ELMS Ships First Urban Delivery EVs to Customers

Urban Delivery becomes the first commercial Class 1 EV in the U.S. market

TROY, Mich.- Electric Last Mile Solutions, Inc. (NASDAQ: ELMS; ELMSW) (“ELMS” or “the Company”), a pure-play commercial electric vehicle (“EV”) company focused on redefining productivity for the last mile, today announced that it has shipped its first Urban Delivery units to customers, marking the launch of the first commercial Class 1 EV in the U.S. market.

The Urban Delivery EVs came out of ELMS’ production facility in Mishawaka, Indiana and were shipped to Randy Marion Automotive Group, one of the country’s largest commercial dealerships, as part of a binding purchase order for 1,000 units that was announced last week.

“This launch and delivery marks a key milestone for Electric Last Mile Solutions, our partners, and our shareholders. We are now delivering our transformative and sustainable EV solutions to commercial customers and solidifying our first-mover status in the segment,” said James Taylor, ELMS Co-Founder, and CEO. “Supported by a seasoned workforce at a plant that has produced American icons, ELMS has positioned itself at the vanguard of the commercial electrification movement. We now look forward to continuing our momentum and ramping to mass production to meet our customer demand.”

ELMS’ unique, capital-efficient business model enables the Company to quickly bring to market segment-defining commercial EVs along with connected and customized solutions for an array of customers in the last mile delivery and services space.

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