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Mullen Commercial EVs Now Accessible for Government Agencies

Mullen Commercial EVs Now Accessible for Government Agencies

Mullen Commercial EVs Become Available for Public Sector

Mullen Commercial EVs are now offered through the Sourcewell contract from National Auto Fleet Group (NAFG), ensuring government agencies can easily access a range of vehicles. This initiative includes Class 1-3 light-duty trucks, cargo vans, SUVs, and electric vehicles, all tailored for public sector purchasing.

Understanding the Sourcewell Partnership

Sourcewell is a prominent government agency that streamlines the procurement process for various organizations, delivering hundreds of competitively solicited contracts. Over 50,000 municipalities and related organizations can benefit from these contracts, affording them a range of purchasing options without facing the usual lengthy bidding procedures.

Mullen's Electric Vehicle Offerings

The Mullen ONE, a Class 1 electric cargo van, along with the Mullen THREE, a Class 3 cab chassis truck, have officially been integrated into NAFG’s Sourcewell contract. This approval not only simplifies the acquisition process for government entities but also addresses the demand from municipal sectors.

Benefits for Government Agencies

By partnering with NAFG and Sourcewell, Mullen delivers a significant advantage to municipal customers. David Michery, the CEO of Mullen Automotive, emphasized that this partnership enhances purchasing efficiency, allowing quick acquisition of electric vehicles without the cumbersome contractual requirements typical in public sector purchases.

Financial Incentives for Mullen Vehicles

NAFG’s association as a California Air Resource Board (CARB) dealer also allows them to provide various financial incentives. For example, the Mullen THREE has an MSRP of $68,500, and thanks to a potential $45,000 cash voucher under the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP), combined with available federal tax credits, the effective purchasing cost could drop to under $17,000.

About National Auto Fleet Group

NAFG is a family-run enterprise specializing in vehicle procurement for government sectors throughout the United States. With decades of experience, they simplify the complexities of vehicle acquisition, providing reliable contracts that ease the burden on public agencies attempting to navigate government regulations.

Mullen's EV Production and Dealer Network

Mullen Automotive, trading under the ticker NASDAQ: MULN, is a dynamic manufacturer of electric vehicles, holding production facilities in both Tunica, Mississippi, and Mishawaka, Indiana. Recent expansions mean that Mullen now has an established dealer network of seven partners dedicated to servicing various regions including the West Coast and Midwest.

Bollinger Motors' Integration

In an exciting development, Mullen acquired Bollinger Motors, enhancing their technological capabilities and expanding their electric vehicle offerings further. Bollinger commands a robust presence in the EV market and has met a range of compliance standards for its production vehicles, which will now include collaborative efforts with Mullen.

The Future of Mullen EVs

Mullen remains fervently focused on advancing their line of electric vehicles, with intentions to expand their market reach and enhance their vehicle offerings further. Through partnerships with organizations like NAFG and programs like Sourcewell, Mullen is positioning itself as a leader in the electric vehicle sector for government fleets.

Frequently Asked Questions

What types of vehicles are available through Mullen's Sourcewell contract?

Mullen's Sourcewell contract offers various electric vehicles including cargo vans, cab chassis trucks, and light-duty trucks.

How does Sourcewell benefit government agencies?

Sourcewell simplifies the procurement process for government entities, providing ready-to-use contracts and minimizing lengthy bidding procedures.

What incentives are available for purchasing the Mullen THREE?

The Mullen THREE qualifies for significant financial incentives, including up to a $45,000 cash voucher and federal tax credits that could lower the effective cost to under $17,000.

Who is National Auto Fleet Group?

National Auto Fleet Group is a family-owned vehicle vendor specializing in government agency procurement, offering comprehensive fleet vehicle purchasing solutions.

How has the acquisition of Bollinger Motors affected Mullen?

Bollinger Motors' integration enhances Mullen's electric vehicle offerings, expanding their production capabilities and compliance with industry standards.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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