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Despite short-term challenges, the electric vehicle industry’s growth prospects look promising thanks to increasing demand and favorable government policies to phase out fossil fuel-run vehicles. Given this backdrop, Wall Street analysts expect low-priced EV stocks Electric Last Mile (...
Gainers: Clear Channel Outdoor (NYSE:CCO) +8%. Yield10 Bioscience (NASDAQ:YTEN) +7%. Blade Air Mobility (NASDAQ:BLDE) +5%. Electric Last Mile Solutions (NASDAQ:ELMS) +5%. Garrett Motion (NASDAQ:GTX) +7%. Losers: Intevac (NASDAQ:IVAC) -9%. RADA Electronic (NASDAQ:RADA) -9%. Triumph Group ...
Electric Last Mile Solutions Chooses Nauto to Advance Driver Safety for Its Commercial Electric Vehicles Companies collaborate to enhance driver safety and improve urban last mile mobility with predictive-AI technology that gives drivers critical extra time to avoid collisions ...
Global electric car sales for Oct. 2021 - Up 70% YoY, reaching 8.8% share. China sales up 113% YoY to 16% share. Europe sales up 26% YoY to 23% share. EV market news - Greece banning fossil-fuel cars from 2030. Biden signs Infrastructure Bill that includes $7.5 billion to build about ...
ELMS 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., Dec. 01, 20...
Together with government incentives, better performance and lower recurring costs should drive electric vehicle (EV) sales. Moreover, the initiatives of governments worldwide to transition to zero-emission vehicles should power the industry’s growth over the short- and long term. With ...
TROY, 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 Financial Officer an...
Electric Last Mile Solutions, Inc. (ELMS) Q3 2021 Earnings Conference Call November 10, 2021, 17:00 ET Company Participants Sam Lee - Director, IR James Taylor - Co-Founder, President, CEO & Director Robert Song - Treasurer, Principal Accounting Officer, Deputy CFO & Controller Confer...
Electric Last Mile Solutions (NASDAQ:ELMS): Q3 Net loss was $17.8M, or -$0.15 per share. Revenue of $136,000. Press Release Business Outlook: The company expects its 2021 production to be in the range of 300-to-500 vehicles; 2021 total operating expenses are expected to be in the range of $65...
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...
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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...