Mullen

Mullen Announces Development of Zero-Emissions, All-Electric PowerUP Mobile EV Charging Truck

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Martedì, Maggio 28, 2024
Transport, EV, Hospital, Gasoline, Power-up, Mullen, Acquisition, IBN, Mullen Technologies, AC, ZERO

BREA, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the development of a ZERO-EMMISSIONS version of PowerUP, Mullen’s mobile EV charging solution, that will now be offered on the Company’s own Class 3 all-electric cab chassis truck.

Key Points: 
  • 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 sustainable transportation solutions, while aligning with the overwhelming market demand for zero emissions options in the mobile EV charging space
    BREA, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN ) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the development of a ZERO-EMMISSIONS version of PowerUP, Mullen’s mobile EV charging solution, that will now be offered on the Company’s own Class 3 all-electric cab chassis truck.
  • The new zero-emissions PowerUP mobile charging truck represents a strategic pivot from the previously announced model which utilized a gasoline Class 5 cab chassis platform and a dual-fuel (propane/natural gas) power generation unit.
  • This shift to a 100% zero-emission model reflects Mullen's commitment to sustainable transportation solutions and aligns with the overwhelming market demand for zero-emission options in the mobile EV charging space.
  • Additionally, Mullen’s acquisition of battery pack production assets from Romeo Power significantly accelerates the development of PowerUP as a battery based mobile charging solution.

Mullen Continues Commercial EV Dealer Expansion in Midwest with Ziegler Truck Group and Pacific Northwest with Range Truck Group

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Mercoledì, Maggio 15, 2024
Partnership, EV, Ziegler, HVIP, Sale, RTG, Mullen, EVS, ZTG, Pacific Northwest, IBN, Mullen Technologies, Agriculture

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 Truck Group (“Range” or “RTG”), a part of the Ziegler Companies distribution network.

Key Points: 
  • 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 Truck Group (“Range” or “RTG”), a part of the Ziegler Companies distribution network.
  • As Mullen’s new franchise partners, RTG and ZTG will cover national and regional fleet opportunities for Mullen commercial EVs with a focus on the Pacific Northwest and upper Midwest regions of the United States.
  • With a 110-year legacy of selling and servicing premier brands in construction and agriculture equipment, Ziegler and Range Truck Group, independent entities as part of the Ziegler Companies portfolio, are focused on delivering advanced infrastructure and cutting-edge zero-emissions solutions to the commercial transportation sector.
  • Ziegler Companies, a family-owned equipment dealer since 1914, is a group of industry pioneers and now leading providers of zero-emissions commercial trucks.

Mullen Announces $150 Million Financing Commitment

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Martedì, Maggio 14, 2024
EV, CARB, Free-trade zone, HVIP, Mullen, IBN, B4, FTZ, Bollinger Motors

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 million financing commitment from a family office and has sold up to an additional $50 million of senior secured convertible notes to family offices and high net worth investors. These commitments satisfy the Company’s capital needs over the next 13 months. The Company sold such investors $12.5 million in notes on May 14, 2024.  

Key Points: 
  • 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 million financing commitment from a family office and has sold up to an additional $50 million of senior secured convertible notes to family offices and high net worth investors.
  • The Company sold such investors $12.5 million in notes on May 14, 2024.
  • With the $150 million funding commitment, the Company has enough cash and cash equivalents to fund operations over the next 13 months for both Mullen and Bollinger Motors, which includes Bollinger Motors B4 vehicle production.
  • Mullen has recently announced several advancements including, California Air Resource Board (CARB) HVIP approval on the Mullen THREE, Class 3 EV truck and providing up to $45,000 cash voucher at time of vehicle purchase.

Mullen Signs Agreement with California Based and HVIP Approved, National Auto Fleet Group

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Lunedì, Maggio 6, 2024
Sale, System, EVS, EPA, MSRP, TCO, Smell, HVIP, IBN, Mullen, Local government, Mullen Technologies, CARB, EV, Government, Renewable energy

BREA, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the addition of California based commercial dealer,  National Auto Fleet Group ("NAFG"). NAFG will offer Mullen’s full line of all-electric commercial vehicles, the Mullen ONE, Class 1 EV cargo van and Mullen THREE, Class 3 EV cab chassis truck, which is HVIP approved and provides up to $45,000 cash voucher at purchase. NAFG will support national fleet customers via Sourcewell and offer Mullen’s commercial vehicle lineup in the following two key market locations in California:

Key Points: 
  • NAFG will support national fleet customers via Sourcewell and offer Mullen’s commercial vehicle lineup in the following two key market locations in California:
    NAFG, founded in 1980, is based in Northern California and is a premier all-in-one, minority family-owned vehicle dealership group specializing in government fleet sales in California and across the United States.
  • With Mullen we will offer municipal and government fleets the opportunity to work more efficiently, with a stronger TCO and with zero emissions,” said Clarke Cooper, National Fleet Auto Group.
  • NAFG is also an approved California Air Resource Board (“CARB”) HVIP dealer and will be able to provide point of sale vouchers for the Mullen THREE, Class 3 EV truck.
  • Under HVIP, the 2024 Mullen THREE, with a suggested MSRP of $68,500, qualifies for an up to $45,000 cash voucher.

Mullen Announces New CARB Approval for 2025 Class 3 EV Cab Chassis Truck

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Giovedì, Aprile 25, 2024
MSRP, Certification, HVIP, IBN, Mullen, Mullen Technologies, EV, ZEV, Model year, Renewable energy

BREA, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces certification from the  California Air Resources Board (“CARB”) on the 2025 Mullen THREE, Class 3 all-electric low cab forward chassis truck. The certification is awarded to vehicle manufacturers who meet specific emissions standards in compliance with CARB regulations. The District of Columbia and 14 states, including California, have adopted vehicle standards under Section 177 of the Clean Air Act (42 U.S.C. §7507), which requires additional approvals beyond EPA regulations.

Key Points: 
  • (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces certification from the California Air Resources Board (“CARB”) on the 2025 Mullen THREE, Class 3 all-electric low cab forward chassis truck.
  • The certification is awarded to vehicle manufacturers who meet specific emissions standards in compliance with CARB regulations.
  • A copy of Mullen’s 2025 Class 3 CARB certification can be found on MullenUSA.com .
  • CARB certification opens the Mullen THREE to critical state EV incentive programs, which vary by each eligible CARB-compliant state.

Mullen Capitalizes on First-Mover Advantage in Class 1 EV Cargo Vans and Class 3 EV Trucks

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Giovedì, Febbraio 1, 2024
EV, CARB, Commercial, IBN, Original equipment manufacturer, EVS, EPA, Mullen, Mullen Technologies, Rail freight transport

BREA, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today the Company continues to capitalize on its first-mover advantage in the U.S. market with production and deliveries of its Class 1 and Class 3 commercial EVs.

Key Points: 
  • 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 .
  • Mullen began Class 3 vehicle production in August 2023 and first vehicle deliveries in September 2023.
  • Mullen Class 1 production began in November 2023 with first vehicle deliveries in December 2023.
  • The all-electric Mullen ONE Class 1 EV cargo van and Mullen THREE Class 3 low cab forward EV truck are both purpose-built to meet the demands of urban last-mile delivery.

Mullen Opens Dominican Republic and Caribbean Markets for Commercial EVs

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Martedì, Gennaio 30, 2024
Cavel, Permanent magnet motor, DNA, CAMPUS, EV, IBN, Sale, EVS, Mullen, Mullen Technologies, Car dealership

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 purchase Mullen CAMPUS EV cargo vans for sale in the Dominican Republic and Caribbean markets via Cavel’s Electric Motors dealerships. Mullen CAMPUS EV cargo vans are currently distributed through Mullen’s retail dealership partner, Randy Marion Automotive Group (“Randy Marion” or “RMA”).

Key Points: 
  • 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 purchase Mullen CAMPUS EV cargo vans for sale in the Dominican Republic and Caribbean markets via Cavel’s Electric Motors dealerships.
  • Mullen CAMPUS EV cargo vans are currently distributed through Mullen’s retail dealership partner, Randy Marion Automotive Group (“Randy Marion” or “RMA”).
  • Cavel plans to continue ongoing vehicle orders and will be establishing a sales and service distribution channel for Mullen’s lineup of commercial EVs in the Dominican Republic and Caribbean.
  • “The Mullen EVs establish a new level of quality among commercial vehicles and we are confident they will excel in the Dominican Republic and the broader region.”
    “This is an important relationship for Mullen with a strong partner in Grupo Cavel, opening doors to a new market in the Dominican Republic and Caribbean, where the warm weather also provides a near-perfect operating environment for EVs,” said David Michery, CEO and chairman of Mullen Automotive.

The Mullen THREE, Class 3 EV Truck Now CARB Certified and Ready for Sale in All CARB States and District of Columbia

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Lunedì, Gennaio 29, 2024
EVS, Mullen Technologies, Mullen, EPA, ZEV, MSRP, CARB, HVIP, EV, IBN, Renewable energy

BREA, Calif., Jan. 29, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the achievement of a key commercial EV milestone with its all-electric Class 3 low cab forward chassis truck, receiving certification from the California Air Resources Board (“CARB”). The certification is awarded to vehicle manufacturers who meet specific emissions standards in compliance with CARB regulations. The District of Columbia and 14 states, including California, have adopted vehicle standards under Section 177 of the Clean Air Act (42 U.S.C. §7507), which requires additional approvals beyond EPA regulations.

Key Points: 
  • The certification is awarded to vehicle manufacturers who meet specific emissions standards in compliance with CARB regulations.
  • The District of Columbia and 14 states, including California, have adopted vehicle standards under Section 177 of the Clean Air Act (42 U.S.C.
  • Mullen’s Class 1 and Class 3 commercial vehicles are now both in receipt of Environmental Protection Agency (“EPA”) and CARB certifications.
  • “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.”

Mullen Invoices and Delivers 130 Additional Class 1 EV Cargo Vans to Randy Marion Automotive Group for $4,372,550.00

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Lunedì, Gennaio 22, 2024
Mullen Technologies, Mullen, EV, IBN, RMA

(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 “Randy Marion”).

Key Points: 
  • (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 “Randy Marion”).
  • To date, the Company has delivered 230 Mullen ONE, Class 1 cargo vans with a total invoiced amount of $7,736,150.00 as part of the initial 1,000 vehicle purchase order from RMA.
  • Randy Marion Automotive Group , based in Charlotte, North Carolina, is one of the top commercial dealer groups in the U.S. Mullen ONE production is based out of Tunica, Mississippi, which is home to Mullen’s commercial vehicle assembly for both the Mullen ONE , Class 1 EV cargo van, and the Mullen THREE , Class 3 EV cab chassis truck.
  • We are continuing to scale production and deliveries to RMA,” said David Michery, CEO and chairman of Mullen Automotive.

Mullen, Phenix Truck & Van and Knapheide Announce Completion of a New Class 3 Light-Weight EV Service Body; Purpose Built for Municipalities and Public Utilities Applications

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Giovedì, Gennaio 11, 2024
LVCC, CPUC, Mullen Technologies, Mullen, EV, IBN, Minority business enterprise

BREA, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today the completion of a light-weight service truck body for the All-Electric Mullen THREE, which was developed in collaboration with Phenix Truck Bodies & Van Equipment (“Phenix” or “Phenix Truck & Van”) and Knapheide Manufacturing (“Knapheide”). Mullen and the Phenix/Knapheide teams have developed a unique, light-weight body configuration designed to bring an EV solution for Class 3 service body truck fleets to municipalities and public utilities. The Mullen THREE Class 3 vehicle upfit is available to commercial fleet customers for evaluation and pilot programs and is on display now at Mullen’s CES 2024 (“Consumer Electronics Show”) booth N-Hall #10315, LVCC and will be featured later at the NTEA Work Truck Show and Advanced Clean Transportation Expo.

Key Points: 
  • (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today the completion of a light-weight service truck body for the All-Electric Mullen THREE, which was developed in collaboration with Phenix Truck Bodies & Van Equipment (“Phenix” or “Phenix Truck & Van”) and Knapheide Manufacturing (“Knapheide”).
  • Mullen and the Phenix/Knapheide teams have developed a unique, light-weight body configuration designed to bring an EV solution for Class 3 service body truck fleets to municipalities and public utilities.
  • Phenix Truck & Van, based in Southern California, is one of California's largest work truck, van equipment and specialty truck body manufacturers.
  • “Phenix is one of the best upfitters out there and partnering with both Phenix and Knapheide to develop this Class 3 solution opens an important segment for us with public utilities and local municipalities, especially in California.”