Monday, January 22, 2024

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Unveils Mullen THREE Phenix/Knapheide Upfit

 Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the completion of a light-weight service truck body for the All-Electric Mullen THREE, which was developed in collaboration with Phenix Truck Bodies & Van Equipment and Knapheide Manufacturing. According to the announcement, the unique, light-weight body configuration was designed to bring an EV solution for Class 3 service body truck fleets to municipalities and public utilities. The Mullen Class 3 vehicle upfit is available to commercial fleet customers for evaluation and pilot programs and is on display now at Mullen’s CES 2024 (“Consumer Electronics Show”) and will be featured later at the NTEA Work Truck Show and Advanced Clean Transportation Expo. “This Mullen THREE Phenix/Knapheide upfit is a perfect use case for municipalities and utilities who need to transition away from gas and diesel and into electric, especially in states with strong incentives to switch, like California and other CARB states,” said David Michery, CEO and chairman of Mullen Automotive. “Phenix is one of the best upfitters out there and partnering with both Phenix and Knapheide to develop this Class 3 solution opens an important segment for us with public utilities and local municipalities, especially in California.”

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

About Mullen Automotive Inc.

Mullen 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-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 Electric Last Mile Solutions’ (“ELMS”) assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana. For more information 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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