Reuters - Electric Last Mile Solutions Inc said on Wednesday that it has secured a purchase order for 1,000 units of its urban delivery van from distribution partner Randy Marion Automotive Group.
Shares of the California-based electric vehicle company were up nearly 7% in premarket trading to $7.63.
The purchase order comes after the company commenced production of its all-electric delivery van on 20 September.
Electric Last Mile, which went public through a SPAC merger in June, said it plans to ship first few units on 27 september from its Mishawaka, Indiana plant.
Last month, the company said that despite a delay in closing the merger and global supply chain challenges due to COVID - 19 pandemic, it is on the path for its full production targets for 2022.