Wednesday, April 5, 2023

QualityStocksNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Notes Delivery of Class 1 EV Cargo Vans to UNC Charlotte, ‘First of Many’ Expected Orders

 Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced the delivery of Class 1 EV cargo vans to the University of North Carolina at Charlotte (“UNC Charlotte”); Randy Marion Automotive Group facilitated the delivery of the EV vehicle. According to the announcement, the university, which is committed to helping create a more sustainable environment, plans to use the MULN cargo vans for a variety of university-use cases, including campus delivery and facility services. The announcement stated that the university is only the “first of many customers that have expressed interest in Mullen’s commercial product lineup” thanks to the lower total cost of ownership and reduced emissions that Mullen EVs provide. “We are proud to announce delivery of Class 1 EV cargo vans to the University of North Carolina at Charlotte and look forward to the continued adoption of EVs in place of standard ICE vehicles,” said Mullen Automotive CEO and chair David Michery in the press release.

To view the full press release, visit https://ibn.fm/PmG3y

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

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