Mullen, Phenix Truck & Van and Knapheide Announce Completion of a New Class 3 Light-Weight EV Service Body; Purpose Built for Municipalities and Public Utilities Applications
January 11 2024 - 9:35AM
via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the
“Company”), an emerging electric vehicle (“EV”) manufacturer,
announces today the completion of a light-weight service truck body
for the All-Electric Mullen THREE, which was developed in
collaboration with Phenix Truck Bodies & Van Equipment
(“Phenix” or “Phenix Truck & Van”) and Knapheide Manufacturing
(“Knapheide”). Mullen and the Phenix/Knapheide teams have developed
a unique, light-weight body configuration designed to bring an EV
solution for Class 3 service body truck fleets to municipalities
and public utilities. The Mullen THREE Class 3 vehicle upfit is
available to commercial fleet customers for evaluation and pilot
programs and is on display now at Mullen’s CES 2024 (“Consumer
Electronics Show”) booth N-Hall #10315, LVCC and will be featured
later at the NTEA Work Truck Show and Advanced Clean Transportation
Expo.
Phenix Truck & Van, based in Southern California, is one of
California's largest work truck, van equipment and specialty truck
body manufacturers. For 45 years, Phenix has designed and
manufactured custom work trucks and fire apparatus for the most
selective customers in public utilities, local municipalities and
fire departments. Phenix is also a CPUC certified Minority Business
Enterprise (“MBE”).
The Mullen THREE has a range of 125 miles and offers Level 3 DC
charge time of 1.5 hrs. The THREE also includes best-in-class
turning diameter of 38 ft. Its versatile chassis provides a clean
top-of-rail for easy upfitting with bodies up to 14 feet in length
and over 5,800 lbs. of payload.
“This Mullen THREE Phenix/Knapheide upfit is a perfect use case
for municipalities and utilities who need to transition away from
gas and diesel and into electric, especially in states with strong
incentives to switch, like California and other CARB states,” said
David Michery, CEO and chairman of Mullen Automotive. “Phenix is
one of the best upfitters out there and partnering with both Phenix
and Knapheide to develop this Class 3 solution opens an important
segment for us with public utilities and local municipalities,
especially in California.”
Details on the All-Electric Mullen Class 3 Phenix/Knapheide
upfit can be found here.
About Phenix Truck Bodies & Van
EquipmentSince 1978, Phenix Truck Bodies & Van
Equipment has been manufacturing specialty custom work trucks for
Southern California municipalities, utilities, fire departments,
and the U.S. Government. Phenix offers complete vocational fleet
solutions by providing both custom manufactured and distributed
equipment, and accessories configured to customers’ exacting
specifications.
To learn more about Phenix, visit www.Phenixent.com.
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 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.
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: (i) whether the Company’s relationship with Phenix
Truck Bodies & Van Equipment will be a success and whether the
development of a light-weight truck body for its Class 3 EV will be
a success and, if so, prove beneficial; (ii) the timing of
manufacturing, production and availability of Mullen vehicles to
customers; (iii) Mullen’s ability (or inability) to obtain
additional financing in sufficient amounts or on acceptable terms
when needed; (iv) Mullen's ability to maintain existing, and secure
additional, contracts with manufacturers, parts and other service
providers relating to its business; (v) Mullen’s ability to
successfully expand in existing markets and enter new markets; (vi)
Mullen’s ability to successfully manage and integrate any
acquisitions of businesses, solutions or technologies; (vii)
unanticipated operating costs, transaction costs and actual or
contingent liabilities; (viii) the ability to attract and retain
qualified employees and key personnel; (ix) adverse effects of
increased competition on Mullen’s business; (x) changes in
government licensing and regulation that may adversely affect
Mullen’s business; (xi) the risk that changes in consumer behavior
could adversely affect Mullen’s business; (xii) Mullen’s ability to
protect its intellectual property; and (xiii) 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
Corporate Communications:IBN
(InvestorBrandNetwork) Los Angeles, California
www.InvestorBrandNetwork.com 310.299.1717 Office
Editor@InvestorBrandNetwork.com
- Mullen’s Class 3 Utility Upfit Featured at CES 2024
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