Mullen Announces 2023 Class 1 and Class 3 Invoice Totals of $12,559,520
January 04 2024 - 9:45AM
via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the
“Company”), an emerging electric vehicle (“EV”) manufacturer, today
announces vehicles delivered through Dec. 31, 2023, with the
Company delivering 100 Class 1 and 141 Class 3 vehicles for a total
invoiced amount of $12,559,520 to Randy Marion Automotive Group
(“RMA” or “Randy Marion”).
2023 Class 1 and Class 3 vehicle deliveries to Randy Marion
included the following:
- Dec. 4, 2023 – 10 Class 3 vehicles
- Dec. 21, 2023 – 38 Class 3 vehicles
- Dec. 26, 2023 – 63 Class 3 vehicles
- Dec. 28, 2023 – 50 Class 1 vehicles
- Dec. 30, 2023 – 30 Class 3 vehicles
- Dec. 31, 2023 – 50 Class 1 vehicles
The Company has an additional 185 Class 1s scheduled for
delivery to RMA through Jan. 8, 2024.
“2023 closed out strong and we continue to scale our production
and deliveries throughout 2024,” said David Michery, CEO and
chairman of Mullen Automotive.
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 timing of future Mullen vehicle deliveries, the
expected demand for all classes of Mullen vehicles, and whether the
Mullen ONE and Mullen THREE will perform as expected. 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
- Company has delivered a total of 241 Class 1 and Class 3 EVs to
RMA
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