Elms SPAC Presentation Deck

Crossover Strategy Offering Superior Cargo Room and Cost Alternatives ~125 Cu.Ft. +35% space Class 1 MSRP: ~$25,000 Ford Transit Connect - 104-127 Ram Promaster City - 132 Nissan NV 200-123 170218 Cu. Ft. $25,000 ELMS Urban Delivery (2021) - 170 ELMS ELMS + ELMS Urban Delivery (2022) - 218 Same Price as Gas Vehicle/35% More Cargo Space Source: Public sources. Price of ELMS vehicles net of $7,500 Federal Tax Credit. Urban Delivery and Urban Utility specifications based on current designs. More Space Cargo Space 240- 500 Cu. Ft. Class 2 ~$30,000 - $44,000 Ford Transit - 247-487 Ram Promaster - 259-463 Nissan VN - 264-323 Chevrolet Express - 240-284 17 400-600 Cu. Ft. $35,000 ELMS Urban Utility - 2022 Urban Utility Variant More or Equivalent Cargo Space / EV / Cost Effective 13+% Cost Savings ..... ELMS ELECTRIC LAST MILE SOLUTIONS ~450 - 750+ Cu. Ft. Class 3 ~$40,000 - $50,000 Ford Transit 350 GMC Savana 3500 Ram Promaster 3500

View entire presentation