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Posted On: 01/02/2025 4:03:08 PM
Post# of 1079
NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Launches Electric Van into Home Services Sector with Mr. Appliance Partnership
Mullen Automotive (NASDAQ: MULN) has sold its Mullen ONE All-Electric Cargo Van to Mr. Appliance of Owings Mills, Maryland, marking its entry into the home service market. This move positions the emerging electric vehicle manufacturer to address a critical industry need for cost-effective transportation solutions. With transportation costs accounting for over 30% of operating expenses in the home service sector, the Mullen ONE offers significant savings, including reduced fuel costs, lower maintenance expenses, and eligibility for a $7,500 federal tax credit. CEO David Michery highlighted the importance of this collaboration in supporting operational efficiency and sustainability for home service businesses.
NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://nnw.fm/MULN
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Mullen Automotive (NASDAQ: MULN) has sold its Mullen ONE All-Electric Cargo Van to Mr. Appliance of Owings Mills, Maryland, marking its entry into the home service market. This move positions the emerging electric vehicle manufacturer to address a critical industry need for cost-effective transportation solutions. With transportation costs accounting for over 30% of operating expenses in the home service sector, the Mullen ONE offers significant savings, including reduced fuel costs, lower maintenance expenses, and eligibility for a $7,500 federal tax credit. CEO David Michery highlighted the importance of this collaboration in supporting operational efficiency and sustainability for home service businesses.
NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://nnw.fm/MULN
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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