Benzinga | Oct 6, 2021 02:37PM EDT

ELMS Partners With Cox Automotive For Service, Support Solutions

* Electric Last Mile Solutions Inc (NASDAQ:ELMS) signs an agreement with Cox Automotive Inc to provide a service and support ecosystem for its commercial EV customers, who have begun receiving vehicles.

* The agreement will give Electric Last Mile customers access to more than 6,000 service centers, 3,000 partner locations, and 800 mobile technicians nationwide.

* The service solutions provided to customers include preventative maintenance, vehicle and collision repairs, and battery servicing.

* "This allows fleet and commercial owners to maximize vehicle uptime and improve cost efficiencies to get the most out of their vital resources," said ELMS Chief Revenue Officer Ron Feldeisen.

* Price Action: ELMS shares are trading lower by 2.60% at $6.56 on the last check Wednesday.