NetworkNewsBreaks – Mullen Automotive Inc. (NASD
Post# of 960
(Total Views: 171)
Posted On: 03/16/2023 4:25:15 PM
NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Positioning to Deliver Class 1 and 3 Vehicles, Enter Next Phase of Crossover Program
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today released a statement from its CEO to address recent investor inquires. Among the highlights, Mullen anticipates making Class 1 EV deliveries to various commercial customers before the end of March 2023 and believes the company’s cash on hand and expected firm cash commitments will provide enough capital to execute on its business plan over the next 12 months. “I believe we have all the pieces in place between our product, factories and strategic expertise to execute on our plans to deliver our Class 1 and Class 3 vehicles this year,” said David Michery, CEO and chairman of Mullen Automotive. “Furthermore, we continue to invest and move at a fast clip with the Mullen FIVE program, which will soon be approaching vehicle engineering freeze, allowing us to move into the next phase of the crossover program.”
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 Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today released a statement from its CEO to address recent investor inquires. Among the highlights, Mullen anticipates making Class 1 EV deliveries to various commercial customers before the end of March 2023 and believes the company’s cash on hand and expected firm cash commitments will provide enough capital to execute on its business plan over the next 12 months. “I believe we have all the pieces in place between our product, factories and strategic expertise to execute on our plans to deliver our Class 1 and Class 3 vehicles this year,” said David Michery, CEO and chairman of Mullen Automotive. “Furthermore, we continue to invest and move at a fast clip with the Mullen FIVE program, which will soon be approaching vehicle engineering freeze, allowing us to move into the next phase of the crossover program.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
(0)
(0)Mullen Automotive Inc. (MULN) Stock Research Links
Scroll down for more posts ▼