GreenCarNewsBreaks Archive - Page 32 of 58

ThursdaySep 15, 2022 12:31 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Provides First Look at Its Ultra-High-Performance FIVE RS

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced specifications and unveiled details on the FIVE RS - its ultra-high-performance EV sport crossover. The Mullen FIVE RS will be equipped with 800-volt architecture, all-wheel drive, a two-speed gearbox and over 1,000 horsepower and feature a top speed of 200 mph and acceleration from 0-60 mph in just 1.9 seconds. “From the inception of Mullen, it has been my mission to bring an ultra-high-performance EV to market,” said David Michery, CEO and chairman of Mullen Automotive. “The FIVE RS is intended to be one of the fastest vehicles…

MondaySep 12, 2022 10:00 am

GreenCarNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Acquisition of Controlling Stake in Bollinger Motors Featured in Recent Articles

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, was featured in recent articles published by InsideEVs and Newsweek that discussed its strategic move to purchase a controlling stake in Bollinger Motors. “EV fresh face Mullen Automotive has purchased a 60% controlling stake in Bollinger Motors for $148.2 million USD cash. It’s the company’s first EV acquisition after having purchased many of its building blocks from other enterprises along the way,” reads the Newsweek publication. The article quotes David Michery, CEO and chairman of Mullen Automotive, stating, “Combining Bollinger’s vehicles with our existing class 1 and class 2 EV…

FridaySep 09, 2022 11:33 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) CEO Releases Shareholder Statement in Response Bollinger Motors Majority Acquisition

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is updating shareholders about the company’s recent majority acquisition of Bollinger Motors Inc. MULN CEO and chair David Michery released a statement for shareholders providing details about the transaction. U.S.-based Bollinger Motors was founded by Robert Bollinger in 2015 and manufactures all-electric platforms and chassis cabs for commercial vehicles in Classes 3-6. “All cash and stock required to close the Bollinger transaction on Sept. 7, 2022, has been funded or placed in escrow as required by the transaction documents,” said Mullen Automotive CEO and chair David Michery in the press…

ThursdaySep 08, 2022 11:51 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces 1st EV Acquisition, Webinar to Discuss Strategic Move

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced its acquisition of a controlling interest in EV truck innovator Bollinger Motors Inc. This is Mullen’s first EV acquisition and propels the company into the medium and heavy-duty truck classes 3-6, along with the B1 and B2 sport utility vehicles. The purchase price of $148.2 million in cash and stock for a 60% controlling interest gives Mullen the majority ownership of Bollinger Motors and positions Bollinger to capture the electric sport utility and commercial vehicle markets. More details about the acquisition can be found on Mullen’s website and…

ThursdaySep 01, 2022 10:51 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Partners with Watergen on Game-Changing Technology

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a signed partnership with Watergen Inc. Under the collaboration, Watergen, a pioneering Israel-based company and a global leader in the atmospheric drinking water devices (“AWG”) market, will develop and equip Mullen’s portfolio of electric vehicles with technology that will produce fresh drinking water from the air for in-vehicle consumer and commercial applications. “Our partnership with Watergen has been months in the making and is a very exciting opportunity for both our companies,” said David Michery, CEO and chairman of Mullen Automotive. “Mullen will be the first automotive company…

TuesdayAug 30, 2022 1:42 pm

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Positioned ‘Front and Center for Last-Mile Delivery Opportunities’

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, owns and partners with several synergistic businesses to create clean and scalable EVs and energy solutions. “The company’s ability to reach this goal can perhaps be measured by its success, which was recently on display when Mullen inked a deal with DelPack Logistics LLC (‘DPL’) for up to 600 Mullen Class 2 Electric Cargo Vans. The two companies entered a binding agreement calling for DPL, an Amazon delivery service partner, to purchase the EVs over the next 18 months; the first 300 will be ready for delivery by Nov. 30,…

ThursdayAug 25, 2022 11:00 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces New Strategic Collaboration, Rapid Progress on FIVE EV Crossover Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a collaboration with TRE (Team Rosberg Engineering) GmbH from Germany on vehicle chassis and safety development for the Mullen FIVE EV Crossover Program. TRE, an independent tier 1 engineering supplier for several large OEMs worldwide, is highly specialized in chassis development for production and prototype vehicles. In addition, Mullen is currently working with engineering partner ARRK to finalize the structural layout for the Mullen FIVE with computer-aided engineering (“CAE”) simulation loop. “The engineering work for the FIVE continues to progress in full swing. We’ve made rapid progress thanks…

MondayAug 22, 2022 11:31 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Upcoming Launch of Fully Functional Demonstrator FIVE EV Crossover Vehicles

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that the first fully functional demonstrator vehicles of the Mullen FIVE EV Crossover will begin arriving this October. Mullen and hofer powertrain have been jointly developing the upcoming vehicles, which will be utilized in Mullen’s upcoming 2022 “Strikingly Different” Test Drive Tour as well as other events planned across the U.S. in 2023. “We are thrilled to launch the first fully functional, demonstrator FIVE EV Crossover vehicles this October,” said David Michery, CEO and chairman of Mullen Automotive. “Mullen and hofer have been working diligently to have these…

FridayAug 19, 2022 11:50 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Featured in Silicon Review Article

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, was featured in an article published by The Silicon Review(R). The piece, titled “David Michery, Mullen Automotive CEO: ‘Experience premium automotive retail that fits into your everyday life,’” highlights excerpts from a recent interview with the MULN executive. “I love cars, and this was an opportunity for me to buy into something that I’ve been a fan of for a long time. I’ve always been an advocate car collector; you gotta love what you do. I want to be responsible; the use of fossil fuels will disappear. I like to…

TuesdayAug 09, 2022 2:12 pm

GreenCarNewsBreaks – Mobiv Acquisition Corp. (NASDAQ: MOBVU) Announces Closing of IPO and Exercise of Full Over-Allotment Option

Mobiv Acquisition Corp. (NASDAQ: MOBVU) has announced the closing of its initial public offering of 8,700,000 units at $10.00 per unit. According to the update, each unit consists of one share of Class A common stock and one redeemable warrant. Each warrant entitles the holder to purchase one share of Class A common stock, each at a price of $11.50. The underwriters exercised their over-allotment option in full for an additional 1,305,000 units on Aug. 4, 2022, and the over-allotment option was closed with the offering. Aggregate gross proceeds to Mobiv, including the over-allotment, total $100,050,000, prior to deducting underwriting…

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