Lordstown Motor’s bankruptcy makes life harder on the upstart automakers still standing — but this hot glare of reality is exactly what the market needs.
Electric Last Mile Solutions (ELMS) to File for Bankruptcy
ELMS produced the Urban Delivery electric van, one of the first light-duty, fully electric vehicle meant for contractors, delivery workers, and more. On June 12, ELMS announced its plans to file for Chapter 7 bankruptcy.
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