Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has successfully delivered class 1 EV cargo vans to MGT Company (“MGT”) in Highpoint, North Carolina; the order was fulfilled by the Randy Marion Automotive Group. According to the announcement, MGT as one of Mullen’s first commercial EV fleet customers. A growing commercial vehicle sales and leasing company reporting 2022 revenue of more $70 million, MGT has a primary customer base focused on last-mile segments, such as package delivery and retail along with vocations such as plumbing and electrician. “We continue to see growing interest in our commercial EV offerings, and it’s great to have MGT as one of our first commercial customers,” said Mullen Automotive CEO and chair David Michery in the press release. “We look forward to growing our relationship with MGT across our entire platform of commercial EV vehicles.”
To view the full press release, visit https://ibn.fm/akXSX
About Mullen Automotive Inc.
Mullen Automotive is a Southern California-based automotive company building the next generation of electric vehicles (“EVs”) that will be manufactured in its two United States-based assembly plants. Mullen’s EV development portfolio includes the Mullen FIVE EV Crossover, Mullen I-GO Commercial Urban Delivery EV, Mullen commercial class 1-3 EVs and Bollinger Motors, which features both the B1 and B2 electric SUV trucks and class 4-6 commercial offerings. On Sept. 7, 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive, and on Dec. 1, 2022, Mullen closed on the acquisition of all of Electric Last Mile Solutions’ (“ELMS”) assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana. To learn more about the company, visit www.MullenUSA.com.
NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php