Mullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of electric vehicles (“EVs”) in its two United States-based manufacturing and assembly plants. Mullen's EV development portfolio includes the Mullen FIVE Crossover and FIVE RS High-Performance Sport Crossover EVs, Mullen GT and GTRS EV Supercars, Mullen PowerUP Mobile EV Charging Truck, Mullen-GO Commercial Urban Delivery EV, Mullen Commercial Class 1-3 EVs, and Bollinger Motors, which features 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.

Mullen Automotive

"Wouldn't this Class 3 speciality built service body be a great fit for major utility companies like SoCal Gas, PG&E, Duke Energy and DTE Energy. Our Class 3 is a great EV option for all utility truck scenarios."  — David Michery, CEO & Chairman

"Less drama, more miles with significant faster charging.
Solid-state batteries reduce cold weather challenges, delivering consistent year around performance. ❄️☃️

Testing continues…" 

— David Michery, CEO & Chairman

Gear up for FedFleet 2024! 🚐

Meet our commercial team as we showcase our all-electric #Class1 cargo van! The #MullenONE is available for demo and test drives during the indoor EV Ride N' Drive event.

Jan 22-25, 2024 | Booth 542, Washington Convention Center, Washington, D.C.

https://hubs.ly/Q02gYLRf0


#fedfleet #fedfleet2024 #mullencommercial #mullenautomotive #mullenusa #electricvan #commercialvehicle #commercialvehicle #ev #electricvehicle #lastmiledelivery #electricfleet #greenfleet #rideanddrive #fleetmanagement

"Surprise, surprise... check out what we've been up to — Solid-state battery module testing in our #Class1 #EV cargo vans is progressing nicely. On target for the next stage of road test validation.

Expected Range with #SSBattery: 190 miles, 73% increase over current range with Li-ion batteries.

One step closer to the Mullen re-EV-olution ⚡"

— David Michery, CEO & Chairman

"I am pleased with the financial results for fiscal year 2023. Vehicle deliveries have commenced and gross margins are positive from the start of revenue. We more than doubled assets from $86M to $198M, while keeping liabilities relatively flat.  As a result, stockholders’ equity increased from $157M to $273M." - David Michery, CEO and Chairman of Mullen Automotive

"CES 2024 was a great way for us to kick off the new year. I am very proud of our team, and everyone involved who helped make the Mullen FIVE RS debut and our booth stand out above the rest — winning us the Editor's Choice Award for Booth Presentation.
Cannot wait to see what the rest of the year has in store for us ⚡" 
— David Michery, CEO and Chairman of Mullen Automotive


#mullenautomotive #mullenusa #mullencommercial #ces #editorschoiceaward #electricvehicle #ev #mullenone #mullenthree #zeroemissions #sustainability #mullenfivers #muln #futureofmobility #fastcars #electricperformance #hypercar #automotivetech #fleetmobility #performanceev

Powered by facial recognition technology — PERSONA, your AI copilot — is seamlessly integrated into the #MullenFIVERS infotainment system. It learns your preferences, anticipates your needs, and tailors your driving experience in real-time. 

Learn more about #PERSONA in the FIVE RS: https://hubs.ly/Q02gtV9D0


#mullenautomotive #mullenusa #highperformanceev #ev #electricvehicle #hypercar #vehicletechnology #aicopilot #evtechnology #evrevolution #automotivetech

That's a wrap, CES; you were incredible!

Thank you to everyone who showed up and helped us make this event a success. This is just the beginning for 2024; we're excited and charged up for the road ahead ⚡


#ces2024 #mullenautomotive #mullenusa #mullencommercial #ces #allon #electricvehicle #ev #electrictruck #electricvan #electricpickup #electricsuv #bollingermotors #mullenone #mullenthree #class1 #class3 #class4 #electricfleet #commercialev #commercialvehicle #zeroemissions #sustainability #mullenfivers #muln #futureofmobility #fastcars #electricperformance #hypercar #automotivetech #fleetmobility #performanceev

Ready to electrify your fleet?

Come check out the versatile #AllElectric #BollingerB4 #Class4 Chassis Cab platform and meet with the Bollinger team in person at Mullen's booth at CES - N-Hall 10315, LVCC. 

https://hubs.ly/Q02gjZXk0


#ces2024 #allon #bollingermotors #mullenautomotive #mullenusa #muln  #commercialev #lastmiledelivery #electricfleet #zeroemissions #fleetmobility #greenlogistics #sustainability #deliveryev #electricworkstyle #automotivetech #boxtruck #ev #electricvehicle #chassiscab

More deliveries, less emissions: the #MullenONE maximizes your bottom line while minimizing your impact 🚐

Come check out the first #Class1 #EV cargo van in the U.S. market, available now and currently on display at CES N-Hall-10315, LVCC

https://hubs.ly/Q02gjLMM0


#ces2024 #allon #mullenautomotive #mullenusa #mullencommercial #muln #mullencommercial #commercialev #electricvan #deliveryvan #lastmiledelivery #electricfleet #zeroemissions #fleetmobility #greenlogistics #sustainability #deliveryev #electricworkstyle #automotivetech #greentechnology

Mullen Automotive, Inc., an electric vehicle company, manufactures and distributes electric vehicles. It also operates CarHub, a digital platform that leverages AI to offer an interactive solution for buying, selling, and owning a car; and provides battery technology and emergency point-of-care solutions. The company was founded in 2014 and is based in Brea, California.

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COM:MULLENUSA

Mullen Automotive, Inc.

Last Close

1.76

08/11 15:28

Market Cap

34.95M

Beta: -

Volume Today

254.31K

Avg: -