Hyperdrive
Electric Last Mile Claims 45,000 Van Orders Amid E-Commerce Boom
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Electric Last Mile Inc., the plug-in delivery van startup that’s in the process of merging with blank check company Forum Merger III Corp., said it has 45,000 pre-orders and will start production at the former Hummer plant in Indiana in the third quarter.
The company is trying to get a jump on competitors who plan to sell electric vans into the booming market for e-commerce. A growing number of startups and established automakers are racing to sell plug-in delivery vehicles to the likes of Fedex Corp., Amazon.com Inc. and the U.S. Postal Service, who need more trucks but want to reduce their carbon emissions.