GreenCarNewsBreaks Archive - Page 13 of 56

ThursdayMay 09, 2024 11:53 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Mississippi-Based Facility Receives FTZ Status from U.S. Department of Commerce

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has been approved for Foreign Trade Zone (“FTZ”) status with the U.S. Department of Commerce for Mississippi-based commercial vehicle manufacturing and assembly center. According to the announcement, a Foreign Trade Zone is an area within the United States where foreign and domestic merchandise is generally considered to be in international commerce and outside of U.S. customs territory for duty and tariff purposes. The approval means that Mullen qualifies for a variety of benefits, including deferment of payments on duties related to import fees; the company can now match import duty payment…

TuesdayMay 07, 2024 2:15 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) and Bollinger Motors Partner with Amerit Fleet Solutions to Offer Warranty and Mobile Service

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, and its subsidiary, Bollinger Motors, have entered into an agreement with Amerit Fleet Solutions, a leading provider of customized fleet maintenance and repair programs nationwide. The agreement calls for Amerit to provide mobile service and maintenance to Bollinger’s commercial fleet customers. According to the announcement, Bollinger and Amerit will collaborate to provide EV service and warranty support for the Bollinger B4, as well as other vehicles developed by Bollinger. Specifically, Amerit will provide maintenance, repair and warranty services to Bollinger customers located outside of the designated service area of a Bollinger…

TuesdayMay 07, 2024 11:40 am

GreenCarNewsBreaks — Lucid Group Inc. (NASDAQ: LCID) Releases Q1 2024 Financial Report

Lucid Group (NASDAQ: LCID), a company setting new standards for the luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle, is reporting its first quarter 2024 financial results, for the period ended March 31, 2024. Highlights of the report show that the company produced 1,728 vehicles in first quarter, and is on track for annual production of approximately 9,000 vehicles; delivered 1,967 vehicles in Q1, up 39.9% compared to Q1 2023; reached Q1 revenue of $172.7 million; raised $1 billion via private placement to an affiliate of the Public Investment Fund (“PIF”); and has approximately $5.03 billion of total liquidity. “I…

MondayMay 06, 2024 2:21 pm

GreenCarNewsBreaks — Mullen Automotive Inc.’s (NASDAQ: MULN) Inks Agreement with NAFG, Board Adopts Limited Duration Stockholder Rights Plan

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has added a commercial dealer to its growing list of dealerships. The company announced that National Auto Fleet Group (“NAFG”) will offer Mullen’s full line of all-electric commercial vehicles, specifically in Northern and Southern California. NAFG is a Sourcewell contract awardee and provides fleet vehicle purchasing to state, local government and educational institutions; Sourcewell is a government agency that has fulfilled bidding requirements and holds hundreds of competitively solicited contracts ready for use. “Everything you see, smell or touch was moved by truck at one time or another,” said National Fleet…

ThursdayMay 02, 2024 1:59 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Partners with Pritchard EV, MRSS to Target ‘Great Opportunity’ within Roadside Service Market

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has partnered with Pritchard EV, a national leader in the adoption of EVs with commercial fleets and Mullen’s recently announced dealer partner, and Mobile Road Services Solution (“MRSS”), a leading upfitter for the Roadside Service Industry. The tripartite partnership is geared toward the debut of the Mullen ONE, Class 1 EV cargo van roadside assistance vehicle upfit, currently on display at the American Towman Showcase in Las Vegas, Nevada. According to the announcement, Pritchard EV worked with MRSS to identify the Mullen ONE EV cargo van as their first joint…

WednesdayMay 01, 2024 3:27 pm

GreenCarNewsBreaks — Mullen Automotive Inc.’s (NASDAQ: MULN) Announces Newest Franchise Partner as Pritchard EV Joins Dealer Network

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, continues to expand its U.S. dealer network. The company announced that Pritchard EV, one of the largest commercial dealers in the country, has signed up as a new franchise partner to carry Mullen’s commercial EV lineup, covering both regional and national fleet opportunities. Pritchard EV is a nationally known leader in fleet sales and a pioneer in commercial EV sales. According to the announcement, Mullen fleet vehicles, including the Mullen ONE and Mullen THREE, are available for immediate order and delivery through Pritchard EV. Pritchard EV is a subsidiary of Pritchard…

MondayApr 29, 2024 12:15 pm

GreenCarNewsBreaks — Mullen Automotive Inc.’s (NASDAQ: MULN) Class 3 EV Truck Approved for California’s $45,000 HVIP Cash Voucher Program

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has received approval from the California Air Resources Board (“CARB”) for the Mullen THREE, a class 3 low cab forward vehicle, to be accepted in the state’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (“HVIP”). The approval means the Mullen THREE EV truck now qualifies for a rebate of up to $45,000.According to the announcement, when that rebate is combined with the $7,500 federal tax credit, the Mullen THREE, which has a suggested MSRP of $68,500, could be available for under $17,000. California’s HVIP program supports deployment of zero-emission technologies…

ThursdayApr 25, 2024 3:43 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Receives CARB Certification for 2025 Class 3 EV Truck

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is announcing the receipt of certification from the California Air Resources Board (“CARB”) for the 2025 Millen THREE, a Class 3 all-electric low cab forward chassis truck. A copy of Mullen’s 2025 Class 3 CARB certification can be found on MullenUSA.com. The announcement noted that this new CARB approval follows the 2024 Model Year CARB certification for Mullen THREE, received in January 2024. The certification is awarded to vehicle manufacturers who meet specific emissions standards in compliance with CARB regulations. CARB certification opens the Mullen THREE to critical state EV…

MondayApr 22, 2024 2:27 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Marks Phase One Completion of Battery Line Integration

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the first phase completion of battery line integration at its high energy facility located in Fullerton, California. According to the announcement, the southern California facility is dedicated to producing next-generation American-made EV battery packs, a critical component to Mullen’s commitment to zero emissions and to reducing reliance on key battery components imported from foreign countries. “Our new battery assembly plant is not just an investment in Mullen Automotive's future, but also a testament to our commitment towards U.S. battery production,” said David Michery, CEO of Mullen Automotive.…

ThursdayApr 18, 2024 2:31 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports Recent Operational Highlights

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced that the 500th commercial vehicle was recently produced out of its Tunica, Mississippi, commercial vehicle manufacturing and assembly facility, marking a manufacturing milestone. The announcement also detailed Mullen’s recent highlights, noting that the company has 18 active commercial vehicle pilots underway and that the expansion of its U.S. retail network with dealers located on the West Coast, Midwest and Mid-Atlantic regions is expected to commence in June 2024. In addition, the expansion of commercial vehicle distribution in Europe, which plans to sell 800 units, is expected to begin…

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