TROY, Michigan, November 15, 2021 (GLOBE NEWSWIRE) – Electric Last Mile Solutions, Inc. (NASDAQ: ELMS; ELMSW) (âELMSâ or âthe Companyâ), a pioneer of electric and intelligent mobility solutions for customers of commercial vehicles, announced that CFO and Treasurer Rob Song will speak at Deutsche Bank’s 2021 Industry Conference on Wednesday, November 17, 2021.
About Electric Last Mile Solutions, Inc.
Electric Last Mile Solutions, Inc. (Nasdaq: ELMS) is focused on defining a new era in which commercial vehicles operate cleanly as connected, personalized solutions that make our customers’ businesses more efficient and profitable. ELMS ‘first vehicle, Urban Delivery, is the first Class 1 electric utility vehicle in the US market. The company plans to begin production of its second vehicle, the Class 3 Urban Utility EV, in the second half of 2022. ELMS is headquartered in Troy, Michigan. For more information, please visit www.electriclastmile.com.
This press release includes “forward-looking statements” within the meaning of the “safety regulations” provisions of the Private Securities Litigation Reform Act of 1995. The actual results of the Company may differ from its expectations, estimates and projections and, therefore, you should not rely on these forward-looking statements as predictions of future events. Words such as âexpectâ, âestimateâ, âprojectâ, âbudgetâ, âanticipateâ, âanticipateâ, âintend toâ, âplanâ, âcanâ, âcanâ, âCouldâ, âshould,â âbelieveâ, âpredictâ, âpotentialâ, âcontinuingâ and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company’s expectations regarding the future performance of the business, the size, demands and growth potential of the markets for the Company’s products and the Company’s ability to serving these markets, the Company’s ability to develop innovative products and compete with other companies engaged in the commercial delivery vehicle industry and / or the electric vehicle industry, the Company’s ability to attract and retain the customers, the estimated timing and cost of bringing the Company’s products to market, and the Company’s implied valuation. These forward-looking statements involve significant risks and uncertainties which could cause actual results to differ materially from expected results. Most of these factors are beyond the control of the Company and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) failure to recognize the anticipated benefits of the business combination, which may be affected, among other things, by competition and the Company’s ability to grow and manage grow profitably and retain key employees; (2) changes in applicable laws or regulations; (3) the possibility that the Company will be affected by other economic, commercial and / or competitive factors; (4) the impact of COVID-19 on the Company’s activities; (5) any delay that the Company may experience in achieving its projected timelines and cost and volume targets for the production, launch and acceleration of production of the Company’s vehicles and the modification of its plant Manufacturing ; (6) the Company’s ability to secure customers, secure product orders and convert non-binding pre-orders into firm orders or sales; (7) the Company’s ability to implement its business plans and strategies; and (8) other risks and uncertainties described in the âRisk Factorsâ section of the Company’s quarterly report on Form 10-Q for the quarter ended June 30, 2021 and in future documents filed by the Company with the Securities and Exchange Commission. Some of these risks and uncertainties may in the future be magnified by the COVID-19 outbreak and there may be additional risks that the Company considers insignificant or which are unknown. The Company cautions that the above list of factors is not exclusive. The Company cautions readers not to place undue reliance on forward-looking statements, which speak only as of the date they are posted. The Company does not undertake or accept any obligation or commitment to publicly issue any updates or revisions to forward-looking statements to reflect any change in its expectations or any change in the events, conditions or circumstances upon which such statement is made. based.