Mullen Technologies, Inc. manufactures and distributes electric vehicles. The company also specializes in the provision of customized solutions to meet various customer needs specifically in the municipal, military, and golf industries. It serves customers through dealers and service centers in the United States. The company was incorporated in 2014 and is based in Brea, California.
IPO Year:
Exchange: NASDAQ
Website: mullenusa.com
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Employees, Suppliers, Government Leaders Share Historic Bollinger B4 Vehicle Launch LIVONIA, Mich., Sept. 23, 2024 /PRNewswire/ -- It's not every day a start-up vehicle manufacturer gets to celebrate its ascension to full-fledged Original Equipment Manufacturer (OEM). For Bollinger Motors, that day came on Friday, Sept. 20, as employees, suppliers and government leaders gathered to recognize the company's first customer-ready vehicles, the all-electric Class 4 Bollinger B4 Chassis Cab, to go to market. Bollinger Motors has been on a nearly decade-long journey from idea to fini
Employees, suppliers, government leaders share historic Bollinger B4 vehicle launch Bollinger B4 electric truck entirely assembled in the USA and in partnership with Roush Industries BREA, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today that its subsidiary, Bollinger Motors ("Bollinger"), reached a milestone on Sept. 20, 2024, with production of the first customer-ready B4 electric truck in Livonia, Michigan. A video from Bollinger's production milestone and activities from Friday's open house can be found on Bollinger's YouTube channel. It's not every day
OAK PARK, Mich., Aug. 29, 2024 /PRNewswire/ -- Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, has named TEC Equipment, Inc. as an official Bollinger Motors dealer. The addition of sales and service provided by select TEC Equipment locations expands Bollinger Motors commercial sales and service network westward, with the following participating TEC Equipment locations: Sales & service Locations: California: San Diego, Fontana, OaklandOregon: PortlandWashington: SeattleAdditional service locations: Arizona: PhoenixCalifornia: La Mirada, Dixon, Lathro
Expands Sales and Service Network with 20 locations across all key markets in the Western United States TEC Equipment represents franchises from Volvo, Mack Trucks and Wabash Trailers with focus along the I-5 corridor, traveling through major cities in California, Oregon and Washington BREA, Calif., Aug. 29, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today that its subsidiary, Bollinger Motors ("Bollinger"), has named TEC Equipment, Inc. ("TEC") as an official Bollinger Motors dealer. The addition of 20 select TEC sales and service locations expands Bollinger Motors' comme
Company has committed capital in excess of $250 million Fleet customer pipeline includes Yale University, Princeton University, UCLA, Enterprise Fleet Services, DB Schenker and Mobile Road Service Solutions, a AAA provider The Company is also planning to deploy vehicles to Canada with key prospective partners including a major telecom company, which has already tested vehicle telematics with Mullen Mullen's Class 1 EV cargo van with solid-state polymer battery pack with significant improvement to range will be fully certified for production and sale in second half of 2025 Company in current talks to acquire EV OEMs to expand product portfolio for commercial and passenger EVs
BREA, Calif., Oct. 09, 2023 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, announces today the appointment of Marianne McInerney as Chief Strategy Officer. In this key role, McInerney will focus on growth opportunities and drive strategic initiatives for Mullen's commercial, consumer vehicles and governmental affairs. McInerney has been immersed in the automotive and transportation industry for almost two decades during which she has advised multiple OEMs, governmental entities and tier one suppliers. Prior to Mullen, McInerney held key roles at next-generation vehicle OEMs, the U.S. Depa
BREA, Calif., Dec. 09, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive, Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, announces today the hiring of Ronald Dixon as General Manager of Government Sales with a focus on U.S. government vehicle procurement programs. Dixon brings 42 years of automotive experience, including over 20 years leading General Motors' Federal Government Fleet Sales Team. Leading all aspects of bidding, contract approvals and price negotiations, Dixon was responsible for selling over 500,000 units to the U.S. federal government over the course of his career. "Bringing on a seasoned government sales e
BREA, Calif., Dec. 08, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive, Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, announces today the hiring of Donald Borthwick as its Vice President of Commercial Sales. Borthwick, with over 25 years leading commercial vehicle sales for Ford, will spearhead Mullen's commercial vehicle sales for the U.S. His previous accomplishments with Ford include: Grew west region commercial vehicle sales 18% (2008 – 2021), achieving regional volume and margin leadership annuallyAcquired and developed strategic relationships with key, high-volume accounts across consumer retail, food service and
Agreement appoints Newgate as marketing, sales, distribution and servicing agent for the Mullen I-GO in Ireland and the UK.Newgate will purchase initial units of the I-GO for vehicle demonstrations, marketing and sales opportunities with potential customers.Expected delivery date for the Mullen I-GO samples is Dec. 20, 2022. BREA, Calif., Nov. 09, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, announces today that it has entered into an agreement to appoint Newgate Motor Group, one of Ireland's most recognized dealership groups, as the marketing, sales, distribution and
Dealer Group Agrees to Purchase 500 Vehicles per Year Agreement appoints Newgate as marketing, sales, distribution and servicing agent for the Mullen I-GO in Ireland and the UK. Newgate will purchase initial units of the I-GO for vehicle demonstrations, marketing and sales opportunities with potential customers. Expected delivery date for the Mullen I-GO samples is Dec. 20, 2022. BREA, CA, Nov. 09, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, announces today that it has entered into an agreement to appoint Newgate Motor Group, one of Ireland's most recognized dealershi
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Company achieves strongest quarter results to date with $4.4M invoiced and $6M received on vehicles delivered Company has produced more revenue in this quarter than previous two fiscal years On Feb. 1, 2025, Mullen implemented further cost cutting measures with headcount and personnel cost reductions of approximately $13M in annual cash spend BREA, Calif., Feb. 19, 2025 (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 months ended Dec. 31, 2024, and a current business update. Commenting on the results for the three months that ended Dec. 31,
BREA, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announced today that it will effect a 1-for-60 reverse stock split ("Reverse Stock Split") of its common stock, par value $0.001 per share ("Common Stock"), that will become effective on Feb. 18, 2025, at 12:01 a.m. Eastern Time. The Common Stock will continue to trade on The Nasdaq Capital Market ("Nasdaq") under the existing symbol MULN and will begin trading on a split-adjusted basis when the market opens on Feb. 18, 2025. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 62526P604. The Re
Upon installation of new assets which were recently delivered on Jan. 27, 2025, the Company's Fullerton facility will have the following battery production lines and testing capabilities: • Two high-volume standard battery chemistry lines.• High-precision, low-volume standard battery chemistry R&D line.• High-precision, low-volume solid-state polymer R&D line.• Full battery testing laboratory for current and future battery projects. Company plans to begin start of production second half of 2025 BREA, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces toda
Two leading California universities in Los Angeles and the San Francisco Bay Area have placed additional orders for Mullen's commercial electric vehicles Additional orders include five Mullen ONE, Class 1 EV cargo vans BREA, Calif., Jan. 28, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, today announces the additional sale of five Mullen ONE, Class 1 EV cargo vans to two leading California Universities in Los Angeles and the San Francisco Bay Area. The vehicle order will be fulfilled by Mullen's nationally known EV dealer partners, the Papé Group and Randy Marion Automotive Group. Mullen's a
Company finishes the 2024 fiscal year with growth of national dealer network, increased sales and delivery of vehicles Fiscal year 2024 reduction of $85.4M in cash spend compared to fiscal year 2023 Successful launch of Bollinger Motors B4 production and sales Company now has three EV production lines in the U.S. with national sales and service networks supporting Mullen Class 1 and 3 and Bollinger Class 4 commercial vehicles Company announces further increase in operational efficiencies driving $13M annual reduction in cash spend effective Feb. 1, 2025 BREA, Calif., Jan. 24, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an elec
BREA, Calif., Jan. 22, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an emerging electric vehicle manufacturer, today announces that it received an expected notice (the "Notice") from the Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company has not yet filed its Annual Report on Form 10-K for the fiscal year ended Sept. 30, 2024 (the "Form 10-K"), the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule"), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the "SEC").
BREA, Calif., Dec. 31, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, today announces the sale of the Mullen ONE All-Electric Cargo Van to Mr. Appliance® of Owings Mills, Maryland, marking the company's first venture into the home service vertical. This milestone sets the stage for Mullen's expansion into this vital sector, with the Mullen ONE offering home service businesses a cost-effective, efficient solution for transportation. Mr. Appliance Owings Mills, Maryland, is a franchisee of Mr. Appliance and is a national home service brand of Neighborly, offering home repair services acr
Westland's Class 3 service body upfits completed by Phenix Truck Bodies & Van Equipment. Vehicle order fulfilled by Pritchard and includes California HVIP incentives approval on vehicles purchased. BREA, Calif., Dec. 26, 2024 (GLOBE NEWSWIRE) -- via InvestorWire – Mullen Automotive Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer announces a Class 3 EV truck purchase order from Westland Floral ("Westland"). The order includes two Mullen THREE, Class 3 EV trucks with vehicle upfits performed by Phenix Truck Bodies & Van Equipment ("Phenix") in Pomona, California. The vehicle order was fulfilled by Pritchard and includes California HVIP incentives a
On Dec. 17, 2024, Mullen Automotive submitted a modified plan to the DOE that incorporates its facilities in Mishawaka, Indiana, and Fullerton, California, for U.S.-based battery and pack production. Mullen is in position to transition to manufacturing and assembly of high-voltage and low-voltage battery systems in the United States. Mullen has made substantial investments and strategic decisions that underscore the Company's commitment to advancing U.S. manufacturing. Mullen has invested $12 million to date to further battery and pack development and manufacturing, and will invest an additional $43 million in support of U.S. production. In total, Mullen is seeking $55 million in matc
Company has reduced monthly burn from $16.8M in August 2024 to $11.8M in September 2024 and to $5.3M in October and November 2024 Since Sept. 30, 2024, Mullen has sold and delivered 57 Class 3 and 43 Class 1 EV cargo vans and trucks for a total of 100 vehicles and $ 5.5 million; these numbers exclude sales and expenses by Bollinger Motors Orders continue to build as Mullen moves forward efforts with government agencies, universities and large fleets to expand adoption of EV vehicles across America and abroad BREA, Calif., Dec. 18, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces toda
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Company achieves strongest quarter results to date with $4.4M invoiced and $6M received on vehicles delivered Company has produced more revenue in this quarter than previous two fiscal years On Feb. 1, 2025, Mullen implemented further cost cutting measures with headcount and personnel cost reductions of approximately $13M in annual cash spend BREA, Calif., Feb. 19, 2025 (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 months ended Dec. 31, 2024, and a current business update. Commenting on the results for the three months that ended Dec. 31,
Company finishes the 2024 fiscal year with growth of national dealer network, increased sales and delivery of vehicles Fiscal year 2024 reduction of $85.4M in cash spend compared to fiscal year 2023 Successful launch of Bollinger Motors B4 production and sales Company now has three EV production lines in the U.S. with national sales and service networks supporting Mullen Class 1 and 3 and Bollinger Class 4 commercial vehicles Company announces further increase in operational efficiencies driving $13M annual reduction in cash spend effective Feb. 1, 2025 BREA, Calif., Jan. 24, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an elec
BREA, Calif., Dec. 31, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, today announces the sale of the Mullen ONE All-Electric Cargo Van to Mr. Appliance® of Owings Mills, Maryland, marking the company's first venture into the home service vertical. This milestone sets the stage for Mullen's expansion into this vital sector, with the Mullen ONE offering home service businesses a cost-effective, efficient solution for transportation. Mr. Appliance Owings Mills, Maryland, is a franchisee of Mr. Appliance and is a national home service brand of Neighborly, offering home repair services acr
Positive stockholders' equity of $53 Million as of June 30, 2024 Total assets of $192 Million as of June 30, 2024 BREA, Calif., Aug. 12, 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 nine months ended June 30, 2024, and a business update. Commenting on the results for the three and nine months that ended June 30, 2024, and recent Company developments, CEO and chairman David Michery stated: "We narrowed our loss in the quarter and year-to-date. We are positioning our fiscal Q4 for strong year-over-year growth. I am thankful to our team and
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 ended March 31, 2024, and recent Company developments, CEO and chairman David Michery stated, "Our Company continues to grow despite difficult market conditions and I am thankfu
The Rights Agreement is not a financing transaction and no additional shares of Common Stock or Preferred Stock or warrants or convertible notes are currently being issued in connection with the Rights Agreement BREA, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, today announces that its Board of Directors (the "Board") has unanimously adopted a limited duration stockholder rights plan (the "Rights Plan"). The Rights Plan is intended to promote the fair and equal treatment of all stockholders and is similar to rights plans adopted by other publicly held companies. Th
Mullen Automotive Inc. (NASDAQ:MULN), is updating its press release with certain corrections as described further below. There are no changes to the financial results for the three months ended Dec. 31, 2023. The prior press release as corrected is set forth in its entirety below. Company reports financial results and current business update Stockholders' equity $271,814,097.00 as of December 31, 2023 BREA, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ:MULN), an emerging electric vehicle ("EV") manufacturer, today announces financial results for the three months ended Dec. 31, 2023, and a business update. Commenting
Company reports financial results and current business update Stockholders' equity $271,814,097.00 as of December 31, 2023 BREA, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ:MULN), an emerging electric vehicle ("EV") manufacturer, today announces financial results for the three months ended Dec. 31, 2023, and a business update. Commenting on the results for the three months ended Dec. 31, 2023, and recent Company developments, CEO and chairman David Michery stated, "We are coming off our strongest quarter to date for vehicle production and deliveries. For the three months ended Dec. 31, 2023, the Company delivered 231 vehicles. For the 12 months en
BREA, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- via IBN - Mullen Automotive Inc. (NASDAQ:MULN), an emerging electric vehicle ("EV") manufacturer, today announces financial results for the twelve months ended Sept. 30, 2023, and a current business update. Commenting on fiscal year 2023 ("FY2023") and recent Company developments, CEO and chairman David Michery stated, "Mullen has initiated production in Tunica and rolled out a significant number of vehicles in support of customer orders of Class 1 EV vans and Class 3 EV trucks and hurdled critical milestones of securing federal (‘NHTSA' and ‘EPA') certification and IRS approval for tax credits. We completed a strategic purchase of EV batt
BREA, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, today announces the purchase of battery pack production assets from Romeo Power for approximately $3.5 million. The deal includes equipment, inventory and intellectual property for high volume EV (electric vehicle) battery pack and module production. The Romeo Power assets include production lines for EV pack assembly and precision R&D module and pack development with associated inventory allowing for production of modules and vehicle battery packs. Additionally the purchased assets include battery testing and valid