News Archives - Green Car Stocks

ThursdayJan 02, 2025 8:00 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Launches Electric Van into Home Services Sector with Mr. Appliance Partnership

Mullen Automotive (NASDAQ: MULN) has sold its Mullen ONE All-Electric Cargo Van to Mr. Appliance of Owings Mills, Maryland, marking its entry into the home service market. This move positions the emerging electric vehicle manufacturer to address a critical industry need for cost-effective transportation solutions. With transportation costs accounting for over 30% of operating expenses in the home service sector, the Mullen ONE offers significant savings, including reduced fuel costs, lower maintenance expenses, and eligibility for a $7,500 federal tax credit. CEO David Michery highlighted the importance of this collaboration in supporting operational efficiency and sustainability for home service businesses. To…

ThursdayDec 26, 2024 9:25 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Secures Class 3 EV Truck Order from Westland Floral

Mullen Automotive (NASDAQ: MULN) has received a purchase order for two Class 3 EV trucks, the Mullen THREE, from Westland Floral. The trucks, customized by Phenix Truck Bodies in California, were delivered through Pritchard Commercial and include California HVIP incentives, emphasizing cost and environmental benefits. The Mullen THREE, designed for urban last-mile delivery, boasts a 38-foot turning diameter, over 5,800 pounds of payload, and easy upfitting capabilities. Mullen’s EV lineup meets strict U.S. safety and emissions standards and offers substantial savings through state and federal incentive programs, including up to $45,000 in California rebates. To view the full press release,…

ThursdayDec 19, 2024 11:12 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Expands U.S. Battery Manufacturing with Updated DOE Proposal

Mullen Automotive (NASDAQ: MULN) has submitted a revised plan to the U.S. Department of Energy (“DOE”) to bolster domestic battery production at its Mishawaka, Indiana, and Fullerton, California, facilities. The company has invested $12 million to date, with an additional $43 million planned, seeking $55 million in matching DOE funds under a program funded by the Bipartisan Infrastructure Law. Mullen’s plan prioritizes high-volume battery production at Mishawaka, a former GM Hummer facility, which will be upgraded to a capacity of 108,000 battery systems annually. Fullerton will focus on research, development, and prototype production. Mullen's strategic acquisitions and infrastructure investments position…

WednesdayDec 18, 2024 11:12 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports $5.5M in EV Sales and Significant Cost Reductions

Mullen Automotive (NASDAQ: MULN) announced sales of 100 Class 1 and Class 3 electric cargo vans and trucks since Sept. 30, 2024, generating $5.5 million in revenue. The company has also reduced its monthly burn rate from $16.8 million in August to $5.3 million in October and November. CEO David Michery highlighted growing demand for sustainable transportation solutions and ongoing discussions with government agencies and large fleets. The Mullen ONE and Mullen THREE commercial EVs meet strict U.S. emissions standards and qualify for various state and federal incentives, including up to $45,000 in rebates. To view the full press release,…

TuesdayDec 17, 2024 10:55 am

GreenCarNewsBreaks – The Coretec Group Inc. (CRTG) Gains Spotlight on NetworkNewsAudio Following Transformative Acquisition

The Coretec Group (OTCQB: CRTG) has been prominently featured in a NetworkNewsAudio (“NNA”) broadcast, which highlights the company’s acquisition of a controlling stake in KIB Plug Energy Co., Ltd., a KOSPI-listed South Korean enterprise. NNA, a leading platform for delivering visibility and brand awareness to the investment community, underscores the significance of this acquisition as Coretec advances its position in the global energy and technology sectors. KIB Plug Energy, with operations in 53 countries and annual revenues exceeding $70 million for the past five years, brings substantial expertise in chemical and petroleum plant services. Coretec Co-Chairman Dr. Kim described the…

ThursdayDec 12, 2024 11:01 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Bollinger Motors Delivers First 25 B4 Trucks, Generating $4.1M in Sales

Mullen Automotive (NASDAQ: MULN) announced that its subsidiary, Bollinger Motors, has delivered its first 25 all-electric B4 chassis cab trucks since production began in September, generating $4.1 million in retail sales. Designed with input from fleet operators, the Class 4 B4 truck features a 158-kWh battery, over 7,300 pounds of payload capacity, and a 185-mile range. Bollinger credits its growing dealer network and customer enthusiasm for the vehicle’s rapid market adoption. Key milestones include achieving EPA and CARB certifications, establishing a manufacturing partnership with Roush Industries, and securing partnerships with top commercial dealers and service providers. Bollinger Motors aims to…

WednesdayDec 11, 2024 11:12 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Expands EV Reach with Bergey’s Truck Centers Partnership

Mullen Automotive (NASDAQ: MULN) announced that its subsidiary, Bollinger Motors, has partnered with Bergey’s Truck Centers to expand its commercial sales and service network into the mid-Atlantic region, covering Delaware, Maryland, New Jersey, and Pennsylvania. This partnership grows Bollinger’s national dealer network to over 50 locations. Bergey’s has placed its initial order of all-electric B4 trucks, designed with fleet input for safety and capability, and deliveries began in October. The collaboration reflects a shared commitment to advancing sustainable, electrified commercial vehicles, bolstered by Bollinger’s recent production launch and regulatory milestones. To view the full press release, visit https://ibn.fm/46siC About Mullen Automotive…

MondayDec 09, 2024 9:35 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Expands Midwest Reach with Broadway Ford Truck Center Partnership

Mullen Automotive (NASDAQ: MULN) announced that its subsidiary, Bollinger Motors, has partnered with St. Louis-based Broadway Ford Truck Center as an official dealer, enhancing its Midwest presence. Bollinger’s all-electric Class 4 commercial truck, the B4 Chassis Cab, which features a 158-kilowatt-hour battery and fleet-focused design, began deliveries in October. Broadway Ford Truck Center’s President, Dennis Phillips, highlighted the alignment of both companies’ commitments to sustainability and innovation in the commercial vehicle industry. Bollinger has recently achieved key milestones, including regulatory compliance, significant vehicle agreements, and partnerships with multiple dealers and service providers. To view the full press release, visit https://ibn.fm/Uw2zt…

ThursdayDec 05, 2024 10:53 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Secures Order for Class 3 EV Trucks from Bay Area Distributor

Mullen Automotive (NASDAQ: MULN) has received an order from Associated Coffee, a San Francisco Bay Area distributor, for 10 Class 3 EV cab chassis trucks. Fulfilled by authorized dealer Papé Group, the order supports Associated Coffee’s sustainability-focused operations, which prioritize reduced carbon footprint and efficiency. Mullen’s commercial EVs, including the Class 3 Mullen THREE, are designed for urban last-mile delivery and meet stringent emissions standards. The Mullen THREE also offers significant financial incentives, with up to $52,500 in rebates and tax credits, aligning with Associated’s commitment to environmentally conscious practices. To view the full press release, visit https://ibn.fm/mgOdS About Mullen Automotive…

TuesdayDec 03, 2024 12:15 pm

GreenCarNewsBreaks — 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…

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