MULN - Why EV-Maker Mullen Automotive's Stock Is Charging Monday | Benzinga
Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading higher Monday after the company announced the California Air Resources Board has approved the 2024 Mullen THREE for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP).
The Details:
Under HVIP, the 2024 Mullen THREE EV truck, with a suggested MSRP of $68,500, qualifies for a cash voucher of up to $45,000. When combined with the available $7,500 federal tax credit, the net effective cost of the Mullen THREE could be less than $17,000.
“California’s HVIP approval for the 2024 Mullen THREE is a ...