Mullen’s Solid-State Polymer Battery Pack Hits the Road for Class 1 Vehicle Testing on Feb. 26, 2024
February 29 2024 - 9:20AM
via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the
“Company”), an emerging electric vehicle (“EV”) manufacturer, today
announces the Company began Class 1 EV cargo van road testing with
the integrated solid-state polymer battery pack. Vehicle road
testing began on Feb. 26, 2024, at Mullen’s Commercial Tech Center
in Troy, Michigan. Video of Class 1 EV cargo van integrated with
solid-state polymer battery pack testing can be viewed on
MullenUSA.com.
Mullen’s latest phase of solid-state polymer battery testing
began in January with installation of the battery pack into the
Class 1 EV cargo van for testing of system compatibility between
the vehicle and pack. Recent performance testing has included
on-road drive cycles as well as Dyno testing at an EPA certified
lab located in Northville, Michigan.
Due to higher energy density of the solid-state battery, the
total pack energy increased from 42 kWh to 72 kWh. The initial test
results met or exceeded all requirements targeted for first drive
cycles for energy usage and the driving range. It was estimated
that the range would be increased from 110 miles to 190 miles and
the first real-world tests exceeded those projections.
“The first road test has resulted in significant gains in
vehicle range. Additional testing over time will solidify a
solid-state solution for our commercial vehicles. Next steps
include finalizing our design and manufacturing validation,” said
David Michery, CEO and chairman of Mullen Automotive.
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 results of the solid-state polymer pack level
testing for the Class 1 EV, anticipated further results for ongoing
road testing with the solid-state battery packs in the Class 1 EV;
whether the projected LFP range increase and other performance
specifications will materialize and whether the Company’s EV
battery development and production initiatives will prove
successful. 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
- Pictured: Mullen ONE, Class 1 EV Cargo Van
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