Mullen Automotive (NASDAQ:MULN) stock is in the news Friday after the electric vehicle (EV) company sold 80 of its B4 trucks to Momentum Groups. This sale is through Bollinger Motors but the order hasn't been filled just yet. Instead, Momentum Groups will get the electric trucks after production starts in the second half of 2024. Momentum Groups also has options for upgrading the EVs it's buying from Bollinger Motors. That includes upgrading them into mobile EV chargers, a box truck, a flatbed truck, a serv ...

Founded in 2015 by Robert Bollinger, Bollinger Motors, Inc. is a U.S.-based company headquartered in Oak Park, Mich. Bollinger Motors is developing all-electric commercial chassis cab trucks, Classes 4-6. In September of 2022, Bollinger Motors became a majority owned company of Mullen Automotive, Inc. (NASDAQ: MULN). Learn more at www.BollingerMotors.com and www.MullenUSA.com. "Momentum is a leader and innovator in mobile charging solutions and has a shared commitment to using electric vehicles as part of a ...

The Bollinger B4 qualifies for a $40,000 federal tax credit "Momentum is a leader and innovator in mobile charging solutions and has a shared commitment to using electric vehicles as part of a fleet management solution to help companies reduce emissions and save money," said Robert Bollinger, founder and CEO of Bollinger Motors. "We are excited that the Bollinger B4 will be the Class 4 platform that helps Momentum deliver a mobile-charging solution." Today's announcement follows a series of Bollinger Motors ...

About MOR-EV When combined with the available $7,500 federal tax credit, the net effective price of the Mullen THREE would be approximately $46,000 Mullen recently announced that it is now in receipt of CARB approval for both 2024 and 2025 Class 3 model years. Mullen's Class 1 and Class 3 commercial vehicles are both in receipt of Environmental Protection Agency ("EPA") and CARB certifications and in full compliance with U.S. Federal Motor Vehicle Safety Standards. The Company also recently announced it has ...

Read More:Penny Stocks — How to Profit Without Getting Scammed In terms of quantities, the dealership's initial orders will include 10 Mullen One vehicles (which are Class 1 electric cargo vans) and three Mullen Three vehicles labeled as Class 3 electric-powered cab forward trucks. In fiscal year 2023 (ended September), Mullen generated revenue of $370,000 with a net loss of $972.25 million. And as of the quarter that ended March 2024, the company incurred a retained loss of approximately $2.06 billion. Acc ...

BREA, Calif., June 10, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today the addition of zero-emissions commercial vehicle dealership, Eco Auto, a Boston, Massachusetts, area dedicated EV dealer. As Mullen's newest franchise dealer, Eco Auto will cover national fleet opportunities for the Company's full line of commercial electric vehicles with particular focus on the regional New England area. Eco ...

Company continues European expansion for commercial electric vehicle sales; new VP of Sales for Europe, Middle East and Africa appointed to oversee EMEA markets First European orders include an initial 93 EVs, including 40 all-electric Mullen-GO urban delivery vehicles to GAMA in Serbia and 53 commercial vans and trucks for Antidoto SA in Switzerland BREA, Calif., May 31, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufa ...

Commercial food delivery upfitter submits purchase order for 40 all-electric Mullen-GO urban delivery vehicles Mullen Automotive (NASDAQ:MULN) is a Southern California-based automotive company building the next generation of commercial electric vehicles ("EVs") with two United States-based vehicle plants located in Tunica, Mississippi, (120,000 square feet) and Mishawaka, Indiana (650,000 square feet). In August 2023, Mullen began commercial vehicle production in Tunica. In September 2023, Mullen received I ...

New PowerUP mobile charging system based on the all-electric Mullen THREE, a Class 3 cab chassis EV truck, provides increased versatility and 100% ZERO EMISSIONS power generation capable of delivering on demand, mobile DC fast-charging Company shifts PowerUP focus to a 100% clean energy model to reflect Mullen's commitment to sustainable transportation solutions, while aligning with the overwhelming market demand for zero emissions options in the mobile EV charging space BREA, Calif., May 28, 2024 (GLOBE NE ...

Mullen Automotive (NASDAQ:MULN) stock is on the move Friday after the company announced a new distribution partner for its electric vehicles (EV) in the Balkans Region. Mullen Automotive is teaming up with GAMA as one of its new distributors in Europe. This will have the company handle the distribution of Mullen Automotive's commercial EV product line in the area. There are plenty of other stock market stories traders are going to want to read about on Friday! Fortunately, we have all of that ready to go wi ...