Electric Last Mile Solutions, Inc.

Electric Last Mile Solutions, Inc.

ELMWQ
Electric Last Mile Solutions, Inc.US flagOther OTC
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868.19MMarket Cap
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Capital Structure

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Quarterly Revenue

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Quarterly Earnings Per Share

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Company Description

APIChatGPT
CEO
Shauna Finnie McIntyre
Sector
Consumer Cyclical
Industry
Auto - Manufacturers
Address
1055 West Square Lake Road Troy MI United States of America 48098
Business
Electric Last Mile Solutions, Inc. (ELMWQ) is a commercial electric vehicle solutions company that designs, engineers, manufactures, and customizes electric last-mile delivery and utility vehicles, including its Class 1 Urban Delivery vehicle and Class 3 Urban Utility vehicle. The company targets the U.S. market for commercial fleets such as delivery services and utilities, with operations centered on a production facility in Mishawaka, Indiana. Founded in 2020 through a reverse merger and headquartered in Troy, Michigan, Electric Last Mile Solutions offers customizable electric vehicles equipped for urban logistics and last-mile applications. In June 2022, the company filed for voluntary Chapter 7 bankruptcy liquidation in the U.S. Bankruptcy Court for the District of Delaware due to insufficient funding amid SEC investigations and leadership changes; its assets, including intellectual property, inventory, and the Mishawaka facility, were subsequently acquired by Mullen Automotive in a $240 million cash transaction approved later that year.