Mullen Announces Follow-On Electric Vehicle Orders from Leading California Universities
Mullen Automotive (NASDAQ: MULN) has secured additional orders for five Mullen ONE Class 1 EV cargo vans from two leading California universities located in Los Angeles and the San Francisco Bay Area. The orders will be fulfilled through Mullen's dealer partners, the Papé Group and Randy Marion Automotive Group.
The Mullen ONE, designed for campus-related tasks including deliveries and maintenance, features a compact size with ample cargo space. These orders represent repeat business from institutions already using Mullen's EVs on their campuses, demonstrating customer satisfaction with the product line.
Mullen's commercial vehicle lineup includes both the Mullen ONE and the Mullen THREE Class 3 EV cab chassis truck. Both vehicles comply with U.S. Federal Motor Vehicle Safety Standards, EPA requirements, and CARB certifications.
Mullen Automotive (NASDAQ: MULN) ha ottenuto ulteriori ordini per cinque Mullen ONE Class 1 EV cargo vans da due importanti università californiane situate a Los Angeles e nell'area della Baia di San Francisco. Gli ordini saranno evasi tramite i partner concessionari di Mullen, il Papé Group e il Randy Marion Automotive Group.
Il Mullen ONE, progettato per attività legate al campus, comprese le consegne e la manutenzione, presenta un design compatto con ampio spazio di carico. Questi ordini rappresentano affari ripetuti da istituzioni che già utilizzano i veicoli elettrici di Mullen nei loro campus, dimostrando la soddisfazione dei clienti con la gamma di prodotti.
La gamma di veicoli commerciali di Mullen include sia il Mullen ONE sia il Mullen THREE camion cab chassis Class 3 EV. Entrambi i veicoli sono conformi agli standard di sicurezza dei veicoli a motore federali degli Stati Uniti, ai requisiti EPA e alle certificazioni CARB.
Mullen Automotive (NASDAQ: MULN) ha asegurado pedidos adicionales para cinco Mullen ONE Class 1 EV cargo vans de dos importantes universidades de California ubicadas en Los Ángeles y en el área de la Bahía de San Francisco. Los pedidos se cumplirán a través de los socios concesionarios de Mullen, el Papé Group y el Randy Marion Automotive Group.
El Mullen ONE, diseñado para tareas relacionadas con el campus, incluidas entregas y mantenimiento, presenta un tamaño compacto con amplio espacio de carga. Estos pedidos representan negocios repetidos de instituciones que ya utilizan los vehículos eléctricos de Mullen en sus campus, demostrando la satisfacción del cliente con la línea de productos.
La línea de vehículos comerciales de Mullen incluye tanto el Mullen ONE como el Mullen THREE camión cab chassis Class 3 EV. Ambos vehículos cumplen con los estándares de seguridad de vehículos motorizados de EE. UU., los requisitos de la EPA y las certificaciones CARB.
멀렌 오토모티브 (NASDAQ: MULN)는 로스앤젤레스와 샌프란시스코 베이 지역에 위치한 두 개의 주요 캘리포니아 대학교로부터 다섯 대의 멀렌 ONE 클래스 1 전기 화물 밴에 대한 추가 주문을 확보했습니다. 이 주문은 멀렌의 딜러 파트너인 파페 그룹과 랜디 마리온 오토모티브 그룹을 통해 이행됩니다.
멀렌 ONE은 캠퍼스 관련 업무, 즉 배송 및 유지 관리 작업을 위해 설계된 차량으로, 컴팩트한 크기와 넉넉한 화물 공간을 제공합니다. 이러한 주문은 이미 멀렌의 전기차를 사용하고 있는 기관들로부터의 재주문으로, 제품에 대한 고객 만족도를 입증하고 있습니다.
멀렌의 상업용 차량 라인업에는 멀렌 ONE과 멀렌 THREE 클래스 3 전기 캡 섀시 트럭이 포함됩니다. 두 차량 모두 미국 연방 자동차 안전 기준, EPA 요구 사항 및 CARB 인증을 준수합니다.
Mullen Automotive (NASDAQ: MULN) a obtenu des commandes supplémentaires pour cinq Mullen ONE Class 1 EV camionnettes cargo de deux grandes universités californiennes situées à Los Angeles et dans la région de la baie de San Francisco. Les commandes seront exécutées par le biais des partenaires distributeurs de Mullen, le Papé Group et le Randy Marion Automotive Group.
Le Mullen ONE, conçu pour des tâches liées au campus, y compris les livraisons et la maintenance, possède une taille compacte avec un espace de chargement suffisant. Ces commandes représentent des affaires répétées d'institutions utilisant déjà les véhicules électriques de Mullen sur leurs campus, ce qui démontre la satisfaction des clients vis-à-vis de la gamme de produits.
La gamme de véhicules commerciaux de Mullen comprend à la fois le Mullen ONE et le Mullen THREE camion à châssis cabine de classe 3 EV. Les deux véhicules respectent les normes de sécurité des véhicules motorisés aux États-Unis, les exigences de l'EPA et les certifications CARB.
Mullen Automotive (NASDAQ: MULN) hat zusätzliche Bestellungen für fünf Mullen ONE Class 1 EV-Cargo-Vans von zwei führenden kalifornischen Universitäten in Los Angeles und im San Francisco Bay Area gesichert. Die Bestellungen werden über Mullen's Handelspartner, die Papé Group und die Randy Marion Automotive Group, erfüllt.
Der Mullen ONE, der für campusbezogene Aufgaben wie Lieferungen und Wartung konzipiert wurde, zeichnet sich durch seine kompakte Größe und ausreichend Laderaum aus. Diese Bestellungen stellen eine Wiederbeauftragung von Institutionen dar, die bereits Mullen's EVs auf ihren Campus verwenden, und zeigen die Kundenzufriedenheit mit der Produktreihe.
Die Produktpalette von Mullen umfasst sowohl den Mullen ONE als auch den Mullen THREE Klasse 3 EV-Cab-Chassis-Truck. Beide Fahrzeuge entsprechen den Sicherheitsstandards für motorisierte Fahrzeuge der US-Bundesregierung, den EPA-Anforderungen sowie den CARB-Zertifizierungen.
- Secured repeat orders from existing university customers
- Product line meets federal safety and environmental standards
- Established distribution network through major automotive dealers
- Small order size of only 5 vehicles
- geographical market penetration focused on California
Insights
The follow-on orders from two prestigious California universities mark a strategic milestone for Mullen, albeit modest in scale. These repeat purchases carry several important implications for investors:
Market Validation Indicators:
- The quick succession of repeat orders suggests strong product-market fit and customer satisfaction - critical metrics for an emerging EV manufacturer
- Educational institutions typically have rigorous procurement processes and sustainability requirements, making them valuable reference customers
- The geographic distribution between Los Angeles and San Francisco Bay Area provides visibility in two major California markets
Strategic Market Position:
- The Class 1 van segment targets a specific niche in campus operations, where maneuverability and zero emissions are paramount
- Leveraging established dealers (Papé Group and Randy Marion) provides credible distribution channels and after-sales support
- Full compliance with FMVSS, EPA and CARB standards removes regulatory barriers to adoption
While the immediate revenue impact is given the order size, these deals carry outsized importance for brand building and market validation. The education sector could serve as a proving ground for broader commercial adoption, particularly as universities often influence procurement decisions of other institutional buyers.
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 advanced commercial EVs, coupled with their focus on efficiency, cost savings and performance, align perfectly with the goals of forward-thinking institutions committed to reducing their carbon emissions. With its compact size and ample cargo space, the Mullen ONE is perfectly suited for a variety of campus-related tasks, from deliveries to maintenance. Mullen Commercial EVs can now be found on multiple college campuses across the United States.
“The recent influx of orders from prestigious universities across the U.S. is a testament to the value Mullen Commercial EVs bring to fleets looking to electrify,” said David Michery, CEO and chairman of Mullen Automotive. “Moreover, to have repeat orders coming in so quickly after initial deliveries speaks to the value and performance of our product line.”
Mullen’s commercial EV lineup includes the Mullen ONE, Class 1 EV cargo van, and the Mullen THREE, Class 3 EV cab chassis truck, purpose-built to meet the demands of urban last-mile applications. Both vehicles are available for sale and in full compliance with U.S. Federal Motor Vehicle Safety Standards, the Environmental Protection Agency, and the California Air Resources Board (“CARB”) certifications denoting strict adherence to clean air emissions standards.
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. 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. The Company has also recently expanded its commercial dealer network to seven dealers, which includes Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, Eco Auto, and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, New England, and Mid-Atlantic markets.
On Sept. 7, 2022, Bollinger Motors, of Oak Park, Michigan, became a majority-owned EV truck company of Mullen Automotive. Bollinger Motors has passed numerous milestones in the past several months including its production launch on Sept. 16, 2024, CARB certification, FMVSS compliance, receiving the Certificate of Conformity from the Environmental Protection Agency, providing full warranty coverage of the B4 chassis cab, and the development of a world-class dealer and service network with over 50 locations across the United States.
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 timing of delivery of the university orders, whether any additional vehicles will be ordered by California universities or other schools and how long local and federal governmental incentives for electric vehicles will be available. 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
Corporate Communications
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com
Attachment
FAQ
How many Mullen ONE EVs were ordered by California universities in January 2025?
Which dealers are fulfilling MULN's university orders?
What vehicle models are in Mullen's current commercial EV lineup?
What certifications do MULN's commercial vehicles have?
