News Archives - Page 6 of 49 - Green Car Stocks

WednesdayOct 02, 2024 10:55 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Reports 6791% QoQ Revenue Growth, Continued Decrease in Monthly Cash Burn

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced expectations to report a significant revenue increase for the quarter ended September 30, 2024. The company anticipates recording approximately $4.5 million in revenue in the just-ended quarter, compared to $65,235.00 in the previous quarter ended June 30, 2024, a quarter-over-quarter increase of 6791%. According to the announcement, the company’s monthly cash burn for the quarter ended September 30, 2024, is approximately $12.7 million per month, down from $12.8 million for the quarter ended June 30, 2024, and $18.1 million for the quarter ended March 31, 2024. The announcement…

ThursdaySep 26, 2024 12:14 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Receives $3.2M Purchase Order from Papé Trucks for 50 Class 1 and Class 2 EVs

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a new vehicle order valued at $3.2 million. According to the announcement, Papé Trucks, the company’s seventh franchise dealer partner with 30 commercial sales and service locations across the Western U.S., has ordered 43 Class 3 EV trucks and 7 Class 1 EV cargo vans. The order also includes Class 1 and Class 3 parts supply to stock on hand for fast warranty service and repair work. Mullen will begin delivering the vehicles immediately. Papé’s strong reputation for exceptional customer service and vast network across the West is…

TuesdaySep 24, 2024 11:15 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Shares Video Update from CEO

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today shared a video update to shareholders provided by CEO and Chairman David Michery. In the video, Michery provides a detailed overview of the company’s recent progress, including sales and distribution expansion and financial performance. According to the update, the company’s sales activities with existing and new companies have resulted in new sales opportunities and vehicle orders received and or completed. Additionally, Mullen has secured financing to support sales growth through a $100 million preferred instrument and a $150 million fully available equity line. The update also highlighted Bollinger Motors’…

MondaySep 23, 2024 1:35 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN), Subsidiary Celebrate Production of B4 Electric Truck, CEO to Release Shareholder Update Video

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, and its subsidiary, Bollinger Motors, are announcing a major milestone. According to the announcement, the first customer-ready B4 electric truck rolled off the production line in Livonia, Michigan, last week. Employees, suppliers and government officials gathered on Sept. 20, 2024, to celebrate the production of the first customer-ready, all-electric Class 4 Bollinger B4 Chassis Cab. The vehicle, which is produced in partnership with Roush Industries, is entirely assembled in the United States. “Robert Bollinger and his team made a gutsy call two years ago to pivot to an entirely different market…

FridaySep 20, 2024 12:53 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Officials in UAE to Support Volt Mobility $210M Order

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, is sharing an update regarding a Volt Mobility United Arab Emirates (“UAE”) order valued at up to $210 million; the order is for 300 Mullen Class 1 and Class 3 electric vehicles. According to the update, members of the company’s technical and sales team are on site in Dubai this week, meeting with Volt officials, providing support for initial market launch activities, and overseeing delivery of the first Mullen One EV cargo vans and Mullen Three cab chassis trucks. Mullen is working with the Miami-based VoltiE Group, a charging company, to…

WednesdaySep 18, 2024 12:03 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Releases Pricing for New B4 Commercial Electric Truck

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, and its subsidiary Bollinger Motors have announced pricing for the 2025 Bollinger B4 Chassis Cab. The manufacturer’s suggested retail price (“MSRP”) for the all-new, all-electric Class 4 commercial truck is $158,758. The company noted that the B4 is eligible for combined federal and state incentives totaling more than $100,000. The vehicle features extensive fleet and upfitter input with an exclusive chassis designed to protect the 158-kwh battery pack and components to provide impressive capability and safety. According to the announcement, Bollinger has started serial production of the B4 and plans to…

TuesdaySep 17, 2024 12:10 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Inks Sales, Service Agreement with Leading Commercial Dealer Group

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, is adding to its EV dealership network. According to the company, premier full-service dealer Papé Kenworth has become Mullen’s seventh franchise dealer partner. Based in Eugene, Oregon, Papé Kenworth, which is part of the Papé Group, has more than 30 locations and is the West's premiere, full-service Kenworth truck dealer. The dealership is partnering with Mullen to provides zero-emissions trucks for a wide range of applications as it supports customers that are adapting to comply with evolving regulations. “Papé Kenworth is a hallmark dealer and distributor with unmatched and deep experience…

FridaySep 13, 2024 1:31 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) to Effect 1-for-100 Reverse Stock Split

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it will implement a 1-for-100 reverse stock split of its common stock, par value $0.001 per share, automatically combining and converting 100 current shares of its common stock into one issued and outstanding share of common stock. The reverse stock split, approved by the company’s stockholders and the board of directors, will take effect on September 17, 2024, at 12:01 a.m. ET. Following the split, the new CUSIP number will be 62526P505, with Mullen’s common stock trading on a split-adjusted basis under the existing ticker symbol MULN.…

WednesdaySep 11, 2024 11:10 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Gains ‘Strong Foothold’ in California’s Central Valley on Newly Named Dealer

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its subsidiary, Bollinger Motors, has added Affinity Truck Center, a family-owned business founded in 1980, to its retail network. As a result, Affinity, which operates sales locations in Bakersfield and Fresno, California, as well as service locations in Paso Robles and Salinas, California, is now an official Bollinger Motors dealer. Affinity is headquartered in the heart of California’s Central Valley. “The addition of Affinity Truck Center gives Bollinger Motors a strong foothold in California’s Central Valley,” commented Jim Connelly, chief revenue officer of Bollinger. “Affinity has a…

TuesdaySep 10, 2024 12:27 pm

GreenCarNewsBreaks — Lucid Group Inc. (NASDAQ: LCID) Hosts Technology & Manufacturing Day, Features Gravity SUV

Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, is showcasing its Lucid Gravity SUV today during its Technology & Manufacturing Day. According to the announcement, the event is being held at the company’s Arizona factory. In addition to highlighting the new EV, the event provided an overview of the car’s enabling technologies as well as an independent third-party analysis of the cost effectiveness of manufacturing the innovations. The company also announced its next-generation drive unit, Atlas, which is in development and undergoing extensive testing, and also reported that so far this year, it has delivered more cars…

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