Mullen and Comau, a Leader in Industrial Automation, Team Up for Full-Scale Automotive Body Assembly at Mullen’s Tunica AMEC Facility
January 31 2022 - 8:00AM
via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN)
(“Mullen” or the “Company”), an emerging electric vehicle (“EV”)
manufacturer, announces today a strategic alliance with Comau, a
leading Italian systems integrator and solutions provider with
longstanding experience in the automotive sector, for the build-out
of a vehicle body shop at Mullen’s Advanced Manufacturing and
Engineering Center (AMEC) in Tunica, Mississippi.
Mullen Automotive and Comau are joining forces to develop a
state-of-the-art body shop for the new and upcoming Mullen FIVE EV
Crossover. Comau has been a leader in the industry of automotive
manufacturing, along with other sectors, since the early 1970s and
is reputed for combining innovative engineering solutions with
easy-to-use open automation and enabling technologies. Comau’s
competency stems from over 45 years of field-proven experience and
a strong presence within every major industrial country. Mullen and
Comau will work to deliver the most accurate and quality body shops
to enhance the overall production of the FIVE.
Comau is supporting Mullen’s plans in designing the processes
and equipment for the AMEC facility in Tunica, where the FIVE will
be produced. Comau’s vast experience in designing body shops for
the automotive industry gives Mullen a leading edge in efficiency
and quality for the BIW (Body in White).
“Comau is an international leader in developing world-class
automation technology and vehicle body shops for the automotive
industry. We are excited to have them working on developing our
body shop plan for Tunica AMEC,” said David Michery, CEO and
chairman of Mullen Automotive.
Laerte Scarpitta, Comau’s leader of the Americas, said: “Comau
continues to focus its advanced competencies and longstanding
experience toward the development of strategic markets such as
electrification. As such, it is always a pleasure to work with a
new electric vehicle manufacturer to support the widespread
deployment of e-mobility solutions. This project confirms our
commitment to progressing the mobility of the future.”
The Mullen FIVE is built on an EV crossover skateboard platform
that offers multiple powertrain configurations and trim levels in a
svelte design that is “Strikingly DifferentTM” and exciting to
experience in person. Learn more about the Mullen FIVE at
MullenUSA.com.
About Mullen
Mullen 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.
About Comau
Comau, a member of Stellantis, is a worldwide
leader in delivering advanced industrial automation products and
systems. Its portfolio includes technology and systems for
electric, hybrid and traditional vehicle manufacturing, industrial
robots, collaborative and wearable robotics, autonomous logistics,
dedicated machining centers and interconnected digital services and
products able to transmit, elaborate and analyze machine and
process data. With over 45 years of experience and a strong
presence within every major industrial country, Comau is helping
manufacturers of all sizes in almost any industry experience higher
quality, increased productivity, faster time to market and lower
overall costs. The company’s offering also extends to project
management and consultancy, as well as maintenance and training for
a wide range of industrial segments. Headquartered in Turin, Italy,
Comau has an international network of six innovation centers, five
digital hubs and nine manufacturing plants that span 13 countries
and employ 4,000 people. A global network of distributors and
partners allows the company to respond quickly to the needs of
customers no matter where they are located throughout the world.
Through the training activities organized by its Academy, Comau is
also committed to developing the technical and managerial knowledge
necessary for companies to face the challenges and opportunities of
Industry 4.0.
www.comau.com
Forward-Looking Statements
Certain 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, whether the strategic alliance with Comau will
be a success, whether the joint collaboration will result in the
delivery of the high-quality body shops that will enhance the
overall production of the FIVE, or whether the collaboration will
give Mullen a leading edge in efficiency and quality for the BIW
(Body in White). Additional examples of such risks and
uncertainties include, but are not limited to:
(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.comWire Service ContactInvestorWire (IW)Los
Angeles, Californiawww.InvestorWire.com212.418.1217
OfficeEditor@InvestorWire.com
- Mullen and Comau Team Up for Automotive Body Assembly in
Tunica, MS
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