Green Cars - Electric Vehicle Archives - Page 3 of 9

Monday Jul 17, 2023 - 10:52 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Receives PO from Ireland-Based Company for Mullen-GO(TM) Commercial Urban Delivery

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received an initial purchase order from the Newgate Motor Group for 30 Mullen-GO Commercial Urban Delivery EVs. The PO is valued at approximately $321,000, and MULN anticipates receiving additional orders as the two companies have previously announced plans for up to 500 vehicles per year.One of Ireland’s best-known dealership groups, Newgate is the marketing,…

Thursday Jul 13, 2023 - 10:15 am

InvestorNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) EVs Enter Utility Provider Market in Upstate NY

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the launch of an EV pilot program with New York Power Authority (“NYPA”). On July 6, 2023, NYPA, a power generation and transmission company at the forefront of producing and bringing clean, reliable energy to the state, began testing Mullen’s EV Cargo Van, the all-electric Campus Delivery Utility Vehicle, at its location in…

Monday Jul 10, 2023 - 10:31 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) to Commence 2023 ‘Strikingly Different’ EV Tour

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that the Mullen FIVE EV Crossover will be back on tour this summer with more U.S. stops and additional EV vehicles. The 2023 “Strikingly Different” EV Tour will commence on Aug. 20 in Austin, Texas, and continue through November 2023, and will cover the East Coast, Midwest and Northwest before finishing up in…

Thursday Jul 06, 2023 - 10:42 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces $25M Stock Buyback Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its board of directors has authorized a stock buyback program. Under the program, the company may, until Dec. 31, 2023, purchase up to $25 million in shares of its outstanding common stock. The shares may be repurchased, from time to time, in the open market or in privately negotiated transactions depending upon…

Wednesday Jul 05, 2023 - 10:39 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Retains Law Firm to Actively Investigate, Combat Naked Short Selling Activities

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it has retained Christian Attar, formally known as Christian Levine Law Group, and in partnership with Warshaw, Burstein, LLP, to combat naked short selling activities. Based on reports from ShareIntel, Mullen believes it may have been the target of a market manipulation scheme involving illegal naked short selling of its common stock…

Thursday Jun 29, 2023 - 10:09 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports Sale of EV Cargo Vans to Partner Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has sold 22 EV cargo vans to the Randy Marion Automotive Group, the company’s authorized distributor of commercial EVs in the United States. The sale marks the company’s first revenue, which will be reported in the next quarterly report, for the period ending June 30, 2023. Revenue from the sales will total $308,000. The company…

Tuesday Jun 27, 2023 - 11:12 am

InvestorNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Series D Holders Exercise Final $100M Investment Option

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that on June 23, 2023, its Series D investors exercised their final option, expiring June 30, 2023, for $100 million. The move resulted in additional funding of $100 million to the company. Mullen now has more than $235 million in cash and cash equivalents on its balance sheet, which is after expending $253…

Wednesday Jun 21, 2023 - 12:01 pm

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Moratorium on New Financings, Sufficient Capital for at Least 12 Months

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced an investor financing moratorium for the balance of 2023 and that it has sufficient capital on hand for at least the next 12 months. In addition, the company confirmed that remaining investor option expires on June 30, 2023, and that its assets are unencumbered with the exception of $7.3 million outstanding debt. Mullen…

Tuesday Jun 20, 2023 - 12:20 pm

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Working on Broad Commercialization of AI-Powered PERSONA Vehicle Technology

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the integration of AI-powered PERSONA vehicle technology into its overall commercial and consumer vehicle lineups. Originally developed for the Mullen FIVE, PERSONA is an advanced interactive AI camera/sensor and video monitoring system that utilizes facial recognition technology to unlock/lock vehicles and completely personalize the overall vehicle experience for the driver. “Right from the…

Friday Jun 16, 2023 - 10:03 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Corrects Shareholder Letter to Reflect $0.38 Per Share

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released a letter to its shareholders designed to address the decrease in the company’s share price. The letter noted that earlier this week, the company’s common stock closed at $0.32 per share, down 90% since the end of March. The company currently trades at a discount to its current cash position of $135 million…

Thursday Jun 15, 2023 - 10:24 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Shareholder Letter Featuring Status Update

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has issued a shareholder letter providing a business update and responding to questions regarding the company’s share price, which has declined significantly since March 31, 2023; the company currently trades at a discount to its current cash position of $135 million, or $.038 per share. The letter noted that the company anticipates meeting previously announced…

Monday Jun 12, 2023 - 9:56 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Collaboration with Phenix to Develop Light-Weight EV Truck Body

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is partnering with Phenix Truck Bodies & Van Equipment to develop a light-weight truck body for its class 3 EV. One of California’s largest providers of work trucks, equipment and specialty truck bodies, Phenix has an impressive list of long-term customers, including Southern California Edison, Southern California Gas, Los Angeles County Fire Department, SDG&E, USDA…

Thursday May 25, 2023 - 11:17 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports on Participation in 2023 Government Fleet Event

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has completed its inaugural participation at the Government Fleet Expo and Conference (“GFX”), the largest annual conference for public fleets in the nation. The conference was held May 22–25, in Dallas. During the event, Mullen showcased several of its offerings, including its commercial EVs, the Mullen ONE and Mullen THREE. The company reported that attendees…

Tuesday May 16, 2023 - 12:18 pm

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Q2 Fiscal Report, Business Update; Delivers Demo Vehicle to Dealer Partner

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released a financial update for its fiscal second quarter for the three and six months ended March 31, 2023. According to the report, the company used $67.6 million cash in operating activities, with cash flows used in investing activities coming in at $97.4 million; those numbers are offset by cash inflows from financing activities of…

Thursday May 11, 2023 - 12:22 pm

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Secures $15,755,000 Vehicle Purchase Agreement with MGT

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its entry into a vehicle purchase agreement with MGT Lease Company (“MGT”), a national fleet leasing provider, to purchase 250 all-electric commercial class 3 cab chassis EV trucks in a contract valued at $15,755,000. The vehicles are slated for delivery beginning in August 2023, with complete fulfillment of the purchase agreement to occur…

Thursday May 04, 2023 - 9:55 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Customer Pricing for Two Models, Notes 1-for 25 Reverse Stock Split

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is releasing customer pricing for its Class 1 EV cargo van; the company announced that the starting price for the EV van will be $34,500 and the class 3 EV cab chassis trucks will start at $68,500. The announcement comes as the company has delivered 19 EV cargo vans to date with 20 more planned…

Wednesday May 03, 2023 - 11:00 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Corporate Update

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting on its manufacturing activities in its two facilities and in producing its line of EVS. The company also noted that as of April 30, 2023, it had available cash of $116.1 million and has received $263 million in purchase orders for its Mullen class 1 and class 3 EV vans and trucks from…

Monday May 01, 2023 - 11:12 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Receives Follow-Up Fleet Order from UNC Charlotte

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received a second order of eight EV campus cargo vans from the University of North Carolina at Charlotte (UNC Charlotte). The campus vans offer 186 miles of range and are designed for closed campus use, featuring the same DNA as the Mullen ONE class 1 EV cargo van but purpose-built to be an ideal…

Friday Apr 28, 2023 - 10:33 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports on EMM Installation in Nation’s Capital, Recent Stock Performance

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has provided an update on the testing and installation of Energy Management Modules (“EMM”) comprised of 40 Chevrolet Bolts within the Washington, DC, city government’s vehicle fleet. According to the update, Mullen Advanced Energy Operations (“MAEO”) has been collaborating on the testing; MAEO is a 51%-owned subsidiary of Mullen Automotive EV Technologies LLC and Global…

Monday Apr 24, 2023 - 10:27 am

InvestorNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) MAEO to Execute $680K Contract with the District of Columbia

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced that its majority owned subsidiary, Mullen Advanced Energy Operations (“MAEO”), will today begin execution of a $680,000 contract that was previously awarded by the District of Columbia, Washington, D.C., to EV Technologies, LLC. The contract covers the purchase and installation of Energy Management Module (“EMM”) units on Chevrolet Bolts within the D.C. city…

Thursday Apr 20, 2023 - 2:21 pm

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports on Test Results for Acquired Tech Showing Major Energy Advancement

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released test results from technology acquired through a recent joint venture. According to the announcement, previous vehicle test results, which were performed by Element Materials Technology, show that Energy Management module (“EMM”) technology resulted in range increase of 60%–70% along with an increase in efficiency of any current EV battery. In addition to the…

Tuesday Apr 18, 2023 - 10:16 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN), EVT Collaborate to Enhance EV Performance, Scale to Other Energy Applications

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a partnership with Global EV Technology, Inc. and EV Technologies, LLC. (collectively “EVT”) to form Mullen Advanced Energy Operations, LLC. (“MAEO”) with initial development for improving energy management technology in electric vehicles for greater range and vehicle performance and scaling to other energy applications. Mullen owns 51% of the newly formed entity and…

Tuesday Apr 04, 2023 - 10:00 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Completion of Pilot Program at LAX; Accelerates Integration of New Battery Tech

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has successfully concluded a 60-day commercial EV pilot program with Menzies Aviation and Loop Global Inc. at the Los Angeles International Airport (“LAX”). Menzies currently operates in 250-plus airports in 58 countries to provide ground, air cargo and fuel services to commercial airports and airlines. During the pilot program, Menzies used two class 1 EV vans at…

Monday Apr 03, 2023 - 10:18 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Notes Delivery of Class 1 EV Cargo Vans to UNC Charlotte, ‘First of Many’ Expected Orders

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced the delivery of Class 1 EV cargo vans to the University of North Carolina at Charlotte (“UNC Charlotte”); Randy Marion Automotive Group facilitated the delivery of the EV vehicle. According to the announcement, the university, which is committed to helping create a more sustainable environment, plans to use the MULN cargo vans for a variety of…

Friday Mar 31, 2023 - 12:47 pm

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Delivery of First-Class 1 EV Cargo Vans to North Carolina Leasing Company

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has successfully delivered class 1 EV cargo vans to MGT Company (“MGT”) in Highpoint, North Carolina; the order was fulfilled by the Randy Marion Automotive Group. According to the announcement, MGT as one of Mullen’s first commercial EV fleet customers. A growing commercial vehicle sales and leasing company reporting 2022 revenue of more $70 million,…

Tuesday Mar 28, 2023 - 11:38 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Files Lawsuit for Damages Sustained from False Article

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it has filed a civil complaint for defamation in the Superior Court of Delaware. The complaint alleges that on March 22, 2023, Intersection Media Group, d/b/a dot.LA, published an article on its website authored by David Shultz that contained false and defamatory statements regarding Mullen, including false and defamatory statements regarding the…

Monday Mar 20, 2023 - 3:03 pm

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Enters Licensing Agreement with Qiantu Motors to Manufacture, Distribute EV Supercar

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is partnering with Qiantu Motors to launch the DragonFLY K50 in the Americas. As part of an exclusive licensing agreement, Qiantu Motors and affiliated companies granted MULN the North and South American IP and distribution rights allowing assembly and distribution. The announcement noted that Mullen will finalize vehicle engineering in compliance with U.S. regulations with…

Thursday Mar 16, 2023 - 1:29 pm

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Positioning to Deliver Class 1 and 3 Vehicles, Enter Next Phase of Crossover Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today released a statement from its CEO to address recent investor inquires. Among the highlights, Mullen anticipates making Class 1 EV deliveries to various commercial customers before the end of March 2023 and believes the company’s cash on hand and expected firm cash commitments will provide enough capital to execute on its business plan over…

Thursday Mar 09, 2023 - 10:06 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Receives NASDAQ Approval for 180-Day Extension to Meet Minimum $1 Bid Price

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced that it received approval from NASDAQ of its 180-day extension request to meet the exchange’s $1 minimum bid price requirement. According to the announcement, Mullen received notice in September 2022 that its listed common stock no longer met NASDAQ’s minimum $1 bid price per share requirement. The company was given 180 calendar days, or…

Tuesday Mar 07, 2023 - 11:51 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) to Unveil Commercial Product Lineup at NTEA’s Work Truck Week

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced that, starting today, it will showcase both its Class 1 EV cargo van and Class 3 low-cab forward at NTEA’s Work Truck Week 2023 in Indianapolis, Indiana. The event is taking place March 7-10 at the Indiana Convention Center and includes 511 exhibitors displaying the industry’s latest products and technology. “We are excited…

Monday Mar 06, 2023 - 11:57 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Selected by Rapid Response Defense Systems as Exclusive Provider for Class 1 EV Cargo Vans

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is partnering with Rapid Response Defense Systems (“RRDS”) to produce Class 1 EV cargo vans for federal government orders, including potential large-scale vehicle fleet orders. According to the announcement, RRDS is one of the country’s leading small business federal contractors and has been awarded and delivered on more than 2,500 federal government delivery orders since…

Wednesday Feb 15, 2023 - 10:12 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Q1 2023 Fiscal, Business Report

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting on its fiscal first quarter for the period ending Dec. 31, 2022. Highlights of the report include the following: acquiring the assets of Electric Last Mile Solutions (“ELMS”) in a $105 million acquisition move; $100 million in cash being available for operations and investment at the end of Q1 2023; 31, 2022; securing…

Thursday Feb 02, 2023 - 1:44 pm

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Partners with Loop Global, Menzies Aviation on LAX Pilot Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is collaborating with Menzies Aviation and Loop Global Inc. on a pilot program at the Los Angeles International Airport; the program involves Mullen’s Class 1 EV cargo vans. The world’s largest aviation services company, Menzies operates in 250-plus airports in 58 countries, providing ground, air cargo and fuel services to commercial airports and airlines. Menzies…

Thursday Jan 26, 2023 - 11:10 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports on Special Shareholder Meeting, Announces Key New Hires

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is releasing results from its reconvened Special Meeting of Stockholders. The meeting, which was held on Jan. 25, 2023, included several proxy proposals on the agenda; MULN is reporting that all proposals were approved. According to the announcement, the company has no current plans to effect a reverse split. In addition, the company has until March…

Thursday Dec 22, 2022 - 10:42 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces I-GO European Arrival

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced that its I-GO(TM) Commercial Urban Delivery EV has arrived in Europe; specifically, sample vehicles are on their way to Ireland-based Newgate Motor Group, with an expected delivery for early next month. Initially, delivery was scheduled for December, but COVID-related shutdown issues caused the delay. According to the announcement, Mullen’s I-GO is an urban…

Tuesday Dec 20, 2022 - 11:21 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Wraps Up 2022 Mullen FIVE Strikingly Different Tour

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, finished its innovative 2022 Mullen FIVE Strikingly Different Test Drive Tour with a last stop on Dec. 16, 2022, in Charlotte, North Carolina. The tour began Oct. 27, 2022, and featured stops in nine cities in the west, south, and southeastern parts of the country. According to the announcement, the tour was very successful; the…

Thursday Dec 15, 2022 - 12:29 pm

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces New PO for 6,000 Class 1 EV Cargo Vans

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, received a purchase order for 6,000 Class 1 EV cargo vans; the order comes from Randy Marion Isuzu LLC, a member of the Randy Marion Automotive Group (“RMA”). According to the announcement, the order is valued at an estimated $200 million, and MULN anticipates starting delivery of the vehicles by Q1 2023. One of the…

Wednesday Dec 14, 2022 - 11:05 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN), Loop Global Inc. Enter Strategic Partnership

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its entry into a definitive agreement with Loop Global, a full-service EV charging solution provider, to build the next generation of public and private EV charging technology, infrastructure and network solutions. According to the announcement, the partnership will combine Mullen Automotive’s expertise in electric vehicle design and engineering with Loop’s expertise in electric…

Tuesday Dec 13, 2022 - 10:56 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Signs RMA as First US Dealer Partner for Commercial EV Lineup

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced Randy Marion Automotive (“RMA”) as the first dealer group partner for MULN’s commercial EV lineup, which is set to launch in the U.S. in 2023. The commercial EV line includes Class 1-3 cargo van and cab chassis offerings and Bollinger Motors Class 4-6 chassis products. “We are impressed with Mullen Automotive’s EV lineup,…

Friday Dec 09, 2022 - 9:47 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Former General Motors Federal Government Sales Leader as New GM of Government Sales

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has hired Ronal Dixon as its general manager of government sales; Dixon will focus on U.S. government vehicle procurement programs. With more than four decades of experience, Dixon has an impressive resume, including serving for more than 20 years as a leader on General Motors’ Federal Government Fleet Sales Team, responsible for all aspects of…

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