Elms SPAC Presentation Deck
Shift To Online And Consumer Desire For Immediacy Is Fueling Massive Demand For Delivery Vehicles
Targeting Last Mile Delivery
North America eCommerce market expected to be $1 trillion by 2025(¹)
Last Mile Delivery Services growing in tandem to over $50 billion by 2022¹²)
Delivery vehicles market growing to 1.5 million units by 2025¹³)
($ in Billions)
(1) eMarketer. (2) TechNavio. (3) eMarketer, Automotive Fleet and Management Estimates. (4) Strateg& PwC Analysis
$31.3
7
2018
($ in Thousands)
982
350
Delivery Van Segment
Medium Utility Segment
632
$35.3
2021E
2019
Over 50% of costs in the delivery cycle incurred in last mile portion
1,105
378
727
$39.9
2020E
2022E
53%
$45.1
2021E
Collection
1,231
408
823
2023E
Share of Delivery Costs
4%
6%
(4)
13% CAGR
$51.0
37%
ELECTRIC LAST MILE SOLUTIONS
2022E
1,359
441
918
.....
ELMS
2024E
(2)
11% CAGR
1,489
476
1,013
Sorting
Last Mile Delivery
Line Haul
ELMS Well-Positioned as Anticipated First Mover in Class 1 EV in Underserved Market
2025E
(3)View entire presentation