Mullen Announces Class 3 Vehicle Purchase Order with NRTC Automation Group
August 28 2023 - 9:30AM
IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the
“Company”), an emerging electric vehicle (“EV”) manufacturer,
announces today a multiunit vehicle purchase order with NRTC
Automation Group (“NRTC”) to initially purchase three all-electric
commercial Class 3 Mullen trucks with vehicle deliveries slated to
begin in Q4 2023.
NRTC, an Alabama-based company with locations in South Carolina,
Michigan and Ontario, is focused on providing turnkey automation,
prototyping and production manufacturing solutions for the
automotive industry.
The Mullen THREE is an efficient Class 3 low cab forward EV
truck featuring an 11,000 Gross Vehicle Weight Rating, a tight
turning diameter of 38 feet, and excellent visibility for superior
maneuverability on narrow city streets. This versatile chassis
provides a clean top-of-rail for easy upfitting with bodies up to
14 feet long and over 5,800 pounds of payload.
Mike Vagi, president of NRTC, said: “We were very impressed with
the Mullen THREE after having the chance to sit in the vehicle and
test drive it at Mullen's commercial launch event in Tunica,
Mississippi, last week. We have several applications where the
Mullen THREE will be an ideal fit in NRTC’s vehicle fleet.”
“We are very excited to announce this vehicle purchase order for
our Mullen THREE with NRTC. Mullen is focused on providing
solutions for fleets of all sizes as the adoption of electric
vehicles increases,” said John Schwegman, chief commercial officer,
Mullen Automotive.
“NRTC is a leader in automotive manufacturing automation and we
are confident that our Class 3s will be an ideal fit for many of
NRTC’s applications,” said David Michery, CEO and chairman of
Mullen Automotive, Inc.
The Mullen THREE is produced at Mullen’s commercial
manufacturing center, located in Tunica, Mississippi, which
includes over 120,000 square feet and is situated on over 100
acres. The facility is focused on production of Class 1 and Class 3
commercial EV vehicles and is close to all major rail lines,
interstates, Mississippi river systems and air logistics, placing
it in a primary logistical center of North America.
About Mullen
Mullen Automotive (NASDAQ: MULN) is a Southern California-based
automotive company building the next generation of electric
vehicles (“EVs”) that will be manufactured in its two United
States-based assembly plants. Mullen's EV development portfolio
includes the Mullen FIVE EV Crossover, Mullen GO Commercial Urban
Delivery EV, Mullen Commercial Class 1-3 EVs, and Bollinger Motors,
which features both the B1 and B2 electric SUV trucks and Class 4-6
commercial offerings. On Sept. 7, 2022, Bollinger Motors became a
majority-owned EV truck company of Mullen Automotive, and on Dec.
1, 2022, Mullen closed on the acquisition of all of Electric Last
Mile Solutions' (“ELMS”) assets, including all IP and a
650,000-square-foot plant in Mishawaka, Indiana.
To learn more about the Company, visit www.MullenUSA.com.
About NRTC Automation
NRTC is an Alabama-based company and has been in the automation
space for automotive manufacturing integration since 2012.
To learn more about the company,
visit www.NRTCAutomation.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 the delivery date of the vehicle to NRTC, all
contemplated vehicle selling prices, and whether the Mullen
THREE will be a success. 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) 613-1900 www.MullenUSA.com
Corporate Communications:
InvestorBrandNetwork (IBN) Los Angeles, California
www.InvestorBrandNetwork.com 310.299.1717 Office
Editor@InvestorBrandNetwork.com
- NRTC is an Alabama-based automotive integration company
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