Research firm Cowen issued a positive report on electric vehicle maker Electric Last Mile Systems, citing its experience management and low capital need.
Electric Last Mile Systems went public through a SPAC merger on Monday, with its stock initially jumping about 10% before sliding as the morning trading session wore on.
Electric vehicle manufacturer ELMS will debut a prototype of its Class 3 cargo van at the FedEx contractors event at the end of July.
DHL Express was pleased with a trial of nine Lightning eMotors electric Ford Transit vans and is now ordering an additional 89 units to deploy in New York and California.
UK electric van and bus startup Arrival adds to Charlotte, North Carolina, presence with second US microfactory targeted to fill UPS order.
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