GreenCarNewsBreaks Archive - Page 16 of 55

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.…

ThursdayJan 04, 2024 2:55 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Invoices $12M-Plus for Class 1, Class 3 EVs in 2023

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting on the status of its Class 1 and Class 3 vehicles for 2023. According to the announcement, the company delivered 100 Class 1 and 141 Class 3 vehicles by year end, for a total invoiced amount of $12,559,520. Mullen also anticipates delivering an additional 185 Class 1 vehicles by Jan. 8, 2024. The vehicles were delivered to the Randy Marion Automotive Group as part of a vehicle purchase order calling for 6,000 Class 1 vehicles and 1,000 Class 3 vehicles in total; invoicing for the vehicles will total…

WednesdayJan 03, 2024 12:47 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reaches Class 3 Delivery Target for 2023 Calendar Year

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting that it reached its Class 3 target for the calendar year 2023. According to the announcement, the company built 154 Class 3 vehicles and delivered 141 Class 3 vehicles to the Randy Marion Automotive Group (“RMA”) for a total invoiced amount of $9,196,021; the company noted that the remaining 13 vehicles are being utilized for engineering and marketing purposes. Production of the Mullen Three takes place in the company’s Tunica, Mississippi-based commercial vehicle facility; the Mullen ONE, Class 1 EV cargo van and Class 3 EV cab chassis…

TuesdayJan 02, 2024 1:29 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers 50 Additional Class 1 EV Cargo Vans to Randy Marion Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its delivery of 50 additional Class 1 EV cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”), invoicing RMA for $1,681,750. To date, Mullen has delivered 100 Class 1 cargo vans for a total invoiced amount of $3,363,500 and is on target to deliver a total of 285 Class 1 vehicles by Jan. 8, 2024. “We ended 2023 with an emphasis on delivering Class 1 and Class 3 vehicles and are now ramping up production to meet the commitments we have for the 2024 demands of…

ThursdayDec 28, 2023 11:54 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers 50 Class 1 EV Cargo Vans to Randy Marion Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced delivery of 50 all-electric Mullen ONE, Class 1 cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”) with the company invoicing RMA for $1,680,000. Mullen anticipates shipping and invoicing a total of 285 Mullen ONE cargo vans within the next five business days to RMA. “With the advance of last-mile delivery and the growth of in-home services, the Mullen ONE EV cargo van is in strong demand,” said Brad Sigmon, fleet vice president at Randy Marion Automotive. “The Mullen ONE is an extremely versatile offering and…

WednesdayDec 27, 2023 2:46 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Completes Solid-State Polymer Cell to Pack Development, Commences Class 1 Battery Pack Testing

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the successful completion of solid-state polymer cell to pack integration for the Mullen ONE Class 1 EV cargo vans. Having completed pack development, the solid-state BMS and pack level testing is set to kick off on Dec. 28, 2023. The progress allows Mullen to remain on schedule to begin on-vehicle road testing of the solid-state polymer packs in the Class 1 EV cargo van in the first quarter of 2024. “We continue to make significant progress in fulfilling our commitment to providing the next-generation of battery technology to…

TuesdayDec 26, 2023 11:02 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Delivery of 63 Additional Class 3 Vehicles to RMA Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has delivered 63 Class 3 vehicles to the Randy Marion Automotive Group (“RMA”) and has invoiced RMA for $3,969,000. This shipment brings the total delivered EVs to 121, valued at more than $7.5 million, with plans to deliver 150 vehicles total by the end of the year. These vehicles are part of a purchase order placed by RMA earlier this year for 1,000 vehicles in all, with the first vehicles shipped in September. Mullen expects to deliver the majority of the vehicles in 2024. The company’s Tunica, Mississippi-based plant is…

FridayDec 22, 2023 1:55 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Achieves Important Milestone, ‘Laser-Focused on Commercial Vehicle Production and Customer Deliveries’

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its achievement of a production milestone on Dec. 13, 2023, with the 100th Mullen THREE, Class 3 cab chassis electric truck, rolling off the assembly line in Tunica, Mississippi. As of Dec. 22, 2023, the company has completed 125 Mullen THREE vehicles. A video of the 100th Mullen THREE crossing the production finish line is available on Mullen’s YouTube channel and website. “This is an important milestone for Mullen and demonstrates our EV assembly plant in Tunica is scaling up to meet the commercial vehicle production schedule that…

ThursdayDec 21, 2023 4:38 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Delivery of 38 Class 3s to Randy Marion Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the delivery of 38 additional Class 3 vehicles to Randy Marion Automotive Group (“RMA” or “Randy Marion”) with the company invoicing RMA for $2.5 million. Randy Marion has committed to 1,000 Class 3 vehicles for a total of $63 million, with the majority of the vehicles to be delivered in calendar year 2024. As previously reported, Class 3 production at Mullen’s Tunica, Mississippi, facility is planned for 150 vehicles for 2023, with total capacity for Class 3 planned at 3,000 vehicles annually per shift. “The Mullen THREE product…

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