NetworkNewsBreaks — Mullen Automotive Inc. (NASD
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Posted On: 01/03/2024 4:15:30 PM
NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reaches Class 3 Delivery Target for 2023 Calendar Year
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting that it reached its Class 3 target for the calendar year 2023. According to the announcement, the company built 154 Class 3 vehicles and delivered 141 Class 3 vehicles to the Randy Marion Automotive Group (“RMA”) for a total invoiced amount of $9,196,021; the company noted that the remaining 13 vehicles are being utilized for engineering and marketing purposes. Production of the Mullen Three takes place in the company’s Tunica, Mississippi-based commercial vehicle facility; the Mullen ONE, Class 1 EV cargo van and Class 3 EV cab chassis trucks are all built at this site. The company’s all-electric Mullen THREE is a Class 3, low-cab forward EV truck the offers a 125-mile range, robust payload and 38-foot turning diameter. The vehicle is designed for urban last-mile delivery but can easily be upfit for a variety of needs from last-mile delivery and construction to landscaping, catering and more. “I am proud of our team’s commitment in hitting our 2023 Class 3 delivery target with 154 Class 3’s built and 141 delivered to Randy Marion,” said Mullen Automotive CEO and chair David Michery in the press release. “[This year] is going to be a great year for us, and I am excited for the opportunities in front of us.”
NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://nnw.fm/MULN
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, is reporting that it reached its Class 3 target for the calendar year 2023. According to the announcement, the company built 154 Class 3 vehicles and delivered 141 Class 3 vehicles to the Randy Marion Automotive Group (“RMA”) for a total invoiced amount of $9,196,021; the company noted that the remaining 13 vehicles are being utilized for engineering and marketing purposes. Production of the Mullen Three takes place in the company’s Tunica, Mississippi-based commercial vehicle facility; the Mullen ONE, Class 1 EV cargo van and Class 3 EV cab chassis trucks are all built at this site. The company’s all-electric Mullen THREE is a Class 3, low-cab forward EV truck the offers a 125-mile range, robust payload and 38-foot turning diameter. The vehicle is designed for urban last-mile delivery but can easily be upfit for a variety of needs from last-mile delivery and construction to landscaping, catering and more. “I am proud of our team’s commitment in hitting our 2023 Class 3 delivery target with 154 Class 3’s built and 141 delivered to Randy Marion,” said Mullen Automotive CEO and chair David Michery in the press release. “[This year] is going to be a great year for us, and I am excited for the opportunities in front of us.”
NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://nnw.fm/MULN
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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