YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Electric vehicle startup to liquidate assets

Posted online

Electric vehicle startup Electric Last Mile Solutions plans to file for bankruptcy and liquidate its assets.

The Michigan-based maker of electric commercial vans last year went public through a merger with a special purpose acquisition company.

Company officials said a "comprehensive review of the company's products and commercialization plans" did not turn up better options for stakeholders.

Read more from CNBC.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences