Mullen Completes Solid-State Polymer Cell to Pack Integration and Begins Class 1 Battery Pack Testing
December 27 2023 - 9:00AM
via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the
“Company”), an emerging electric vehicle (“EV”) manufacturer, today
announces the successful completion of solid-state polymer cell to
pack integration for the Mullen ONE Class 1 EV cargo vans. Having
completed the pack development, the solid-state BMS and pack level
testing is set to kick off on Dec. 28, 2023. This progress allows
the Company to remain on schedule to begin on-vehicle road testing
of the solid-state polymer packs in the Class 1 EV cargo van in Q1
2024.
“We continue to make significant progress in fulfilling our
commitment to providing the next-generation of battery technology
to our lineup of EV vehicles, providing a clean and safe
alternative to current lithium-ion batteries,” said David Michery,
CEO and chairman of Mullen Automotive.
Solid-state polymer cells allow for increased safety and
efficiency without sacrificing payload. The Mullen ONE with
solid-state polymer battery pack highlights include:
- 190-mile estimated range
- 72-kilowatt solid-state polymer battery pack
- 4,881 lbs. GVWR
- 1,603 lbs. max payload
- 157-cubic-feet cargo volume
- 20-foot turning radius
About MullenMullen Automotive (NASDAQ: MULN) 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.
To learn more about the Company, visit www.MullenUSA.com.
Forward-Looking StatementsCertain statements in
this press release that are not historical facts are
forward-looking statements within the meaning of Section 27A of the
Securities Exchange Act of 1934, as amended. Any statements
contained in this press release that are not statements of
historical fact may be deemed forward-looking statements. Words
such as “continue,” “will,” “may,” “could,” “should,” “expect,”
“expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,”
“predict,” “potential” and similar expressions are intended to
identify such forward-looking statements. All forward-looking
statements involve significant risks and uncertainties that could
cause actual results to differ materially from those expressed or
implied in the forward-looking statements, many of which are
generally outside the control of Mullen and are difficult to
predict. Examples of such risks and uncertainties include but are
not limited to the results of the solid-state polymer pack level
testing for the Class 1 EV, anticipated timing for road testing
with the solid-state battery packs in the Class 1 EV; whether the
projected LFP range increase and other performance specifications
will materialize and whether the Company’s EV battery development
and production initiatives will prove successful. Additional
factors that could cause actual results to differ materially from
those expressed or implied in the forward-looking statements can be
found in the most recent annual report on Form 10-K, quarterly
reports on Form 10-Q and current reports on Form 8-K filed by
Mullen with the Securities and Exchange Commission. Mullen
anticipates that subsequent events and developments may cause its
plans, intentions and expectations to change. Mullen assumes no
obligation, and it specifically disclaims any intention or
obligation, to update any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
expressly required by law. Forward-looking statements speak only as
of the date they are made and should not be relied upon as
representing Mullen’s plans and expectations as of any subsequent
date.
Contact:Mullen Automotive, Inc.+1 (714)
613-1900www.MullenUSA.com
Corporate Communications:InvestorBrandNetwork
(IBN) Los Angeles, California www.InvestorBrandNetwork.com
310.299.1717 Office Editor@InvestorBrandNetwork.com
- Mullen on track to begin Class 1 vehicle road testing of
solid-state packs in Q1 2024
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