MULN - Mullen Delivers 50 Class 1 EV Cargo Vans and Invoices Randy Marion Automotive Group for $1680000 | Benzinga
Mullen intends to deliver 285 Class 1 vehicles within the next five business days
Mullen to close fiscal first quarter on Dec. 31 with over $6,054,300 invoiced for Class 1 vehicles
Vehicles delivered to Randy Marion are part of the 6,000 Class 1 vehicle purchase order of $200,000,000; majority of vehicles to be delivered through calendar year 2024
BREA, Calif., Dec. 28, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, today announces delivery of 50 all-electric Mullen ONE, Class 1 cargo vans to Randy Marion Automotive Group ("RMA" or "Randy Marion") with the Company invoicing RMA for $1,680,000.
The Company anticipates shipping and invoicing a total of 285 Mullen ONE cargo vans within the next five business days to Randy Marion Automotive Group.
"With the advance of last-mile delivery and the growth of in-home services, the Mullen ONE EV cargo van is in strong demand," said Brad Sigmon, fleet vice president at Randy Marion Automotive. "The Mullen ONE is an extremely versatile offering and the diversity of interest ranges from delivery companies to municipal clients to small business operators."
"We are proud to launch and scale multiple production lines to meet customer demands," said David Michery, CEO and chairman of Mullen Automotive.
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