FIII - Electric Last Mile - An Undervalued Electric Vehicle SPAC
- Electric Last Mile Solutions, set to merge with SPAC Forum Merger III Corp (FIII), is the most compelling Electric Vehicle (EV) investment opportunity in the market right now;
- Electric Last Mile Solutions (ELMS) will use an 675,000 square foot manufacturing plant in Indiana that formerly produced Hummers to build their commercial delivery and utility EVs.
- They have a production-ready vehicle, with 30,000 of them already on the road globally.
- ELMS also has 30,000 pre-orders in hand from some of the largest companies in the U.S., lining up for ELMS' U.S. made all-electric urban delivery vehicle that can be purchased for the same price as the current gas-powered leader, with a total cost of ownership that is 35% LESS.
- ELMS will be first-to-market in the U.S. with a Class 1 delivery EV, just as explosive demand for EVs is predicted in the commercial last-mile delivery space that ELMS is targeting.
For further details see:
Electric Last Mile - An Undervalued Electric Vehicle SPAC