InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Receives CARB Certification for 2025 Class 3 EV Truck
April 25, 2024
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 […]
Mullen Announces New CARB Approval for 2025 Class 3 EV Cab Chassis Truck
April 25, 2024
Company now in receipt of CARB approval for both 2024 and 2025 Class 3 Model Years CARB certification takes on even more significance with the recent Advanced Clean Fleets (“ACF”) regulation, which requires state and local government fleets, including city, county, special district, and state agency fleets, to ensure 50% of vehicle purchases are zero-emission […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Marks Phase One Completion of Battery Line Integration
April 22, 2024
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 […]
Mullen’s New High Energy Facility Marks Phase One Completion of Battery Pack Assembly Line
April 22, 2024
Mullen is dedicated to producing next-generation, American-made EV battery packs Facility is capable of producing 1 GWh per year BREA, Calif., April 22, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the first phase completion of battery line integration at its high energy […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Reports Recent Operational Highlights
April 18, 2024
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced that the 500th commercial vehicle was recently produced out of its Tunica, Mississippi, commercial vehicle manufacturing and assembly facility, marking a manufacturing milestone. The announcement also detailed Mullen’s recent highlights, noting that the company has 18 active commercial vehicle pilots underway and that […]
Mullen Achieves Manufacturing Milestone with 500th Commercial Vehicle Produced
April 18, 2024
BREA, Calif., April 18, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announces a manufacturing milestone achieved with the 500th commercial vehicle recently produced out of its Tunica, Mississippi, commercial vehicle manufacturing and assembly facility. Additional recent highlights include: “We have increased requests for our vehicles internationally, and […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Streamlines Operations to Focus on Commercial Segment
April 8, 2024
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 […]
Mullen Streamlines Business Operations to Focus on Near Term Commercial Opportunities
April 8, 2024
Cost saving initiatives aimed at reducing operating and investing cash flows by approximately $170 million over the next 12 months when compared to operating and investing cash flows reported for the 12 months ended Sept. 30, 2023. “Momentum is increasing and we have transactions with fleets of varying sizes and vocations,” said Brad Sigmon, Vice […]
InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces FTZ Filing as ‘Strategic Initiative’
April 1, 2024
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has filed for Foreign Trade Zone (“FTZ”) status with the U.S. Department of Commerce; the company is filing for the status at its commercial vehicle manufacturing and assembly center in Tunica, Mississippi. According to the announcement, the company anticipates that FTZ status would provide key […]
Mullen Files for Foreign Trade Zone Status in Tunica, Mississippi
April 1, 2024
On Monday, March 25, 2024, Company filed FTZ application and expects final determination within 30 to 90 days FTZ status and benefits would include opportunity for improving Company cash flow through reduction of taxes, fees and deferment of import duties Mullen estimates that resulting deferred working capital on domestic sales could result in deferred capital […]
InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Appoints Key Sales Personnel to Leadership
March 14, 2024
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced key personnel additions to support its commercial EV van and truck program. According to the announcement, the company has appointed Tyler Jordan as senior director of commercial sales, Matt Nevious as director of commercial sales and strategic accounts, and Jacob Frenning as director […]
Mullen Continues Prioritization of Commercial EVs
March 14, 2024
BREA, Calif., March 14, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today new key sales hires who have joined the Company in support of its commercial EV van and truck program. Tyler Jordan – Senior Director of Commercial SalesJordan has […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Issues Update on US Government Ruling for Class 1 EV Cargo Vans
March 13, 2024
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today provided an update on the U.S. Customs and Border Protection (“CBP”) application for Class 1 EV cargo vans. According to the announcement, the CBP, on March 5, 2024, informed Rapid Response Defense Systems (“RRDS”) counsel that a final determination on the ruling request needs […]
Mullen Automotive Provides Timeline Update on US Government Ruling for Class 1 EV Cargo Vans
March 13, 2024
BREA, Calif., March 13, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces an update on the U.S. Customs and Border Protection (“CBP”) application for Class 1 EV cargo vans. On March 5, 2024, U.S. Customs and Border Protection informed Rapid Response […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Regains Full Compliance with Nasdaq Continued Listing Requirements
March 7, 2024
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is now in full compliance with all Nasdaq continued listing requirements and will continue to be listed and traded on the Nasdaq Capital Market. On Mar. 6, 2024, Mullen received formal notice from the Nasdaq Stock Market LLC confirming that the company has regained compliance […]
Mullen Regains Full Nasdaq Compliance
March 7, 2024
BREA, Calif., March 07, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (Nasdaq: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces that on March 6, 2024, it received formal notice from The Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with the annual shareholder meeting requirement set […]
InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Adds Two New Dealers to Growing Distributorship Network
March 5, 2024
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced that its subsidiary, Bollinger Motors, is expanding its footprint. The company has named an additional two dealership groups as it rolls out its commercial truck line. The two dealership groups — Nacarato Truck Centers and Nuss Truck and Equipment — span seven states and include 11 […]
Mullen Subsidiary, Bollinger Motors, Names Next 2 Dealers in 7 States and 11 Locations
March 5, 2024
BREA, Calif., March 05, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces its subsidiary, Bollinger Motors, has named the next two dealership groups, spanning seven states and 11 locations, as Bollinger rolls out its commercial electric truck line, beginning with the Bollinger […]
InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Begins Road Testing on Solid-State Polymer Battery Pack
February 29, 2024
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has moved to the next phase in testing an integrated solid-state polymer battery pack in its Class 1 EV cargo vans. According to the announcement, vehicle road testing began this week on the battery pack. The company began initial lab testing of the latest phase […]
Mullen’s Solid-State Polymer Battery Pack Hits the Road for Class 1 Vehicle Testing on Feb. 26, 2024
February 29, 2024
Testing of solid-state battery pack has advanced from lab to on-road vehicle testing Previously projected 73% increase in range from 110 miles to 190 miles Actual tests resulted in 86% increase in vehicle range from 110 miles to 205 miles BREA, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or […]
InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Update Strategic Focus on Commercial Vehicle Segment
February 26, 2024
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting on its continued focus on the commercial vehicle segment with production and deliveries of its Class 1 and Class 3 commercial EVs. According to the announcement, the company is in full commercial production of the Class 1 and Class 3 EV vehicles while […]
Mullen Emphasizes Focus on Commercial Vehicle Segment with First Mover Advantage Across Class 1 and 3 Electric Cargo Vans and Trucks
February 26, 2024
Company in full commercial EV production with Class 1 and Class 3 vehicles; Bollinger Motors focused on Class 4-6 vehicles with Class 4 production starting in second half 2024 Company achieves positive gross margin per Class 1 and Class 3 vehicles invoiced Company integrating advance battery solutions and AI driven battery management system, “The […]
Mullen Automotive Inc. (NASDAQ: MULN) Receives Initial Order for EV Cargo Vans to Open Caribbean Market
February 22, 2024
Electric vehicle sales are projected to continue growing globally in 2024, according to a recent NASDAQ report (https://ibn.fm/asZpm). That is great news for Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer that is expanding into the Caribbean market with its commercial CAMPUS EV cargo van (https://ibn.fm/Oph51). “It’s important to note that EV sales […]
InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports on Anticipated Timeline for Class 1 EV Cargo Vans CBP Ruling
February 21, 2024
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting an update on its U.S. Customs and Border Protection (“CBP”) application for Class 1 EV cargo vans. According to the update, CBP notified counsel on Feb. 20, 2024, that a determination on the ruling request should be made in the next one to […]
Mullen Automotive Provides Timeline Update on US Customs and Border Protection Ruling for Class 1 EV Cargo Vans
February 21, 2024
BREA, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces an update on the U.S. Customs and Border Protection (“CBP”) application for Class 1 EV cargo vans. On Feb. 20, 2024, CBP informed counsel that a final determination on the […]
Mullen Automotive Inc. (NASDAQ: MULN) Displays Vehicles for First Time at CES, Unveils Newest EV Offering
February 20, 2024
For the first time ever, Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, exhibited its line of commercial and consumer EVs at the Consumer Electronics Show(R) (“CES”) in Las Vegas. In addition to displaying its line of vehicles, the company also debuted its high-performance EV crossover, the Mullen FIVE RS; the world debut […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Announces Partnership with First Commercial Dealership
February 14, 2024
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, and its subsidiary Bollinger Motors have announced that Bollinger has contracted with its first authorized dealership. Bollinger is partnering with LaFontaine Automotive Group, which has two locations in Michigan: Lansing and Farmington Hills. LaFontaine will offer the Bollinger B4 Chassis Cab, which is an all-new, […]
Mullen Announces Bollinger Motors First Commercial Dealership, LaFontaine Automotive Group
February 14, 2024
BREA, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) — via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today Bollinger Motors (“Bollinger”) has named LaFontaine Automotive Group as its first authorized dealer with two locations in Lansing and Farmington Hills, Michigan. The Bollinger B4 Chassis Cab is an […]
InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Financial Report, Company Update on ‘Strongest Quarter to Date’
February 13, 2024
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting financial results for the three months ended Dec. 31, 2023; the company is also reporting a business update. Highlights of the report included the company regaining compliance with the NASDAQ minimum-bid price requirement in January; the achievement of several key milestones, including CARB […]
Mullen Reports Strongest Fiscal Quarter in Company’s History for Three Months Ended Dec. 31, 2023
February 13, 2024
Mullen Automotive Inc. (NASDAQ: MULN), is updating its press release with certain corrections as described further below. There are no changes to the financial results for the three months ended Dec. 31, 2023. The prior press release as corrected is set forth in its entirety below. Company reports financial results and current business update Stockholders’ equity $271,814,097.00 […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Bollinger’s Receipt of IRS Approval for $40K Commercial EV Tax Credit
February 6, 2024
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that Bollinger Motors (“Bollinger”) has received IRS approval as a “qualified manufacturer” for clean vehicle credits under the Inflation Reduction Act of 2022 (the “IRA”). According to the announcement, the designation enables the Bollinger B4 chassis cab to qualify for the IRA’s new […]
Mullen Announces Bollinger Motors Receives IRS Approval for $40,000 Commercial EV Tax Credit
February 6, 2024
BREA, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today Bollinger Motors (“Bollinger”) has received IRS approval as a “qualified manufacturer” for clean vehicle credits under the Inflation Reduction Act of 2022 (the “IRA”). This designation enables the Bollinger […]
InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports on Production and Deliveries, Moves Forward with Production Line Installation
February 5, 2024
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 […]
Mullen Is Making Great Strides in the Commercial EV Segment and Development of US-Made Battery Capabilities
February 5, 2024
BREA, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, continues to make great strides with production and deliveries of Class 1 and Class 3 commercial EVs. Its subsidiary, Mullen Advanced Energy, LLC (“Mullen Advanced Energy”), is advancing with battery pack […]
InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Poised with First-Mover Advantage in Class 1 and Class 3 Commercial Vehicles
February 1, 2024
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 […]
Mullen Capitalizes on First-Mover Advantage in Class 1 EV Cargo Vans and Class 3 EV Trucks
February 1, 2024
Company has invoiced $17,318,000.00 to date for commercial vehicles 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. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today […]
InvestorNewsBreaks — Jeffs’ Brands Ltd. (NASDAQ: JFBR, JFBRW) Closes on $7.275M Private Placement
January 30, 2024
Jeffs’ Brands Ltd (NASDAQ: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, has closed on its recently announced private placement. The placement, which closed on Jan. 29, 2024, was with specific institutional investors. According to the announcement, gross cash proceeds from the placement totaled $7.275 million before deductions and expenses. Jeffs’ Brands […]
InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Expands Sales Dominican Republic, Caribbean Markets with Grupo Cavel Order
January 30, 2024
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 […]
Mullen Opens Dominican Republic and Caribbean Markets for Commercial EVs
January 30, 2024
Initial order is for 20 CAMPUS EV cargo vans with regular scheduled orders to follow 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 […]
InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Class 3 EV Truck Receives CARB Certification
January 29, 2024
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 […]