News Archives - Page 12 of 52

TuesdayJul 16, 2024 12:42 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Announces Key Management Appointments

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, and its subsidiary, Bollinger Motors, have announced changes in Bollinger management. According to the announcement, former General Motors (“GM”) executive James Taylor has been appointed CEO, replacing company founder Robert Bollinger; Bollinger, a major shareholder, will remain on the company’s board of directors. Bryan Chambers was also named president and chief operating officer with Siva Kumar appointed chief strategy officer and senior vice president of finance. Taylor has been working with Bollinger on development of the company’s all-electric Bollinger B4 Class 4 Chassis Cab. He has more than three decades of…

MondayJul 15, 2024 1:01 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Inks Contract for Sale of 70 B4 EV Trucks to Leading Fleet-Management Company

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, and its subsidiary, Bollinger Motors, have contracted to sell 70 all-electric Class 4 Bollinger B4 commercial trucks. The trucks are being purchased by Doering Fleet Management, one of the nation’s premier fleet-management companies, and will be the first class 4, medium duty, all-electric truck offered by Doering. According to the announcement, the value of vehicle order is an estimated $11.5 million, and the first vehicles are slated to be delivered later this year. An all-new, battery-electric class 4 commercial truck, the Bollinger B4 Chassis Cab has been designed from the ground…

ThursdayJul 11, 2024 11:37 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Pioneering Battery Exchange Program for Qualifying Class 1 EV Cargo Van Customers

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is announcing POWER BOOST, a pioneering vehicle battery exchange program for current Class 1 EV cargo van customers. According to the announcement, POWER BOOST allows customers who meet existing vehicle warranty requirements to upgrade their lithium-ion battery packs to solid-state polymer battery packs, increasing vehicle range potential from 110 miles to over 200 miles. The company noted that the Mullen ONE, Class 1 EV cargo van equipped with the solid-state polymer battery pack is scheduled for production in H2 2025. “We value the investment and confidence that our customers place…

TuesdayJul 09, 2024 1:33 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Approximately $825K Vehicle Order for B4 EV Chassis Cabs

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announced that its subsidiary, Bollinger Motors, has reached an agreement to sell five all-electric Class 4 Bollinger B4 commercial trucks to Spencer Manufacturing, which will upfit the vehicles into fire rescue trucks. The vehicle order from Spencer Manufacturing, a specialty upfitter of rescue vehicles and fire trucks, including ladder, pumper, tanker, and grass/wildland trucks, is valued at approximately $825,000. “We are excited to work with Spencer Manufacturing to use the Bollinger B4 to keep communities safe,” said Jim Connelly, chief revenue officer for Bollinger Motors. “Durability, reliability and outstanding performance…

MondayJul 08, 2024 1:29 pm

GreenCarNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Announces Second Quarter Production, Deliveries, Schedules Release of Q2 2024 Results, Conference Call

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, today announced production and delivery totals for the quarter ended June 30, 2024. Lucid produced 2,110 vehicles and delivered 2,394 vehicles during this period, for which it will soon release its net income and cash flow results along with the rest of its financial performance. Lucid vehicle production and delivery numbers represent only one measure of the company’s operating performance and should not be relied on as sole indicators of quarterly financial results, which depend on a variety of factors. The company will host a conference call to…

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…

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