NetworkNewsBreaks – Mullen Automotive Inc. (NASD
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Posted On: 05/11/2023 3:46:19 PM
NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Secures $15,755,000 Vehicle Purchase Agreement with MGT
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its entry into a vehicle purchase agreement with MGT Lease Company (“MGT”), a national fleet leasing provider, to purchase 250 all-electric commercial class 3 cab chassis EV trucks in a contract valued at $15,755,000. The vehicles are slated for delivery beginning in August 2023, with complete fulfillment of the purchase agreement to occur by December 2023. Randy Marion Automotive Group, a distributor of Mullen’s commercial EVs, will fulfill the vehicle orders. “Our agreement with MGT enables them to offer their fleet customers a competitive commercial EV vehicle offering, including both our EV cargo van and now the larger Class 3 EV truck,” said David Michery, CEO and chairman of Mullen Automotive.
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 announced its entry into a vehicle purchase agreement with MGT Lease Company (“MGT”), a national fleet leasing provider, to purchase 250 all-electric commercial class 3 cab chassis EV trucks in a contract valued at $15,755,000. The vehicles are slated for delivery beginning in August 2023, with complete fulfillment of the purchase agreement to occur by December 2023. Randy Marion Automotive Group, a distributor of Mullen’s commercial EVs, will fulfill the vehicle orders. “Our agreement with MGT enables them to offer their fleet customers a competitive commercial EV vehicle offering, including both our EV cargo van and now the larger Class 3 EV truck,” said David Michery, CEO and chairman of Mullen Automotive.
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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