BRIEF-Electric Last Mile Inc Announces Strategic Partnerships For The Urban Delivery Electric Powertrain System

Reuters
24 Feb 2021

Feb 24 (Reuters) - Forum Merger III Corp :

* ELECTRIC LAST MILE, INC. ANNOUNCES STRATEGIC PARTNERSHIPS FOR THE URBAN DELIVERY ELECTRIC POWERTRAIN SYSTEM

* ELECTRIC LAST MILE -ENTERED INTO STRATEGIC PARTNERSHIPS WITH JING-JIN ELECTRIC NORTH AMERICA, LLC AND CONTEMPORARY AMPEREX TECHNOLOGY CO. LIMITED

* ELECTRIC LAST MILE, INC. - JJE WILL SERVE AS ELMS' PARTNER FOR SOURCE OF ELECTRIC MOTORS AND WILL PROVIDE RELATED DEVELOPMENT AND ENGINEERING SUPPORT

* ELECTRIC LAST MILE, INC.- CATL HAS SEPARATELY AGREED TO SUPPLY ITS BATTERY CELLS FOR CO'S BATTERY PACK

* ELECTRIC LAST MILE, INC.- EXPECTS TO BEGIN PRODUCTION OF URBAN DELIVERY IN SECOND HALF OF 2021

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