Mullen Automotive Inc. MULN Archives - Page 5 of 28

ThursdayJun 13, 2024 9:00 am

Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Announces First Dealership Deal in Market Projected to See Record Sales

Bloomberg analyst projects 2024 EV sales in the U.S. at nearly 2 million units, making up 13% of new-car purchases Mullen subsidiary inks first commercial dealership agreement with LaFontaine Automotive Group Bollinger Motors expects to start delivering the Bollinger B4 later this year While some headlines in the past few months make it seem like the electric vehicle market is in trouble, a recent “Car and Driver” article forecasts that EV sales are just getting started. Mullen Automotive (NASDAQ: MULN), an emerging EV manufacturer, appears to support that projection, with the recent announcement that its subsidiary, Bollinger Motors, has entered a…

MondayJun 10, 2024 11:19 am

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Enters Key Northeast Hub with Addition of New England Area Dealer

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announced the addition of zero-emissions commercial vehicle dealership, Eco Auto, a Boston, Massachusetts-area dedicated EV dealer. As Mullen’s newest franchise dealer, Eco Auto will cover national fleet opportunities for the company’s full line of commercial electric vehicles with particular focus on the regional New England area. According to the announcement, Eco Auto’s initial vehicle order includes 10 Mullen ONE, Class 1 EV cargo vans, and 3 Mullen THREE, Class 3 EV cab forward EV trucks. “The New England area is a key Northeast hub for commercial fleet companies and one…

MondayJun 10, 2024 9:45 am

Mullen Automotive Inc. (NASDAQ: MULN) Class 3 EV Truck Receives CARB Certification, Joins Class 1 EV Van in Meeting Stringent Emission Standards

CARB certification is awarded to vehicle manufacturers that meet specific emissions standards in compliance with CARB regulations CARB is charged with protecting public from harmful effects of air pollution, developing programs and actions to fight climate change “Having both our Class 1 and Class 3 commercial EVs now CARB and EPA certified will continue to drive sales in all states across America,” says Mullen CEO With environmental concerns becoming an increasing priority, more states, companies, and consumers are paying attention to — and prioritizing — environmentally friendly products and practices. Mullen Automotive (NASDAQ: MULN), an emerging EV manufacturer, shares this commitment to…

FridayMay 31, 2024 3:14 pm

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Appoints VP over EMEA, Reports First European Orders

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has announced a new position to lead Europe sales efforts. The company has named Alain Van Munster as its new vice president of Europe Middle East and Africa (“EMEA”); Alain has spent more than 25 years in the automotive and fleet industries across Europe, Asia and South America, including serving in positions with Copart and Manheim. The company also reported that its first European orders included 93 vehicles, comprised of 40 all-electric Mullen-GO urban delivery vehicles delivered to GAMA in Serbia and 53 commercial vans and trucks sent to Antidoto SA,…

TuesdayMay 28, 2024 3:12 pm

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Developing Zero-Emissions Version of Its PowerUP Mobile EV-Charging Truck

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, is developing a zero-emissions version of its mobile EV-charging solution, PowerUP. The solution will be available on Mullen’s Class 3 all-electric cab chassis truck. According to the announcement, PowerUp provides increased versatility and 100% zero emissions power generation that can deliver on-demand, mobile DC fast-charging. The company noted that the shift to a 100% zero-emission model represents its commitment to sustainable transportation solutions while also meeting overwhelming market demand for zero-emission options in the mobile EV-charging space. First introduced in 2023 as a mobile EV-charging truck, the original model utilized a…

FridayMay 24, 2024 12:38 pm

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces GAMA as First Distributor for the Balkans Region of Southeastern Europe

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced GAMA as a new European distribution partner. GAMA will offer the company’s full commercial EV product lineup in the Balkans Region of southeastern Europe, which includes Bosnia Herzegovina, Serbia, Montenegro, Croatia, Slovenia, Macedonia, Albania, Greece and Bulgaria. GAMA’s initial vehicle order includes 53 commercial EVs, consisting of urban delivery vehicles and commercial vans and trucks. According to the announcement, GAMA has extensive experience with EVs in the Balkan market and has distributed over 300 vehicles in the last year including private and municipal sales. “This is part of…

TuesdayMay 14, 2024 2:56 pm

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces $150 Million Financing Commitment Covering Commercial Sales Efforts, Capital Needs for Next 13 Months

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has received a $100 million financing commitment from a family office; the company has also sold up to an additional $50 million of senior secured convertible notes to family offices and high net worth investors. According to the announcement, this $150 million capital infusion allows Mullen and Bollinger to operate and expand domestic and international commercial sales efforts as well as meet its capital needs over the next 13 months. This news comes on the heels of several advancements announced by the company, including California Air Resource Board (“CARB”) HVIP approval…

ThursdayApr 25, 2024 3:44 pm

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Receives CARB Certification for 2025 Class 3 EV Truck

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is announcing the receipt of certification from the California Air Resources Board (“CARB”) for the 2025 Millen THREE, a Class 3 all-electric low cab forward chassis truck. A copy of Mullen’s 2025 Class 3 CARB certification can be found on MullenUSA.com. The announcement noted that this new CARB approval follows the 2024 Model Year CARB certification for Mullen THREE, received in January 2024. The certification is awarded to vehicle manufacturers who meet specific emissions standards in compliance with CARB regulations. CARB certification opens the Mullen THREE to critical state EV…

MondayApr 22, 2024 2:24 pm

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Marks Phase One Completion of Battery Line Integration

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the first phase completion of battery line integration at its high energy facility located in Fullerton, California. According to the announcement, the southern California facility is dedicated to producing next-generation American-made EV battery packs, a critical component to Mullen’s commitment to zero emissions and to reducing reliance on key battery components imported from foreign countries. “Our new battery assembly plant is not just an investment in Mullen Automotive's future, but also a testament to our commitment towards U.S. battery production,” said David Michery, CEO of Mullen Automotive. “Battery…

MondayApr 08, 2024 2:58 pm

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Streamlines Operations to Focus on Commercial Segment

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that the company has initiated significant cost reduction and consolidation measures, aligning budget to current conditions. Actions are expected to drive an estimated $170 million reduction in Mullen’s operating and investing cash flow expenses over the next 12 months when compared to operating and investing cash flows for the 12 months ended Sept. 30, 2023. The company is making these changes to refine business operations and better align focus on the commercial EV segment that has opportunity to drive near term revenue for Mullen, including projected April sales…

Site Search

Company Search

Tag: Mullen Automotive Inc. MULN