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MULLEN AUTOMOTIVE (NASDAQ: MULN) STOCK QUOTE

Last Trade: US$1.21 0.02 1.68
Volume: 1,664,259
5-Day Change: -30.46%
YTD Change: -91.53%
Market Cap: US$10.680M

LATEST NEWS FROM MULLEN AUTOMOTIVE

On Dec. 17, 2024, Mullen Automotive submitted a modified plan to the DOE that incorporates its facilities in Mishawaka, Indiana, and Fullerton, California, for U.S.-based battery and pack production. Mullen is in position to transition to manufacturing and assembly of high-voltage and low-voltage battery systems in the United States. Mullen has made substantial investments and strategic decisions that underscore the... Read More
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Company has reduced monthly burn from $16.8M in August 2024 to $11.8M in September 2024 and to $5.3M in October and November 2024 Since Sept. 30, 2024, Mullen has sold and delivered 57 Class 3 and 43 Class 1 EV cargo vans and trucks for a total of 100 vehicles and $ 5.5 million; these numbers exclude sales and expenses by... Read More
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BREA, Calif., Dec. 12, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that its subsidiary, Bollinger Motors (“Bollinger”), has delivered its first 25 B4 trucks, with a retail sales value of approximately $4.1... Read More
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Addition of Respected Commercial Dealer Group Increases Bollinger Motors' National Dealer Network to Over Fifty Locations OAK PARK, Mich. , Dec. 11, 2024 /PRNewswire/ -- Bollinger Motors , Inc. , a commercial electric vehicle ("EV") manufacturer, has named Bergey's Truck Centers as an official Bollinger Motors dealer. Bergey's... Read More
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Addition of respected commercial group, with dealerships in Delaware, Maryland, New Jersey and Pennsylvania, increases Bollinger Motors’ national dealer network to over 50 locations BREA, Calif., Dec. 11, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle... Read More
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OAK PARK, Mich. , Dec. 9, 2024 /PRNewswire/ -- Bollinger Motors, Inc. , a commercial electric vehicle ("EV") manufacturer, has named St. Louis -based Broadway Ford Truck Center as an official Bollinger Motors dealer, strengthening Bollinger Motors' Midwest presence. "Our partnership with Broadway Ford Truck Center in St. Louis... Read More
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Broadway Ford Truck Center is a great addition to Bollinger’s growing dealer network Broadway to play a key role in strengthening Bollinger’s Midwest presence BREA, Calif., Dec. 09, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer,... Read More
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Initial vehicle order includes 10 Class 3 EV trucks and is fulfilled by Mullen’s newest franchise dealer, Papé Group For more than 40 years, Associated Coffee has been a leading provider of superior office coffee service and refreshments across the San Francisco Bay Area BREA, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- via IBN... Read More
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BREA, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announced today that its subsidiary, Bollinger Motors (“Bollinger”), has received a follow-on order for seven all-electric 2025 Bollinger B4 trucks from TEC... Read More
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Emerald is a leading commercial vehicle manufacturer and seller of refrigerated trucks and vans The refrigerated Class 3 EV box truck opens new rapidly expanding categories for home delivery, frozen food, grocery and beverage transportation BREA, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc.... Read More
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Anticipated start of production to begin in mid-2025 To date, Mullen has installed three battery lines at its Fullerton facility and planned for an additional two lines High volume standard battery chemistry line High precision, low volume standard chemistry R&D line A high precision, low volume solid-state polymer R&D line An... Read More
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Company announces commercial Class 1 EV cargo vans purchased and delivered to two leading California universities in Los Angeles and Berkeley This order follows other college campus orders from Princeton University, University of Virginia (UVA) and University of North Carolina (UNC) Mullen’s commercial EV lineup aligns with... Read More
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Under HVIP, the Bollinger B4 electric truck, with a suggested MSRP of $158,758 , now qualifies for a rebate of up to $60,000 When combined with the available $40,000 federal tax credit, the net effective cost of the Bollinger B4 would be less than $60,000 OAK PARK, Mich. , Nov. 18, 2024 /PRNewswire/ -- Bollinger Motors , Inc.... Read More
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Under HVIP, the Bollinger B4 electric truck, with a suggested MSRP of $158,758, now qualifies for a rebate of up to $60,000 When combined with the available $40,000 federal tax credit, the net effective cost of the Bollinger B4 would be less than $59,000 BREA, Calif., Nov. 18, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen... Read More
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Bollinger B4 Class 4 Electric Trucks Provide Electrification Solution Through NAFG Sourcewell Contract Agreement OAK PARK, Mich. , Nov. 15, 2024 /PRNewswire/ -- Bollinger Motors , Inc., a commercial electric vehicle ("EV") manufacturer, today announced it has partnered with National Auto Fleet Group (NAFG) to sell its... Read More
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BREA, Calif., Nov. 15, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces it has partnered with National Auto Fleet Group (“NAFG”) to sell its all-electric, Class 4 Bollinger B4 commercial trucks to government agencies... Read More
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BREA, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today its Class 1 EV cargo van, the Mullen ONE, is now listed for vehicle rental on Turo , the world’s largest vehicle sharing marketplace. Parasol... Read More
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NYTVIP, other Northeast state incentives can provide up to an additional $100,000 credit to Bollinger Motors customers OAK PARK, Mich. , Nov. 7, 2024 /PRNewswire/ -- Bollinger Motors today announced it is now eligible for New York state's New York Truck Voucher Incentive Program (NYTVIP), an incentive for commercial electric... Read More
BREA, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that its subsidiary, Bollinger Motors (“Bollinger”), is now eligible for New York State’s New York Truck Voucher Incentive Program (“NYTVIP”), an incentive for commercial electric vehicles from the New York State Energy and Research Development... Read More
BREA, Calif. , Oct. 31, 2024 /CNW/ -- Mullen Automotive Inc. (NASDAQ: MULN) today provided notice of proposed settlement of derivative actions and settlement hearing. UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA IN RE MULLEN AUTOMOTIVE, INC. DERIVATIVE LITIGATION Case No. CV 22-5336-DMG (AGRx) NOTICE OF PROPOSED DERIVATIVE SETTLEMENT TO: ALL RECORD HOLDERS AND BENEFICIAL OWNERS OF THE COMMON STOCK OF MULLEN... Read More
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Deliveries of Bollinger B4 continue, with electric trucks to TEC Equipment OAK PARK, Mich. , Oct. 30, 2024 /PRNewswire/ -- Bollinger Motors today announced it has made its first customer delivery on the West Coast, sending three 2025 Bollinger B4 Chassis Cabs to TEC Equipment's dealerships in Lacey, Washington ; Fontana,... Read More
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BREA, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announced today that its subsidiary, Bollinger Motors (“Bollinger”) has made its first customer delivery on the West Coast, sending three 2025 Bollinger B4... Read More
BREA, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (Nasdaq: MULN), an electric vehicle (EV) manufacturer, today announces that Robert Bollinger, founder of Bollinger Motors, has provided Bollinger with $10 million in non-dilutive debt financing to support Bollinger’s production ramp-up and sale of the B4, Class 4 EV truck. “Thanks to the incredible achievements of this hardworking team our... Read More
Mullen will continue its listing on The Nasdaq Capital Market Nasdaq Panel hearing previously scheduled for Nov. 14, 2024, has been cancelled BREA, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (Nasdaq: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces that on Oct. 16, 2024, the Company received formal notice from The Nasdaq Stock Market LLC (“Nasdaq”)... Read More
BREA, Calif., Oct. 14, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces it will establish Mullen Credit Corporation (“MCC”) aimed at supporting its expanding dealership network with vehicle floor planning. Additionally, MCC will provide fleets and small business customers with attractive financing options. Mullen... Read More
Company expects $75M in GAAP revenue over the next six months from sales pipeline and pilot programs Mullen will immediately reduce overall monthly spend (operating and investing cash flows) from $12.8M to $7.3M Expense cuts are driven by 20% reduction in headcount, program eliminations and facility consolidations Revenue and associated gross margin growth will further reduce cash requirements Company has three vehicle lines... Read More
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First Bollinger B4 delivery includes nearly $800,000 in sales value Revenue from these vehicles to be recognized in current quarter financials LAVERGNE, Tenn. , Oct. 3, 2024 /PRNewswire/ -- Bollinger Motors , Inc. ("Bollinger Motors"), a commercial electric vehicle ("EV") manufacturer, announced today the first customer... Read More
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First deliveries of Bollinger B4 electric trucks to Nacarato Truck Centers with a value of $800,000 First revenue recognized for three months ended Sept. 30, 2024, with wire transfer payment received on Sept. 30, 2024 BREA, Calif., Oct. 03, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or... Read More
For quarter ended Sept. 30, 2024, Company expects to report approximately $4.5 million in revenue compared to $65,235.00 reported in quarter ended June 30, 2024, an increase of 6791% compared to prior quarter Mullen reported a monthly cash burn (operating and investing cashflows) of $12.8 million for the quarter ended June 30, 2024, as compared to a monthly cash burn of $18.1 million for the quarter ended March 31, 2024,... Read More
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Papé’s vehicle purchase includes 43 Class 3 EV trucks and 7 Class 1 EV cargo vans Papé is Mullen’s seventh commercial EV dealer and includes 30 commercial sales and service locations across the Western U.S. BREA, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the... Read More
David Michery, CEO and chairman, shares a Company update, including sales activities with existing and new companies resulting in new sales opportunities and vehicle orders received and or completed Company financing in place to support sales growth through a $100M preferred instrument and $150M fully available equity line BREA, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN)... Read More
Video will be made available on Tuesday, Sept. 24, 2024, at 9 a.m. Eastern via MullenUSA.com BREA, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces a forthcoming video update for shareholders, provided by Mullen CEO and chairman, David Michery. The Company is planning to release the video... Read More
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Employees, Suppliers, Government Leaders Share Historic Bollinger B4 Vehicle Launch LIVONIA, Mich. , Sept. 23, 2024 /PRNewswire/ -- It's not every day a start-up vehicle manufacturer gets to celebrate its ascension to full-fledged Original Equipment Manufacturer (OEM). For Bollinger Motors, that day came on Friday, Sept. 20 ,... Read More
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Employees, suppliers, government leaders share historic Bollinger B4 vehicle launch Bollinger B4 electric truck entirely assembled in the USA and in partnership with Roush Industries BREA, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an electric... Read More
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Mullen technical and sales team present in Dubai this week for delivery of first EV vehicles Mullen Automotive, working in conjunction with independent company, VoltiE Group, a Miami, Florida-based EV charging company, are collectively providing EV vehicles and charging equipment to Volt Mobility, a GCC-based vehicle transport... Read More
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The 2025 B4 buyers can qualify for more than $100,000 in state and federal incentives on all-new, all-electric Class 4 truck OAK PARK, Mich. , Sept. 18, 2024 /PRNewswire/ -- Bollinger Motors , Inc. ("Bollinger Motors"), a commercial electric vehicle ("EV") manufacturer, announced today that the 2025 Bollinger B4 Chassis Cab... Read More
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BREA, Calif., Sept. 18, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that its subsidiary, Bollinger Motors (“Bollinger”), has released pricing for the 2025 Bollinger B4 Chassis Cab with a Manufacturers Suggested... Read More
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Papé Group, which includes Papé Kenworth, consists of five operating companies with over 150 locations in nine states and 85 cities with over 815 service bays and 1,500 technicians Papé Kenworth is Mullen’s newest commercial EV dealer and seventh new retailer announced in recent months BREA, Calif., Sept. 17, 2024 (GLOBE... Read More
BREA, Calif., Sept. 13, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) 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 Sept. 17, 2024, at 12:01 a.m. Eastern Time. The Common Stock will... Read More
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Storied Dealership Group Brings the All-Electric Bollinger B4 to Four Sales and Service Locations in the Central Valley of California OAK PARK, Mich. , Sept. 11, 2024 /PRNewswire/ -- Bollinger Motors , Inc. ("Bollinger Motors"), a commercial electric vehicle ("EV") manufacturer, has named Affinity Truck Center as an official... Read More
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Affinity has served California’s transportation needs since 1980 and has built longstanding relationships with local businesses and continues to provide California’s Central Valley with superior equipment and services Affinity Truck Center is a California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project... Read More
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Certification opens the Bollinger B4 EV truck to federal and state incentive programs totaling $100,000 in potential savings OAK PARK, Mich. , Sept. 9, 2024 /PRNewswire/ -- Bollinger Motors, Inc. ("Bollinger Motors"), a commercial electric vehicle ("EV") manufacturer, today announced it achieved certification from the... Read More
BREA, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that its subsidiary, Bollinger Motors (“Bollinger”), has achieved a key commercial EV milestone with its B4 all-electric, Class 4 low cab forward chassis truck, receiving certification from the California Air Resources Board (“CARB”).... Read More
Partnership Establishes All-Electric Bollinger B4 Truck as Part of New TCD Client Solution OAK PARK, Mich. , Sept. 5, 2024 /PRNewswire/ -- Bollinger Motors, Inc., a commercial electric vehicle ("EV") manufacturer, today announced it has reached an agreement to partner with Texas Consulting & Development LLC (TCD) to supply Bollinger B4 Class 4 trucks as part of TCD's new, bundled service offering to ports and other related... Read More
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BREA, Calif., Sept. 05, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that its subsidiary, Bollinger Motors (“Bollinger”), has reached an agreement to partner with Texas Consulting & Development, LLC (“TCD”) to... Read More
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BREA, Calif., Sept. 04, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc . (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the shipment of initial vehicles under a significant $210 million purchase contract with Volt Mobility (“Volt”), based in the United Arab... Read More
OAK PARK, Mich. , Aug. 29, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric commercial vehicle ("EV") manufacturer, has named TEC Equipment, Inc. as an official Bollinger Motors dealer. The addition of sales and service provided by select TEC Equipment locations expands Bollinger Motors commercial sales and service network westward, with the following participating TEC Equipment locations: Sales & service Locations:... Read More
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Expands Sales and Service Network with 20 locations across all key markets in the Western United States TEC Equipment represents franchises from Volvo, Mack Trucks and Wabash Trailers with focus along the I-5 corridor , traveling through major cities in California, Oregon and Washington BREA, Calif., Aug. 29, 2024 (GLOBE... Read More
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Mullen to receive initial $3 million deposit and will begin shipping first vehicles immediately Volt, a leading UAE-based commercial leasing company with clients including UPS, DHL and FedEx, to purchase 3,000 EV cargo vans and trucks over the next 16 months BREA, Calif., Aug. 26, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen... Read More
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First Deliveries of Commercial EV Trucks Begin in October 2024 OAK PARK, Mich. , Aug. 21, 2024 /PRNewswire/ -- Bollinger Motors , Inc. , an electric commercial vehicle ("EV") manufacturer, today announced it will begin production of saleable units of the Bollinger B4 Chassis Cab on Sept. 16, 2024 . The announcement was made by... Read More
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BREA, Calif., Aug. 21, 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 (“Bollinger”), is planning to begin production of saleable units of the Bollinger B4 Chassis Cab on Sept. 16,... Read More
MullenAutomotive8 19 2024
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Mullen's commercial EV lineup supports higher education campuses in achieving greenhouse gas reduction goals First Mullen THREE, Class 3 EV order includes box truck with liftgate upfit to support Princeton’s facilities operations unit for on campus usage BREA, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen... Read More
Positive stockholders’ equity of $53 Million as of June 30, 2024 Total assets of $192 Million as of June 30, 2024 BREA, Calif., Aug. 12, 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 nine months ended June 30, 2024, and a business update. Commenting on the results for the three... Read More
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Mullen announces commercial Class 1 EV delivery to the University of Virginia (UVA) Sustainable Fleet Department University of Virginia makes follow-on purchase of Mullen’s commercial vehicles following first UVA purchase from 2023 This UVA order follows on the heels of the recently announced significant $7.7 million,... Read More
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Eco to purchase 130 Class 1 EV cargo vans and 50 Class 3 EV trucks over the next 18 months for an estimated value of $7.7 million, with new deliveries beginning in September 2024 Mullen expands its East Coast reach into Pennsylvania, Connecticut, Rhode Island, New Hampshire, Maine and Vermont through Eco Auto BREA, Calif.,... Read More
Taylor also retains role as SVP of Global Manufacturing for Mullen Automotive In 2010, John joined Tesla and was one of the first 50 employees, leading the advanced manufacturing engineering group. Taylor played a critical role in opening Tesla’s Fremont facility and manufacturing operations for the Tesla Model S and architecture for future EV projects BREA, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen... Read More
Company total assets are expected to be approximately $191.4 million as of June 30, 2024, and will be reported in the Company’s quarterly report to be filed on or about Aug. 12, 2024 Company cash on hand exceeds current market capitalization Mullen has achieved all federal and state regulatory requirements for Class 1 and Class 3 commercial vehicles and is actively manufacturing and selling Class 1 and Class 3 commercial... Read More
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3-year lease option, starting at $475 per month plus applicable taxes and fees, includes scheduled vehicle maintenance bizEV lease program created with focus on individuals, small businesses and fleets available through Mullen authorized dealers BREA, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc.... Read More
SEUS-CP alliance is a strategic trade and investment-focused partnership between six southeastern U.S. states and six Canadian provinces Mississippi, home to Mullen’s commercial EV manufacturing, is hosting the 2024 SEUS-CP from Aug. 4-6 in Biloxi, Miss., with a focus on Advance Manufacturing for Electric Vehicle and Aerospace Technology BREA, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc.... Read More
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Vehicles currently in use on Intel’s technology campus in Chandler, Arizona, for mail and package delivery; plans for additional vehicle orders to follow Randy Marion Automotive in receipt of payment in full and delivery has been made on four Mullen CAMPUS EV cargo vans DB Schenker, founded in 1872, is a global leader with... Read More
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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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