Troy, Mich. & Atlanta – Electric Last Mile, Inc. (“ELMS” or “the Company”), a pure-play commercial electric vehicle (“EV”) company focused on last-mile delivery solutions, and Cox Automotive Inc. (“Cox Automotive”), among the largest automotive services providers in the world, today announced a new collaboration working towards delivering a more comprehensive service and support ecosystem for ELMS’ Urban Delivery EV customers. ELMS expects to begin production of the Urban Delivery by the end of the third quarter of 2021, making it the anticipated first commercial Class 1 EV officially available in the U.S. market.

The collaboration would give ELMS’ Urban Delivery customers access to Cox Automotive’s industry-leading fleet service knowledge and expertise, supported by its Mobility division’s expansive Pivet fleet marketplace, which includes more than 6,000 service centers and 3,000 partner locations across the country that collectively service millions of vehicles each year. In addition to Pivet’s fixed and high-capacity service centers, fleet customers would have access to Dickinson Fleet Services’ network of more than 800 mobile technicians that will bring service directly to their vehicles.

The proposed collaboration will seek to provide a full scope of service solutions to customers, including factory warranty repairs, preventative and ongoing maintenance, roadside assistance, collision repairs and battery servicing.

“The opportunity to collaborate with industry leader Cox Automotive helps put us on track to offer customers one of the most comprehensive service solutions that addresses their fleet needs in the most time and cost-efficient manner, any time and any place,” said ELMS Co-founder and CEO, James Taylor. “Additionally, with ELMS’ anticipated over-the-air system update capabilities and real-time vehicle analytics for predictive maintenance, we are working to provide the most efficient solutions to eliminate downtime so fleet customers can focus on running their business.”

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“Efficiency is a common thread that connects Pivet and ELMS as we both work to deliver solutions that minimize vehicle downtime and lower the total cost of ownership for our fleet customers,” said Cox Automotive Mobility President, Joe George. “With an aggressive production timeline driven by pre-orders from on-demand service providers, ELMS is establishing itself as an innovative force in sustainable urban mobility.”

The ELMS Urban Delivery is anticipated to have approximately 150 miles of range and provide 170 cubic feet of cargo space, which is estimated to be approximately 34% more than the current leading gas model in the Class 1 commercial vehicle segment. The Urban Delivery is also expected to be offered at a price of $25,000 based upon the presently available U.S. federal tax credit of $7,500, giving it a lower expected total cost of ownership compared to existing gas competitors. ELMS also expects to equip the Urban Delivery with a data and connectivity suite to maximize fleet efficiency and plans to customize vehicles through its integrated upfitting operations and partnerships.

About Electric Last Mile, Inc.

ELMS is focused on redefining the last mile with efficient, connected and customizable solutions. ELMS’ first vehicle, the Urban Delivery, is anticipated to be the first Class 1 electric vehicle in the U.S. market. The company is headquartered in Troy, Michigan.

About Cox Automotive Inc.

Cox Automotive Inc. makes buying, selling, owning and using vehicles easier for everyone. The global company’s more than 27,000 team members and family of brands, including Autotrader®, Clutch Technologies®,®, Dealertrack®, Dickinson Fleet Services®, Kelley Blue Book®, Manheim®, NextGear Capital®, VinSolutions®, vAuto® and Xtime®, are passionate about helping millions of car shoppers, 40,000 auto dealer clients across five continents and many others throughout the automotive industry thrive for generations to come. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based company with annual revenues of nearly $20 billion.