WednesdayNov 09, 2022 1:39 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Inks Distribution Deal for Expansion into Ireland, UK

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has signed a distribution agreement with Newgate Motor Group, one of Ireland’s best-known dealerships. The agreement calls for Newgate to serve as the marketing, sales, distribution and servicing agent for the Mullen I-GO in Ireland and the United Kingdom. As part of the agreement, Newgate will purchase initial units of I-GO for use in vehicle demonstrations, marketing and sales opportunities with potential customers. According to the announcement, Mullen anticipates delivering those I-GO samples by end of December 2022. With more than four decades of experience, Newgate Auto Group is well…

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MondayNov 07, 2022 11:13 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Featured in Cleantech and Climate Change Podcast

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, was featured in a new edition of the Cleantech and Climate Change Podcast issued by Investorideas.com, a global news source and leading investor resource covering clean technology and renewable energy stocks issues. Mullen’s Founder, Chairman and CEO David Michery joined the podcast to discuss recent news and milestones and lay out Mullen’s future plans for manufacturing and sales. During the interview, Michery goes into detail on the significance of Mullen’s acquisition and controlling interest in EV truck innovator, Bollinger Motors (the company’s first EV acquisition), and the purchase of ELMS…

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WednesdayNov 02, 2022 10:34 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Eliminates Some $13M in Debt

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has eliminated $13 million in company debt, resulting in a reduction of overall indebtedness from more than $30 million last year to less than $10 million currently. The company has been working to strengthen its financial balance sheet; it also recently eliminated some $13 million of company debt associated with Esousa Holdings LLC. According to the announcement, MULN believes this debt conversion will save more than $3.5 million in interest expenses. With less than $10 million left of outstanding indebtedness, Mullen is maintaining its strong financial health. “It’s been a…

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MondayOct 31, 2022 10:20 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Shares Responses from Participants of Its Strikingly Different FIVE EV Crossover Tour

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle ("EV") manufacturer, is seeing an overwhelmingly positive response to its Strikingly Different FIVE EV Crossover tour. Tour participants, including potential buyers and Mullen investors, who reserve a spot on the tour are enjoying the opportunity to ride the Mullen EV Crossover and personally interact with Mullen’s updated infotainment system, which features PERSONA, Mullen’s proprietary Personal Vehicle Assistant technology. PERSONA uses the latest facial recognition technology, which enables the vehicle to provide a highly personalized experience to every driver of the Mullen FIVE. The tour kicked off in Pasadena, California, last week, and has…

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FridayOct 28, 2022 12:41 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports Higher-than-Expected Preorders for Mullen FIVE Electric-SUV Crossover

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is accepting preorders for its Mullen FIVE vehicle, and the company’s Strikingly Different EV Crossover Tour has had a significant impact on those orders. The tour kicked off earlier this week, and preorders for the new SUV crossover quadrupled in the period leading up to and during the tour’s first stop in Pasadena, California. Those who attend the tour can take a test drive in the new EV, with a professional driver at the wheel; they also have an opportunity to interact with the vehicle’s innovative infotainment system and see…

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ThursdayOct 27, 2022 10:57 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Featured in Latest Cleantech and Climate Change Podcast Report on EV Stocks

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is spotlighted in the new edition of the Cleantech and Climate Change Podcast, issued by Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks. The episode focuses on the electric vehicle space and talks about the growth story of the EV market. During the episode, Mullen’s latest announcement that it has secured exclusive sales, distribution and branding rights to the new compact urban delivery electric vehicle, the I-GO(TM), was discussed. Fully EU Standard homologated and certified for sale in select European markets, the I-GO…

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WednesdayOct 26, 2022 12:06 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Official Start of the Demonstrator US Tour for Its FIVE EV Crossover

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the beginning of the Mullen FIVE Strikingly Different EV Crossover Tour, which will commence on Oct. 27 in Pasadena, California. Due to overwhelming interest, the tour has been expanded to add new dates of Nov. 1 and 2 at Angel Stadium in Anaheim, California. “When we announced the Pasadena location, we received an overwhelmingly positive response and were completely booked out in a matter of hours. So, we decided to add an additional LA area stop to ensure more people have the opportunity to experience the FIVE,” said…

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MondayOct 24, 2022 10:58 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces the I-GO(TM), a Fully EU Homologated Vehicle

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it has secured exclusive sales, distribution and branding rights to the new compact urban delivery electric vehicle, the I-GO, which is fully EU Standard homologated and certified for sale in select European markets. The I-GO bridges the gap between the growing demand for quick deliveries and space constraints found throughout the dense cities of Europe. “Securing the exclusive sales, distribution and branding rights in major European countries for a ready to market electric commercial delivery vehicle is a huge win for the company. The company plans on…

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FridayOct 21, 2022 11:04 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Appoints Former GM Exec as Chief Commercial Officer

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the hiring of John Schwegman as its chief commercial officer (“CCO”) for Mullen’s line of commercial vehicles. Prior to joining Mullen, Schwegman spent 35 years of his career at General Motors (“GM”), holding various executive-level roles and leading global teams across four continents. At GM, he oversaw the growth of commercial product lines, repositioned core brands, developed Chevrolet's core electric vehicle prioritization, relaunched GM’s previously retired medium-duty commercial fleet business and more. “John has tremendous experience in commercial automotive sales, and this makes him a highly strategic addition…

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ThursdayOct 20, 2022 1:07 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Spotlighted in Latest Investorideas.com Special Report

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is featured in a recent Investorideas.com special report. Investorideas.com is a leading investor news resource covering EV and automotive stocks. According to the report, the global electric car market is valued at $105 billion this year and projected to reach more than $354 billion by 2028. The report noted Mullen’s plans, which were approved by the U.S. Bankruptcy Court, to acquire the assets of Electric Last Mile Solutions (“ELMS”) in an all-cash purchase. The acquisition will include ELMS's manufacturing plant along with all inventory and intellectual property. The report also…

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