Mullen Announces Significant US-Sourced Components Provides Company with Competitive Edge Under New Tariff Rules
Mullen Automotive (NASDAQ: MULN) announces that its current Mullen and Bollinger commercial vehicle inventory is 100% assembled in the USA and exempt from recently announced vehicle and component tariffs. The company reports that Mullen sources 67% of vehicle components from U.S. suppliers, while Bollinger sources 71%.
The commercial EV lineup includes the Mullen ONE (Class 1 EV cargo van) and Mullen THREE (Class 3 EV cab chassis truck) for last-mile delivery. Both vehicles comply with U.S. Federal Motor Vehicle Safety Standards, EPA, and CARB certifications. Bollinger's lineup features the B4 chassis cab, a Class 4 commercial truck with a 158-kWh battery pack, which began customer deliveries in October 2024.
Mullen Automotive (NASDAQ: MULN) annuncia che il suo attuale inventario di veicoli commerciali Mullen e Bollinger è 100% assemblato negli USA ed esente dai recenti dazi sui veicoli e componenti. L'azienda riporta che Mullen ottiene il 67% dei componenti dei veicoli da fornitori statunitensi, mentre Bollinger ottiene il 71%.
La gamma di veicoli commerciali elettrici include il Mullen ONE (furgone elettrico di Classe 1) e il Mullen THREE (camion elettrico cab chassis di Classe 3) per le consegne dell'ultimo miglio. Entrambi i veicoli rispettano gli standard di sicurezza dei veicoli a motore federali degli Stati Uniti, le normative EPA e le certificazioni CARB. La gamma di Bollinger presenta il B4 chassis cab, un camion commerciale di Classe 4 con una batteria da 158 kWh, che ha iniziato le consegne ai clienti nell'ottobre 2024.
Mullen Automotive (NASDAQ: MULN) anuncia que su actual inventario de vehículos comerciales Mullen y Bollinger está 100% ensamblado en EE. UU. y exento de los recientes aranceles sobre vehículos y componentes. La compañía informa que Mullen obtiene el 67% de los componentes de vehículos de proveedores estadounidenses, mientras que Bollinger obtiene el 71%.
La línea de vehículos comerciales eléctricos incluye el Mullen ONE (furgón eléctrico de Clase 1) y el Mullen THREE (camión eléctrico cab chassis de Clase 3) para la entrega de última milla. Ambos vehículos cumplen con los estándares de seguridad de vehículos a motor de EE. UU., las regulaciones de la EPA y las certificaciones de CARB. La línea de Bollinger incluye el B4 chassis cab, un camión comercial de Clase 4 con un paquete de batería de 158 kWh, que comenzó las entregas a clientes en octubre de 2024.
멀렌 오토모티브 (NASDAQ: MULN)는 현재의 멀렌 및 볼린저 상용차 재고가 100% 미국에서 조립되었으며 최근 발표된 차량 및 부품 세금에서 면제되었다고 발표했습니다. 회사는 멀렌이 차량 부품의 67%를 미국 공급업체로부터 조달하고 있으며, 볼린저는 71%를 조달하고 있다고 보고했습니다.
상용 전기차 라인업에는 마지막 마일 배송을 위한 Mullen ONE (클래스 1 전기 화물 밴)과 Mullen THREE (클래스 3 전기 캡 섀시 트럭)이 포함됩니다. 두 차량 모두 미국 연방 자동차 안전 기준, EPA 및 CARB 인증을 준수합니다. 볼린저의 라인업에는 158kWh 배터리 팩을 장착한 클래스 4 상용 트럭 B4 chassis cab가 포함되어 있으며, 2024년 10월에 고객에게 배송을 시작했습니다.
Mullen Automotive (NASDAQ: MULN) annonce que son inventaire actuel de véhicules commerciaux Mullen et Bollinger est 100 % assemblé aux États-Unis et exempt des récents droits de douane sur les véhicules et composants. L'entreprise rapporte que Mullen obtient 67 % des composants de véhicules auprès de fournisseurs américains, tandis que Bollinger en obtient 71 %.
La gamme de véhicules utilitaires électriques comprend le Mullen ONE (fourgon électrique de Classe 1) et le Mullen THREE (camion électrique cab chassis de Classe 3) pour la livraison du dernier kilomètre. Les deux véhicules respectent les normes de sécurité des véhicules à moteur fédéraux américains, les réglementations de l'EPA et les certifications CARB. La gamme de Bollinger comprend le B4 chassis cab, un camion commercial de Classe 4 avec un pack de batterie de 158 kWh, qui a commencé les livraisons aux clients en octobre 2024.
Mullen Automotive (NASDAQ: MULN) gibt bekannt, dass der aktuelle Bestand an Mullen- und Bollinger-Nutzfahrzeugen zu 100 % in den USA montiert ist und von den kürzlich angekündigten Zöllen auf Fahrzeuge und Komponenten befreit ist. Das Unternehmen berichtet, dass Mullen 67% der Fahrzeugkomponenten von US-Lieferanten bezieht, während Bollinger 71% bezieht.
Die kommerzielle EV-Palette umfasst den Mullen ONE (Nutzfahrzeug der Klasse 1) und den Mullen THREE (Nutzfahrzeug der Klasse 3) für die letzte Meile. Beide Fahrzeuge entsprechen den Sicherheitsstandards für Kraftfahrzeuge der US-Bundesregierung, den EPA-Vorschriften und den CARB-Zertifizierungen. Die Palette von Bollinger umfasst das B4 chassis cab, einen Nutzfahrzeug der Klasse 4 mit einem 158-kWh-Batteriepack, das im Oktober 2024 an Kunden ausgeliefert wurde.
- 100% USA assembly exempts vehicles from new tariffs
- High percentage of U.S.-sourced components (67-71%) helps maintain stable pricing
- Full compliance with federal safety standards, EPA, and CARB certifications
- Active deliveries of Bollinger B4 vehicles to customers
- Still relies on 29-33% of non-U.S. components, potentially affecting supply chain resilience
Mullen and Bollinger source
BREA, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that current Mullen and Bollinger commercial vehicle inventory are
“Our goal is to U.S.-source as much as we can for our commercial vehicles, ensuring a path to stable pricing while also offering a cost-effective solution for businesses looking to electrify their fleets,” said David Michery, CEO and chairman of Mullen Automotive.
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 delivery. 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.
Bollinger’s commercial vehicle lineup includes the B4 chassis cab, an all-electric Class 4 commercial truck designed from the ground up with extensive fleet and upfitter input. Bollinger's unique chassis design protects the 158-kWh battery pack and components to offer unparalleled capability and safety in the commercial market. The company began delivering Bollinger B4 vehicles to customers in October 2024.
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’s commercial dealer network consists of 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.
In September 2022, Bollinger Motors, of Oak Park, Michigan, became a majority-owned EV truck company of Mullen Automotive. Bollinger Motors has passed numerous milestones including its B4, Class 4 electric truck production launch on Sept. 16, 2024, 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, whether the recently imposed tariffs will have a positive impact on Mullen and Bollinger vehicle sales or provide benefit to the Company. 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
Corporate Communications:
IBN
Austin, TX
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com
FAQ
What percentage of components does Mullen source from U.S. suppliers for their EVs?
Are Mullen's commercial vehicles affected by the new tariffs?
What commercial EV models does MULN currently offer?
When did Bollinger begin delivering their B4 commercial vehicles?
