Qiantu K50

Mullen Automotive and Qiantu Motors to Launch EV Supercar Branded Mullen GT and GTRS with Program Start Commencing March 20, 2023

Retrieved on: 
Monday, March 20, 2023

EV supercar will be rebranded and refreshed to sell under the Mullen GT & GTRS brands with expected performance specs of 0-60 MPH in 1.95 seconds and a top speed over 200 MPH.

Key Points: 
  • EV supercar will be rebranded and refreshed to sell under the Mullen GT & GTRS brands with expected performance specs of 0-60 MPH in 1.95 seconds and a top speed over 200 MPH.
  • These modifications will be in line with Mullen’s vehicle design language currently found in the Mullen FIVE and Mullen FIVE RS.
  • We are honored to cooperate with Mullen Automotive to bring Qiantu K50 to the U.S. market,” said Chairman Lu of Qiantu Motors.
  • We are excited to start the GT and GTRS programs on March 20, 2023.”
    Additional information can be found on Mullen Automotive’s most recently filed 8-K, found here .

Lost Money in Mullen Automotive?

Retrieved on: 
Thursday, June 30, 2022

As of May 2022, Mullen was down over 93% from its all-time high, according to InvestorPlace.

Key Points: 
  • As of May 2022, Mullen was down over 93% from its all-time high, according to InvestorPlace.
  • According to Hindenburg Research, Mullen falsely claimed that two electric cargo vans it would be manufacturing were its own, when they are actually Chinese EVs called the Qiantu K50, rebranded with a Mullen logo.
  • In a June 22, 2022 update, Mullen stated that over 130 patents for the FIVE EV Crossover program remain pending.
  • Following the news of the Hindenburg report, Mullen Automotive stock dropped 10%, on April 6, 2022, causing significant harm to investors.

Lost Money in Mullen Automotive?

Retrieved on: 
Friday, June 10, 2022

A Mullen Automotive class action lawsuit has been filed on behalf of investors who lost money in Mullen (NASDAQ: MULN).

Key Points: 
  • A Mullen Automotive class action lawsuit has been filed on behalf of investors who lost money in Mullen (NASDAQ: MULN).
  • According to Hindenburg Research, Mullen falsely claimed that two electric cargo vans it would be manufacturing were its own, when they are actually Chinese EVs called the Qiantu K50, rebranded with a Mullen logo.
  • The Hindenburg report further claims that Mullen has misrepresented the nature of its business relationships with several companies.
  • Following the news of the Hindenburg report, Mullen Automotive stock dropped 10%, on April 6, 2022, causing significant harm to investors.

Lost Money in Mullen Automotive?

Retrieved on: 
Friday, June 3, 2022

A Mullen Automotive class action lawsuit has been filed on behalf of investors who lost money in Mullen (NASDAQ: MULN).

Key Points: 
  • A Mullen Automotive class action lawsuit has been filed on behalf of investors who lost money in Mullen (NASDAQ: MULN).
  • According to Hindenburg Research, Mullen falsely claimed that two electric cargo vans it would be manufacturing were its own, when they are actually Chinese EVs called the Qiantu K50, rebranded with a Mullen logo.
  • The Hindenburg report further claims that Mullen has mispresented the nature of its business relationships with several companies.
  • Following the news of the Hindenburg report, Mullen Automotive stock dropped 10%, on April 6, 2022, causing significant harm to investors.

CH-AUTO, A Chinese Electric Vehicle Manufacturing and Design Service Company, Announces Plans To Become A Public Company Via Merger Transaction With Mountain Crest Acquisition Corp. IV

Retrieved on: 
Monday, May 2, 2022

In 2015, CH-AUTO established a wholly-owned subsidiary "QIANTU MOTOR" (QT), aiming to build an electric vehicle brand for the global market.

Key Points: 
  • In 2015, CH-AUTO established a wholly-owned subsidiary "QIANTU MOTOR" (QT), aiming to build an electric vehicle brand for the global market.
  • CH-AUTO is a technology-driven company founded in 2003 and has been an electric vehicle manufacturing and design service company in China.
  • Mountain Crest and CH-AUTO caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.
  • For CH-AUTO TECHNOLOGY CORPORATION LTD.:
    Building 4, AVIC International Industrial Park Area 1, Shijun North Street, Shunyi District, Beijing, China
    For Mountain Crest Acquisition Corp. IV:

Mullen Technologies to Produce Qiantu K50 in Washington State

Retrieved on: 
Monday, April 29, 2019

Fresh off a successful showing at the 2019 New York International Auto Show, Mullen Technologies , a new American electric vehicle (EV) manufacturer, has chosen the Spokane region of Washington state to produce the Qiantu K50 the companys flagship sports coupe.

Key Points: 
  • Fresh off a successful showing at the 2019 New York International Auto Show, Mullen Technologies , a new American electric vehicle (EV) manufacturer, has chosen the Spokane region of Washington state to produce the Qiantu K50 the companys flagship sports coupe.
  • Mullen Technologies is working with the PDA to develop and produce its Qiantu K50 pure electric sports car in Spokane County with approximately 55 jobs at startup, increasing to 863 jobs by 2026.
  • Over the next two years, Mullen will be developing an air handling system to optimize the battery cell life.
  • The Qiantu K50 by Mullen will hit North American roads in the second half of 2020.

Mullen Technologies Signs Letter of Intent to Manufacture Electric Vehicle in New West Plains Facilities

Retrieved on: 
Friday, April 26, 2019

The West Plains Airport Area Public Development Authority (PDA) and Mullen Technologies, Inc. of Brea, California, signed a Letter of Intent (LOI) for the construction of 1.3 million square feet of assembly, manufacturing, and research & development facilities in the West Plains.

Key Points: 
  • The West Plains Airport Area Public Development Authority (PDA) and Mullen Technologies, Inc. of Brea, California, signed a Letter of Intent (LOI) for the construction of 1.3 million square feet of assembly, manufacturing, and research & development facilities in the West Plains.
  • David Michery, CEO and Chairman of the Board for Mullen Technologies, states: We are looking forward to working with the West Plains Airport Area Public Development Authority (PDA), to bring strong wage-earning jobs to the Spokane region.
  • PDA and Mullen are working very closely as we introduce the Qiantu K50 all electric sports car to the U.S. market, along with emerging battery cell technology.
  • Mullen Technologies, Inc. unveiled its new pure electric high-performance sports car at the International Auto Show in New York last week, drawing significant attention.