• About
  • Privacy & Policy
  • Contact Us
Procurement Nation
  • Home
  • Suppliers
  • Procurement
    • Shipping
    • Best Procurement Software
    • Supply Chain
      • What is supply chain management?
      • Tyson Foods Food Supply Chain
  • Markets
  • Banking
  • Contact Us
No Result
View All Result
  • Home
  • Suppliers
  • Procurement
    • Shipping
    • Best Procurement Software
    • Supply Chain
      • What is supply chain management?
      • Tyson Foods Food Supply Chain
  • Markets
  • Banking
  • Contact Us
No Result
View All Result
Procurement Nation
No Result
View All Result

Electric Last Mile secures 1,000 units order for urban delivery van

Mark White by Mark White
September 23, 2021
in Supply Chain
0


An Electric Last Mile Solutions UD-1 electric commercial van is seen in Auburn Hills, Michigan, U.S., in this undated photo. REUTERS/Ben Klayman/File Photo

Sept 22 (Reuters) – Electric Last Mile Solutions Inc (ELMS.O) said on Wednesday it has secured a purchase order for 1,000 units of its urban delivery van from distribution partner, Randy Marion Automotive Group.

Shares of the Michigan-based electric vehicle company were up nearly 7% at $7.63 in premarket trading.

The purchase order comes after the company commenced production of its all-electric delivery van on Sept. 20.

Electric Last Mile, which went public through a SPAC merger in June, said it plans to ship first few units on Sept. 28 from its Mishawaka, Indiana facility.

Last month, the company said despite a delay in closing the merger and global supply chain challenges due to the COVID-19 pandemic, it is on track for its full year 2022 production targets.

Reporting by Nilanjana Basu in Bengaluru; Editing by Shailesh Kuber

Our Standards: The Thomson Reuters Trust Principles.



Source link

Previous Post

UPDATE 1-Australia’s Dexus teams up with APN to buy Perth’s Jandakot Airport

Next Post

Germany passes law on tougher oversight of supply chains

Mark White

Mark White

Mark White is the editor of the ProcurementNation, a Media Outlet covering supply chain and logistics issues. He joined The New York Times in 2007 as an commodities reporter, and most recently served as foreign-exchange editor in New York.

Next Post
Germany passes law on tougher oversight of supply chains

Germany passes law on tougher oversight of supply chains

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About
  • Privacy & Policy
  • Contact Us
Call us: +1 234 JEG THEME

© 2021 Procurement Nation - Supply Chain & Logistics News

No Result
View All Result
  • Procurement
  • Supply Chain
  • Logistics
  • Science
  • Technology

© 2021 Procurement Nation - Supply Chain & Logistics News