News Archives - Page 10 of 49

TuesdayJul 02, 2024 12:28 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports New Dealer Makes First Sale of MULN EV in Massachusetts

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, is reporting the sale of its first electric vehicle in Massachusetts through its new dealer partner, Eco Auto; the two announced their partnership last month. According to the announcement, Eco Auto made the sale to a Massachusetts-based company that provides custom home building, home renovations and maintenance, property management and painting services. Eco Auto is a national franchise of automotive dealerships that focus on offering a comprehensive electric vehicle experience by providing affordable EVs, hybrid models, advanced charging stations and expert EV service. “We are thrilled to announce the first Mullen commercial EV…

MondayJul 01, 2024 11:07 am

GreenCarNewsBreaks — Lucid Group Inc. (NASDAQ: LCID) Announces Trademark Agreement with Gravity Inc.

Lucid Group (NASDAQ: LCID), a maker of advanced electric vehicles, has reached an agreement with Gravity Inc., an American manufacturer of high-speed, EV-charging equipment. The agreement marks a compromise between the two companies regarding use of the Lucid Gravity trademark. According to the announcement, the agreement approves Lucid's use of the Lucid Gravity brand, noting that the usage is without impinging on Gravity's preexisting trademark. By reaching an agreement, the two companies are avoiding a dispute or legal action. A Gravity official noted that the company’s mission is to fuel growth in the EV space, stating that “when there is…

ThursdayJun 27, 2024 11:37 am

GreenCarNewsBreaks — Rivian Automotive Inc. (NASDAQ: RIVN) Sees Stock Soar After Volkswagen Investment

Rivian Automotive (NASDAQ: RIVN), a key player in the electric vehicle market, recently saw its stock price soar following a significant announcement. The company, known for its innovative approach to EVs, caught the market’s attention with news of a substantial $5 billion investment from Volkswagen. This investment not only infuses Rivian with considerable financial resources but also marks the start of a promising joint venture aimed at pushing the boundaries of electric vehicle technology. The collaboration between Rivian and Volkswagen is set to focus on the development of new technologies for electric vehicles. This partnership is a clear indication…

WednesdayJun 26, 2024 2:56 pm

GreenCarNewsBreaks – Rivian Automotive Inc. (NASDAQ: RIVN) Sees Stock Soar After Volkswagen Investment

Rivian Automotive Inc. (NASDAQ: RIVN), a key player in the electric vehicle market, recently saw its stock price soar following a significant announcement. The company, known for its innovative approach to EVs, caught the market's attention with news of a substantial $5 billion investment from Volkswagen. This investment not only infuses Rivian with considerable financial resources but also marks the start of a promising joint venture aimed at pushing the boundaries of electric vehicle technology. The collaboration between Rivian and Volkswagen is set to focus on the development of new technologies for electric vehicles. This partnership is a clear indication…

TuesdayJun 25, 2024 12:52 pm

GreenCarNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Appoints Nick Twork to Oversee Global Communications Team

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, has announced the appointment of Nick Twork as its head of global communications. In the new role, Twork will oversee Lucid’s global communications team, which includes worldwide product, corporate, financial and internal communications, media relations and social media. Twork will assist Lucid’s world-class executive team support and amplify the company’s mission, working closely across all divisions internationally. “Nick has a rare blend of deep industry insight, emerging technology leadership, and a passion for our mission to decarbonize the transportation sector,” said Lucid CEO and CTO Peter Rawlinson. “I’m…

MondayJun 24, 2024 11:14 am

GreenCarNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Subsidiary Secures EPA Certification for Class 4 EV Commercial Trucks

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, an electric vehicle (“EV”) manufacturer, today announced that its subsidiary, Bollinger Motors, has received its Certificate of Conformity from the Environmental Protection Agency (“EPA”) for its Class 4 B4 Chassis Cab. The certificate is another important milestone for Bollinger Motors as it moves closer to delivering initial vehicles to customers. “This is a huge step for us in becoming the leader in all-electric, commercial trucks,” said Robert Bollinger, founder and CEO of Bollinger Motors. “We are proud that the Bollinger B4 is engineered and assembled right here in Michigan with 70%…

ThursdayJun 20, 2024 2:47 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Shares Progress Across Its Commercial Vehicle Programs, Plans to Increase Portfolio

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today issued a shareholder update from its CEO and Chairman David Michery on various efforts and company initiatives. Among the highlights on recent milestones, the company reported committed capital in excess of $250 million, state incentive program approvals for $45,000 in California and $15,000 in Massachusetts for Class 3 EV trucks, commercial sales and technology advancements, and national and international dealer network expansion. “We continue to make solid progress across our commercial vehicle programs. We are also actively pursuing M&A discussions with other EV companies to increase our vehicle portfolio…

ThursdayJun 13, 2024 2:04 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Secures $13.2M Sales Order

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announced that its subsidiary, Bollinger Motors, has reached an agreement to sell 80 all-electric Class 4 commercial trucks for a sales order of $13.2 million to Momentum Groups, a leader in fleet management and EV charging solutions. Momentum, with strength is in its full-service national fleet program and mobile or permanent charging infrastructure for EVs, can upfit the Bollinger B4 Chassis Cab with mobile EV chargers, a box truck, flatbed, service body or stake truck. According to the announcement, Momentum will take possession of the vehicles after Bollinger Motors launches…

TuesdayJun 11, 2024 3:02 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Mullen THREE Truck Approved for Massachusetts’ $15,000 Cash Voucher Program

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has received approval from the Massachusetts Executive Office of Energy and Environmental Affairs’ Department of Energy Resources (“DOER”) for its Mullen THREE to qualify for the state’s $15,000 cash rebate voucher program. An all-electric Class 3 low cab forward truck, the Mullen THREE has a suggested MSRP of $68,500; however, when the Massachusetts state cash rebate of up to $15,000 is combined with the available $7,500 federal tax credit, the net effective price of the Mullen THREE totals an estimated $46,000. The MOR-EV program focuses on making electric vehicles more affordable…

MondayJun 10, 2024 1:33 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Enters Key Northeast Hub with Addition of New England Area Dealer

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announced the addition of zero-emissions commercial vehicle dealership, Eco Auto, a Boston, Massachusetts-area dedicated EV dealer. As Mullen’s newest franchise dealer, Eco Auto will cover national fleet opportunities for the company’s full line of commercial electric vehicles with particular focus on the regional New England area. According to the announcement, Eco Auto’s initial vehicle order includes 10 Mullen ONE, Class 1 EV cargo vans, and 3 Mullen THREE, Class 3 EV cab forward EV trucks. “The New England area is a key Northeast hub for commercial fleet companies and one…

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