{"id":538995,"date":"2021-09-16T07:03:30","date_gmt":"2021-09-16T11:03:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/electric-last-mile-solutions-announces-opening-of-new-asia-pacific-operations-center\/"},"modified":"2021-09-16T07:03:30","modified_gmt":"2021-09-16T11:03:30","slug":"electric-last-mile-solutions-announces-opening-of-new-asia-pacific-operations-center","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/electric-last-mile-solutions-announces-opening-of-new-asia-pacific-operations-center\/","title":{"rendered":"Electric Last Mile Solutions Announces Opening of New Asia Pacific Operations Center"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">TROY, Mich., Sept.  16, 2021  (GLOBE NEWSWIRE) &#8212; Electric Last Mile Solutions, Inc. (NASDAQ: ELMS; ELMSW) (\u201cELMS\u201d or \u201cthe Company\u201d), a pure-play commercial electric vehicle (\u201cEV\u201d) company focused on redefining productivity for the last mile, today announced that it has officially opened its new Asia Pacific Operations Center (APOC) in Shanghai, China.<\/p>\n<p align=\"justify\">The establishment of APOC further expands ELMS\u2019 global footprint and will serve as a hub for supply chain and logistics management, engineering operations, project management and quality functions. The team in Shanghai will work closely with ELMS\u2019 suppliers and be fully integrated with the Company\u2019s global headquarters in Troy, Michigan. APOC operations will be overseen by ELMS Chief Operating Officer Jerry Hu, an automotive industry veteran with over [20] years of experience in various leadership positions in Asia.<\/p>\n<p align=\"justify\">\u201cCombined with our global team in Michigan, APOC will allow ELMS to improve supplier engagement, increase our speed to market and efficiently execute our unique business plan,\u201d stated James Taylor, ELMS CEO. \u201cTo support our aggressive growth plans, we fully expect APOC to exceed 100 employees by the end of the year.\u201d<\/p>\n<p align=\"justify\">ELMS is set to begin production of its Urban Delivery Class 1 commercial EV later this month at its Mishawaka, Indiana production facility.\u00a0\u00a0<\/p>\n<p align=\"justify\">\n        <strong>About Electric Last Mile Solutions, Inc.<br \/><\/strong>Electric Last Mile Solutions, Inc. (Nasdaq: ELMS) is focused on defining a new era in which commercial vehicles run clean as connected and customized solutions that make our customers\u2019 businesses more efficient and profitable. ELMS\u2019 first vehicle, the Urban Delivery, is anticipated to be the first Class 1 commercial electric vehicle in the U.S. market. The Company\u2019s second vehicle, the Class 3 Urban Utility, is expected to begin production in the second half of 2022. The company is headquartered in Troy, Michigan. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=s0y_rBP7ruESuiMsa2tEqdeZwHFhNI2zJGXv2B_0K3uv3qjVayWxtGfYhwoxhR6qqhJDOnb2EbmTC4pl3OZ-VVMvAZa6gHiuWQP2I6gx4hM=\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.electriclastmile.com<\/u><\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements<\/strong><br \/>\n        <br \/>This press release includes \u201cforward-looking statements\u201d within the meaning of the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995. The Company\u2019s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as \u201cexpect,\u201d \u201cestimate,\u201d \u201cproject,\u201d \u201cbudget,\u201d \u201cforecast,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201cbelieves,\u201d \u201cpredicts,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company\u2019s expectations with respect to future performance of the business, the size, demands and growth potential of the markets for the Company\u2019s products and the Company\u2019s ability to serve those markets, the Company\u2019s 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\u2019s ability to attract and retain customers, the estimated go to market timing and cost for the Company\u2019s products, and the implied valuation of the Company. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside the Company\u2019s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the inability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition and the ability of the Company to grow and manage growth profitably and retain its key employees; (2) changes in applicable laws or regulations; (3) the possibility that the Company may be adversely affected by other economic, business, and\/or competitive factors; (4) the impact of COVID-19 on the Company\u2019s business; (5) any delays the Company may experience in realizing its projected timelines and cost and volume targets for the production, launch and ramp up of production of the Company\u2019s vehicles and the modification of its manufacturing facility; (6) the ability of the Company to obtain customers, obtain product orders, and convert its non-binding pre-orders into binding orders or sales; (7) the Company\u2019s ability to implement its business plans and strategies; and (8) other risks and uncertainties described in the \u201cRisk Factors\u201d section of the Company\u2019s Quarterly Report on Form 10-Q for the quarter ended June 30, 2021 and in the Company\u2019s future filings with the Securities and Exchange Commission. Some of these risks and uncertainties may in the future be amplified by the COVID-19 outbreak and there may be additional risks that the Company considers immaterial or which are unknown. The Company cautions that the foregoing list of factors is not exclusive. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.<\/p>\n<p align=\"justify\">\n        <strong>Contacts<\/strong><br \/>\n        <br \/>Media: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=UaGkLq7zqwcKLfpgM910vZ8crEDL4cVHV4dXwNmtVLzKTUMbPYPNzj5o79roZpdfmzlb0-2bksgQIaLJV3dCK7xSGRAK4RwVOKxHKbIjQO4=\" rel=\"nofollow noopener\" target=\"_blank\"><u>elms-svc@sardverb.com<\/u><\/a>\u00a0\u00a0 <br \/>Investor Relations: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=iJG246GPjZvnlfdAFrmAWfKf--_sfGw46k6x7aX_kpkTebVt9PaAaGhjdqtGy34VaMy7JVXHkbHuiThyE280fZL9ucwzz1BsojnSsPPtJOI=\" rel=\"nofollow noopener\" target=\"_blank\"><u>IR@electriclastmile.com<\/u><\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMyNzA0OCM0NDA4NTUzIzIyMDYwMzI=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YjcwNzNjNmQtZGUyZC00ZDEwLTg2NWEtZjNlNGE4MTgxYWNjLTEyMTc1ODU=\/tiny\/Electric-Last-Mile-Solutions-I.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TROY, Mich., Sept. 16, 2021 (GLOBE NEWSWIRE) &#8212; Electric Last Mile Solutions, Inc. (NASDAQ: ELMS; ELMSW) (\u201cELMS\u201d or \u201cthe Company\u201d), a pure-play commercial electric vehicle (\u201cEV\u201d) company focused on redefining productivity for the last mile, today announced that it has officially opened its new Asia Pacific Operations Center (APOC) in Shanghai, China. The establishment of APOC further expands ELMS\u2019 global footprint and will serve as a hub for supply chain and logistics management, engineering operations, project management and quality functions. The team in Shanghai will work closely with ELMS\u2019 suppliers and be fully integrated with the Company\u2019s global headquarters in Troy, Michigan. APOC operations will be overseen by ELMS Chief Operating Officer Jerry Hu, an automotive industry veteran with over &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/electric-last-mile-solutions-announces-opening-of-new-asia-pacific-operations-center\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Electric Last Mile Solutions Announces Opening of New Asia Pacific Operations Center&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-538995","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Electric Last Mile Solutions Announces Opening of New Asia Pacific Operations Center - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/electric-last-mile-solutions-announces-opening-of-new-asia-pacific-operations-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Electric Last Mile Solutions Announces Opening of New Asia Pacific Operations Center - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TROY, Mich., Sept. 16, 2021 (GLOBE NEWSWIRE) &#8212; Electric Last Mile Solutions, Inc. (NASDAQ: ELMS; ELMSW) (\u201cELMS\u201d or \u201cthe Company\u201d), a pure-play commercial electric vehicle (\u201cEV\u201d) company focused on redefining productivity for the last mile, today announced that it has officially opened its new Asia Pacific Operations Center (APOC) in Shanghai, China. The establishment of APOC further expands ELMS\u2019 global footprint and will serve as a hub for supply chain and logistics management, engineering operations, project management and quality functions. The team in Shanghai will work closely with ELMS\u2019 suppliers and be fully integrated with the Company\u2019s global headquarters in Troy, Michigan. APOC operations will be overseen by ELMS Chief Operating Officer Jerry Hu, an automotive industry veteran with over &hellip; Continue reading &quot;Electric Last Mile Solutions Announces Opening of New Asia Pacific Operations Center&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/electric-last-mile-solutions-announces-opening-of-new-asia-pacific-operations-center\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-16T11:03:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMyNzA0OCM0NDA4NTUzIzIyMDYwMzI=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/electric-last-mile-solutions-announces-opening-of-new-asia-pacific-operations-center\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/electric-last-mile-solutions-announces-opening-of-new-asia-pacific-operations-center\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Electric Last Mile Solutions Announces Opening of New Asia Pacific Operations Center\",\"datePublished\":\"2021-09-16T11:03:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/electric-last-mile-solutions-announces-opening-of-new-asia-pacific-operations-center\\\/\"},\"wordCount\":827,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/electric-last-mile-solutions-announces-opening-of-new-asia-pacific-operations-center\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODMyNzA0OCM0NDA4NTUzIzIyMDYwMzI=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/electric-last-mile-solutions-announces-opening-of-new-asia-pacific-operations-center\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/electric-last-mile-solutions-announces-opening-of-new-asia-pacific-operations-center\\\/\",\"name\":\"Electric Last Mile Solutions Announces Opening of New Asia Pacific Operations Center - 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(NASDAQ: ELMS; ELMSW) (\u201cELMS\u201d or \u201cthe Company\u201d), a pure-play commercial electric vehicle (\u201cEV\u201d) company focused on redefining productivity for the last mile, today announced that it has officially opened its new Asia Pacific Operations Center (APOC) in Shanghai, China. The establishment of APOC further expands ELMS\u2019 global footprint and will serve as a hub for supply chain and logistics management, engineering operations, project management and quality functions. The team in Shanghai will work closely with ELMS\u2019 suppliers and be fully integrated with the Company\u2019s global headquarters in Troy, Michigan. 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