News Archives - Page 31 of 49

MondayJun 06, 2022 1:55 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announced Addition to Russell 2000(R), 3000(R) Indexes

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, will be joining the Russell 2000 and 3000® Indexes effective later this month, on June 27, 2022, after the market opens. The company was named on a preliminary list of additions posted by FTSE Russell on June 3, 2022. In addition, MULN will be automatically added to the appropriate growth and value indexes. According to the announcement, the Russell indexes are comprised of the 4,000 largest U.S. stocks, based on May 6, 2022, trading status. Membership is for one year and is reassessed every year, with new members released annually. Membership…

FridayJun 03, 2022 1:41 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) CEO to Appear on Benzinga’s ‘All Access’ Series

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, and its CEO and chair David Michery are spotlighted during an interview on Benzinga’s All Access Series. The interview is slated for today, June 3, 2022, at 11 a.m. ET. Michery and All Access host Spencer Israel will discuss the company, including its upcoming “Strikingly Different” U.S. test drive tour, which will include stops at 19 cities across the country. Benzinga’s All Access show is a valuable source for those who want to learn more about the latest-trending stocks and investment opportunities. The show features live CEO interviews, due diligence…

FridayJun 03, 2022 1:24 pm

GreenCarNewsBreaks – Elektros Inc. (ELEK) Announces Filing of Patent Pending for EV Portable Battery Technology

Elektros (OTC: ELEK), an emerging leader in the electric vehicle industry, has announced that the company filed a patent pending last week with the United States Patent and Trademark Office for a revolutionary portable battery technology. According to the update, Elektros aims to perfect this technology over the next year to make it compatible with all Tesla models and other electric vehicles such as the Mercedes-Benz EQS. The portable battery contains an extension cord and allows consumers to plug in their electric vehicles at any time or place in case they do not have access to a traditional electric vehicle…

TuesdayMay 31, 2022 2:48 pm

GreenCarNewsBreaks – TUGA Innovations Inc. (CSE: TUGA) (FRA: DQ5) (OTC: TUGAF) Appoints Head of Engineering for Portuguese Operations

TUGA Innovations (CSE: TUGA) (FRA: DQ5) (OTC: TUGAF), which is developing solutions for urban mobility challenges with the TUGA, a new type of electric vehicle (“EV”), recently announced the appointment of experienced product developer and mechanical engineer, Samuel Gomez, to the role of head of engineering for Portuguese operations. Gomez brings more than six years of direct experience in vehicle tuning with a focus on ride and handling improvements. In addition, Kraig Shultz has stepped down from his role as chief technology officer, effective immediately, and remains a director of the company. “We are thrilled to have Samuel join us…

TuesdayMay 31, 2022 1:28 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Exceptional Test Performance of Solid-State Polymer Battery

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced results of its solid-state polymer battery testing with the Battery Innovation Center (“BIC”) in Indiana. According to the update, BIC’s testing results show the solid-state polymer cell, rated at 300 Ah and 3.7 volts, tested in at 343.28 Ah at 4.2 volts, exceeding expectation and in line with test tolerance from previous EV Grid test results. Test data collected from both BIC and EV Grid demonstrate an impressive outcome and future for solid-state batteries. It is expected that with this technology, when scaled to the vehicle pack level,…

FridayMay 20, 2022 11:17 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Names New President of International Operations

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced a new president of international operations: Richard Curtis. Previously president of the Imperium Motor Company, Curtis has served as a turnaround specialist for Lithia Automotive group in three western states. In addition, he was director of electric vehicles for the largest privately owned dealer group in Northern California. Under his leadership, the group earned the distinction of being the top-volume EV seller for the Nissan Leaf, Fiat 500 EV and Chevrolet Volt. “Richard has tremendous experience throughout Asia and will be key to expanding our presence there and…

WednesdayMay 18, 2022 1:02 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Several New Hires as Key to EV Programs, Bright Future

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, on Tuesday announced several new hires across vehicle engineering, vehicle integration, powertrain systems and manufacturing in support of EV vehicle programs. Mullen’s CEO and Chairman David Michery indicated that each of the individuals is vital and will be located across the company’s different facilities in California and Mississippi, Mullen’s Powertrain in Monrovia, and Mullen’s AMEC Manufacturing. “I am happy to announce the addition of these new members to the Mullen Automotive Team,” Michery said. “Every new team member is a vital hire and an integral part of our EV programs…

TuesdayMay 17, 2022 1:14 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Adds Key Personnel to Support Growth

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released a list of new employees that have been carefully hired to fuel the company’s success and support the company’s growing EV offerings, including the Mullen FIVE EV Crossover and Mullen ONE EV Cargo Van. The individuals are filling roles in an array of areas, such as vehicle engineering, vehicle integration, powertrain systems and manufacturing, and are working in several different locations, including Mullen’s vehicle team in Anaheim, California; its powertrain team in Monrovia, California; and its AMEC manufacturing team in Tunica, Mississippi. The new hires include product engineers…

MondayMay 16, 2022 2:03 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN), LGG Report on Vehicle Pack Development of Battery Cell Tech

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released an update on its partnership with Linghang Guochuang Group (“LGG”). According to the update, the two companies are working together to take solid-state polymer battery cell technology into vehicle pack level development, with solid-state polymer batteries being anticipated to be available for the second generation of the Mullen FIVE EV Crossover. The two companies announced their partnership in 2019 and then progress was sidelined in 2020 because of COVID-19 outbreak. Recently, Mullen and LGG have picked up again, starting integration of the solid-state polymer cell technology into the…

FridayMay 13, 2022 11:49 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Q2 Preliminary Financial Results

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced preliminary financial results (subject to change) for its period ending March 31, 2022. Among the highlights, the company reported cash and cash equivalents amounting to $65.2 million, as well as total debt of $22.1 million continuing its downward trend. In May 2022, Mullen signed a proposal with Thurner Design for the vehicle development of the Mullen FIVE RS, a high-performance EV sport crossover vehicle featuring close to 1,100 HP, 0-60 mph in just 1.95 seconds, and 200 mph top speed. Further, Mullen FIVE reservations increased substantially and more…

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