NetworkNewsBreaks – Mullen Automotive Inc. (NASD
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Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is actively testing advanced battery technology that can provide a range of 600-plus miles on a full charge. “Mullen is making significant strides toward producing vehicles that feature some of the longest ranges available in the EV space… Earlier this year, the company announced an update on its next-generation solid-state polymer battery technology, which is a significant advancement over today’s current lithium-ion batteries. ‘Mullen’s testing of solid-state polymer reveals the potential for a 15-kilowatt-hour battery pack that delivers over 600-plus miles of range and highlights an 18-minute DC fast charge, which can yield over 300 miles of range,’” a recent article reads. “Recognizing the importance of battery and range in the success of an EV, Mullen is also exploring other advanced battery technologies, including lithium-sulfur and lithium-iron-phosphate. The company is committed to doing whatever is necessary to deliver EV batteries that will surpass today’s existing lithium-ion technology and offer a host of benefits, such as increased efficiency, energy density and range, while also lowering the cost, weight, thermal and environmental risks.”
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