News Archives - Page 15 of 49

MondayJan 22, 2024 12:04 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers 130 Additional Class 1 EV Cargo Vans to RMA

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it has delivered 130 additional Mullen ONE, Class 1 EV cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”). To date, the company has delivered 230 Mullen ONEs with a total invoiced amount of $7,736,150 as part of the initial 1,000 vehicle purchase order from RMA. Based in Charlotte, North Carolina, Randy Marion is one of the top commercial dealer groups in the U.S. Production for the Class 1 is based out of Tunica, Mississippi, which is home to Mullen’s commercial vehicle assembly for both…

FridayJan 19, 2024 2:59 pm

GreenCarNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Majority-Owned Bollinger Motors Receives Orders Valued at ~$6M

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its majority-owned Bollinger Motors has received vehicle orders for 40 B4, Class 4 EV trucks, valued at a total of approximately $6 million. According to the announcement, the company anticipates the 100% American-made Bollinger B4 chassis cab to begin production in mid-2024. The truck is expected to be eligible nationwide for a federal purchasing incentive of 30% of the cost of the vehicle, up to a total of $40,000, through the Inflation Reduction Act of 2022. The announcement noted that the purpose-built Bollinger B4 commercial trucks, which…

ThursdayJan 18, 2024 1:36 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Sporty Five RS Featured in Recent CarScoops Article

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, and its just-announced Five RS is being spotlighted by CarScoops. Mullen unveiled the high-performance version of its crossover at the Consumer Electronics Show (“CES”) in Las Vegas, and CarScoops notes that the model has an intriguing design, big performance claims and a production date set for late 2025. The article pointed out key features of Mullen’s latest offering, including its fast-charging capabilities, integrated infotainment system, artificial intelligence (“AI”)-based personal assistance called Persona, facial recognition technology and level 2+ driver assistance tech. “Although seeing EVs with impressive performance figures is nothing…

WednesdayJan 17, 2024 2:05 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports on 2023 Financial Results, Provides Business Update

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released a report on its financial results for the 12-month period ended Sept. 30, 2023; the company also reported on its current business operations. In the report, the company noted key achievements throughout the year, including the company recording its first revenues of $366,000 and delivering vehicles valued at $652,200 to Randy Marion Automotive for resale in September; the production of Class 3 (the Mullen THREE) vehicles beginning in August 2023 and production Class 1 (the Mullen ONE) beginning in November 2023; and by year-end delivering 100 Class 1…

TuesdayJan 16, 2024 3:46 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) ‘Ready to Challenge’ with New Five RS SUV, Reports ‘Road Track’ Article

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, and its Mullen Five RS were spotlighted in a recent “Road Track” article. The article noted that the sporty new model, which was revealed at CES 2024, is “ready to challenge Tesla and Lucid in the performance EV space. . . . Known as the Mullen Five RS, this electric crossover promises to bring over 1000 hp and a sub-2.0-second 0-60 mph sprint.” The article provided a background look at Mullen, which was incorporated in 2014 and comprises pieces of Coda Motor Cars and Mullen Motors. Calling the Five RS…

FridayJan 12, 2024 12:00 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Five RS SUV Spotlighted in Recent ‘Car and Driver’ Article

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, and the Mullen Five RS were featured in a recent article posted by “Car and Driver.” The article highlighted Mullen’s planned release of its Mullen Five RS model, an extremely high-performance electric SUV. Designed and built in the United States, the EV is expected to launch first in Europe in 2025 with subsequent availability in the United States in 2027. The all-wheel-drive Five RS features a two-speed transmission targeting more than 1,000 horsepower, a top speed of 200 mph and the ability to go from zero to 60 mph in…

ThursdayJan 11, 2024 2:06 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Unveils Mullen THREE Phenix/Knapheide Upfit

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the completion of a light-weight service truck body for the All-Electric Mullen THREE, which was developed in collaboration with Phenix Truck Bodies & Van Equipment and Knapheide Manufacturing. According to the announcement, the unique, light-weight body configuration was designed to bring an EV solution for Class 3 service body truck fleets to municipalities and public utilities. The Mullen Class 3 vehicle upfit is available to commercial fleet customers for evaluation and pilot programs and is on display now at Mullen’s CES 2024 (“Consumer Electronics Show”) and will be…

ThursdayJan 11, 2024 1:45 pm

GreenCarNewsBreaks — Lucid Group Inc. (NASDAQ: LCID) Reports on Production for Q4, Schedules Q4 2023 Earnings Call

Lucid Group (NASDAQ: LCID), a company setting new standards for luxury electric experience with the Lucid Air, has released production and delivery totals for fourth quarter 2023, the period ended Dec. 31, 2023. According to the report, the company produced 2,391 vehicles and delivered 1,734 vehicles during the quarter. Those numbers added to numbers from previous 2-2023 quarters bring the total number of produced vehicles in 2023 to 8,428 with a total of 6,001 vehicles being delivered. The company also announced it will host an earnings conference call to discuss Q4 2023 financial results; the call is slated to begin…

WednesdayJan 10, 2024 1:46 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces ATVM Pre-Application for Domestic Battery Materials Processing

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its subsidiary Mullen Advanced Energy, LLC submitted a pre-application to the U.S. Department of Energy (“DOE”) Advanced Technology Vehicles Manufacturing (“ATVM”) Loan Program to support its expansion into domestic battery manufacturing. A $25 billion-dollar direct loan program funded by Congress in fall 2008, ATVM is designed to provide debt capital to the U.S. automotive industry for the purpose of funding projects that help vehicles manufactured in the U.S. meet higher mileage requirements and lessen U.S. dependence on foreign oil. “We are fully committed to transitioning the manufacturing of EVs…

MondayJan 08, 2024 3:00 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Submits Concept Paper to DOE for Domestic Battery Materials Processing

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its subsidiary Mullen Advanced Energy, LLC submitted a Concept Paper in response to the U.S. Department of Energy (“DOE”) Funding Opportunity for Battery Materials. Established on Nov. 13, 2023, via the current administration, the program announces up to $3.5 billion from the Bipartisan Infrastructure Law to boost domestic production of advanced batteries and battery materials nationwide. Mullen’s submission details its plan to produce approximately 150,000 battery packs domestically through calendar year 2032 to support Mullen’s EVs, currently assembled in the U.S. at the Company’s Tunica, Mississippi-based plant.…

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