InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Mississippi-Based Facility Receives FTZ Status from U.S. Department of Commerce
Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has been approved for Foreign Trade Zone (“FTZ”) status with the U.S. Department of Commerce for Mississippi-based commercial vehicle manufacturing and assembly center. According to the announcement, a Foreign Trade Zone is an area within the United States where foreign and domestic merchandise is generally considered to be in international commerce and outside of U.S. customs…