Mullen Unveils Details on the Mullen FIVE RS High-Performance EV Sport Crossover
September 15 2022 - 9:00AM
via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN)
(“Mullen” or the “Company”), an emerging electric vehicle (“EV”)
manufacturer, announces specifications and provides a first look at
the ultra-high-performance EV sport crossover the FIVE RS.
The Mullen FIVE RS is an ultra-high-performance EV that will
feature a top speed of 200 mph and acceleration from 0-60 mph in
just 1.9 seconds. The vehicle will be equipped with 800-volt
architecture, all-wheel drive, a two-speed gearbox and over 1,000
horsepower.
“The Mullen FIVE RS is an extremely high-performance EV and
intended for those who especially enjoy track/high-performance
driving,” said Calin Popa, president of Mullen Automotive. “What
we’ve done with this EV and the specs we’ve accomplished is indeed
an amazing technical achievement.”
“From the inception of Mullen, it has been my mission to bring
an ultra-high-performance EV to market,” said David Michery, CEO
and chairman of Mullen Automotive. “The FIVE RS is intended to be
one of the fastest vehicles on the planet, competing with some of
the best and most well-known and regarded automotive marquees. I
look forward to showcasing this vehicle on the track this next
spring.”
As previously announced, the first leg of the “Strikingly
Different” U.S. test-drive tour will first showcase the Mullen FIVE
EV Crossover and begins next month. The FIVE RS will join the
second leg of the tour in the spring of 2023.
Due to the high-powered capabilities of the FIVE RS, consumers
will not be allowed to test drive the vehicle directly at this
stage. Instead, Mullen will offer consumers the opportunity to ride
in the Mullen FIVE RS alongside a professional IndyCar race car
driver, providing an up-close and personal experience in one of the
fastest vehicles available globally.
Mullen will offer “front row” FIVE reservation holders the first
chance to test drive and experience the Mullen FIVE in person on
the “Strikingly Different” U.S. test drive tour beginning this
fall. Mullen asks interested individuals who have not already done
so to book their FIVE reservations here in order to secure a spot
on the upcoming national tour. Further details and upcoming
progress will be shared on Mullen’s social media platforms and with
individuals who opt to stay connected here.
About MullenMullen is a Southern
California-based automotive company that owns and partners with
several synergistic businesses working toward the unified goal of
creating clean and scalable energy solutions. Mullen has evolved
over the past decade in sync with consumers and technology trends.
Today, the Company is working diligently to provide exciting EV
options built entirely in the United States and made to fit
perfectly into the American consumer’s life. Mullen strives to make
EVs more accessible than ever by building an end-to-end ecosystem
that takes care of all aspects of EV ownership.
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 completion and availability of the
Mullen FIVE RS and whether the Mullen FIVE RS will be able to reach
a top speed of 200 mph, have acceleration capabilities of 0-60 mph
in 1.9 seconds or have the other features contemplated by this
press release. Additional examples of such risks and uncertainties
include but are not limited to whether the first and second legs of
the contemplated “Strikingly Different” U.S. test-drive tours occur
within the stated timelines and: (i) Mullen’s ability (or
inability) to obtain additional financing in sufficient amounts or
on acceptable terms when needed; (ii) Mullen's ability to maintain
existing, and secure additional, contracts with manufacturers,
parts and other service providers relating to its business; (iii)
Mullen’s ability to successfully expand in existing markets and
enter new markets; (iv) Mullen’s ability to successfully manage and
integrate any acquisitions of businesses, solutions or
technologies; (v) unanticipated operating costs, transaction costs
and actual or contingent liabilities; (vi) the ability to attract
and retain qualified employees and key personnel; (vii) adverse
effects of increased competition on Mullen’s business; (viii)
changes in government licensing and regulation that may adversely
affect Mullen’s business; (ix) the risk that changes in consumer
behavior could adversely affect Mullen’s business; (x) Mullen’s
ability to protect its intellectual property; and (xi) local,
industry and general business and economic conditions. 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
Wire Service Contact:InvestorWire (IW) Los
Angeles, Californiawww.InvestorWire.com212.418.1217
OfficeEditor@InvestorWire.com
- The Mullen FIVE RS – EV Sport Crossover
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