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Mullen Adds One of the Largest US Commercial Dealers, Pritchard EV, to Dealer Network

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Mullen Automotive, Inc. (NASDAQ: MULN) has expanded its U.S. dealer network by partnering with Pritchard EV, a leading commercial dealer. Pritchard EV will offer Mullen's commercial EV lineup, including the Mullen ONE and Mullen THREE, to customers in the United States. This partnership aims to enhance accessibility to electric vehicles and service infrastructure for fleet customers, providing sustainable mobility solutions and addressing key logistics challenges.

Mullen Automotive, Inc. (NASDAQ: MULN) ha ampliato la sua rete di concessionari negli Stati Uniti attraverso una partnership con Pritchard EV, un concessionario commerciale di primo piano. Pritchard EV offrirà la gamma di veicoli elettrici commerciali di Mullen, inclusi Mullen ONE e Mullen THREE, ai clienti negli Stati Uniti. Questa collaborazione mira a migliorare l'accessibilità ai veicoli elettrici e alle infrastrutture di servizio per i clienti delle flotte, fornendo soluzioni di mobilità sostenibile e affrontando le principali sfide logistiche.
Mullen Automotive, Inc. (NASDAQ: MULN) ha expandido su red de concesionarios en los EE. UU. al asociarse con Pritchard EV, un concesionario comercial líder. Pritchard EV ofrecerá la línea de vehículos comerciales eléctricos de Mullen, incluidos el Mullen ONE y el Mullen THREE, a los clientes en Estados Unidos. Esta asociación tiene como objetivo mejorar la accesibilidad a los vehículos eléctricos y a la infraestructura de servicio para los clientes de flotas, proporcionando soluciones de movilidad sostenible y abordando los principales desafíos logísticos.
물렌 오토모티브 인크 (NASDAQ: MULN)는 선도적인 상용 차량 딜러인 프리차드 EV와 파트너십을 맺고 미국 내 딜러 네트워크를 확장했습니다. 프리차드 EV는 미국 고객에게 물렌의 상용 전기차 라인업인 물렌 원(Mullen ONE)과 물렌 쓰리(Mullen THREE)를 제공할 예정입니다. 이 파트너십은 플릿 고객을 위한 전기 차량 및 서비스 인프라 접근성을 향상시키고 지속 가능한 이동성 솔루션을 제공하며 주요 물류 도전과제를 해결하는 것을 목표로 하고 있습니다.
Mullen Automotive, Inc. (NASDAQ: MULN) a étendu son réseau de concessionnaires aux États-Unis en s'associant avec Pritchard EV, un concessionnaire commercial de premier plan. Pritchard EV proposera la gamme de véhicules électriques commerciaux de Mullen, incluant le Mullen ONE et le Mullen THREE, aux clients aux États-Unis. Ce partenariat vise à améliorer l'accessibilité aux véhicules électriques et à l'infrastructure de service pour les clients de flottes, offrant des solutions de mobilité durable et abordant les défis logistiques clés.
Mullen Automotive, Inc. (NASDAQ: MULN) hat sein Händlernetzwerk in den USA durch eine Partnerschaft mit Pritchard EV, einem führenden kommerziellen Händler, erweitert. Pritchard EV wird Mullen's kommerzielle EV-Produktlinie, einschließlich des Mullen ONE und Mullen THREE, Kunden in den Vereinigten Staaten anbieten. Die Partnerschaft zielt darauf ab, die Zugänglichkeit zu Elektrofahrzeugen und Serviceinfrastruktur für Flottenkunden zu verbessern, nachhaltige Mobilitätslösungen zu bieten und wichtige logistische Herausforderungen zu adressieren.
Positive
  • Mullen Automotive, Inc. has partnered with Pritchard EV, one of the largest commercial dealers in the U.S., expanding the dealer network for its commercial EV lineup.

  • Pritchard EV's commitment to electric vehicle adoption and sustainable mobility solutions aligns with Mullen's vision for expanding accessibility to electric vehicles.

  • Mullen's commercial EV lineup, which includes the Mullen ONE and Mullen THREE, is designed to meet the demands of urban last-mile delivery, providing customers with efficient and compliant electric vehicle options.

Negative
  • None.

Pritchard EV is a nationally known leader in fleet sales and a pioneer in commercial EV sales

Mullen EV fleet vehicles now available for immediate order and delivery through Pritchard EV, an authorized HVIP Dealer

BREA, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the expansion of its U.S. dealer network with the signing of one of the nation’s largest commercial dealers, Pritchard EV, as a new franchise partner for Mullen’s commercial EV lineup, covering regional and national fleet opportunities.

“Pritchard EV is a national leader in the adoption of electric vehicles with commercial fleets,” said David Michery, chairman and CEO of Mullen Automotive. “Pritchard understands fleets and is at the forefront of electrification and infrastructure, and its commitment to work with customers both domestically and globally to build best practices is what the industry needs.”

Effective immediately, Pritchard EV will offer Mullen’s Commercial EV lineup, including the Mullen ONE and Mullen THREE, to customers in the United States.

“We have full confidence in Pritchard EV and believe this partnership underscores the expansion of Mullen's dealer network, enriching accessibility to electric vehicles and service infrastructure,” said David.

Pritchard EV is committed to providing fleets with access to sustainable mobility solutions and developing new modes of distribution that meet fleets where they are. With a network of partners as well as in-house resources, Pritchard EV is uniquely positioned to help fleets address major pain points like logistics, financing and vehicle registration.

“At Pritchard EV, we look to partner with the best manufacturers in the market,” said Pritchard Companies Chief Operating Officer Angela Pritchard Spiteri. “Mullen has the reputation of quality that we look for in an OEM partner. Their lineup is a perfect fit for our fleet customers across the country, and we’re excited to introduce them.”

Mullen’s commercial EV lineup includes the Mullen ONE, Class 1 EV cargo van and Mullen THREE, Class 3 EV cab chassis truck. The all-electric Mullen ONE Class 1 EV cargo van and Mullen THREE Class 3 low cab forward EV truck are both purpose-built to meet the demands of urban last-mile delivery. Both vehicles are available for sale and in full compliance with U.S. Federal Motor Vehicle Safety Standards, EPA and CARB certifications.

Mullen has begun training initiatives with the Pritchard team on ordering, upfitting and servicing Mullen’s commercial EVs. For quotes and purchasing questions, email sales@pritchardev.com. View Pritchard’s inventory of Mullen commercial vehicles at www.pritchardev.com.

About Pritchard EV
Pritchard EV is a subsidiary of Pritchard Companies, a family-owned national automotive enterprise and provider of Tier 1 fleets, supplying everything from chassis to upfitting, and registration to logistics. For more product and services information, visit www.pritchardev.com.

About Mullen
Mullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with two United States-based vehicle plants located in Tunica, Mississippi, (120,000 square feet) and Mishawaka, Indiana (650,000 square feet). In August 2023, Mullen began commercial vehicle production in Tunica. In September 2023, Mullen received IRS approval for federal EV tax credits on its commercial vehicles with a Qualified Manufacturer designation that offers eligible customers up to $7,500 per vehicle. As of January 2024, both the Mullen ONE, a Class 1 EV cargo van, and Mullen THREE, a Class 3 EV cab chassis truck, are California Air Resource Board (“CARB”) and EPA certified and available for sale in the U.S.

To learn more about the Company, visit www.MullenUSA.com.

Forward-Looking Statements
Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as "continue," "will," "may," "could," "should," "expect," "expected," "plans," "intend," "anticipate," "believe," "estimate," "predict," "potential" and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Mullen and are difficult to predict. Examples of such risks and uncertainties include but are not limited to whether the Company’s relationship with Pritchard EV will prove successful or result in vehicle sales. Additional examples of such risks and uncertainties include but are not limited to: (i) Mullen’s ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Mullen's ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Mullen’s ability to successfully expand in existing markets and enter new markets; (iv) Mullen’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Mullen’s business; (viii) changes in government licensing and regulation that may adversely affect Mullen’s business; (ix) the risk that changes in consumer behavior could adversely affect Mullen’s business; (x) Mullen’s ability to protect its intellectual property; and (xi) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Mullen with the Securities and Exchange Commission. Mullen anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Mullen assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Mullen’s plans and expectations as of any subsequent date.

Contact:
Mullen Automotive, Inc.
+1 (714) 613-1900
www.MullenUSA.com

Pritchard EV
641.450.3311
www.pritchardev.com

Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com

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FAQ

<p>What is the latest announcement from Mullen Automotive, Inc.?</p>

Mullen Automotive, Inc. has announced the expansion of its U.S. dealer network by partnering with Pritchard EV, a leading commercial dealer.

<p>Which commercial EV models are included in Mullen's lineup?</p>

Mullen's commercial EV lineup includes the Mullen ONE, Class 1 EV cargo van, and Mullen THREE, Class 3 EV cab chassis truck.

<p>Where can customers find quotes and purchasing information for Mullen's commercial EVs?</p>

Customers can email sales@pritchardev.com for quotes and purchasing questions, or visit www.pritchardev.com to view Pritchard's inventory of Mullen commercial vehicles.

Mullen Automotive, Inc.

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