Core Viewpoint - Mullen Automotive Inc. has signed a Partnership and Supply Agreement with Enpower Greentech Inc. to manufacture and deliver advanced semi solid-state batteries (SSB) for various commercial and industrial applications, marking a significant step in Mullen's strategy to enhance its domestic battery production capabilities [1][2][3]. Group 1: Partnership Details - The agreement focuses on the domestic manufacturing of SWIFT SSB modules and battery packs at Mullen's Battery Center in Fullerton, California, which is equipped with three production lines for lithium-iron-phosphate (LFP) battery modules [2]. - Mullen aims to ramp up its engineering staff to achieve full production and implement this technology by early 2026 [2][5]. - The partnership is expected to reduce supply chain vulnerabilities and mitigate increased costs due to tariffs, aligning with Mullen's vision of providing domestically produced battery solutions [3][4]. Group 2: Battery Technology and Manufacturing - EGI's SWIFT Series SSB Cells utilize advanced silicon-anode-based technology, offering twice the energy density, ultra-fast charging capabilities, and extended cycle life compared to traditional batteries [4]. - EGI plans to start domestic manufacturing of these batteries in late Q3 2025 at its facility in Ann Arbor, Michigan, with plans to expand manufacturing capacity throughout 2026 [4]. - The SWIFT cells have been tested and validated by leading U.S. automotive OEMs and drone manufacturers, indicating strong market acceptance [4]. Group 3: Company Background - Mullen Automotive is focused on building the next generation of commercial electric vehicles (EVs) and operates two vehicle plants in the U.S., with production of commercial vehicles having commenced in August 2023 [8]. - The company has developed a commercial dealer network consisting of seven dealers across key U.S. markets, enhancing its sales and service coverage [8]. - Mullen's acquisition of Bollinger Motors has further strengthened its position in the EV market, with Bollinger's Class 4 electric truck production launched in September 2024 [9].