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Posted On: 10/01/2020 3:06:48 PM
Post# of 1083
NetworkNewsBreaks – Mullen Technologies Opens Pre-Sales for MX-05 Pure Electric SUV
Mullen Technologies Inc., an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive agreement to merge with Net Element (NASDAQ: NETE) in a stock-for-stock reverse merger, today announced that it is accepting preorders for its newest EV vehicle. The MX-05 fully electric, all-wheel drive SUV is slated for delivery to customers beginning Q2 2022. NETE and Mullen have announced a definitive agreement to merge in a stock-for-stock reverse merger in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company. In addition, Mullen has begun construction on its preproduction facility, located in Monrovia, California. The manufacturing facility is scheduled to be fully operational by mid-2021, with preproduction work on the MX-05 slated to follow in Q3 2021. Mullen’s five-passenger MX-05 pure electric all-wheel drive SUV offers a range of 325 miles with a 0 to 60 mph time of 3.2 seconds.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Mullen Technologies Inc., an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive agreement to merge with Net Element (NASDAQ: NETE) in a stock-for-stock reverse merger, today announced that it is accepting preorders for its newest EV vehicle. The MX-05 fully electric, all-wheel drive SUV is slated for delivery to customers beginning Q2 2022. NETE and Mullen have announced a definitive agreement to merge in a stock-for-stock reverse merger in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company. In addition, Mullen has begun construction on its preproduction facility, located in Monrovia, California. The manufacturing facility is scheduled to be fully operational by mid-2021, with preproduction work on the MX-05 slated to follow in Q3 2021. Mullen’s five-passenger MX-05 pure electric all-wheel drive SUV offers a range of 325 miles with a 0 to 60 mph time of 3.2 seconds.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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