Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a 1,000-vehicle order for the Mullen THREE, a Class 3 low cab forward (“LCF”) EV truck. Randy Marion Automotive Group (“RMA”) placed the order, with deliveries commencing in August 2023. The purchase order is valued at $63 million and is between Randy Marion Isuzu LLC, a member of the Randy Marion Automotive Group, and Mullen Automotive. “Randy Marion continues to set the bar for commercial EV dealerships in the U.S. We are proud to be working alongside RMA in getting Mullen’s commercial EVs, starting with our Class 1 and Class 3 EVs, out to our commercial customers,” said David Michery, CEO and chairman of Mullen Automotive.
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About Mullen Automotive Inc.
Mullen is a Southern California-based automotive company building the next generation of electric vehicles (“EVs”) that will be manufactured in its two United States-based assembly plants. Mullen’s EV development portfolio includes the Mullen FIVE EV Crossover, Mullen-GO Commercial Urban Delivery EV, Mullen Commercial Class 1-3 EVs and Bollinger Motors, which features both the B1 and B2 electric SUV trucks and Class 4-6 commercial offerings. On Sept. 7, 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive, and on Dec. 1, 2022, Mullen closed on the acquisition of all of Electric Last Mile Solutions’ (“ELMS”) assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana. For more information about the company, visit www.MullenUSA.com.
NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN
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