NetworkNewsBreaks – Mullen Automotive Inc. (NASD
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Posted On: 05/29/2024 5:18:29 PM
NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Secures $440K Initial Order for Mullen-GO in Europe
Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announced a new European purchase order (“PO”) for 40 Mullen-GO urban delivery vehicles with Switzerland-based Antidoto SA, a commercial upfitter whose key focus is on-demand food delivery companies. According to the announcement, the initial PO is valued at $440,000 USD. Antidoto SA specializes in the design and sale of pizza ovens for delivery vehicles and installs warming ovens in various types of vehicles. Antidoto SA will initially order 40 Mullen-GO vehicles for 2024 and projects a minimum order of 180 units for 2025 to meet anticipated growing demand for zero emission EVs. The vehicles will first be deployed in Switzerland with planned expansion into other parts of Europe. “As part of our global expansion, we are looking at all segments of urban delivery opportunities, including hot and cold on-demand delivery, which is perfectly suited for the Mullen-GO,” said David Michery, CEO and chairman of Mullen Automotive.
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 republished: http://NNW.fm/Disclaimer
Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announced a new European purchase order (“PO”) for 40 Mullen-GO urban delivery vehicles with Switzerland-based Antidoto SA, a commercial upfitter whose key focus is on-demand food delivery companies. According to the announcement, the initial PO is valued at $440,000 USD. Antidoto SA specializes in the design and sale of pizza ovens for delivery vehicles and installs warming ovens in various types of vehicles. Antidoto SA will initially order 40 Mullen-GO vehicles for 2024 and projects a minimum order of 180 units for 2025 to meet anticipated growing demand for zero emission EVs. The vehicles will first be deployed in Switzerland with planned expansion into other parts of Europe. “As part of our global expansion, we are looking at all segments of urban delivery opportunities, including hot and cold on-demand delivery, which is perfectly suited for the Mullen-GO,” said David Michery, CEO and chairman of Mullen Automotive.
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 republished: http://NNW.fm/Disclaimer
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