Mullen Automotive Inc. (NASDAQ: MULN) Partners with Global Pioneer in AWG Sector to Develop Water-from-Air EV Solutions

• Mullen and Watergen are together developing technology to produce fresh drinking water from the air for in-vehicle consumer and commercial application
• Opportunities for air-to-water vehicle applications are endless, and Mullen is proud to work with Watergen on this game-changing technology
• This innovative tech is envisioned for Mullen’s fleet of EV cargo vans and can be utilized in both commercial and recreational vehicle settings

A Car and Driver article points to climbing sales in the U.S. electric vehicle space as one of the signs that the country is accepting EVs (https://ibn.fm/2BclA). This growing acceptance is fueling Mullen Automotive (NASDAQ: MULN) commitment to make EVs more accessible than ever (https://ibn.fm/0sTw0). As evidence of that focus, Mullen recently announced a partnership with Watergen Inc. to 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 application.

“Our partnership with Watergen has been months in the making and is a very exciting opportunity for both our companies,” said Mullen Automotive CEO and chair David Michery. “Mullen will be the first automotive company to codevelop this technology with Watergen for our entire portfolio of electric vehicles. The opportunities for air-to-water vehicle applications are endless, and Mullen is proud to partner with Watergen on this game-changing technology.”

According to the company, Watergen is an Israel-based company and a global pioneer in the atmospheric drinking water devices (“AWG”) market, building technology and equipment that create drinking water from the air. “The company’s solutions are the most effective and economical way to solve the pressing issue of drinking water scarcity in any location, at any time, and to enable the elimination of carbon-intensive supply chains and environmentally harmful plastic waste,” the announcement stated.

“Watergen’s technology of ‘air to clean drinking water’ for vehicles can generate a fresh supply of hot and cold drinking water for vehicle occupants,” the statement continued. “This technology is envisioned for Mullen’s fleet of EV cargo vans and can be utilized in both commercial and recreational vehicle settings. The air-to-water systems will provide up to five liters of drinking water daily, directly from the air, while the vehicle is moving and can be used as a fresh water source for the vehicle occupants.”

The partnership has been in the making for several months. Mullen has been one of Watergen’s design partners for in-vehicle, air-to-water technology, with the goal of Mullen initiating vehicle testing of the new service in Q1 2023. “The cooperation with Mullen takes us another step towards a cleaner environment and a unique and uncompromising vehicle experience,” said Watergen vice president of mobility Steve Elbaz. “We are working and will continue to work for a clean future — not just for us but for every person in this world.”

Mullen is a Southern California–based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. The company’s current EV development portfolio includes the Mullen FIVE EV Crossover, the Mullen ONE EV Fleet Vans and the DragonFLY Sports Car.

The company has evolved over the past decade in sync with consumers and technology trends. Today, MULN is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life.

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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