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Completed 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 components supply and nat...
Rivian Automotive (NASDAQ:RIVN) is down about 6% from where it started trading earlier today, but is still about 28% higher than the IPO pricing level. Shares of Rivian have ranged from $95.20 to $119.44 on high volume and the stock had a market cap of over $100B for a brief time before settl...
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Despite the ongoing global semiconductor chip shortage, government initiatives have helped the electric vehicle (EV) industry generate record sales in the third quarter. And because increasing investments are being made to address the chip shortage and ramp-up EV production, Wall Street expec...
Urban 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 NEWSWIRE) -- Electr...
Another huge week is setting up in the electric vehicle sector with Rivian Automotive (RIVN) planning to go public with a valuation that could reach $65B and Embark Trucks (NYSE:NGAB) set to close on its SPAC deal to join TuSimple (NASDAQ:TSP) and Aurora Innovation (NASDAQ:AUR) in the self-dr...
EVgo 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 (GLOBE NEWS...
Global electric car sales for Sept. 2021 - Up 98% YoY, a record 10.2% share. China sales up 171% YoY to 20% share. Europe sales up 42% YoY to 23% share. EV market news - UK car sales plunge but EVs soar to record amid fuel crisis. UK boosts support for EVs. China's EV sales expected t...
ELMS 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 gather and analyze dat...
TROY, 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 its third q...
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The ELMS Assets Expand Mullen’s Manufacturing Capacity, and With the Previous Bollinger Acquisition, Product Introductions to Market Will be Accelerated, Placing Mullen in a Unique Competitive Position Brea, CA - ( NewMediaWire ) - December 01, 2022 - Mullen Automoti...
Existing Shareholders Invest $150 Million to Accelerate Production and Delivery of EVs Brea, CA - ( NewMediaWire ) - November 17, 2022 - Mullen Automotive, Inc . (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric...