NetworkNewsBreaks – Mullen Automotive Inc. (NASD
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Posted On: 12/03/2024 2:54:48 PM
NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Recognizes Revenue from Follow-On Order of Bollinger B4 Trucks by TEC Equipment
Mullen Automotive (NASDAQ: MULN) announced a follow-on order from TEC Equipment for seven all-electric 2025 Bollinger B4 trucks, with revenue recognized in the current fiscal quarter. This order builds on TEC’s initial purchase of three B4 trucks in October 2024, with deliveries planned across California, Oregon, and Washington. The Class 4 B4 truck, featuring a 185-mile range and 7,394-pound payload, is designed for commercial fleets with a focus on safety and efficiency, qualifying for substantial federal and state tax incentives. Bollinger Motors has recently achieved key milestones, including EPA and CARB certifications, production launch, and agreements with major fleet operators and dealers, solidifying its position in the commercial EV market.
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) announced a follow-on order from TEC Equipment for seven all-electric 2025 Bollinger B4 trucks, with revenue recognized in the current fiscal quarter. This order builds on TEC’s initial purchase of three B4 trucks in October 2024, with deliveries planned across California, Oregon, and Washington. The Class 4 B4 truck, featuring a 185-mile range and 7,394-pound payload, is designed for commercial fleets with a focus on safety and efficiency, qualifying for substantial federal and state tax incentives. Bollinger Motors has recently achieved key milestones, including EPA and CARB certifications, production launch, and agreements with major fleet operators and dealers, solidifying its position in the commercial EV market.
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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