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MULLEN AUTOMOTIVE (NASDAQ: MULN) STOCK QUOTE

Last Trade: US$1.15 -0.05 -4.17
Volume: 3,178,221
5-Day Change: -28.12%
YTD Change: -91.95%
Market Cap: US$18.430M

LATEST NEWS FROM MULLEN AUTOMOTIVE

GreenStockNews
BREA, Calif., July 24, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today GAMA , one of Mullen international distributors, has placed an order for 29 Mullen GOs, the Company’s commercial micro urban delivery vehicle.... Read More
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DETROIT , July 23, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric commercial vehicle ("EV") manufacturer, releases its full warranty coverage on the Bollinger B4 Chassis Cab, the company's all-new, all-electric Class 4 commercial truck. Under the warranty, Bollinger will provide comprehensive, competitive coverage... Read More
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The EPA certified B4 provides one of the strongest warranties in the commercial market today Warranty includes: Bumper-to-bumper, 3-year/36,000-miles; powertrain, 5-year/50,000-mile; high-voltage battery, 8-year/100,000-miles; frame rails and cross-members, 5-years/unlimited miles; corrosion (perforation only),... Read More
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Mullen is currently negotiating with multiple government agencies to provide its Class One and Three vehicles and will be announcing additional orders over the current fiscal quarter Mullen’s commercial EVs align with the City of Dublin’s vision to be the most sustainable, connected and resilient global city of choice and has... Read More
Under the MOR-EV program, the Mullen ONE Class 1 EV cargo van, with a suggested MSRP of $34,500, is now approved for a MA state cash rebate of up to $3,500 When combined with the available $7,500 federal tax credit, the net effective cost of the Mullen ONE would be approximately $23,500 BREA, Calif., July 17, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric... Read More
OAK PARK, Mich., July 16, 2024 (GLOBE NEWSWIRE) -- via IBN -- Bollinger Motors , Inc., an electric commercial vehicle ("EV") manufacturer, today announces it has named former GM executive James Taylor as CEO. He will take over for company founder Robert Bollinger, who will remain on the company’s Board of Directors and a major shareholder. In addition, the company promoted Bryan Chambers to President and Chief Operating... Read More
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Bollinger B4 Class Becomes First Medium Duty Electric Truck from Doering Fleet Management OAK PARK, Mich. , July 15, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric commercial vehicle ("EV") manufacturer, today announced it has reached an agreement to sell 70 all-electric Class 4 Bollinger B4 commercial trucks to... Read More
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BREA, Calif., July 15, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today its subsidiary, Bollinger Motors, has reached an agreement to sell 70 all-electric Class 4 Bollinger B4 commercial trucks to Doering Fleet... Read More
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POWER BOOST is a pioneering battery exchange program enabling existing Class 1 EV cargo van customers the opportunity to upgrade their lithium-ion battery packs to solid-state polymer battery packs, increasing Class 1 vehicle range to over 200 miles Mullen’s Class 1 EV cargo van equipped with the solid-state polymer pack is... Read More
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Durability, Dependability, Performance Make the Bollinger B4 the Right Choice for Fire Rescue Trucks OAK PARK, Mich. , July 9, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric commercial vehicle ("EV") manufacturer, today announced it has reached an agreement to sell five all-electric Class 4 Bollinger B4 commercial... Read More
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Order includes 5 Bollinger B4 trucks and is valued at approximately $825,000 Durability, dependability, performance make the Bollinger B4 the right choice for fire rescue trucks BREA, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle... Read More
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Eco Auto’s first commercial EV sale going to a Massachusetts-based company offering custom home building, home renovations and maintenance, property management and painting services BREA, Calif., July 02, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle... Read More
Certification a Key Step to Sell Zero-Emission Trucks OAK PARK, Mich. , June 24, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric commercial vehicle ("EV") manufacturer, today announced it has received its Certificate of Conformity from the Environmental Protection Agency (EPA) for its Class 4 B4 Chassis Cab. The Certificate of Conformity attainment is another important milestone for Bollinger Motors as it moves... Read More
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EPA certification is a critical milestone to sell vehicles to customers Bollinger’s B4, Class 4 EV chassis cab to begin rolling off production line in second half of 2024 BREA, Calif., June 24, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive Inc. (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announces its... Read More
Company has committed capital in excess of $250 million Fleet customer pipeline includes Yale University, Princeton University, UCLA, Enterprise Fleet Services, DB Schenker and Mobile Road Service Solutions, a AAA provider The Company is also planning to deploy vehicles to Canada with key prospective partners including a major telecom company, which has already tested vehicle telematics with Mullen Mullen’s Class 1 EV cargo... Read More
Agreement Creates Innovative Mobile Charging Solution, Electric Vehicle Option for Fleet Owners and Managers OAK PARK, Mich. , June 13, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric commercial vehicle ("EV") manufacturer, today announced it has reached an agreement to sell 80 all-electric Class 4 commercial trucks to Momentum, a leader in fleet management and EV charging solutions. Momentum Groups can upfit the... Read More
GreenStockNews
Order includes 80 Bollinger B4 trucks and is valued at approximately $13.2 million The Bollinger B4 qualifies for a $40,000 federal tax credit BREA, Calif., June 13, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today... Read More
GreenStockNews
Under the MOR-EV program, the Mullen THREE EV truck, with a suggested MSRP of $68,500, now qualifies for a Massachusetts state cash rebate of up to $15,000 When combined with the available $7,500 federal tax credit, the net effective price of the Mullen THREE would be approximately $46,000 BREA, Calif., June 11, 2024 (GLOBE... Read More
GreenStockNews
Eco Auto’s initial vehicle order includes 10 Mullen ONE’s and 3 Mullen THREE’s Eco Auto, based north of Boston, is Mullen’s newest commercial EV dealer and fifth retailer announced in recent weeks BREA, Calif., June 10, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an... Read More
Company continues European expansion for commercial electric vehicle sales; new VP of Sales for Europe, Middle East and Africa appointed to oversee EMEA markets First European orders include an initial 93 EVs, including 40 all-electric Mullen-GO urban delivery vehicles to GAMA in Serbia and 53 commercial vans and trucks for Antidoto SA in Switzerland BREA, Calif., May 31, 2024 (GLOBE NEWSWIRE) - via IBN -- Mullen Automotive,... Read More
GreenStockNews
Commercial food delivery upfitter submits purchase order for 40 all-electric Mullen-GO urban delivery vehicles Initial purchase order valued at approximately $440,000 USD with additional orders to follow BREA, Calif., May 29, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the... Read More
GreenStockNews
New PowerUP mobile charging system based on the all-electric Mullen THREE, a Class 3 cab chassis EV truck, provides increased versatility and 100% ZERO EMISSIONS power generation capable of delivering on demand, mobile DC fast-charging Company shifts PowerUP focus to a 100% clean energy model to reflect Mullen's commitment to... Read More
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New commercial distributor was formed recently to offer Mullen’s full commercial EV lineup in the Balkans Region, which includes Bosnia Herzegovina, Serbia, Montenegro, Croatia, Slovenia, Macedonia, Albania, Greece and Bulgaria Initial order to include 53 commercial EVs, consisting of urban delivery vehicles and commercial... Read More
Deal Creates Innovative Mobile Charging Solution for Electric Vehicle Fleet Owners OAK PARK, Mich. , May 22, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric commercial vehicle ("EV") manufacturer, today announced it has reached an agreement to sell 50 vehicles to EnviroCharge, a provider of convenient and flexible charging solutions for electric vehicle owners. EnviroCharge will install its mobile... Read More
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Deal value estimated at $8,250,000 Partnership creates innovative mobile charging solution for electric vehicle fleet owners BREA, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today Bollinger Motors... Read More
GreenStockNews
BREA, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the addition of zero-emissions commercial vehicle dealers, Minnesota-based Ziegler Truck Group (“Ziegler” or “ZTG”) and Washington-based Range... Read More
Positive stockholders’ equity of $117,414,643 as of March 31, 2024 Company has additional $150 million in capital commitments to support the scaling of commercial EV operations BREA, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces financial results for the three and six months ended March 31,... Read More
$150 million capital infusion allows Mullen and Bollinger to operate and expand domestic and international commercial sales efforts These commitments satisfy the Company’s capital needs over the next 13 months BREA, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the Company has received a $100... Read More
GreenStockNews
BREA, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the Company has been approved for Foreign Trade Zone (“FTZ”) status with the U.S. Department of Commerce for its commercial vehicle manufacturing... Read More
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DETROIT , May 7, 2024 /PRNewswire/ -- Bollinger Motors, Inc. , an electric commercial vehicle ("EV") manufacturer, and Amerit Fleet Solutions ("Amerit"), a leading provider of customized fleet maintenance and repair programs nationwide, announced today that they have entered into an agreement for Amerit to provide mobile... Read More
BREA, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today its subsidiary, Bollinger Motors, and Amerit Fleet Solutions (“Amerit”), a leading provider of customized fleet maintenance and repair programs nationwide, have entered into an agreement for Amerit to provide mobile service and maintenance to... Read More
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NAFG, a Sourcewell contract awardee, with two awarded contracts ( #091521-NAF and #060920-NAF) , provides fleet vehicle purchasing to state, local government and educational institutions with near-term orders and deliveries pending Sourcewell is a government agency that has fulfilled bidding requirements and holds hundreds of... Read More
The Rights Agreement is not a financing transaction and no additional shares of Common Stock or Preferred Stock or warrants or convertible notes are currently being issued in connection with the Rights Agreement BREA, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces that its Board of Directors (the... Read More
MRSS is a leading upfitter for the Roadside Service Industry and a strategic supplier to towing and emergency roadside service companies, including AAA, throughout the U.S. BREA, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, and its recently announced dealer partner, Pritchard EV (“Pritchard”), have joined with... Read More
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Pritchard EV is a nationally known leader in fleet sales and a pioneer in commercial EV sales Mullen EV fleet vehicles now available for immediate order and delivery through Pritchard EV, an authorized HVIP Dealer BREA, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the... Read More
GreenStockNews
Under HVIP, the Mullen THREE EV truck, with a suggested MSRP of $68,500, now qualifies for a rebate of up to $45,000. When combined with the available $7,500 federal tax credit, the net effective cost of the Mullen THREE would be less than $17,000. BREA, Calif., April 29, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive,... Read More
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Company now in receipt of CARB approval for both 2024 and 2025 Class 3 Model Years CARB certification takes on even more significance with the recent Advanced Clean Fleets (“ACF”) regulation, which requires state and local government fleets, including city, county, special district, and state agency fleets, to ensure 50% of... Read More
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Mullen is dedicated to producing next-generation, American-made EV battery packs Facility is capable of producing 1 GWh per year BREA, Calif., April 22, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the... Read More
BREA, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announces a manufacturing milestone achieved with the 500 th commercial vehicle recently produced out of its Tunica, Mississippi, commercial vehicle manufacturing and assembly facility. Additional recent highlights include: The Company currently has 18 active commercial... Read More
Cost saving initiatives aimed at reducing operating and investing cash flows by approximately $170 million over the next 12 months when compared to operating and investing cash flows reported for the 12 months ended Sept. 30, 2023. “Momentum is increasing and we have transactions with fleets of varying sizes and vocations,” said Brad Sigmon, Vice President of Randy Marion Automotive Fleet Operations. “Building on March... Read More
On Monday, March 25, 2024, Company filed FTZ application and expects final determination within 30 to 90 days FTZ status and benefits would include opportunity for improving Company cash flow through reduction of taxes, fees and deferment of import duties Mullen estimates that resulting deferred working capital on domestic sales could result in deferred capital outlays of $10 million for the remainder of fiscal year 2024... Read More
BREA, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today new key sales hires who have joined the Company in support of its commercial EV van and truck program. Tyler Jordan - Senior Director of Commercial Sales Jordan has more than 13 years of experience driving profitability, growth, and... Read More
GreenStockNews
BREA, Calif., March 13, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces an update on the U.S. Customs and Border Protection (“CBP”) application for Class 1 EV cargo vans. On March 5, 2024, U.S. Customs and... Read More
BREA, Calif., March 07, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (Nasdaq: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces that on March 6, 2024, it received formal notice from The Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with the annual shareholder meeting requirement set forth in Nasdaq Listing 5620(a).... Read More
DETROIT , March 5, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric commercial vehicle ("EV") manufacturer, has named the next two dealership groups spanning seven states and 11 locations, as they rollout their commercial electric truck line, beginning with the Bollinger B4 Chassis Cab in the second half of 2024. The dealership groups are: Nacarato Truck Centers – 10 locations in Florida , Georgia , Kentucky ,... Read More
BREA, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces its subsidiary, Bollinger Motors, has named the next two dealership groups, spanning seven states and 11 locations, as Bollinger rolls out its commercial electric truck line, beginning with the Bollinger B4 Chassis Cab in the second... Read More
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Testing of solid-state battery pack has advanced from lab to on-road vehicle testing Previously projected 73% increase in range from 110 miles to 190 miles Actual tests resulted in 86% increase in vehicle range from 110 miles to 205 miles BREA, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc.... Read More
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Company in full commercial EV production with Class 1 and Class 3 vehicles; Bollinger Motors focused on Class 4-6 vehicles with Class 4 production starting in second half 2024 Company achieves positive gross margin per Class 1 and Class 3 vehicles invoiced Company integrating advance battery solutions and AI driven battery... Read More
BREA, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces an update on the U.S. Customs and Border Protection (“CBP”) application for Class 1 EV cargo vans. On Feb. 20, 2024, CBP informed counsel that a final determination on the ruling request is now expected within one to two months. CBP... Read More
DETROIT , Feb. 14, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric commercial vehicle ("EV") manufacturer, has named LaFontaine Automotive Group as their first authorized dealer, with two locations, Lansing and Farmington Hills, Mich. The Bollinger B4 Chassis Cab is an all-new, all-electric class 4 commercial truck designed from the ground up with extensive fleet and upfitter input. Bollinger's unique chassis... Read More
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BREA, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today Bollinger Motors (“Bollinger”) has named LaFontaine Automotive Group as its first authorized dealer with two locations in Lansing and... Read More
Company reports financial results and current business update Stockholders’ equity $271,814,097.00 as of December 31, 2023 BREA, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announces financial results for the three months ended Dec. 31, 2023, and a business update. Commenting on the results for the three months ended Dec.... Read More
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DETROIT , Feb. 6, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric vehicle ("EV") manufacturer, today announced it has received IRS approval as a "qualified manufacturer" for clean vehicle credits under the Inflation Reduction Act of 2022 (the "IRA"). This designation enables the Bollinger B4 chassis cab to qualify... Read More
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BREA, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today Bollinger Motors (“Bollinger”) has received IRS approval as a “qualified manufacturer” for clean vehicle credits under the Inflation... Read More
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BREA, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, continues to make great strides with production and deliveries of Class 1 and Class 3 commercial EVs. Its subsidiary, Mullen Advanced Energy, LLC... Read More
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Company has invoiced $17,318,000.00 to date for commercial vehicles Mullen Commercial is first-to-market with Class 1 EV cargo vans and Class 3 EV trucks; positive gross margin on vehicles invoiced BREA, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an... Read More
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Initial order is for 20 CAMPUS EV cargo vans with regular scheduled orders to follow BREA, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today a vehicle order with Grupo Cavel (“Cavel”) to... Read More
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Certification opens the Mullen THREE EV truck with a suggested MSRP of $68,500.00 to important state incentive programs; including opportunity with California’s HVIP project, which offers a rebate of up to $45,000.00 and, when combined with $7,500.00 federal tax credit, equals a net effective cost of less than $20,000.00 for... Read More
BREA, Calif., Jan. 24, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that it has received formal notice from The Nasdaq Stock Market LLC confirming the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). Mullen will continue to be listed and... Read More
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BREA, Calif., Jan. 22, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces 130 additional Class 1 EV cargo vans have been delivered and invoiced for $4,372,550.00 to Randy Marion Automotive Group (“RMA” or... Read More
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100% American made Bollinger B4 start of production is scheduled for mid-2024 B4 production in collaboration with Roush Industries in Michigan BREA, Calif., Jan. 19, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces... Read More
BREA, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- via IBN - Mullen Automotive Inc. (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announces financial results for the twelve months ended Sept. 30, 2023, and a current business update. Commenting on fiscal year 2023 (“FY2023”) and recent Company developments, CEO and chairman David Michery stated, “Mullen has initiated production in Tunica and rolled out... Read More
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Phenix is one of California’s largest providers of work trucks, equipment and specialty truck bodies, focusing on large enterprise customers in public utilities, municipalities and fire departments Class 3 upfit now on display at Mullen’s CES 2024 booth | N Hall-10315, LVCC BREA, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) -- via... Read More
The $50 million ATVM application details the Company’s plan to produce an estimated 150,000 battery packs through 2032 The ATVM loan program is a $25 billion-dollar direct loan program funded by Congress in fall 2008 to provide debt capital to the U.S. automotive industry for the purpose of funding projects that help vehicles manufactured in the U.S. BREA, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen... Read More
Company plans to produce an estimated 150,000 battery packs through 2032 Program to provide $3.5 billion to strengthen US battery material manufacturing (DE-FOA-0003099) BREA, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces its subsidiary Mullen Advanced Energy, LLC (“Mullen Advanced... Read More
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Company delivered 100 Class 1 and 141 Class 3 vehicles thru Dec. 31, 2023, to Randy Marion Automotive Group; Company has an additional 185 Class 1 vehicles scheduled for delivery through Jan. 8, 2024 Vehicles delivered to Randy Marion are part of the 6,000 Class 1 vehicle purchase order of $200,000,000 and the 1,000 Class 3... Read More
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BREA, Calif., Jan. 03, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces that for calendar year 2023 Mullen achieved its previously announced Class 3 target with 154 Class 3’s built and 141 Class 3’s... Read More
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To date, Mullen has delivered 100 Class 1 cargo vans invoiced for a total of $3,363,500 Company on target to deliver a total of 285 Class 1 vehicles by Jan. 8, 2024 BREA, Calif., Jan. 02, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc . (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”)... Read More
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Mullen intends to deliver 285 Class 1 vehicles within the next five business days Mullen to close fiscal first quarter on Dec. 31 with over $6,054,300 invoiced for Class 1 vehicles Vehicles delivered to Randy Marion are part of the 6,000 Class 1 vehicle purchase order of $200,000,000; majority of vehicles to be delivered... Read More
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Solid-state polymer pack level test and validation for Class 1 EV cargo vans begins Dec. 28, 2023 Vehicle road testing of solid-state battery packs in Class 1 EV cargo vans on track for Q1 2024 110 miles current LFP range projected to increase to over 190 SSP miles range, a 73% increase, providing a superior, clean and safe... Read More
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To date, Mullen has delivered 121 Class 3vehicles for a total of $7,623,000 invoiced. Company focused and on track to deliver 150 vehicles by EOY 2023. Vehicles delivered are part of Randy Marion’s 1,000 Class 3 purchase order. BREA, Calif., Dec. 26, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN)... Read More
BREA, Calif., Dec. 22, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle manufacturer, announces today the Company achieved a production milestone on Dec. 13, 2023, with the 100 th Mullen THREE , Class 3 cab chassis electric truck, rolling off the assembly line in Tunica, Mississippi. As of Dec. 22, 2023, the Company has completed 125 Mullen... Read More
Vehicles have been invoiced for $2.5M. Vehicles delivered are part of Randy Marion’s 1,000 Class 3 vehicle purchase order. Class 3 production at the Tunica, Mississippi, facility is planned for 150 vehicles for the remainder of 2023. Total capacity for Class 3 planned at 3,000 vehicles annually per shift. BREA, Calif., Dec. 21, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the... Read More
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Company can now sell the Mullen ONE in every state throughout the U.S.; certification also opens the Mullen ONE to CARB state incentive programs CARB compliant states include: California, Connecticut, Colorado, Delaware, Maine, Maryland, Massachusetts, New Jersey, New Mexico, New York, Oregon, Pennsylvania, Rhode Island,... Read More
BREA, Calif., Dec. 19, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today shares an open letter to Mullen shareholders addressing its recent reverse stock split. Dear Mullen Shareholders: As most of you are aware by now, at the recently reconvened shareholders meeting held on Dec. 18, 2023, Mullen shareholders... Read More
BREA, Calif., Dec. 19, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle manufacturer, announced today that it will effect a 1-for-100 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.001 per share (“Common Stock”), that will become effective on December 21, 2023, at 12:01 a.m., Eastern Time. Mullen’s Common Stock... Read More
BREA, Calif., Dec. 15, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announced that its Special Meeting of Stockholders convened on December 15, 2023 was adjourned to December 18, 2023 at 9:30 a.m., Pacific Time. The Company has determined to adjourn the Special Meeting in order to provide additional time to... Read More
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BREA, Calif., Dec. 14, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces a Class 3 EV low cab forward delivery to NRTC Automation Group (“NRTC”) in Birmingham, Alabama. Mullen and NRTC originally announced... Read More
BREA, Calif., Dec. 08, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle manufacturer, in our continued effort to provide transparency of the Company’s actions, and to avoid confusion to our public market shareholders, today announces that it has filed a spoofing complaint on Dec. 6, 2023, in the United States District Court for the Southern... Read More
BREA, Calif., Dec. 06, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacture, today announces the Company has filed a complaint in the United States District Court for the Southern District of New York alleging that UBS Securities, LLC, IMC Financial Markets and Clear Street Markets, LLC (the “Defendants”) engaged in a market... Read More
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BREA, Calif., Dec. 04, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today new deliveries of the All-Electric Class 3, Mullen THREE, low cab forward chassis truck to Randy Marion Automotive Group (“RMA”) in... Read More
BREA, Calif., Dec. 04, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that it has hired Mark R. Basile, Esq. and his law firm, The Basile Law Firm P.C., to assist the Company in reviewing its current fundings and to make recommendations in developing its floorplan for future fundings. “Mullen is... Read More
Mullen and Rapid Response Defense Systems formally filed responses on Nov. 24, 2023, and expect confirmation and ruling within 45 days Mullen confirms vehicle and components have been substantially transformed by the addition of complex U.S. homologation, assembly and labor BREA, Calif., Nov. 27, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric... Read More
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Beginning Nov. 20, 2023, initial Class 3 vehicles to be delivered to Adventure Coast Rentals, Godotek and NRTC Automation Group Tunica assembly plant to ship next 40 completed vehicles, which are pre-sold and ready for RMA customers including Duke Energy, Merchants Fleet and MGT Leasing BREA, Calif., Nov. 16, 2023 (GLOBE... Read More
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New Fullerton, California, high-energy facility added to execute EV battery programs, including: Fullerton facility capable of producing 1 GWh/year Solid-state polymer BMS calibration for Class 1 EV cargo vans begins in December 2023, with testing of solid-state battery packs in Class 1 EV cargo vans in Q1 2024 110 miles... Read More
BREA, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces its achievement of a key milestone with full approval from the Environmental Protection Agency (“EPA”) that provides Mullen with the EPA’s Certificate of Conformity for Class 1 EV cargo vans on Nov. 2, 2023. Both Mullen’s commercial... Read More
BREA, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today shares an open letter to shareholders from CEO David Michery, providing updates on various matters and Company initiatives. Dear Shareholders: We have achieved meaningful strides since our last update to shareholders on Sept. 27, 2023. Recent... Read More
BREA, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that the Nasdaq Hearings Panel (“Panel”) has granted Mullen’s request to continue its listing on The Nasdaq Capital Market, subject to the following conditions: on or before Jan. 22, 2024, the Company must demonstrate compliance with... Read More
BREA, Calif., Oct. 23, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today an update on the lawsuit the Company filed on Aug. 29, 2023, in the United States District Court (“Court”), in the Southern District of New York, against TD Ameritrade, Charles Schwab, National Finance Services and others alleging that... Read More
BREA, Calif., Oct. 19, 2023 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive Inc. (Nasdaq: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today the Company has filed a preliminary proxy statement with the Securities and Exchange Commission (the “SEC”) regarding a special stockholders' meeting to be held on Dec. 15, 2023, (the “Special Meeting”) to authorize Mullen’s Board of... Read More
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BREA, Calif., Oct. 16, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today a commercial vehicle production update for both Class 3 EV cab chassis trucks and Class 1 EV cargo vans. As previously forecasted, the... Read More
BREA, Calif., Oct. 09, 2023 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today the appointment of Marianne McInerney as Chief Strategy Officer. In this key role, McInerney will focus on growth opportunities and drive strategic initiatives for Mullen’s commercial, consumer vehicles and governmental affairs.... Read More
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BREA, Calif., Sept. 28, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today the Company has delivered the first ten Class 3 EV Cab Chassis Trucks, invoiced at $630,000 to Randy Marion Automotive Group (“Randy... Read More
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BREA, Calif., Sept. 27, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today shares an open letter to shareholders from CEO David Michery, providing updates on various matters and company initiatives. Dear Shareholders:... Read More
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BREA, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces its achievement of a key milestone with full approval from the Environmental Protection Agency (“EPA”) with certification for Class 3... Read More
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EPA certification is a critical milestone to allow shipping vehicles to customers; Company’s first Class 3 EV Cab Chassis Trucks began rolling off the production line on Aug. 21, 2023 BREA, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging... Read More
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BREA, Calif., Sept. 21, 2023 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today the New York Power Authority (“NYPA” or the “Power Authority”) has purchased Mullen’s Campus Delivery Cargo Vans after successful... Read More
BREA, Calif., Sept. 19, 2023 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces the Company has received approval from the IRS, receiving its “qualified manufacturer” designation enabling qualification for commercial EV federal tax credits of up to $7,500 per qualified vehicle with gross vehicle weight ratings (GVWRs)... Read More
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BREA, Calif., Sept. 18, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the launch of Commercial Pulse , an advanced telematics solution for customers providing a complete solution for vehicle... Read More
BREA, Calif., Sept. 14, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces new stops for the 2023 “Strikingly Different” EV U.S. tour. The current tour includes a stop today, Sept. 14, 2023, in Charlotte, North Carolina, at Charlotte Motor Speedway. Up next will be Dover Motor Speedway on Sept. 18 and 19... Read More
BREA, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the purchase of battery pack production assets from Romeo Power for approximately $3.5 million. The deal includes equipment, inventory and intellectual property for high volume EV (electric vehicle) battery pack and module production.... Read More
BREA, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announced that it has requested a hearing before the Nasdaq Listing Qualifications Panel (“Panel”) to appeal the determination by the Listing Qualifications Department of The Nasdaq Stock Market (the “Staff”) and request a further... Read More
BREA, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announced that it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market (the “Staff”). The letter indicates that the Company did not meet the Staff’s Sept. 5, 2023, deadline to regain compliance with Nasdaq... Read More
David Michery, CEO and chairman of Mullen Automotive, appeared on ‘Making Money with Charles Payne’ on Fox Business on Thursday, Aug. 31, to discuss lawsuit against large brokerage firms for unlawful trading practices of the Company’s stock and other matters. BREA, Calif., Sept. 01, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”)... Read More
Brea, Calif., Aug. 29, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces an update on the Company’s stock buyback program with an additional repurchase of 2,000,000 in shares of its common stock. The buyback program started on Aug. 16, 2023, and can continue through Dec. 31, 2023. As of today’s date, the Company... Read More
Legal action alleges stock manipulation and unlawful stock trading practices CEO David Michery stated, “I am extremely frustrated that so many of our shareholders have suffered losses that we believe were caused in large part by unlawful trading activities in our stock.” BREA, Calif., Aug. 29, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle... Read More
BREA, Calif., Aug. 28, 2023 (GLOBE NEWSWIRE) -- IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today a multiunit vehicle purchase order with NRTC Automation Group (“NRTC”) to initially purchase three all-electric commercial Class 3 Mullen trucks with vehicle deliveries slated to begin in Q4 2023. NRTC, an Alabama-based company with... Read More
BREA, Calif., Aug. 24, 2023 (GLOBE NEWSWIRE) -- via IBN-- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer announces that it held its first Tunica open house event today, highlighting its first Class 3 EV trucks rolling off the assembly line. Today’s launch event was conducted to provide attendee’s the opportunity to visit Mullen’s Tunica facility. In... Read More
BREA, CAlif., Aug. 23, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today shares an open letter to Mullen shareholders addressing declining stock values. Dear Mullen Shareholders: The Company has received numerous requests to respond to the ongoing decline of our stock. Many of these communications have been... Read More
MullenAutomotive8 21 2023
GreenStockNews
BREA, Calif., Aug. 21, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the first production vehicle, the Mullen THREE, a Class 3 EV truck, has rolled off the line at Mullen’s commercial vehicle assembly... Read More
After tremendous success in 2022, the 2023 tour is a much larger scale opportunity to interact with Mullen’s expanded line-up of electric vehicles, including a Commercial EV Experience featuring the Mullen ONE and Mullen THREE, Consumer EV Experience featuring the Mullen FIVE and Mullen GT, and Racetrack Experience featuring the Ultra-High Performance Mullen FIVE RS. BREA, Calif., Aug. 18, 2023 (GLOBE NEWSWIRE) -- via IBN --... Read More
BREA, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the start of the Company’s $25 million stock buyback program with the repurchase of 3.7 million shares of common stock, which started on Aug. 16, 2023, and can continue through Dec. 31, 2023, for an aggregate of $3,626,000. David... Read More
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The Mullen FIVE RS EV Sport Crossover, featuring a top speed of over 200 mph and acceleration from 0-60 mph in under 2 seconds, will be highlighted on the upcoming “Strikingly Different” EV tour kicking off on Aug. 20, 2023, in Austin, Texas The FIVE RS is equipped with 800-volt architecture, all-wheel drive, a two-speed... Read More
BREA, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Mullen Automotive, Inc. (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced financial results for its fiscal third quarter for the three and nine months ended June 30, 2023. Recent Company Updates: The Board of Directors of the Company has authorized a stock buyback program, pursuant to which the Company may, until December 31, 2023, purchase up to... Read More
BREA, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle manufacturer, announced today that it will effect a 1-for-9 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.001 per share (“Common Stock”), that will become effective on August 11, 2023, at 12:01 a.m., Eastern Time. Mullen’s Common... Read More
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Class 3 vehicle production on track with vehicle assembly line active and initial vehicles nearing completion and on track for August and September customer deliveries BREA, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle... Read More
BREA, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces a 1 for 9 reverse split. The Company intends to begin repurchasing up to $25 million in shares through a stock buyback program after the filing of its 10-Q and upon expiration of its blackout period. “We believe the Company is highly... Read More
BREA, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that Bollinger Motors (“Bollinger”) received final approval from the state of Michigan for a $3 million grant aimed at promoting job creation in the state. In a unanimous decision, the Michigan Strategic Fund Board approved the... Read More
The partnership between Mullen and the Shoshoni tribe aligns with the tribe’s commitment towards a greener future and serves as a model for other tribes and organizations to follow BREA, Calif., July 24, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces a pilot program for its Mullen ONE Class 1 EV Cargo... Read More
BREA, Calif., July 20, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today a commercial EV launch event scheduled to be held on Aug. 24, 2023, to commemorate the first Class 3 vehicles rolling off the production line, ready for customer deliveries. The launch event will be held at Mullen’s commercial... Read More
DETROIT , July 18, 2023 /PRNewswire/ -- Today, Bollinger Motors announced the start of its "design validation" pilot builds of the B4 all-electric Class 4 chassis cabs for testing and demonstration. Manufacturing of the pilot vehicles has kicked off in partnership with Roush Industries, Inc. at its facility in Livonia, Michigan . The first five completed chassis cabs are expected to roll out this summer, with another 15+... Read More
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Initial purchase order valued at approximately $321K with subsequent orders anticipated to follow BREA, Calif., July 17, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today a 30-unit purchase order for the... Read More
BREA, Calif., July 14, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the transfer of Class 1 EV cargo van vehicles between its plants in Mishawaka, Indiana, and Tunica, Mississippi, for final assembly pursuant to customer orders. Activity on the class 1 vehicle program, including a showcase of the... Read More
BREA, Calif., July 13, 2023 (GLOBE NEWSWIRE) -- via IBN - Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer announces the launch of an EV pilot program with New York Power Authority (“NYPA”). On July 6, 2023, NYPA began testing Mullen’s EV Cargo Van, the all-electric Campus Delivery Utility Vehicle, at its location in upstate New York. New York Power... Read More
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PowerUP, Mullen’s Mobile EV Charging Truck, to be utilized on upcoming 2023 “Strikingly Different" EV Tour providing DC fast charge and level 2 charging to vehicles PowerUP available now for immediate sale on advance order basis for commercial applications such as roadside assistance, power utilities and emergency response... Read More
The Mullen FIVE EV Crossover will be back on tour this summer with more U.S. stops and additional EV vehicles, including the Mullen FIVE RS EV Sport Crossover, the Mullen GT Electric Sports Car, the Mullen ONE Class 1 Commercial EV Cargo Van, the Mullen THREE Commercial Class 3 Electric Truck and Bollinger B2 Pickup Truck BREA, Calif., July 10, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN)... Read More
Company believes stock is significantly undervalued and is trading at a significant discount to current cash position of approximately $235 million Buyback is authorized through Dec. 31, 2023 BREA, Calif., July 06, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that the Board of Directors (the "Board")... Read More
BREA, Calif., July 05, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen”or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today the company has retained Christian Attar, formally known as Christian Levine Law Group, and in partnership with Warshaw, Burstein, LLP, to combat naked short selling activities. Based on reports Mullen has received from ShareIntel, the... Read More
Revenue of $308,000 booked and recorded for quarter ending June 30, 2023 BREA, Calif., June 29, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen”or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today it has sold 22 EV cargo vans to the Randy Marion Automotive Group. The $308,000 is the company’s first recorded revenue and is being recognized in the quarter... Read More
Company is in its strongest financial position ever, with over $235 million in cash and cash equivalents, representing approximately 2 years of operating capital BREA, Calif., June 27, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that on June 23, 2023, its Series D investors exercised their final... Read More
Remaining investor option expires on June 30, 2023 Company assets are free and clear with the exception of $7.3M outstanding debt BREA, Calif., June 21, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today an investor financing moratorium for the balance of 2023 and that the Company has sufficient capital on... Read More
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BREA, Calif., June 20, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the integration of AI-powered PERSONA vehicle technology into its overall commercial and consumer vehicle lineups. PERSONA, originally... Read More
BREA, Calif., June 15, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today provides a business update letter to shareholders. Dear Shareholder, We want to respond to the many emails and calls regarding the decrease in our share price. Since March 31, 2023, our stock has declined 90% from $3.25 per share. On June 13,... Read More
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Phenix is one of California’s largest providers of work trucks, equipment and speciality truck bodies, working with long-term customers such as Southern California Edison, Southern California Gas, Los Angeles County Fire Department, SDG&E, USDA Forest Service and LA County Department of Public Works Majority of all commercial... Read More
BREA, Calif., May 25, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces successful completion of its inaugural participation at the Government Fleet Expo and Conference (“GFX”), the largest annual conference for public fleets in the nation. The 2023 GFX was held from May 22 – 25 at the Kay Bailey... Read More
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Amerit Fleet Solutions, a service and warranty provider for vehicle fleet programs, with over 1,800 service professionals, has partnered with Mullen to provide national fleet servicing in support of Mullen’s commercial vehicles, the Mullen CAMPUS EV Van, the Mullen ONE – Class 1 EV Cargo Van, and the Mullen THREE - Class 3 EV... Read More
BREA, Calif., May 18, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that its stock has traded above Nasdaq’s $1 minimum bid price requirement for 10 consecutive days. On Sept. 7, 2022, Nasdaq provided notice to the Company that, based on the previous 30 consecutive business days, the Company’s listed... Read More
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Vehicle production to begin in Tunica, MS, July 2023 with deliveries and revenue expected in August and September 2023 BREA, Calif., May 17, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces vehicle production... Read More
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The first Mullen Class 3 truck arrives at Mullen’s dealer partner, Randy Marion Automotive, for customer test drives and demonstrations. BREA, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today... Read More
BREA, Calif., May 15, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces a financial update for its fiscal second quarter for the three and six months ended March 31, 2023. Financial Results Cash used in operating activities was $67.6 million, and cash flows used in investing activities was $97.4 million... Read More
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Testing and installation planned for completion on a total of 40 vehicles over the next few weeks BREA, Calif., May 15, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today issues an update on the pilot program contract... Read More
Company updates stockholders on factory activities in Mishawaka, IN, and Tunica, MS, Mullen Advanced Energy Operations, Bollinger Motors Commercial Vehicles 4-6, Mullen Commercial Vehicles Class 1&3 and Mullen FIVE EV Crossover Program BREA, Calif., May 15, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces... Read More
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MGT Lease Company, a growing commercial vehicle sales and leasing company with annual revenue of over $70 million in 2022 and $100 million projected for 2023, signs vehicle purchase agreement for 250 class 3 cab chassis EV trucks. Vehicles slated for delivery commencing in August 2023, with complete fulfillment of the purchase... Read More
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Mullen, in receipt of purchase order from Randy Marion Automotive Group, announces customer vehicle pricing for the Class 1 EV Cargo Van with starting price of $34,500 and the Class 3 EV Cab Chassis Trucks at $68,500 19 EV Cargo Vans have been delivered to date, with 20 additional deliveries targeted for May 2023. Purchase... Read More
BREA, Calif., May 03, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle manufacturer, announced today that it will effect a 1-for-25 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.001 per share (“Common Stock”), that will become effective on May 4, 2023, at 12:01 a.m., Eastern Time. Mullen’s Common Stock will... Read More
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Company provides update on manufacturing activities in Mishawaka, IN, and Tunica, MS, Energy Programs, Bollinger Motors, Mullen Commercial Vehicles, EV Cargo Vans, Class 1 and 3, Mullen-GO and Mullen FIVE EV Crossover Program Company also updates on manufacturing and vehicle programs, including Class 3 EV trucks rolling off... Read More
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Purchase order for $63 million for the procurement of 1,000 Class 3 EV low cab forward trucks. Class 3 vehicle deliveries commencing in August 2023. BREA, CA / ACCESSWIRE / May 2, 2023 / (via IBN) -- Mullen Automotive, Inc . (NASDAQ:MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, today... Read More
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BREA, Calif., May 01, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces a second order of eight EV cargo vans purchased by the University of North Carolina at Charlotte (“UNC Charlotte”), which will begin... Read More
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BREA, Calif., April 28, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today issues an update on testing and installation of Energy Management Modules (“EMM”) on 40 Chevrolet Bolts within the Washington, D.C., city... Read More
BREA, Calif., April 28, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that it is taking certain affirmative steps in light of the extraordinary trading volume and evidence of unusually high levels of failure to deliver on short sales as reported to the U.S. Securities and Exchange Commission. These... Read More

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