ELMS News and Press, Electric Last Mile Solutions Inc Cl A From 06/15/22

Beleaguered EV company Electric Last Mile Solutions (NASDAQ:ELMS) filed for bankruptcy on Tuesday evening, ending its short-lived stint as a public company.  Per an SEC filing submitted late on Tuesday, the company and its subsidiary have submitted petitions for Chapter 7 protection. Add...

The electric vehicle sector was hammered on Monday along with the rest of the stock market. Investor anxiety over the prospect of higher interest rates and a potential prolonged economic downturn piled on negative sentiment from early in the day when Electric Last Mile Solutions (NASDAQ:ELMS)...

Electric Last Mile Solutions (NASDAQ:ELMS) plunged 51% in premarket trade after it announced plans to file for Chapter 7 bankruptcy after the board and the new hired leadership team in February 2022 reviewed its products and commercialization plans. The review included assessin...

The Electric Last Mile Solutions (NASDAQ: ELMS) stock price is set to crash to zero after the company filed to go bankrupt. The stock ended the week at $0.51, which was about 96% below its all-time high. Its market cap closed the week at about $62 million. At its peak, the company was v...

Electric Last Mile Solutions, Inc. Announces Chapter 7 Bankruptcy Filing PR Newswire TROY, Mich. , June 12, 2022 /PRNewswire/ -- Electric Last Mile Solutions, Inc. (NASDAQ: ELMS) ("ELMS" or "the Company"), a pure-play commercial electric vehicle ("EV") co...

Global electric car sales April 2022 - Up 38% YoY, reaching 10.2% share. China sales up 61% YoY to 29% share. Europe sales were down 1% YoY to 19% share. EV market news - Q1 2022 EV sales limited by supply. IEA: Global EV sales strong in 2022. Global tipping point, 52% of car buyers w...

Some electric vehicle startup stocks are seeing selling pressure after Elon Musk warned of jobs cuts and a hiring freeze at Tesla (TSLA) due his "super bad" feeling on the economy Notable decliners in Friday morning trading included Lucid Group (LCID) -6.09%, Lordstown Motors (RIDE) -5.9...

Electric Last Mile Solutions Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q PR Newswire TROY, Mich. , May 24, 2022 /PRNewswire/ -- Electric Last Mile Solutions, Inc. (Nasdaq: ELMS; ELMSW) ("ELMS" or the "Com...

Global electric car sales March 2022 - Up 60% YoY reaching 15% share. China sales up 118% YoY to 26% share. Europe sales were up 10% YoY to 22% share. EV market news - Biden invokes Defense Production Act to boost EV battery production. Electric car sales soar despite ballooning batte...

The electric vehicle sector saw big declines on Tuesday amid a battering of tech stocks and high-growth names in general with supply chain worries in China and valuation resets back on the front burner with investors. The down day was headlined by Tesla (NASDAQ:TSLA -10.6%) sliding to a new e...