Mullen Featured on CarBuzz; The FIVE EV Crossover, Production Plans and Market Strategy Discussed
March 14 2022 - 5:00AM
via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN)
(“Mullen” or the “Company”), an emerging electric vehicle (“EV”)
manufacturer, announces a recently published feature by CarBuzz
highlighting the Company’s high-performance EV Crossover, the
Mullen FIVE. With over 9 million monthly visits, CarBuzz is the
world's premier car-related news site and app that covers the
industry's latest happenings in the world of automakers, sports
cars, muscle cars, supercars, trucks, SUVs, off-roading and
everything in between.
“I had a great discussion with Ian from CarBuzz about our EVs
and plans for the future,” said David Michery, CEO and chairman of
Mullen Automotive. “I’m delighted that leading automotive
publications like CarBuzz are covering Mullen and providing readers
with an opportunity to learn more about us.”
The CarBuzz article featured interviews with Michery and Vice
President-Mechanical Systems Marian Petrelecan and covers a number
of topics, including Mullen’s financial model, partnerships, market
strategy and more. The full article on Mullen Automotive is
available to read here.
Mullen has recently announced a string of key partnerships with
hofer powertrain, Comau, ARRK, Dürr and DSA Systems for EV
powertrain, engineering, manufacturing, vehicle production systems,
and Over the Air (OTA) and vehicle system diagnostics,
respectively. The Company expects these strategic developments to
play a crucial role in bringing the FIVE to market with the latest
technology and in least amount of time. Mullen FIVE was also named
"Top Zero Emission SUV" as part of the ZEVA® Awards at the Los
Angeles International Auto Show in November 2021, where it made its
debut.
The 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 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 whether the Company will achieve its objectives
of launching its EV crossover, the FIVE, within anticipated
timelines and, if so, whether the FIVE will be a success; and
whether the Company’s partnerships with ARRK, Dürr and DSA Systems
and Over the Air (OTA) will result in expediting the rollout of the
FIVE. 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.com
Wire Service Contact:InvestorWire (IW) Los
Angeles, Californiawww.InvestorWire.com212.418.1217
OfficeEditor@InvestorWire.com
- CarBuzz recently interviewed Mullen’s CEO and Chairman David
Michery about Mullen’s FIVE EV Crossover
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