The Buzz EV News Features Mullen Automotive in ‘What Is the Mullen FIVE & What’s Next for the EV Maker – Q&A’
April 25 2022 - 6:00AM
via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN)
(“Mullen” or the “Company”), an emerging electric vehicle (“EV”)
manufacturer, announces a recently published article by The Buzz EV
News that highlights Mullen’s progress and its plans for the
upcoming FIVE EV Crossover.
David Sickels, digital managing editor from The Buzz EV News,
recently sat down with David Michery, Mullen’s CEO and chairman;
Jason Putnam, VP of marketing; and Marian Petrelecan, VP of vehicle
engineering, for a Q&A roundtable interview to discuss
different aspects of Mullen Automotive and the FIVE EV
Crossover.
"We had a great discussion with David from The Buzz. I
appreciate The Buzz taking time to get to know more about Mullen
Automotive and offering their readers a chance to also learn more
about our company and our EV vision,” Michery
said.
The Buzz is dedicated to cutting through the static to deliver
the latest electric vehicle news and innovations to OEMs,
aftermarket manufacturers and consumers. Through expert advice and
market analysis on cars, heavy-duty trucking, power sports and
everything in between, The Buzz works to keep its audience informed
on the latest happenings in the EV market.
The Mullen Q&A interview took place on March 15, 2022, and
was released for publication on April 18, 2022. The article
can be found here.
On Nov. 5, 2021, Mullen began trading on the Nasdaq Capital
Markets LLC (“Nasdaq”) under the new stock ticker[SW1] symbol
“MULN.” Since Mullen’s first quarter as a public company starting
in Q4 ‘21, the Company has debuted two versions of the Mullen FIVE
show cars and announced the purchase of a vehicle manufacturing
facility in Tunica, Mississippi. At the end of Q2 ‘22, Mullen
reported over $65 million in cash and cash equivalents on hand for
continued momentum and programs development.
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 EVs to market with the latest
technology and in the least amount of time.
Mullen’s EV development portfolio includes the Mullen FIVE EV
Crossover, the Mullen ONE EV Fleet Vans and the DragonFLY Sports
Car. 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. The 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 Company has also recently filed over 120 patents in 24
countries related to the Mullen FIVE. The Mullen ONE, coming to
market in Q2 2022, will be available in two classes of electric
vans and will be designed, manufactured and customized by Mullen at
its Tunica, Mississippi, manufacturing facility. Learn more about
Mullen’s EVs at www.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 there will be continued interest in the
Mullen Automotive stock by retail investors; whether the Company
will achieve its objectives of launching its EV crossover, the
FIVE, within anticipated timelines and, if so, if 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
- The Buzz EV News highlights recent Q&A with Mullen
Automotive Executives
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