News Archives - Page 20 of 52

WednesdayDec 06, 2023 3:35 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Filing of Landmark Federal Spoofing Lawsuit

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its filing of a complaint in the United States District Court for the Southern District of New York alleging that UBS Securities, LLC, IMC Financial Markets and Clear Street Markets, LLC (the “Defendants”) engaged in a market manipulation scheme that violated Section 10(b) and Rule 10b-5(a) and (c) and Section 9(a) of the Securities Exchange Act of 1934. The lawsuit alleges that between Nov. 9, 2021, and Nov. 9, 2023, the Defendants and/or their customers used spoofing to manipulate the market price of Mullen shares. “In the 21…

TuesdayDec 05, 2023 1:45 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Mullen THREE Delivery to Retail Partner for Sale to Customers

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has delivered its All-Electric Class 3 EV, the Mullen THREE, to the Randy Marion Automotive Group (“RMA”) in North Carolina. Mullen’s retail dealership partner, RMA is one of the largest commercial fleet dealers in the United States. The Mullen THREE is a low-cab forward chassis truck assembled in Mullen’s Mississippi-based commercial vehicle assembly plant. The newest Mullen vehicle boasts a 5,800-plus pound payload and 130-mile range and is specifically designed for the “urban last-mile delivery.” The truck chassis can be customized to meet a variety of vocational needs, including last-mile delivery,…

MondayDec 04, 2023 1:38 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Strategic Engagement of Basile Law Firm P.C.

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it has hired Mark R. Basile, Esq. and his law firm, The Basile Law Firm P.C., to assist the company in reviewing its current fundings and to make recommendations in developing its floorplan for future fundings. “Mullen is committed to full transparency to the public markets. We are making this announcement in an effort to notify our shareholders that we fully intend to take any and all measures necessary to continue our sustainable growth as we move ahead with previously announced strategic initiatives,” said David Michery, CEO…

MondayNov 27, 2023 12:49 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Issues Update on CBP Application for Class 1 EV Cargo Vans

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that the company and Rapid Response Defense Systems (“RRDS”) have filed responses for final ruling and compliance by the U.S. Customs and Border Protection (“CBP”) application for Mullen’s Class 1 EV cargo van. In March 2023, the companies announced a partnership with RRDS, one of the country’s leading small business federal contractors, selecting Mullen as exclusive provider of Class 1 EV cargo vans. On behalf of Mullen, RRDS filed the Ruling Request Application, which details the substantial transformation Mullen completed for the Class 1 EV cargo van to…

ThursdayNov 16, 2023 1:32 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Partner Receives Key Retail License, Begins Shipping EVs

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced that its partner, the Randy Marion Automotive Group (“RMA”), has received its North Carolina license to retail Mullen’s commercial EVs. According to the announcement, this is a required dealer license that allows the auto group to move vehicles to customers. According to RMA officials, the organization is seeing “tremendous interest” in Mullen’s Class 1 and Class 3 vehicles. The new dealer license allows the company to immediately begin delivering Mullen EVs. Beginning Nov. 20, 2023, the company will begin shipping Class 3 vehicles to Adventure Coast Rentals in Tennessee…

MondayNov 13, 2023 12:31 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Expansion of US Battery Operations

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a new high-energy facility in Fullerton, California, which expands the company’s overall U.S. footprint, including EV battery development and production capabilities. According to the announcement, the new Southern California facility is dedicated to producing next-generation American-made EV battery packs, a critical component to the company’s commitment to zero emissions. Mullen’s high-energy pilot facility in Monrovia, California, will be consolidated with the recently purchased Romeo Power assets at the company’s new high-energy and high-volume battery pack production facility in Fullerton, California. “We are one step closer to fulfilling our…

MondayNov 06, 2023 1:42 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Achieves Key Milestone with Receipt of EPA Certification for Class 1 EV Cargo Vans

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced full approval from the Environmental Protection Agency (“EPA”) that provides Mullen with the EPA’s Certificate of Conformity for Class 1 EV cargo vans on Nov. 2, 2023. Both Mullen’s commercial Class 1 and Class 3 EV vehicles have now received EPA certification (its Class 3 EV cab chassis truck received the certification on Sept. 22, 2023), which is a key milestone for selling vehicles in the U.S. Class 3 vehicle production began in August 2023 with the first vehicles rolling off the assembly line on Aug. 21, 2023,…

ThursdayNov 02, 2023 1:41 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) CEO Provides Shareholder Update

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today shared an open letter to shareholders from CEO David Michery, providing updates on various matters and company initiatives. In the letter, Michery highlights several recent company accomplishments, including its commencement of Class 1 EV cargo vans on Nov. 1, 2023. “Over the past few months, the company has reached critical milestones towards accomplishing our ultimate goal to be a leader in the EV industry,” Michery stated in the letter. “We remain steadfastly dedicated to our employees, stakeholders and customers during this journey and thank you for your continued support…

ThursdayNov 02, 2023 12:39 pm

GreenCarNewsBreaks — Lightning Motorcycle Announces Investor Discount Perk Program

Lightning Motorcycle, manufacturer of the world’s most advanced electric motorcycles, is committed to environmental consciousness as it works to build its transformative motorcycles that offer superior efficiency, performance and affordability. According to a recent release, the company believes that electric mobility is the key to a sustainable future and is committed to making this vision a reality through its ecofriendly offerings. The company recently announced a limited-time “special perk” investment program that gives investors a 20% perk of an invested amount with no minimum. Individuals can choose from a discount on an EV bike or Lightning Motorcycle swag, such as…

ThursdayOct 26, 2023 1:27 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Request to Continue Listing Is Granted by NASDAQ Hearings Panel

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, was notified by the NASDAQ Hearings Panel that its request to continue listing on the NASDAQ capital market has been granted with two conditions. Those conditions call for the company to maintain a closing bid price of $1 per share for 20 consecutive trading sessions on or before Jan. 22, 2024, and hold an annual shareholder meeting on or before March 8, 2024. According to the announcement, the company held a meeting on Aug. 3, 2023, where proposals were approved by shareholders, but shareholders did not have an opportunity to…

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