GreenCarNewsBreaks Archive - Page 21 of 43

FridayMay 13, 2022 11:49 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Q2 Preliminary Financial Results

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced preliminary financial results (subject to change) for its period ending March 31, 2022. Among the highlights, the company reported cash and cash equivalents amounting to $65.2 million, as well as total debt of $22.1 million continuing its downward trend. In May 2022, Mullen signed a proposal with Thurner Design for the vehicle development of the Mullen FIVE RS, a high-performance EV sport crossover vehicle featuring close to 1,100 HP, 0-60 mph in just 1.95 seconds, and 200 mph top speed. Further, Mullen FIVE reservations increased substantially and more…

TuesdayMay 10, 2022 2:20 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Positive Initial Results, Progression to next Stage of Solid-State Polymer Battery Testing

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced an update on Mullen’s solid-state polymer battery testing with the Battery Innovation Center (“BIC”) in Indiana. According to the update, BIC has completed the cell preconditioning in preparation for cell performance cycling. The C/20 preconditioning format is to establish cell capacity baseline. BIC will enter into high rate cycling as part of the performance-based cycling with those results forthcoming. “I am pleased with the initial preconditioning results on our solid-state polymer battery cell and we’re progressing to the next stage of testing with BIC,” said David Michery, CEO…

ThursdayMay 05, 2022 12:18 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) to Show High-Performance FIVE RS during Roadshow Tour

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced that it will be adding its Mullen FIVE RS model to its summer roadshow tour. The company has been touring the country in what it calls a “strikingly different” test-drive opportunity. The event has featured the Mullen FIVE EV Crossover; adding the Mullen FIVE RS will allow those who visit the event to see the new electric vehicle up close although, because of its high-powered capabilities (it can go from 0 to 60 mph in 1.95 seconds), visitors will not be able to test drive the car. Rather,…

TuesdayMay 03, 2022 11:54 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Plans Test Drive Tour Showcasing Mullen FIVE EV Crossover

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released the dates and schedule for its national test drive tour featuring its Mullen FIVE EV Crossover. According to the announcement, the company has scheduled stops at 19 different locations during the six-week tour, which is slated to start in October. At each stop, those interested will have a chance to test drive the new Mullen FIVE EV Crossover. The test drives will be held on closed circuit tracks or racetracks, and reservations will be required for the test drives. The event includes Los Angeles, San Diego, Las Vegas,…

MondayMay 02, 2022 11:29 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces ‘Milestone’ Filing of Loan Application for Mullen ONE EV Cargo Van Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has filed an ATVM loan application with the U.S. Department of Energy (“DOE”). The loan is for the company’s ONE EV Cargo Van Program. According to the announcement, the application was filed on April 29, 2022, after the company submitted the prequalification requirement and then was invited to submit the formal application. One of the first electric commercial vehicle offerings, Mullen’s ONE EV is designed to be a Class 1 light commercial cargo van rated under 6,000 pounds GVRW. The Energy Independence and Security Act of 2007 authorized the ATVM…

MondayApr 25, 2022 11:01 am

GreenCarNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Progress, EV Vision Featured in The Buzz EV News Article

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that the company was featured in a recently published article by The Buzz EV News that highlights Mullen’s progress and its plans for the upcoming FIVE EV Crossover. The piece features excerpts from a Q&A roundtable interview with David Sickels, digital managing editor from The Buzz EV News, where David Michery, Mullen’s CEO and chairman, Jason Putnam, VP of marketing, and Marian Petrelecan, VP of vehicle engineering, sat down to discuss different aspects of Mullen Automotive and its FIVE EV. “We had a great discussion with David from…

FridayApr 22, 2022 9:30 am

GreenCarNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Move to Begin EV Battery Pack Production Featured in Recent Articles

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, was featured in recent articles published by TheDetroitBureau.com and Auto Futures that discussed the company’s plans to begin EV battery pack production out of its high voltage battery R&D facility located in Monrovia, California. Mullen is in the process of retrofitting its facility to accommodate production of the EV battery packs destined for its EV vehicle line-up, which includes the ONE EV Cargo Van, FIVE EV Crossover and DragonFLY EV Sportscar. “Building our own battery packs makes sense as it reduces our reliance on third-party suppliers and lessens our risk…

ThursdayApr 21, 2022 12:56 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) to Conduct Solid-State Polymer Battery Cell Testing with Leading Independent Facility

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced solid-state polymer battery testing with the Battery Innovation Center (“BIC”) in Indiana. Started in 2013, BIC’s mission is focused on promoting the rapid development, testing, commercialization, and advanced learning of safe, reliable, high-performance, and lightweight energy storage systems for commercial, defense, academic partners and industry. According to the update, the Battery Innovation Center will perform constant current discharge, peak power and constant power discharge tests on Mullen’s solid-state polymer battery to assess cell capabilities and associated performance. Mullen previously highlighted test results conducted by EV Grid, whereafter Tom…

TuesdayApr 19, 2022 3:52 pm

GreenCarNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) High-Performance, ‘Sexy’ FIVE Featured in The BUZZ Article

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, was featured in a recent article published by The BUZZ. The piece, titled “What is the Mullen FIVE & What’s Next for the EV Maker — Q&A,” features content from a roundtable discussion with Mullen’s CEO and Chairman David Michery, VP of marketing, Jason Putnam, and VP of vehicle engineering, Marian Petrelecan. “I believe that Mullen FIVE, to me, and to this company, is what the Model S was to Tesla (NASDAQ: TSLA),” Michery states. “The key factor – and people don’t focus on this key factor – is not…

MondayApr 18, 2022 10:46 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) to Take EV Battery Pack Production In-House in Monrovia, California

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced plans to begin EV battery pack production out of its high voltage battery R&D facility located in Monrovia, California. In an effort to reduce dependency on third-party suppliers and reduce the risk associated with material and supply shortages, Mullen is retrofitting its Monrovia facility to accommodate the production of EV battery packs destined for the company’s EV vehicle lineup, including the ONE EV Cargo Van, FIVE EV Crossover and DragonFLY EV Sportscar programs. By taking production in-house, Mullen will also lower costs and increase overall quality control in…

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