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
BREA, Calif., June 25, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today that the Company is accepting cryptocurrency ("crypto"), including Bitcoin and the $TRUMP meme coin, for the purchase of both Mullen and Bollinger commercial electric vehicles. The Company is currently one of the only vehicle manufacturers to accept cryptocurrency as payment form on vehicle purchases. The Company is also investigating acceptance of additional types of crypto, including other popular meme and stable coins. "The increasing acceptance of cryptocurrency as a form of payment expands Mullen's abi
BREA, Calif. / NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, along with GEM Yield Bahamas Limited and GEM Global Yield LLC SCS (together, "GEM") today announces that they have finalized a settlement resolving all outstanding legal disputes between the parties. As part of the settlement, Mullen has transferred full, unencumbered ownership of its manufacturing facility located at 12900 McKinley Highway in Mishawaka, Indiana, to GEM. The transfer satisfies a federal court judgment in GEM's favor. This settlement will resolve all related claims without further litigation and e
Mullen Automotive Acquires Additional Bollinger Motors Shares, Ownership Stake at 95%; Companies Continue Full Commitment to EV Customers, Vehicle Service OAK PARK, Mich., June 5, 2025 /PRNewswire/ -- Bollinger Motors today announced it has emerged from receivership as its parent company Mullen Automotive Inc. (NASDAQ: MULN), an electric vehicle manufacturer, settled claims in a lawsuit filed by Bollinger Motors' founder, Robert Bollinger. In connection with the settlement, Mullen Automotive increased its ownership stake in the company to 95%. The companies announced that Davi
The ComEd Business & Public Sector EV Rebate Program joins the growing list of state-level incentives already available for Mullen Commercial EVs, including California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project and Massachusetts Offers Rebates for Electric Vehicles program The Mullen ONE Class 1 EV cargo van qualifies for an incentive of up to $7,500 through the ComEd program. When combined with the Federal Tax Credit, customers could potentially save up to $15,000 on each vehicle. BREA, Calif., June 05, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today t
The Mullen ultra-high-performance FIVE RS EV Crossover features a top speed of over 200 mph and acceleration from 0-60 mph in under 2 seconds The FIVE RS is equipped with 800-volt architecture, all-wheel drive, two-speed gearbox, and over 1,100 horsepower Initial vehicle market territories include the EU in 2025, followed by the UAE and South Africa in early 2026 Mullen is partnering with Faissner Petermeier Fahrzeugtechnik AG ("FPF"), which has decades of experience in the development and production of serial components and sophisticated vehicles for global brands such as BMW, Piech Automotive, Gumpert Automotive FPF is certified according to the IATF standard and fulfills all the speci
Transaction increases shareholder equity by approximately $3.5M As part of agreement, Mullen extinguishes significant debt, gains additional 21% ownership and regains full control of Bollinger Motors Bollinger to continue operating as a majority owned Mullen subsidiary; Mullen will continue to provide full financial backing on sales, service, and warranty of vehicles Bollinger to ramp up sales activity immediately while consolidating and streamlining operations BREA, Calif., June 02, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today that the Company has successfully acquired
BREA, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an electric vehicle manufacturer, today announces that it will effect a 1-for-100 reverse stock split ("Reverse Stock Split") of its common stock, par value $0.001 per share ("Common Stock"), that will become effective on June 2, 2025, at 12:01 a.m. Eastern Time. The Common Stock will continue to trade on The Nasdaq Capital Market ("Nasdaq") under the existing MULN symbol and will begin trading on a split-adjusted basis when the market opens on June 2, 2025. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 62526P802. The Reverse Sto
Company fiscal Q2 outperforms all previous quarterly revenue results Mullen achieves strong results with $5M revenue for quarter ending March 31, 2025 Company revenue is $7.9M for six months ended March 31, 2025 Company net loss decreased substantially from $132.4M in fiscal Q2 2024 to approximately $47.1M in comparable quarter ending March 31, 2025 Company cash spend reduced significantly from $120.9M to $52.4M for the six months ended March 31, 2025 BREA, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric
On May 9, 2025, Company executed a settlement agreement with GEM Group. Under terms of the settlement agreement, GEM has a 55-day due diligence period, subject to extension by GEM, to evaluate the transfer to GEM of the Mishawaka assets in complete satisfaction of the judgement. All collection activities have been suspended for the duration of the due diligence period. Mullen continues to build its business and expand its existing Tunica, Mississippi, manufacturing capabilities to meet near and long-term demands for its multiple product lines. BREA, Calif. / NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an e
All-electric B4 will be used as both a work truck and delivery truck, supporting various LES Ecology Center environmental initiatives including the longest running compost program in New York City BREA, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces its subsidiary, Bollinger Motors ("Bollinger"), has delivered a Bollinger B4 Class 4 electric vehicle to The Lower East Side ("LES") Ecology Center. The vehicle will be used as both a work truck and delivery truck, supporting various LES Ecology Center environmental initiatives including the longest running compost program
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Mullen Automotive Acquires Additional Bollinger Motors Shares, Ownership Stake at 95%; Companies Continue Full Commitment to EV Customers, Vehicle Service OAK PARK, Mich., June 5, 2025 /PRNewswire/ -- Bollinger Motors today announced it has emerged from receivership as its parent company Mullen Automotive Inc. (NASDAQ: MULN), an electric vehicle manufacturer, settled claims in a lawsuit filed by Bollinger Motors' founder, Robert Bollinger. In connection with the settlement, Mullen Automotive increased its ownership stake in the company to 95%. The companies announced that Davi
Company fiscal Q2 outperforms all previous quarterly revenue results Mullen achieves strong results with $5M revenue for quarter ending March 31, 2025 Company revenue is $7.9M for six months ended March 31, 2025 Company net loss decreased substantially from $132.4M in fiscal Q2 2024 to approximately $47.1M in comparable quarter ending March 31, 2025 Company cash spend reduced significantly from $120.9M to $52.4M for the six months ended March 31, 2025 BREA, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric
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