MULN - What's Going On With Mullen Automotive's Stock? | Benzinga
Mullen Automotive, Inc. (NASDAQ:MULN) shares are moving Monday. The company announced its subsidiary, Bollinger Motors, has reached an agreement to sell 70 all-electric Class 4 Bollinger B4 commercial EV trucks.
The Details:
The vehicle order from Doering Fleet Management is valued at approximately $11.5 million with first the vehicle deliveries expected in late 2024. The Bollinger B4 will be the first Class 4 medium duty, all-electric truck offered by Doering.
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“Our agreement with Doering Fleet Management is another important step forward for Bollinger Motors,” said Jim Connelly, chief revenue officer of Bollinger Motors. “Doering is one of the top names in the fleet management world and we are honored to have the Bollinger B4 become an environmentally friendly fleet option for their customers across the country.”
Mullen shares spiked following the ...