NetworkNewsBreaks – Mullen Automotive Inc.’s (
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Posted On: 07/17/2024 3:33:44 PM
NetworkNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) 2024 Mullen ONE EV Cargo Van Qualifies for up to $3,500 Rebate under Massachusetts’ MOR-EV Program
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is announcing that the Massachusetts Executive Office of Energy and Environmental Affairs’ Department of Energy Resources (“DOER”) has approved the company’s 2024 Mullen ONE, an all-electric Class 1 cargo van, for up to $3,500 cash voucher under its MOR-EV program. Managed by DOER and administered statewide by the Center for Sustainable Energy (“CSE”), MOR-EV is committed to making electric vehicles more affordable for Massachusetts residents, businesses and non-profit organizations to help achieve clean transportation goals and reduce greenhouse gas emissions and provide more equitable access to EVs. The announcement noted that under MOR-EV, the 2024 Mullen ONE EV cargo van, with a suggested MSRP of $34,500, now qualifies for up to $3,500 cash voucher. In addition, when this rebate is combined with the available $7,500 federal tax credit, the net effective cost of the Mullen ONE would be approximately $23,500. “Both the Mullen ONE and THREE are now eligible for the MOR-EV rebate, making our Commercial EVs even more affordable for Massachusetts businesses,” commented David Michery, CEO and Chairman of Mullen Automotive. “We’re committed to making Mullen Commercial EVs accessible nationwide and securing state-level incentives like the MOR-EV program is a key part of this strategy.”
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 emerging electric vehicle (“EV”) manufacturer, is announcing that the Massachusetts Executive Office of Energy and Environmental Affairs’ Department of Energy Resources (“DOER”) has approved the company’s 2024 Mullen ONE, an all-electric Class 1 cargo van, for up to $3,500 cash voucher under its MOR-EV program. Managed by DOER and administered statewide by the Center for Sustainable Energy (“CSE”), MOR-EV is committed to making electric vehicles more affordable for Massachusetts residents, businesses and non-profit organizations to help achieve clean transportation goals and reduce greenhouse gas emissions and provide more equitable access to EVs. The announcement noted that under MOR-EV, the 2024 Mullen ONE EV cargo van, with a suggested MSRP of $34,500, now qualifies for up to $3,500 cash voucher. In addition, when this rebate is combined with the available $7,500 federal tax credit, the net effective cost of the Mullen ONE would be approximately $23,500. “Both the Mullen ONE and THREE are now eligible for the MOR-EV rebate, making our Commercial EVs even more affordable for Massachusetts businesses,” commented David Michery, CEO and Chairman of Mullen Automotive. “We’re committed to making Mullen Commercial EVs accessible nationwide and securing state-level incentives like the MOR-EV program is a key part of this strategy.”
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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