For Calendar Year 2023, Mullen Hits Class 3 Delivery Target with 141 Class 3’s Delivered to RMA; Total Invoiced Amount of $9,196,021
January 03 2024 - 9:50AM
via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the
“Company”), an emerging electric vehicle (“EV”) manufacturer, today
announces that for calendar year 2023 Mullen achieved its
previously announced Class 3 target with 154 Class 3’s built and
141 Class 3’s delivered to Randy Marion Automotive Group (“RMA” or
“Randy Marion”) for a total invoiced amount of $9,196,021. The
remaining 13 vehicles are being utilized for engineering and
marketing purposes.
Mullen THREE production is based out of Tunica, Mississippi,
which is home to Mullen’s commercial vehicle assembly for both the
Mullen ONE, Class 1 EV cargo van, and the Class 3 EV cab chassis
trucks.
“I am proud of our team’s commitment in hitting our 2023 Class 3
delivery target with 154 Class 3’s built and 141 delivered to Randy
Marion. 2024 is going to be a great year for us and I am excited
for the opportunities in front of us,” said David Michery, CEO and
chairman of Mullen Automotive.
The All-Electric Mullen THREE is a Class 3 low cab forward EV
truck featuring a robust payload and 125-mile range. The Mullen
THREE was purpose-built to meet the demands of urban last-mile
delivery. The Mullen THREE chassis can be easily upfit to meet a
variety of vocational needs from last mile delivery, construction,
landscaping, catering and more. The chassis has a clean top-of-rail
design for easy upfitting with bodies up to 14 feet long and over
5,300 pounds of payload.
Mullen THREE Vehicle Highlights:
- 125-mile estimated
range
- 11,000 lbs.
GVWR
- 5,316 lbs. max
payload
- 14 feet max box
length
- 38 feet turning
diameter
View full vehicle specifications for the Mullen
THREE here.
About MullenMullen 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 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.
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 the volumes and timing of future Mullen vehicle
deliveries, whether the Mullen THREE and other Mullen vehicles will
perform as expected and the Company’s future performance.
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
Corporate Communications:InvestorBrandNetwork
(IBN) Los Angeles, California www.InvestorBrandNetwork.com
310.299.1717 Office Editor@InvestorBrandNetwork.com
- For 2023, Company has delivered 141 Mullen THREE's, Class 3 EV
Trucks to RMA
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