InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers Mullen ONE EV Cargo Van to Orange County, North Carolina
February 27, 2025
Mullen Automotive (NASDAQ: MULN) announced the purchase and delivery of its Mullen ONE Class 1 EV cargo van to Orange County, North Carolina, for deployment by the county’s Solid Waste Management Department. The order, fulfilled by National Auto Fleet Group, supports Orange County’s Climate Action Plan to transition its fleet to all-electric by 2025. Mullen’s […]
Mullen Announces Class 1 EV Cargo Van Purchase and Delivery to Orange County, North Carolina
February 27, 2025
The Mullen ONE EV cargo van will be deployed by Orange County’s Solid Waste Management Department, supporting its Climate Action Plan, which aims to transition the county’s fleet to all-electric vehicles Mullen Commercial EVs are now available for purchase on Sourcewell under NAFG’s Sourcewell Contract # 091521-NAF, which offers Class 1-3 electric vehicles to government […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Joins Sourcewell Contract for Government EV Purchases
February 26, 2025
Mullen Automotive (NASDAQ: MULN), an electric vehicle manufacturer, announced that its all-electric commercial vehicles, the Mullen ONE Class 1 EV cargo van and Mullen THREE Class 3 EV cab chassis truck, have been added to National Auto Fleet Group’s (NAFG) Sourcewell contract. This approval allows government agencies and educational institutions to purchase Mullen’s commercial EVs […]
National Auto Fleet Group Is Proud to Partner with Mullen Commercial EVs, Which Are Now Approved and Available for Public Sector Purchasing
February 26, 2025
Mullen Commercial EVs available for purchase on Sourcewell under NAFG’s Sourcewell Contract # 091521-NAF which offers Class 1-3 light duty trucks, cars, vans, SUVs, cab chassis, and electric vehicles with related equipment and accessories to U.S. government agencies Approval provides opportunity to satisfy backlog of municipal orders Sourcewell is a government agency that has fulfilled […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Partners With EO Charging to Support Bollinger Motors’ Fleet Electrification
February 20, 2025
Mullen Automotive (NASDAQ: MULN) announced a strategic partnership with EO Charging to provide comprehensive electrification solutions for Bollinger Motors’ commercial fleet customers. EO Charging will offer charger installation, 24/7 support, and its advanced EO Cloud management system, ensuring over 99% uptime. This collaboration enhances the Bollinger B4’s market readiness by integrating proven charging infrastructure, supporting […]
Mullen Subsidiary, Bollinger Motors, Partners with EO Charging to Provide Cost-Effective Fleet Electrification Solutions
February 20, 2025
BREA, Calif., Feb. 20, 2025 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, has announced a strategic partnership with EO Charging (“EO”), a global pioneer in electric vehicle charging solutions for depot-based fleets, which will provide comprehensive electrification solutions for Bollinger Motors’ commercial fleet customers. Through […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Reports Record Quarterly Revenue, Expands EV Sales and Battery Production
February 19, 2025
Mullen Automotive (NASDAQ: MULN) reported its strongest quarter to date, invoicing over $4.4 million and receiving $6 million for vehicle deliveries in Q1 FY2025. The company highlighted growth in its commercial EV segment, with new sales across multiple industries, including home services, floral, and coffee distribution. Bollinger Motors delivered 20 Class 4 B4 trucks, generating […]
Mullen Reports Financial Results for the Three Months Ended Dec. 31, 2024
February 19, 2025
Company achieves strongest quarter results to date with $4.4M invoiced and $6M received on vehicles delivered Company has produced more revenue in this quarter than previous two fiscal years On Feb. 1, 2025, Mullen implemented further cost cutting measures with headcount and personnel cost reductions of approximately $13M in annual cash spend BREA, Calif., Feb. […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces 1-for-60 Reverse Stock Split to Maintain Nasdaq Listing
February 13, 2025
Mullen Automotive (NASDAQ: MULN), an electric vehicle manufacturer, announced a 1-for-60 reverse stock split of its common stock, set to take effect Feb. 18, 2025, at 12:01 a.m. Eastern. The move aims to help the company regain compliance with Nasdaq’s $1.00 minimum bid price requirement. Mullen’s stock will continue trading under the existing symbol MULN […]
Mullen Automotive Inc. Announces Reverse Stock Split Effective Feb. 18, 2025
February 13, 2025
BREA, Calif., Feb. 13, 2025 (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-60 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.001 per share (“Common Stock”), that will become effective on Feb. 18, 2025, […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Expands U.S. Battery Production with Nikola Equipment Purchase
January 30, 2025
Mullen Automotive (NASDAQ: MULN) announced the acquisition of additional battery line equipment from Nikola Corporation to enhance its Fullerton, California, battery operations. The facility, dedicated to producing next-generation American-made battery packs and solid-state polymers, will now include two high-volume standard battery chemistry lines, a solid-state polymer R&D line, and an expanded testing laboratory. The move […]
Mullen Announces Follow-On Electric Vehicle Orders from Leading California Universities
January 28, 2025
Two leading California universities in Los Angeles and the San Francisco Bay Area have placed additional orders for Mullen’s commercial electric vehicles Additional orders include five Mullen ONE, Class 1 EV cargo vans BREA, Calif., Jan. 28, 2025 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Expands Presence on U.S. College Campuses with Additional EV Orders
January 28, 2025
Mullen Automotive (NASDAQ: MULN) announced the sale of five additional Mullen ONE Class 1 EV cargo vans to two major California universities in Los Angeles and the San Francisco Bay Area. The orders, fulfilled by EV dealers Papé Group and Randy Marion Automotive Group, highlight Mullen’s alignment with institutions prioritizing carbon emission reductions. CEO David […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Reports FY2024 Results and Highlights Commercial EV Growth
January 27, 2025
Mullen Automotive (NASDAQ: MULN) reported a net loss of $471 million for the fiscal year ending Sept. 30, 2024, an improvement from the prior year’s $964.9 million loss. FY2024 revenues increased to $1.1 million, driven by invoicing 443 commercial vehicles valued at $21 million, up from 35 vehicles invoiced in FY2023. The company achieved significant […]
Mullen Reports Improved 2024 Financial Results
January 27, 2025
Company finishes the 2024 fiscal year with growth of national dealer network, increased sales and delivery of vehicles Fiscal year 2024 reduction of $85.4M in cash spend compared to fiscal year 2023 Successful launch of Bollinger Motors B4 production and sales Company now has three EV production lines in the U.S. with national sales and service networks […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Addresses Nasdaq Compliance Notice Over Delayed SEC Filing
January 23, 2025
Mullen Automotive (NASDAQ: MULN) an electric vehicle manufacturer, disclosed it has received a notice from Nasdaq regarding non-compliance with Listing Rule 5250(c)(1) due to the delay in filing its Annual Report on Form 10-K for the fiscal year ended Sept. 30, 2024. The notice does not immediately impact the trading of the company’s stock on […]
Mullen Receives Expected Nasdaq Notice Regarding Delayed Form 10-K
January 23, 2025
BREA, Calif., Jan. 22, 2025 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle manufacturer, today announces that it received an expected notice (the “Notice”) from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company has not yet filed its […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Launches Electric Van into Home Services Sector with Mr. Appliance Partnership
January 2, 2025
Mullen Automotive (NASDAQ: MULN) has sold its Mullen ONE All-Electric Cargo Van to Mr. Appliance of Owings Mills, Maryland, marking its entry into the home service market. This move positions the emerging electric vehicle manufacturer to address a critical industry need for cost-effective transportation solutions. With transportation costs accounting for over 30% of operating expenses […]
Mullen Announces Sale of Mullen ONE to Mr. Appliance Franchisee of Owings Mills, Maryland, Expanding into the Home Service Vertical
December 31, 2024
BREA, Calif., Dec. 31, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the sale of the Mullen ONE All-Electric Cargo Van to Mr. Appliance® of Owings Mills, Maryland, marking the company’s first venture into the home service vertical. This milestone sets the stage […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Secures Class 3 EV Truck Order from Westland Floral
December 26, 2024
Mullen Automotive (NASDAQ: MULN) has received a purchase order for two Class 3 EV trucks, the Mullen THREE, from Westland Floral. The trucks, customized by Phenix Truck Bodies in California, were delivered through Pritchard Commercial and include California HVIP incentives, emphasizing cost and environmental benefits. The Mullen THREE, designed for urban last-mile delivery, boasts a […]
Westland Floral Purchases Mullen Class 3 EV Trucks for Southern California Landscaping Fleet
December 26, 2024
Westland’s Class 3 service body upfits completed by Phenix Truck Bodies & Van Equipment. Vehicle order fulfilled by Pritchard and includes California HVIP incentives approval on vehicles purchased. BREA, Calif., Dec. 26, 2024 (GLOBE NEWSWIRE) — via InvestorWire – Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer announces a Class 3 EV […]
Mullen Announces 100 Class 1 and Class 3 EV Shipments with Sales Totaling $5.5M Through Dec. 18, While Reducing Company Burn to $5.3M Monthly Compared to $16.8M in August 2024
December 20, 2024
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 […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Expands U.S. Battery Manufacturing with Updated DOE Proposal
December 19, 2024
Mullen Automotive (NASDAQ: MULN) has submitted a revised plan to the U.S. Department of Energy (“DOE”) to bolster domestic battery production at its Mishawaka, Indiana, and Fullerton, California, facilities. The company has invested $12 million to date, with an additional $43 million planned, seeking $55 million in matching DOE funds under a program funded by […]
Mullen Submits Updated Plan to DOE for Grant Funding Opportunity in US Battery Materials Processing, Requesting $55M in Funding
December 19, 2024
BREA, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces it has submitted an updated plan in response to the U.S. Department of Energy’s (“DOE”) Funding Opportunity for Battery Materials (DE-FOA-0003099). Established on Nov. 13, 2023, via the current administration, the […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Reports $5.5M in EV Sales and Significant Cost Reductions
December 18, 2024
Mullen Automotive (NASDAQ: MULN) announced sales of 100 Class 1 and Class 3 electric cargo vans and trucks since Sept. 30, 2024, generating $5.5 million in revenue. The company has also reduced its monthly burn rate from $16.8 million in August to $5.3 million in October and November. CEO David Michery highlighted growing demand for […]
Mullen Subsidiary, Bollinger Motors, Announces Class 4 All-Electric Truck Generates Over $4 Million in Post-Production Launch Sales
December 12, 2024
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 million during the nearly three months since the company’s September start of […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Bollinger Motors Delivers First 25 B4 Trucks, Generating $4.1M in Sales
December 12, 2024
Mullen Automotive (NASDAQ: MULN) announced that its subsidiary, Bollinger Motors, has delivered its first 25 all-electric B4 chassis cab trucks since production began in September, generating $4.1 million in retail sales. Designed with input from fleet operators, the Class 4 B4 truck features a 158-kWh battery, over 7,300 pounds of payload capacity, and a 185-mile […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Expands EV Reach with Bergey’s Truck Centers Partnership
December 11, 2024
Mullen Automotive (NASDAQ: MULN) announced that its subsidiary, Bollinger Motors, has partnered with Bergey’s Truck Centers to expand its commercial sales and service network into the mid-Atlantic region, covering Delaware, Maryland, New Jersey, and Pennsylvania. This partnership grows Bollinger’s national dealer network to over 50 locations. Bergey’s has placed its initial order of all-electric B4 […]
Mullen Subsidiary, Bollinger Motors, Announces Adding Bergey’s Truck Centers to Its Sales and Service Network
December 11, 2024
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 (“EV”) manufacturer, announces today that its subsidiary, Bollinger Motors (“Bollinger”), has named […]
Mullen Subsidiary, Bollinger Motors, Partners with Broadway Ford Truck Center to Provide Sales and Service
December 9, 2024
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, announces today that its subsidiary, Bollinger Motors (“Bollinger”), has named St. Louis, […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Expands Midwest Reach with Broadway Ford Truck Center Partnership
December 9, 2024
Mullen Automotive (NASDAQ: MULN) announced that its subsidiary, Bollinger Motors, has partnered with St. Louis-based Broadway Ford Truck Center as an official dealer, enhancing its Midwest presence. Bollinger’s all-electric Class 4 commercial truck, the B4 Chassis Cab, which features a 158-kilowatt-hour battery and fleet-focused design, began deliveries in October. Broadway Ford Truck Center’s President, Dennis […]
Mullen Announces Commercial EV Order from Northern California Leading Coffee Distributor, Associated Coffee, Servicing Over 5,000 Bay Area Customers
December 5, 2024
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 — Mullen […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Secures Order for Class 3 EV Trucks from Bay Area Distributor
December 5, 2024
Mullen Automotive (NASDAQ: MULN) has received an order from Associated Coffee, a San Francisco Bay Area distributor, for 10 Class 3 EV cab chassis trucks. Fulfilled by authorized dealer Papé Group, the order supports Associated Coffee’s sustainability-focused operations, which prioritize reduced carbon footprint and efficiency. Mullen’s commercial EVs, including the Class 3 Mullen THREE, are […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Recognizes Revenue from Follow-On Order of Bollinger B4 Trucks by TEC Equipment
December 3, 2024
Mullen Automotive (NASDAQ: MULN) announced a follow-on order from TEC Equipment for seven all-electric 2025 Bollinger B4 trucks, with revenue recognized in the current fiscal quarter. This order builds on TEC’s initial purchase of three B4 trucks in October 2024, with deliveries planned across California, Oregon, and Washington. The Class 4 B4 truck, featuring a […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Partners with Emerald and Papé to Launch Refrigerated EV Truck Solution
November 26, 2024
Mullen Automotive (NASDAQ: MULN), announced a collaboration with Emerald Transportation Solutions and the Papé Group to develop a refrigerated (“reefer”) upfit for the Mullen THREE, its Class 3 all-electric truck. Designed for perishable goods transportation, the versatile Mullen THREE offers a clean top-of-rail chassis for custom upfitting, supporting payloads over 5,300 lbs. This innovative solution […]
Mullen Announces Papé and Emerald Transportation’s Refrigerated Solution for the Mullen Class 3 EV Truck
November 26, 2024
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. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle […]
Mullen Ramping Up for Start of US Battery Production
November 21, 2024
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 BREA, Calif., Nov. 21, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today an update on the […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Highlights American-Made Battery Production at Fullerton Facility
November 21, 2024
Mullen Automotive (NASDAQ: MULN), an electric vehicle manufacturer, provided an update on its Fullerton, California, battery operations, which focus on producing next-generation battery packs and modules domestically. This initiative supports Mullen’s commitment to zero emissions and reducing reliance on imported battery components. CEO and Chairman David Michery emphasized the company’s mission to transition to American-made […]
Mullen Continues Commercial EV Adoption Across College Campuses; Announces New EV Orders From Leading California Universities
November 20, 2024
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 the overall sustainability targets of universities including reducing […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Expands Presence in Higher Education with New EV Orders
November 20, 2024
Mullen Automotive (NASDAQ: MULN) announced new orders for its Mullen ONE Class 1 commercial EV cargo van from universities in Los Angeles and Berkeley, California, adding to recent orders from institutions like Princeton University, the University of Virginia, and the University of North Carolina. This growth reflects increasing adoption of clean energy vehicles by U.S. […]