Shaping the Road Ahead in Electric Automobiles | Mullen Mullen (NASDAQ: MULN) is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions and electric vehicles We are now a publicly-traded company as of November 5th, 2021
About the Company | Mullen Mullen Automotive, Inc is the product of a strategic union of the economic efficiency offered by CODA Automotive with the superior features provided by Mullen Motor Cars’ technology Mullen as we know today is the culmination of nearly a decade long undertaking by David to make his vision a reality
Mullen Automotive Provides Company Update On Sept 7, 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive, and on Dec 1, 2022, Mullen closed on the acquisition of all of Electric Last Mile Solutions' (“ELMS”) assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana
Newsroom | Mullen | Press Release Mullen Reaches Definitive Agreement to Acquire Additional 21% of Bollinger Motors, Bringing Its Total Ownership to 95% and Eliminates Significant Debt
Mullen Automotive Ships Initial Commercial EVs Under $210M Purchase . . . Mullen shipped the initial commitment of commercial EV cargo vans and trucks on September 2, 2024 The initial shipment of vehicles represents the first phase of the multi-vehicle agreement between Mullen and Volt Mobility with the planned shipment of 300 vehicles in CY 2024
Mullen Announces FIVE RS Launch and Vehicle Sales in Germany in . . . In August 2023, Mullen began commercial vehicle production in Tunica As of January 2024, both the Mullen ONE, a Class 1 EV cargo van, and Mullen THREE, a Class 3 EV cab chassis truck, are California Air Resource Board (“CARB”) and EPA certified and available for sale in the U S
Volt Enters into $210 Million Contract with Mullen to Purchase 3000 . . . Mullen will receive an initial $3 million deposit within 60 days and additional payments as the vehicles are delivered The Company will begin shipping the first vehicles immediately Mullen expects to recognize approximately $210 million in revenue over the next 16 months of the agreement
Mullen and Enpower Greentech Inc. Enter Partnership and Supply . . . Mullen’s production of EGI SWIFT batteries is slated to begin early 2026 Mullen will integrate the EGI SWIFT battery into its existing SSB program in Fullerton, California EGI SWIFT semi solid-state batteries (SSB) are intended for use in commercial vehicles as well as other industrial applications including drone, E-aviation, robotics
Mullen Makes Additional Cost Cutting Initiatives While Also Announcing . . . Company cost cutting initiatives include: • Additional reduction of staff as Company continues to integrate operations • Further elimination of facilities • Additional reduction of operating expense burn rate Mullen continues focus on cell and battery pack developments
Mullen Automotive Inc. Announces Reverse Stock Split Effective June 2, 2025 Mullen announced today that it will effect a 1-for-100 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0 001 per share (“Common Stock”), that will become effective on June 2, 2025, at 12:01 a m Eastern Time