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California Issues HVIP Approval, Granting Mullen's Class 3 EV Trucks a $45,000 Cash Voucher Per Vehicle Sold
MULNNet Element(MULN) Newsfilter·2024-04-29 13:00

Under HVIP, the Mullen THREE EV truck, with a suggested MSRP of 68,500,nowqualifiesforarebateofupto68,500, now qualifies for a rebate of up to 45,000. When combined with the available 7,500federaltaxcredit,theneteffectivecostoftheMullenTHREEwouldbelessthan7,500 federal tax credit, the net effective cost of the Mullen THREE would be less than 17,000. BREA, Calif., April 29, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today the  California Air Resources Board ("CARB") has approved the Company's all-el ...