ELMS Bags Order From Glovis America For Urban Utility EV

by Shivani Kumaresan, Benzinga Staff Writer

December 22, 2021 8:38 AM | 1 min read |

Electric Last Mile Solutions Inc ELMS has received an order for ELMS Urban delivery vehicles from the global supply chain and logistics provider, Glovis America Inc. Financial terms were not disclosed.
Glovis plans to use ELMS commercial vehicles to support its industrial operations and for materials movement and shuttling personnel on-campus.
ELMS Urban is a Class 3 medium-duty commercial electric vehicle that can be outfitted with a dry box, flatbed, stake bed, and other customizable cargo options depending on customer needs.
Price Action: ELMS shares closed higher by 2.85% at $6.49 on Tuesday.