WednesdayOct 19, 2022 12:18 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Receives Approval to Move Forward with ELSM Acquisition

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received approval from the U.S. Bankruptcy Court to move forward on its acquisition of Electric Last Mile Solutions (“ELMS”) assets; ELSM is an electric vehicle company. According to the announcement, the Chapter 7-approved transaction paves the way for Mullen to acquire ELMS’s manufacturing plant along with all inventory and intellectual property. The acquisition will be an all-cash purchase; the company’s cash on hand and a funding commitment of up to $240 million provides the funds to finalize the acquisition and move forward with vehicle launches. The company noted that…

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FridayOct 07, 2022 1:09 pm

GreenCarNewsBreaks – Atlis Motor Vehicles Inc. (NASDAQ: AMV) Commences Trading on Nasdaq Exchange

Atlis Motor Vehicles (NASDAQ: AMV) is a vertically integrated work-focused EV technology ecosystem and battery company developing an electric work truck and the batteries to power it. The company recently announced its commencement of trading on the Nasdaq exchange under the symbol AMV. According to the update, Atlis is among the few companies that has executed its initial public listing through a Reg A financing after raising more than $35M through Reg A and Reg CF crowdfunding offerings. “We are incredibly gratified to have reached this milestone in partnership with our pre-public investors, many of whom have been invested in…

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ThursdaySep 29, 2022 10:14 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Shares Info about New Sport Crossover

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is providing a first look at its newest upcoming vehicle offering. The company released information about the FIVE RS, an ultrahigh-performance EV sport crossover. According to the announcement, Mullen’s newest EV can go from 0 to 60 mph in 1.9 seconds and comes with all-wheel drive, a two-speed gearbox, 800-volt architecture and 1,000-plus horsepower. Mullen plans to feature the FIVE RS in the second leg of its test-drive tour, beginning in April. Because of the vehicle’s high-powered capabilities, potential buyers won’t be able to test drive the vehicle; however, they…

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WednesdaySep 28, 2022 11:26 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases New Info about Upcoming Mullen Five RS

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced an upcoming version of its Mullen Five crossover that delivers a performance “to rival Plaid versions of Tesla’s Model S and Model X.” The Mullen Five was originally meant to compete against Tesla’s Model Y and Volkswagen ID.4, but the new version features more than 1,000 horsepower and the ability to go from 0 to 60 in under 2 seconds with a top speed of more than 200 mph; the new model also features an 800-volt electrical system, enabling rapid charge times when using a DC fast charger. The…

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TuesdaySep 27, 2022 10:32 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Releases New Info about Upcoming Mullen Five RS

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting new information about its upcoming, range-topping new model: the Five RS. Mullen announced the new vehicle late last year, calling it an “ultra-high performance EV” and reporting that it will feature an 800-volt architecture, all-wheel drive and a claimed output in excess of 1,000 hp (746 kW/1,014 PS). Noting that there are “risks and uncertainties” about its claims, the company anticipates that the crossover should be able to accelerate from 0 to 60 mph in under two seconds, reaching top speeds of approximately 200 mph. The new information…

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MondaySep 26, 2022 11:24 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Dates for Strikingly Different Fall Tour

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released the kickoff dates for its Strikingly Different tour; the fall tour features the Mullen FIVE EV Crossover. The tour begins on Oct. 27–28, 2022, at the Rose Bowl in Pasadena followed by a stop at the Las Vegas Motor Speedway on Nov. 10–11. In addition, the tour will make stops in both Dallas and Houston in November, with December locations slated in Memphis, Miami, Atlanta and Charlotte. The second leg of the tour will begin in spring 2023 with the tour heading to the East Coast as well…

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MondaySep 26, 2022 10:35 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Unveils In-House Product Design Studio

Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles, announced that it now has in-house design capabilities. Called Ideanomics Design, the new approach will strengthen the company’s position as a leading commercial EV and allow the company to have a powerful impact on the future of commercial EV solutions by creating high-performance electric mobility and charging solutions. According to the announcement, the new service will also embed a more cost-effective, efficient and standardized design process across the company. Ideanomics operates three verticals: Mobility, Energy and Capital. Each one is charged with being accountable for managing…

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WednesdaySep 21, 2022 1:11 pm

GreenCarNewsBreaks — Mullen Automotive Inc.’s (NASDAQ: MULN) Bollinger Motors Teams Up with Wabash to Develop New Body on Electric Chassis

Mullen Automotive (NASDAQ: MULN), through its recent majority acquisition, Bollinger Motors Inc., is partnering with Wabash, a leading truck body and trailer manufacturer. The partnership will focus on developing a stronger, lighter, refrigerated truck body on an electric chassis. The plan is to seamlessly integrate Bollinger’s Class 4 electric chassis cab with Wabash’s lightweight composite technology, EcoNex(TM), which will be used in truck bodies and trailers. According to the announcement, the exclusive EcoNex technology’s composite material is lighter and more durable and thermally efficient than other commercial products. With that in mind, the new offering will feature weight savings because…

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ThursdaySep 15, 2022 12:31 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Provides First Look at Its Ultra-High-Performance FIVE RS

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced specifications and unveiled details on the FIVE RS - its ultra-high-performance EV sport crossover. The Mullen FIVE RS will be equipped with 800-volt architecture, all-wheel drive, a two-speed gearbox and over 1,000 horsepower and feature a top speed of 200 mph and acceleration from 0-60 mph in just 1.9 seconds. “From the inception of Mullen, it has been my mission to bring an ultra-high-performance EV to market,” said David Michery, CEO and chairman of Mullen Automotive. “The FIVE RS is intended to be one of the fastest vehicles…

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FridaySep 09, 2022 11:33 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) CEO Releases Shareholder Statement in Response Bollinger Motors Majority Acquisition

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is updating shareholders about the company’s recent majority acquisition of Bollinger Motors Inc. MULN CEO and chair David Michery released a statement for shareholders providing details about the transaction. U.S.-based Bollinger Motors was founded by Robert Bollinger in 2015 and manufactures all-electric platforms and chassis cabs for commercial vehicles in Classes 3-6. “All cash and stock required to close the Bollinger transaction on Sept. 7, 2022, has been funded or placed in escrow as required by the transaction documents,” said Mullen Automotive CEO and chair David Michery in the press…

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