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Mullen to Begin Immediately Accepting Cryptocurrency, Including Bitcoin and $TRUMP Meme Coin, for the Purchase of Mullen and Bollinger Commercial Electric Vehicles
Globenewswire· 2025-06-25 21:15
Company to begin acceptance of cryptocurrency to expand addressable EV market Mullen is One of the Only Vehicle Manufacturers Currently Accepting Crypto for Vehicle Purchase Vehicles for crypto purchase include the Mullen ONE and THREE EV cargo van and truck and the Bollinger B4 electric truck. BREA, Calif., June 25, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that the Company is accepting ...
Mullen Automotive Finalizes Settlement with GEM Group
Globenewswire· 2025-06-10 17:00
Company moves forward accelerating its business objectivesBREA, Calif. / NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, along with GEM Yield Bahamas Limited and GEM Global Yield LLC SCS (together, “GEM”) today announces that they have finalized a settlement resolving all outstanding legal disputes between the parties. As part of the settlement, Mullen has transferred full, unencumbered owners ...
Mullen Added to ComEd State Rebate Program, Offering Business Customers Significant EV Incentives in Illinois
Globenewswire· 2025-06-05 20:45
文章核心观点 Mullen Automotive宣布其商用电动汽车符合伊利诺伊州ComEd商业与公共部门电动汽车回扣计划的激励条件,客户购买车辆可获可观节省,该计划助力企业和公共部门实现车队电动化 [1][3][5] 分组1:ComEd商业与公共部门电动汽车回扣计划介绍 - 为商业客户提供简单且经济高效的车队电动化途径,目标是在2025年前为轻型、中型和重型电动汽车、卡车和巴士发放超7000万美元回扣 [2][8] - 为所有寻求向电动商用车转型的ComEd商业和公共部门客户提供回扣,为有车队电动化需求的企业和公共部门组织节省成本 [4] 分组2:Mullen商用电动汽车激励情况 - Mullen ONE Class 1电动货运面包车通过ComEd计划可获最高7500美元激励,与联邦税收抵免结合,每辆车最多可节省15000美元 [1][3][14] - ComEd为中型电动汽车(3 - 6类)提供最高30000美元激励,但因申请量大幅增加,该类别的销售点代金券新申请已暂时列入等待名单 [3] 分组3:Mullen公司情况 - 是南加州的汽车公司,在美国密西西比州图尼卡和印第安纳州米沙瓦卡设有两座工厂,2023年8月在图尼卡开始商用车生产 [9] - 商用电动汽车阵容包括Mullen ONE Class 1电动货运面包车和Mullen THREE Class 3电动底盘驾驶室卡车,均符合美国联邦机动车安全标准、环保署和加州空气资源委员会认证 [6][9] - 商用经销商网络有七家经销商,覆盖美国多个关键市场 [9] - 2022年9月收购Bollinger Motors多数股权,后者B4 Class 4电动卡车于2024年9月16日投产,并建立超50个地点的经销商网络 [10] 分组4:经销商及咨询方式 - Mullen授权经销商Pritchard EV和Range Truck Group在伊利诺伊州提供ComEd回扣,可协助客户处理激励流程并在销售点直接处理回扣 [5] - 对Mullen商用电动汽车和ComEd回扣计划感兴趣的伊利诺伊州企业和公共部门组织,可联系Pritchard EV或Range Truck Group [7]
Mullen Announces FIVE RS Launch and Vehicle Sales in Germany in December 2025
Globenewswire· 2025-06-03 21:15
Mullen FIVE RS, Ultra-High-Performance EV Crossover Company Announces FIVE RS will launch in Germany in December 2025. The Mullen ultra-high-performance FIVE RS EV Crossover features a top speed of over 200 mph and acceleration from 0-60 mph in under 2 seconds The FIVE RS is equipped with 800-volt architecture, all-wheel drive, two-speed gearbox, and over 1,100 horsepower Initial vehicle market territories include the EU in 2025, followed by the UAE and South Africa in early 2026 Mullen is partnering wi ...
Mullen Reaches Definitive Agreement to Acquire Additional 21% of Bollinger Motors, Bringing Its Total Ownership to 95% and Eliminates Significant Debt
Globenewswire· 2025-06-02 23:03
Transaction increases shareholder equity by approximately $3.5M As part of agreement, Mullen extinguishes significant debt, gains additional 21% ownership and regains full control of Bollinger Motors Bollinger to continue operating as a majority owned Mullen subsidiary; Mullen will continue to provide full financial backing on sales, service, and warranty of vehicles Bollinger to ramp up sales activity immediately while consolidating and streamlining operations BREA, Calif., June 02, 2025 (GLOBE NEWSWIRE) ...
Mullen Automotive Inc. Announces Reverse Stock Split Effective June 2, 2025
Globenewswire· 2025-05-29 21:00
BREA, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle manufacturer, today announces that it will effect a 1-for-100 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.001 per share (“Common Stock”), that will become effective on June 2, 2025, at 12:01 a.m. Eastern Time. The Common Stock will continue to trade on The Nasdaq Capital Market (“Nasdaq”) under the existing MULN symbol and will beg ...
Net Element(MULN) - 2025 Q2 - Quarterly Report
2025-05-21 04:01
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ___ Commission file number: 001-34887 MULLEN AUTOMOTIVE INC. (Exact name of registrant as specified in its charter) (State or other jurisdictio ...
Net Element(MULN) - 2025 Q2 - Quarterly Results
2025-05-20 23:00
Company cash spend reduced significantly from $120.9M to $52.4M for the six months ended March 31, 2025 BREA, Calif., May 20, 2025 (GLOBE NEWSWIRE) – via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, today announces financial results for the three months ended March 31, 2025, and a current business update. Commenting on the results for the three months that ended March 31, 2025, and recent Company highlights, CEO and Chairman David Michery ...
Mullen Announces Quarterly Results for 3 Months Ended March 31, 2025
Globenewswire· 2025-05-20 21:00
Company fiscal Q2 outperforms all previous quarterly revenue results Mullen achieves strong results with $5M revenue for quarter ending March 31, 2025 Company revenue is $7.9M for six months ended March 31, 2025 Company net loss decreased substantially from $132.4M in fiscal Q2 2024 to approximately $47.1M in comparable quarter ending March 31, 2025 Company cash spend reduced significantly from $120.9M to $52.4M for the six months ended March 31, 2025 BREA, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- via IBN – ...
Cashflow on Wheels, a Multistate FedEx and Amazon DSP Consolidator, Purchases 20 Mullen THREE Class 3s
Globenewswire· 2025-04-21 21:25
First 20 vehicles will be delivered in May to Cashflow on Wheels for FedEx routes in Texas and GeorgiaInitial deal valued at approximately $1.4 million Cashflow on Wheels is a leading logistics company with a focus on transitioning FedEx and Amazon last-mile local delivery to electric vehicles BREA, Calif., April 21, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today a Class 3 vehicle order with Cas ...