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home / news releases / MULN - Mullen Automotive announces sale of 22 EV cargo vans to Randy Marion Automotive

MULN - Mullen Automotive announces sale of 22 EV cargo vans to Randy Marion Automotive

Mullen Automotive Inc.

2023-06-29 13:41:40 ET

  • Mullen Automotive ( NASDAQ: MULN ) has sold 22 EV cargo vans to the Randy Marion Automotive Group and the $0.31M is the co.’s first recorded revenue and is being recognized in the quarter ending June 30, 2023.
  • All vehicles are in que to be shipped, with the first vehicles shipping today, June 29, 2023, from Mullen’s Tunica, Mississippi, assembly plant to Randy Marion Automotive Group in North Carolina.
  • The Company currently is in process with six Campus EV Pilot Programs across four different industry categories including aviation, pharmaceutical, public utility and universities.
  • “These shipments are significant as they represent the first revenue recorded on our financial statement, reflected on the June 30, 2023, 10-Q,” said David Michery, CEO and chairman of Mullen Automotive.

For further details see:

Mullen Automotive announces sale of 22 EV cargo vans to Randy Marion Automotive
Stock Information
Company Name: Mullen Automotive Inc.
Stock Symbol: MULN
Market: NASDAQ
Website: mullenusa.com
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