ELMS: Electric Last Mile Solutions
About ELMS: Electric Last Mile Solutions
Electric Last Mile Solutions, Inc. (ELMS) is an electric vehicle company based in Auburn Hills, Michigan. The company focuses on designing, manufacturing, and customizing commercial electric vehicles, particularly for delivery and utility fleets. Its flagship product is the electric Urban Delivery vehicle, which is assembled at a facility in Mishawaka, Indiana.
ELMS is investing over $300 million to establish manufacturing operations capable of producing up to 100,000 vehicles annually. The company aims to create up to 960 new jobs by the end of 2024. ELMS is publicly traded under the ticker ELMS and has received various performance-based incentives to support its growth.