Mullen Adds High-Performance Mullen FIVE RS to Its ‘Strikingly Different’ U.S. Test Drive Tour; New 2023 Stops Announced
May 05 2022 - 6:00AM
via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN)
(“Mullen” or the “Company”), an emerging electric vehicle (“EV”)
manufacturer, announces that the high-performance Mullen FIVE RS
will be added to the second leg of the “Strikingly Different” U.S.
test-drive tour that will first showcase the Mullen FIVE EV
Crossover. New tour stops have been planned for spring 2023.
The Mullen FIVE RS is a high-performance EV featuring close to
1,100 horsepower, 0-60 mph in just 1.95 seconds, and a top speed of
almost 200 mph. 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 is now extending the “Strikingly Different” tour to
spring 2023 in an effort to increase test drive capacity, with the
addition of more FIVE variants, including multiple Mullen FIVE RS
vehicles. Initially, Mullen will start the national tour in October
2022 and embark on a 19-city journey across the U.S. over six
weeks. Mullen FIVE reservation holders will have the opportunity to
test drive and experience the EVs in person during two-day events
conducted in each city. As the test drives will be conducted on
closed circuits or racetracks, the event will be limited to a set
number of drivers per day.
"We're adding a spring segment in 2023 with additional stops and
increasing the number of Mullen FIVEs on tour to ensure as many
people as possible can experience the Mullen FIVE," said David
Michery, CEO and chairman of Mullen Automotive. "The RS is a
personal project, and I fully intend for this EV to be one of the
fastest and most exhilarating vehicles in the world. I'm excited to
give people an up-close and personal glimpse of what we are working
on. The second leg of the tour will include top racetracks around
the country, including a stop at the Bonneville Salt Flats, which
is an iconic location for vehicle testing and land speed
records.”
Initially, the first leg of the tour will start in Mullen’s home
base, Southern California, and will cover 19 major U.S. cities; the
full list can be found here. New 2023 tour dates will include the
following additional cities:
- Los Angeles
- Las Vegas
- Austin
- Ft. Lauderdale
- Charlotte
- New York
- Detroit
- Indianapolis
- Wendover (Bonneville Salt Flats)
Mullen asks interested individuals who have not already done so
to book their FIVE reservation 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 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 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, whether the FIVE
will be a success; and whether the test drive tour will occur as
contemplated and, if so, whether it will take place in all the
cities referenced. 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
- Bonneville Salt Flats
- Sunrise on the Bonneville Salt Flats
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