- Commercial electric vehicle company Electric Last Mile Solutions Inc ELMS has opened its new Asia Pacific Operations Center (APOC) in Shanghai, China.
- The APOC will be a hub for the company's supply chain and logistics management, engineering operations, project management, and quality functions.
- ELMS Chief Operating Officer Jerry Hu will oversee APOC operations.
- "To support our aggressive growth plans, we fully expect APOC to exceed 100 employees by the end of the year," said CEO James Taylor.
- ELMS plans to begin producing its Urban Delivery Class 1 commercial EV at its Mishawaka, Indiana production facility later this month.
- Price Action: ELMS shares are trading lower by 0.78% at $7.68 on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
