NetworkNewsBreaks – Mullen Automotive Inc. (NASD
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Posted On: 08/10/2023 3:35:09 PM
NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Commences Class 3 Vehicle Production at Tunica Facility
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the start of vehicle production at its Tunica, Mississippi, assembly plant for the Mullen THREE, Class 3 EV truck with first customer deliveries on track to begin in August and September. According to the update, the company will be gradually ramping up the production rate over the course of September through December, with Class 3 production capacity at the Tunica facility currently planned for 3,000 Class 3 vehicles per year. To date, Mullen has received $79 million in purchase orders for 1,250 Mullen THREE, Class 3 EV trucks from Randy Marion Automotive Group and MGT Lease Company. “I am proud to announce that our Class 3 vehicle line is now in production mode at our Tunica facility,” said David Michery, CEO and chairman of Mullen Automotive. “Our team has been working seven days a week, day and night, getting this plant reconfigured and ready for Class 3 production.”
Please see full terms of use and 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 the start of vehicle production at its Tunica, Mississippi, assembly plant for the Mullen THREE, Class 3 EV truck with first customer deliveries on track to begin in August and September. According to the update, the company will be gradually ramping up the production rate over the course of September through December, with Class 3 production capacity at the Tunica facility currently planned for 3,000 Class 3 vehicles per year. To date, Mullen has received $79 million in purchase orders for 1,250 Mullen THREE, Class 3 EV trucks from Randy Marion Automotive Group and MGT Lease Company. “I am proud to announce that our Class 3 vehicle line is now in production mode at our Tunica facility,” said David Michery, CEO and chairman of Mullen Automotive. “Our team has been working seven days a week, day and night, getting this plant reconfigured and ready for Class 3 production.”
Please see full terms of use and 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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