutions Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-QPR NewswireTROY, Mich., May 24, 2022 /PRNewswire/ -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or the "Company") today announced that it has received a notice from The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company has n
4y agoELMSElectric Last Mile Solutions Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-KPR NewswireTROY, Mich., April 11, 2022 /PRNewswire/ -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or the "Company"), today announced that it has received a notice from The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company ha
4y agoELMS NKLA RIDE LCID+1Electric Last Mile shares plummet to $1 after company confirms SEC probeCNBCThe investigation is the latest problem for the Michigan-based company following unexpected resignations last month of both the company's chairman and CEO.
4y agoRIDE GM FOUN FFIE+7Probes, scandals and executive upheaval continue to tank shares of SPAC-backed EV start-upsCNBCMost EV start-ups that went public through SPAC deals have performed horribly in 2022 – falling by double-digits and trading at or near 52 week lows.
4y agoELMSELMS Alert: Monsey Firm of Wohl & Fruchter LLP Investigating Electric Last Mile Solutions, Inc.GlobeNewswireMONSEY, New York, Feb. 07, 2022 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether Electric Last Mile Solutions, Inc. (NASDAQ:ELMS) ("ELMS") and certain of its top executives have violated federal securities laws. If yo
4y agoELMSLost Money in Electric Last Mile Solutions, Inc.?Business WireGibbs Law Group Investigates Potential Securities Law Violations Shares of Electric Last Mile Solutions plummeted over 23% during after-hours trading on February 1 and another 12% on February 3, 2022, following the company's announcement that its pre
4y agoELMSKirby McInerney LLP Announces an Investigation of Shareholder Claims on Behalf of Electric Last Mile Solutions, Inc. (ELMS) InvestorsBusiness WireThe law firm of Kirby McInerney LLP is investigating potential claims against Electric Last Mile Solutions, Inc. ("Electric Last Mile Solutions" or the "Company") (NASDAQ:ELMS). The investigation concerns whether Electric Last Mile Solutions has violate
4y agoELMSLost Money in Electric Last Mile Solutions, Inc.?Business WireGibbs Law Group Investigates Potential Securities Law Violations Shares of Electric Last Mile Solutions plummeted over 23% during after-hours trading on February 1, 2022, following the company's announcement that its previously issued consolidated fi
4y agoELMSShares of EV start-up Electric Last Mile plummet by more than 50% after CEO, chairman resignCNBCThe resignations follow an internal probe into share purchases made by the cofounders before the start-up went public.
4y agoELMSElectric Last Mile Solutions, Inc. Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the FirmGlobeNewswireBOSTON, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Electric Last Mile Solutions, Inc. (NASDAQ:ELMS) for potential securities law violations. Investors who have lost money in their Electric Last Mile Solutions, Inc. investment sh
4y agoELMS ELMSWElectric Last Mile Solutions Announces Leadership Transition and Financial UpdateGlobeNewswireELMS Board Member Shauna McIntyre Named Interim CEO and President;Brian Krzanich, ELMS Board Member and CEO of CDK Global, to Serve as Non-Executive Chairman of the Board Transition Follows Resignation of CEO and President James Taylor and Chairman Ja
4y agoRIVN RIDE FFIE NIO+7Shares of Rivian and other EV start-ups tank amid stock sell-offCNBCShares of Rivian and other EV start-ups tumbled Monday to 52-week or record lows, as many investors seek safer investments amid a broader market sell-off.
4y agoELMS ELMSWElectric Last Mile Solutions Product and Tech on Display at CESGlobeNewswireELMS showcasing all-electric model line-up of commercial vehicles at CES New Urban Delivery model highlighted in vehicle display Digital Strategy to be presented by Chief Digital Officer TROY, Mich., Jan. 05, 2022 (GLOBE NEWSWIRE) -- Electric
4y agoF GM TSLA RIVN+9From SPACs to chips: Five ways 2021 may have forever changed the auto industryCNBCThe automotive industry may never be the same after 2021, an infamous year that brought massive changes sparked by supply chain issues and the coronavirus.
4y agoELMS ELMSWElectric Last Mile Solutions Announces Product and Tech Exhibit at CESGlobeNewswireELMS to showcase all-electric Urban Delivery and Urban Utility commercial vehicles and its ELMS Air telematics solution CEO James Taylor and ELMS executive leadership on-site to discuss fleet tech solutions and commercial vehicle capabilities T
4y agoELMS ELMSWGlovis Chooses ELMS Urban Delivery for Operations, Plans Urban Utility PilotGlobeNewswireGlovis purchases ELMS Urban Delivery for its industrial campus ELMS Class 3 Urban Utility to be piloted by Glovis for multiple use cases TROY, Mich., Dec. 22, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("E
4y agoELMSElectric Last Mile Solutions Chooses Nauto to Advance Driver Safety for Its Commercial Electric VehiclesPR NewswirePALO ALTO, Calif., Dec. 8, 2021 /PRNewswire/ -- Nauto, a leading provider of AI-based vehicle safety technology for commercial fleets and the automotive sector, announced today it has launched a partnership with Electric Last Mile Solutions, Inc. (NASD
4y agoELMS ELMSWZeeba Selects ELMS for Its First Order of Commercial Electric VehiclesGlobeNewswireELMS finalizes initial Zeeba purchase order for 50 all-electric Urban Delivery vans, with Zeeba's intent to purchase hundreds more in 2022 Zeeba, a market leader in van rentals, plans to add 2,500 all-electric vans by end of 2023 TROY, Mich.,
4y agoELMS ELMSWElectric Last Mile Solutions to Present at Deutsche Bank's 2021 Industrials ConferenceGlobeNewswireTROY, Mich., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or "the Company"), a pioneer of electric and intelligent mobility solutions for commercial vehicle customers, announced that Chief Financia
5y agoELMS ELMSWElectric Last Mile Solutions Appoints Thomas Dono, Jr. as Chief Legal Officer and Corporate SecretaryGlobeNewswireTROY, Mich., Nov. 11, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or "the Company"), a pioneer of electric and intelligent mobility solutions designed for commercial vehicle customers, announced Thomas M.
5y agoELMS ELMSWELMS Announces Third-Quarter 2021 Financial ResultsGlobeNewswireCompleted launch and initial deliveries of the ELMS Urban Delivery, the first Class 1 commercial electric vehicle in the U.S., to become revenue-generating company Secured 6,000-unit order commitment Signed long term agreements for battery and compone
5y agoELMS ELMSWStrong Market Demand Drives Electric Last Mile Solutions to Proceed with Production Plans of Class 3 Urban Utility Commercial EVGlobeNewswireUrban Utility EV approved by Board of Directors as ELMS prepares to enter Class 3 commercial vehicle market in 2022 ELMS expands its total addressable market in North America to $130 billion with Urban Utility TROY, Mich., Nov. 08, 2021 (GLOBE NE
5y agoELMS ELMSW EVGOElectric Last Mile Solutions Announces EVgo as First Partner in Charging Solutions EcosystemGlobeNewswireEVgo first partner in ELMS' plan to build out charging ecosystem catered to various EV fleet customer use cases ELMS and EVgo plan to offer innovative benefits to ELMS vehicle owners charging on EVgo's public network TROY, Mich., Nov. 04, 2021 (G
5y agoELMS ELMSWElectric Last Mile Solutions Pioneers EV Campus Program as Universities Nationwide Seek a Zero Emissions FutureGlobeNewswireELMS EV Campus Program will provide Urban Delivery commercial electric vehicles for pilot use to help universities understand how to reach their ESG and sustainability goals Program will also install telematics devices in existing university fleet to
5y agoELMS ELMSWELMS Sets Date for Third Quarter 2021 Earnings Release and Conference CallGlobeNewswireTROY, Mich., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or "the Company"), a pioneer of electric and intelligent mobility solutions for commercial vehicle customers, announced that it will report
5y agoELMS ELMSWElectric Last Mile Announces Key Hires as It Expands Business Operations and Ramps Up Vehicle ProductionGlobeNewswireTROY, Mich., Oct. 22, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or "the Company"), a pioneer of electric and intelligent mobility solutions for commercial vehicle customers, announced recent key hires ac
5y agoELMS ELMSWElectric Last Mile Solutions Enters Canadian Market, Expanding Its Global FootprintGlobeNewswireDavid MacPhail joins as President of ELMS Canada to lead country operations Canada the latest addition to ELMS' regional hubs, which include Michigan, Indiana, California and China TROY, Mich., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile
5y agoELMS ELMSWElectric Last Mile Solutions Locks in Urban Delivery Battery Supply Through 2025, Plans LocalizationGlobeNewswireELMS and CATL enter agreement that secures battery supply through 2025 for Class 1 Urban Delivery commercial electric vehicle Companies collaborating on potential future localization of electric vehicle batteries TROY, Mich., Oct. 14, 2021 (GLOBE
5y agoELMS ELMSWElectric Last Mile Solutions Announces Opening of Urban Mobility Lab in San Francisco to Develop Advanced Technology Solutions for Fleet CustomersGlobeNewswireNew Urban Mobility Lab will specialize in electric vehicle fleet solutions, including advanced in-vehicle technology, edge-to-cloud architecture and data-intensive applications ELMS location in Bay Area to tap additional hardware and software talent, r
5y agoELMS ELMSWELMS Signs Agreement with Cox Automotive to Deliver Nationwide Service and Support Solutions to its CustomersGlobeNewswireELMS signs agreement with Cox Automotive to provide comprehensive service and support ecosystem for its commercial EV customers, who have begun receiving vehicles Agreement gives ELMS customers access to more than 6,000 service centers, 3,000 partner l
5y agoELMS ELMSWELMS Ships First Urban Delivery EVs to CustomersGlobeNewswireELMS ships first Urban Delivery EVs from its Mishawaka, Indiana production facility Urban Delivery becomes the first commercial Class 1 EV in the U.S. market TROY, Mich., Sept. 29, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASD
5y agoELMS ELMSWELMS Expands Leadership Team with Deputy Chief Financial Officer and Treasurer and Chief Revenue OfficerGlobeNewswireRob Song, Deputy Chief Financial Officer and Treasurer, bringing extensive finance and capital markets experience Ron Feldeisen, Chief Revenue Officer, bringing senior executive Global B2B sales experience TROY, Mich., Sept. 24, 2021 (GLOBE NEW
5y agoELMS ELMSWElectric Last Mile Solutions Secures 1,000 Binding Orders as Start of Production BeginsGlobeNewswireDistribution partner signs binding order for 1,000 units Start of Production commenced on September 20 Urban Delivery poised to become the first commercial Class 1 EV in the U.S. market TROY, Mich., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Electric La
5y agoELMS ELMSWElectric Last Mile Solutions Announces Opening of New Asia Pacific Operations CenterGlobeNewswireTROY, Mich., Sept. 16, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or "the Company"), a pure-play commercial electric vehicle ("EV") company focused on redefining productivity for the last mile, today anno
5y agoELMS ELMSWElectric Last Mile Solutions, Inc. to Participate in Upcoming Investor ConferencesGlobeNewswireTROY, Mich., Sept. 08, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or the "Company"), a pure-play commercial electric vehicle company focused on redefining productivity for the last mile, today announced i
5y agoELMS ELMSWELMS Announces Successful Completion of Next Critical Milestone for Start of ProductionGlobeNewswire- Urban Delivery Vehicle Expected to be First Commercial Class 1 Electric Vehicle in the U.S. - Structural Crash Tests and Engineering Validation Phase Complete TROY, Mich., Sept. 07, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (N
5y agoELMS ELMSWElectric Last Mile Solutions to Reveal Medium Duty, All-Electric Urban Utility VehicleGlobeNewswireTROY, Mich., Aug. 31, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS, ELMSW))) ("ELMS" or "the Company"), a pure-play commercial electric vehicle ("EV") company focused on redefining productivity for the last mile, today annou
5y agoELMS ELMSWELMS Announces Second Quarter 2021 Financial ResultsGlobeNewswireUrban Delivery is on track to be the first Class 1 commercial electric vehicle in the U.S., with start of production confirmed for the third quarter this year. Continued strong demand for the Urban Delivery and actively working to finalize order commit
5y agoELMS ELMSWELMS Sets Production Schedule for 2021GlobeNewswireTROY, Mich., Aug. 09, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ: "ELMS" or "ELMSW") ("ELMS" or "the Company") announced today that based on customer demand and the overall launch program status of the all-electric Urban Delive
5y agoELMS ELMSWELMS Sets Date for Second Quarter 2021 Earnings Release and Conference CallGlobeNewswireTROY, Mich., Aug. 06, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ: "ELMS" or "ELMSW") ("ELMS" or "the Company"), a pure-play commercial electric vehicle ("EV") company focused on redefining productivity for the last mile, today
5y agoELMS ELMSWELMS Provides Key Updates to Suppliers and Partners Ahead of Start of ProductionGlobeNewswireTROY, Mich., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ: "ELMS" or "ELMSW") ("ELMS" or "the Company"), a pure-play commercial electric vehicle ("EV") company focused on redefining productivity for the last mile, today
5y agoELMS ELMSW TTELMS and Thermo King Partner to Build All-Electric Refrigerated Delivery Vehicle PrototypeGlobeNewswireTROY, Mich., July 27, 2021 (GLOBE NEWSWIRE) -- To meet the growing demands for sustainable delivery solutions, Electric Last Mile, Inc. (NASDAQ:ELMS) and Thermo King, a strategic brand of Trane Technologies plc announced plans to build a first-of-its-k
5y agoELMS ELMSWELMS Files Patent Application for Class 1 Commercial EV Frontal Impact-Absorption Design, Preliminary Vehicle Crash Testing Yields Positive ResultsGlobeNewswireDesign in the patent application a part of ELMS' proprietary EV crash protection system. Preliminary testing incorporating the ELMS-designed energy-absorbing front bumper system with innovative honeycomb structure yields positive results. TROY, Mic
5y agoELMSUniversity of Notre Dame Begins Pilot of ELMS All-Electric Urban Delivery to Advance Sustainability GoalsGlobeNewswireTROY, Mich., July 20, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. ("ELMS" or "the Company") today announced that the University of Notre Dame ("Notre Dame") has begun a pilot of the ELMS all-electric Urban Delivery for use on the univer
5y agoELMSElectric Last Mile Solutions to Ring the Opening Bell at NasdaqGlobeNewswireTROY, Mich., July 12, 2021 (GLOBE NEWSWIRE) -- Electric Last Mile Solutions, Inc. (NASDAQ:ELMS) ("ELMS" or "the Company"), a pure-play commercial EV company focused on redefining productivity for the last mile, today announced that the Company's manage
5y agoELMSElectric Last Mile Solutions Announces Long-Term Supply Agreement with Wuling MotorsGlobeNewswireBinding agreement with prominent manufacturer expands supply base and provides access to market-proven electric vehicle (EV) component systems and parts for the ELMS Urban Delivery all-electric cargo van. Segment-defining ELMS Urban Delivery anticipate
5y agoOMEG 5304.T-JP SECN-GB GOEV+8Electric vehicle SPACs try to prove their worth to Wall Street as shares fallCNBCCanoo and Lordstown Motors recently held in-person investor days to tout their technology following executive shake-ups, inquires by the SEC and share drops.