Electric Last Mile Solutions Inc (previous FILL) (ELMS)

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The partnership announced yesterday with Cox Automotive is big, positive news for FIII / ELMS, eliminating any concern some folks might have had that the ELMS Urban Delivery vans would not have the infrastructure to support maintenance and repairs.

Note, too, that the first vehicles are being promised by end of Q3, not Q4...

If the Cox Automotive Mobility president is affirming the big number of pre-orders for ELMS' delivery van, i'm taking that as extra confirmation they're real. They're only non-binding at this point b/c the merger hasn't completed.

From the PR:

"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'"