NetworkNewsBreaks — Mullen Automotive Inc. (NASD
Post# of 960
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is partnering with Phenix Truck Bodies & Van Equipment to develop a light-weight truck body for its class 3 EV. One of California’s largest providers of work trucks, equipment and specialty truck bodies, Phenix has an impressive list of long-term customers, including Southern California Edison, Southern California Gas, Los Angeles County Fire Department, SDG&E, USDA Forest Service and LA County Department of Public Works. MULN noted that the majority of commercial vehicles sold in the United States are sold through upfitters such as Phenix. The collaboration between the two companies is designed to produce an EV alternative to ICE vehicles, which will be made available to Phenix commercial fleet customers. The Mullen THREE truck has a tight turning diameter of 38 feet and offers excellent visibility for superior maneuverability on narrow city streets. “Phenix, in its 45-year history, has outfitted vehicles for some of the largest commercial public utility customers in the western U.S. with focus on Southern California,” said Mullen Automotive CEO and chair David Michery in the press release. “Having the opportunity to add our commercial EVs into the mix with Phenix and their large fleet business is a great step forward for our commercial business.”
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