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Electric Last Mile posts Q3 net loss of USD 17.8 million, revises 2021 production target
On November 10, Electric Last Mile Solutions (ELMS) released its Q3 2021 results after shipping the first units of its Class 1 Urban Delivery van, or UD-1.
The company reported revenue of USD 136,000, but a USD 17.8 million third-quarter net loss, and now expects its 2021 production to be in the range of 300-to-500 ....
The company reported revenue of USD 136,000, but a USD 17.8 million third-quarter net loss, and now expects its 2021 production to be in the range of 300-to-500 ....
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