Net Element(MULN)

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Mullen Announces New European Distributor, GAMA, for the Balkans Region
Newsfilter· 2024-05-24 13:00
Core Points - Mullen Automotive has formed a new commercial distribution partnership with GAMA to offer its full commercial electric vehicle lineup in the Balkans Region [1][3] - The initial order from GAMA includes 53 commercial electric vehicles, which consist of urban delivery vehicles, commercial vans, and trucks [1][3] - GAMA has a strong reputation in the Balkan market, having distributed over 300 vehicles in the past year and is currently expanding its distribution network [2] Company Overview - Mullen Automotive is based in Southern California and focuses on building the next generation of commercial electric vehicles, with production facilities in Tunica, Mississippi, and Mishawaka, Indiana [4] - The company began commercial vehicle production in Tunica in August 2023 and received IRS approval for federal EV tax credits, offering eligible customers up to $7,500 per vehicle [4] - As of January 2024, Mullen's vehicles, including the Mullen ONE and Mullen THREE, are certified by the California Air Resource Board and EPA, making them available for sale in the U.S. [4]
Bollinger Motors Announces Sale of 50 Bollinger B4 Chassis Cabs to EnviroCharge
prnewswire.com· 2024-05-22 13:15
Deal Creates Innovative Mobile Charging Solution for Electric Vehicle Fleet Owners OAK PARK, Mich., May 22, 2024 /PRNewswire/ -- Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, today announced it has reached an agreement to sell 50 vehicles to EnviroCharge, a provider of convenient and flexible charging solutions for electric vehicle owners. EnviroCharge will install its mobile clean-propane-powered charging system on the Bollinger B4 Chassis Cab, an all-new, all-electric Class 4 ...
Mullen Announces Bollinger Motors Sale of 50 Bollinger B4 Chassis Cab EV Trucks to EnviroCharge
Newsfilter· 2024-05-22 13:00
Deal value estimated at $8,250,000 Partnership creates innovative mobile charging solution for electric vehicle fleet owners BREA, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today Bollinger Motors ("Bollinger") has reached an agreement to sell 50 vehicles to EnviroCharge, a provider of convenient and flexible charging solutions for an estimated deal value of $8,250,000 for electric ...
Net Element(MULN) - 2024 Q2 - Quarterly Report
2024-05-14 20:39
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact name of registrant as specified in its charter) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ 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. (State or other jurisdiction of incorporation or organization) For the quart ...
Net Element(MULN) - 2024 Q2 - Quarterly Results
2024-05-14 18:57
Mullen Reports Q2 2024 Fiscal Quarter Results Exhibit 99.1 Positive stockholders' equity of $117,414,643 as of March 31, 2024 Company has additional $150 million in capital commitments to support the scaling of commercial EV operations BREA, Calif., May 14, 2024 -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, today announces financial results for the three and six months ended March 31, 2024, and a business update. Commenting on the r ...
Mullen Reports Q2 2024 Fiscal Quarter Results
Newsfilter· 2024-05-14 18:00
Positive stockholders' equity of $117,414,643 as of March 31, 2024 Company has additional $150 million in capital commitments to support the scaling of commercial EV operations BREA, Calif., May 14, 2024 (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 and six months ended March 31, 2024, and a business update. Commenting on the results for the three and six months end ...
Mullen Announces $150 Million Financing Commitment
Newsfilter· 2024-05-14 13:15
$150 million capital infusion allows Mullen and Bollinger to operate and expand domestic and international commercial sales efforts These commitments satisfy the Company's capital needs over the next 13 months BREA, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today the Company has received a $100 million financing commitment from a family office and has sold up to an additional $50 ...
U.S. Department of Commerce Approves Mullen's Tunica, Miss., Facility as Foreign Trade Zone
Newsfilter· 2024-05-09 13:00
BREA, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today the Company has been approved for Foreign Trade Zone ("FTZ") status with the U.S. Department of Commerce for its commercial vehicle manufacturing and assembly center located in Tunica, Mississippi. A copy of Mullen's FTZ approval can be found here. With FTZ approval, the Company now qualifies for a variety of benefits, includin ...
MULN Stock Alert: Bollinger Announces Partner for Warranties, Mobile Services
InvestorPlace· 2024-05-07 16:03
Mullen Automotive (NASDAQ:MULN) stock is on the move Tuesday after the company confirmed that subsidiary Bollinger Motors has reached a service agreement with Amerit Fleet Solutions.According to a press release from the company, Amerit Fleet Solutions is going to provide mobile service and maintenance for Bollinger Motors’ commercial electric vehicles (EVs). That includes for customers that buy fleets of EVs from the Mullen subisidary.Amerit Fleet Solutions work will have it covering warranties on Bollinger ...
Bollinger Motors Taps Amerit Fleet Solutions for Mobile Service & Warranty for the Company's B4 All-Electric Class 4 Commercial Truck
Prnewswire· 2024-05-07 13:30
DETROIT, May 7, 2024 /PRNewswire/ -- Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, and Amerit Fleet Solutions ("Amerit"), a leading provider of customized fleet maintenance and repair programs nationwide, announced today that they have entered into an agreement for Amerit to provide mobile service and maintenance to Bollinger's commercial fleet customers. Bollinger B4 Under the terms of the agreement, the two companies will jointly provide EV service and warranty support fo ...