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home / news releases / MULN - InvestorNewsBreaks - Mullen Automotive Inc. (NASDAQ: MULN) Delivers 130 Additional Class 1 EV Cargo Vans to RMA


MULN - InvestorNewsBreaks - Mullen Automotive Inc. (NASDAQ: MULN) Delivers 130 Additional Class 1 EV Cargo Vans to RMA

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it has delivered 130 additional Mullen ONE, Class 1 EV cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”). To date, the company has delivered 230 Mullen ONEs with a total invoiced amount of $7,736,150 as part of the initial 1,000 vehicle purchase order from RMA. Based in Charlotte, North Carolina, Randy Marion is one of the top commercial dealer groups in the U.S. Production for the Class 1 is based out of Tunica, Mississippi, which is home to Mullen’s commercial vehicle assembly for both the Mullen ONE, Class 1 EV cargo van, and the Mullen THREE, Class 3 EV cab chassis truck. “The Mullen ONE is a versatile EV cargo van,” said David Michery, CEO and chairman of Mullen Automotive. “We are continuing to scale production and deliveries to RMA.”

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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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Stock Information

Company Name: Mullen Automotive Inc.
Stock Symbol: MULN
Market: NASDAQ
Website: mullenusa.com

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