Mullen Automotive Inc. MULN Archives - Page 7 of 28

MondayFeb 05, 2024 12:58 pm

QualityStocksNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports on Production and Deliveries, Moves Forward with Production Line Installation

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting “great strides” with the production and deliveries of its Class 1 and Class 3 commercial EVs. In addition, the company is reporting that its subsidiary, Mullen Advanced Energy LLC, "), is moving forward with the installation of its battery-pack production line at its new 122,000-square-foot, high-energy facility in Fullerton, California. The company announced the new facility in November 2023; the new facility is dedicated to producing next-generation, American-made EV battery components, modules and packs. “We are steadfastly focused on production, production, production,” said Mullen Automotive CEO and chair…

ThursdayFeb 01, 2024 1:14 pm

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Poised with First-Mover Advantage in Class 1 and Class 3 Commercial Vehicles

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it continues to capitalize on its first-mover advantage in the U.S. market with production and deliveries of its Class 1 EV cargo vans and Class 3 EV trucks. Mullen began Class 3 vehicle production in August 2023 and Class 1 production in November 2023, with first vehicle deliveries in September 2023 and December 2023, respectively. “While many of the OEMs and new EV companies have launched their EVs with significant losses, Mullen is out-of-the-gate with a positive gross profit margin per vehicle,” said David Michery, CEO and…

TuesdayJan 30, 2024 1:37 pm

QualityStocksNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Expands Sales Dominican Republic, Caribbean Markets with Grupo Cavel Order

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received a vehicle order from Grupo Cavel for the sale of EVs its Electric Motors dealerships located in the Dominican Republic and Caribbean. The order was for 20 CAMPUS EV cargo vans. According to the announcement, Grupo Cavel plans to order additional vehicles and will be establishing a sales and service distribution channel for Mullen’s lineup of commercial EVs in the two countries. Grupo Cavel is a key retail automotive group in the Dominican Republic and has existing relationships in vehicle sales, distribution, warranty and servicing throughout the Caribbean.…

MondayJan 29, 2024 12:02 pm

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

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has reached a commercial electric-vehicle milestone: its all-electric Class 3 low cab forward chassis truck has received certification from the California Air Resources Board (“CARB”), which means the vehicle meets specific emissions standards in compliance with CARB regulations. The certification means the vehicle qualifies for important state incentive programs, including an opportunity with California’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (“HVIP”) project. The HVIP project offers a rebate of up to $45,000 and, when combined with the $7,500 federal tax credit, totals a net effective cost of less than $20,000…

ThursdayJan 25, 2024 10:02 am

QualityStocksNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Received Official Notice from NASDAQ, Regains Compliance with Minimum Bid Price Requirement

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has regained compliance with NASDAQ’s minimum-bid price requirement. The company has officially received notice of the status change from the NASDAQ Stock Market LLC. The notice confirmed that Mullen regained compliance with NASDAQ Listing Rule 5550(a)(2) and will continue to be listed and traded on the NASDAQ Capital Market. The announcement also noted that the NASDAQ Hearings Panel has given the company until March 8, 2024, to demonstrate compliance with NASDAQ Listing Rule 5620(a), which is the annual shareholder meeting requirement. Mullen has scheduled its Annual Meeting of Stockholders for…

WednesdayJan 24, 2024 12:39 pm

QualityStocksNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) 1,000-HP EV Crossover Showcased in CarBuzz Article

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, was featured in a recent CarBuzz article that highlighted the company’s “world-beating” EV crossover, the Mullen FIVE RS. “A company called Mullen Automotive just showed up to CES 2024 with an electric performance crossover that is bound to grab some headlines. It’s called the Mullen FIVE RS, based on a crossover called the Mullen FIVE, and it boasts some world-beating specifications that could shock the likes of Porsche and even Tesla,” the article reads. “Mullen provided CarBuzz with a tantalizing spec sheet featuring some key numbers: more than 1,000 horsepower,…

TuesdayJan 23, 2024 11:56 am

QualityStocksNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Super-Crossover Five RS Spotlighted in AutoCar Article

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, and its just-announced Five RS is being featured in a recent AutoCar article. Mullen revealed a prototype of the car at last week’s Consumer Electronics Show (“CES”) in Las Vegas. According to the article, the 1000bhp electric super-crossover designed to go up to 200 mph will likely be a rival to the Tesla Model X Plaid and Lucid Air Dream Edition. The article noted that Mullen CEO David Michery “gave few technical details away at the car's unveiling but did confirm that the RS features a twin-motor, four-wheel-drive powertrain and 800V charging architecture that is said…

MondayJan 22, 2024 11:50 am

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers 130 Additional Class 1 EV Cargo Vans to RMA

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it has delivered 130 additional Mullen ONE, Class 1 EV cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”). To date, the company has delivered 230 Mullen ONEs with a total invoiced amount of $7,736,150 as part of the initial 1,000 vehicle purchase order from RMA. Based in Charlotte, North Carolina, Randy Marion is one of the top commercial dealer groups in the U.S. Production for the Class 1 is based out of Tunica, Mississippi, which is home to Mullen’s commercial vehicle assembly for both…

FridayJan 19, 2024 2:56 pm

QualityStocksNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Majority-Owned Bollinger Motors Receives Orders Valued at ~$6M

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its majority-owned Bollinger Motors has received vehicle orders for 40 B4, Class 4 EV trucks, valued at a total of approximately $6 million. According to the announcement, the company anticipates the 100% American-made Bollinger B4 chassis cab to begin production in mid-2024. The truck is expected to be eligible nationwide for a federal purchasing incentive of 30% of the cost of the vehicle, up to a total of $40,000, through the Inflation Reduction Act of 2022. The announcement noted that the purpose-built Bollinger B4 commercial trucks, which…

ThursdayJan 18, 2024 1:33 pm

QualityStocksNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Sporty Five RS Featured in Recent CarScoops Article

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, and its just-announced Five RS is being spotlighted by CarScoops. Mullen unveiled the high-performance version of its crossover at the Consumer Electronics Show (“CES”) in Las Vegas, and CarScoops notes that the model has an intriguing design, big performance claims and a production date set for late 2025. The article pointed out key features of Mullen’s latest offering, including its fast-charging capabilities, integrated infotainment system, artificial intelligence (“AI”)-based personal assistance called Persona, facial recognition technology and level 2+ driver assistance tech. “Although seeing EVs with impressive performance figures is nothing…

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