Mullen Makes Additional Cost Cutting Initiatives While Also Announcing Record Increase in GAAP Revenue for Current Fiscal Quarter 2

Company cost cutting initiatives include: • Additional reduction of staff as Company continues to integrate operations.• Further elimination of facilities.• Additional reduction of operating expense burn rate. Mullen continues focus on cell and battery pack developments BREA, Calif., March 27, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces record GAAP revenue of $3.18 million to date for quarter ...