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The Latest Breaking News from Electric Last Mile Solutions

Mullen Buys Bankrupt ELMS And Its Indiana Plant For $240 Million

The former ELMS plant in Indiana that once made Hummer H2 trucks will provide Mullen with the capability to produce up to 50,000 electric vehicles per year.

InsideEVs · Oct 19, 2022

Electric Last Mile Solutions Files For Chapter 7 Bankruptcy

In the voluntary petition for Chapter 7 bankruptcy, ELMS disclosed its estimated assets range from $50 million to $100 million, as do its estimated liabilities.

InsideEVs · Jun 17, 2022

Why Electric Last Mile Solutions Stock Is Plunging

Electric Last Mile Solutions Inc (NASDAQ: ELMS) shares are trading significantly lower Monday after the company announced that it plans to file for bankruptcy.

Benzinga · Jun 13, 2022

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Lordstown Motors and its post-SPAC peers keep losing executives

The past month has been a rough one for some of the electric vehicle startups that went public by merging with special purpose acquisition companies, or SPACs. Lordstown Motors, Canoo and Electric Last Mile Solutions all have seen key personnel leave, and all three are under investigation by the U.S.…

Tribune News Service · Feb 18, 2022

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