Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced that its I-GO(TM) Commercial Urban Delivery EV has arrived in Europe; specifically, sample vehicles are on their way to Ireland-based Newgate Motor Group, with an expected delivery for early next month. Initially, delivery was scheduled for December, but COVID-related shutdown issues caused the delay. According to the announcement, Mullen’s I-GO is an urban commercial delivery vehicle designed to meet the growing demand for quick deliveries in dense cities throughout Europe that have space constraints; the I-GO is EU standard homologated, certified, and ready for sale in initial markets of the United Kingdom, Germany, Spain, France and Ireland. Last month Mullen entered into an agreement to have the Newgate Motor Group become the marketing, sales, distribution and servicing agent for the I-GO in Ireland and the United Kingdom. With more than 40 years of experience in the motor industry, Newgate is well respected in the auto industry and represents several brands including Renault/Dacia, Kia and Mercedes-Benz. Newgate also has substantial relationships in the vehicle distribution business throughout the United Kingdom and various parts of Europe. “The initial I-GO samples have arrived in Europe and are now on their way to Newgate in Ireland,” said Mullen Automotive CEO and chairman David Michery in the press release. “We are excited for sales and service to get up and running with Newgate. Once established, we will look further into other opportunities for the European market. The I-GO is a great alternative vehicle for delivery in dense metro European cities. The small size is perfect for maneuverability on tight Euro streets, and the zero emissions and lower cost of ownership is a great combination for our potential commercial customers.”
To view the full press release, visit https://ibn.fm/2Cl1B
About Mullen Automotive Inc.
Mullen is a southern California-based automotive company building the next generation of electric vehicles that will be manufactured in its two U.S.-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. The Mullen FIVE, the company’s first electric crossover, is slated for delivery in 2025 and features an award-winning design and its patented PERSONA technology that utilizes facial recognition to personalize the driving experience for every individual. In September 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive, and in December 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
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