BREA, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Mullen Technologies Inc. (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive agreement to merge with Net Element, Inc. (NASDAQ: NETE) in a stock-for-stock reverse merger in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company, announced today the debut date of the Mullen FIVE EV Crossover. Mullen will debut to the world, for the first time, the FIVE EV Crossover on Nov. 17, 2021, at the Los Angeles International Auto Show (LAIAS).
The Strikingly Different™ FIVE will debut in the South Hall on day one of international media and press days at LAIAS. The FIVE will continue on display in the South Hall during the consumer days of the show, Nov. 19-28, 2021.
Mullen will continue its momentum into 2022 by additionally displaying and showcasing the Mullen FIVE at the Consumer Electronic Show (CES® 2022), taking place Jan. 5-8, 2022, in Las Vegas.
During both events, Mullen will display multiple variants of the FIVE model while also showcasing powertrain, battery and charging partnerships.
“Debuting the FIVE is a dream of mine that has been years in the making. I am really beyond words for what this means to me personally. I want to take a moment and thank the Mullen team, whose focus has been making the FIVE a reality. Both the LA show and CES are two of the largest and most well-respected international automotive shows in the world. I cannot think of a better place for us to debut the FIVE, front and center for the world to see,” said David Michery, CEO and chairman of Mullen.
The FIVE is built on an EV crossover skateboard platform that offers multiple powertrain configurations and trim levels in a svelte design that is Strikingly Different™ and exciting to experience in person. Learn more about the Mullen FIVE at MullenUSA.com.
About Mullen Technologies:
Mullen Technologies is a Southern California-based licensed vehicle manufacturer that operates in various verticals of the businesses focusing in the automotive industry: Mullen Automotive, Mullen Energy, Mullen Auto Sales, Mullen Funding Corp. and CarHub. Each of these divisions provides Mullen with diversity of products and services within the automotive industry. For more information, please visit: www.MullenUSA.com.
This press release contains “forward-looking statements.” Words such as “may,” “should,” “could,” “would,” “predicts,” “potential,” “continue,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar expressions, as well as statements in future tense, often signify forward-looking statements. These forward-looking statements include, without limitation, statements relating to the proposed production date of the Mullen FIVE (formely MX-05) midsize crossover and perceived advantages and future deployment of the solid-state polymer battery technology. These forward-looking statements are, by their nature, subject to significant risks and uncertainties.
Forward-looking statements should not be read as a guarantee of future performance or results and may not be accurate indications of when such performance or results will be achieved. Forward-looking statements are based on information that the Company has when those statements are made or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements, including any changes in the laws, rules and regulations relating to any aspects of the Company’s business operations; general economic, market and business conditions, including capital market developments, the actions and developments of the Company’s competitors and the effects of competition in the EV industry on the demand for, and price of, the Company’s current and proposed products and services; various business opportunities that the Company; and factors beyond the Company’s control. As a result of these and other risks, uncertainties and assumptions, forward-looking events and circumstances discussed herein might not occur in the way the Company expects or at all. Accordingly, you should not place reliance on any forward-looking information or statements. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise. All forward-looking statements herein are qualified by reference to the cautionary statements set forth in this section.
Mullen Technologies, Inc.
+1 (714) 613-1900
For more information, please visit https://www.mullenusa.com/.