Mullen Automotive Featured by WardsAuto™; Company’s Hybrid Retail Model, EVs, Manufacturing and Battery Tech Highlighted
Mullen Automotive has recently garnered attention from WardsAuto™ in a feature highlighting its innovative hybrid retail model and the Mullen FIVE EV crossover. During interviews, Mullen executives shared insights about manufacturing plans, battery technology, and strategic partnerships with firms such as hofer powertrain and Comau. These collaborations aim to expedite the market launch of the FIVE, which was awarded 'Top Zero Emission SUV' at the 2021 LA Auto Show. CEO David Michery expressed gratitude for WardsAuto's coverage of Mullen's advancements.
- Mullen's partnership with multiple companies (hofer powertrain, Comau, etc.) to accelerate EV production.
- The Mullen FIVE EV was recognized as 'Top Zero Emission SUV' at the LA Auto Show.
- Uncertainties regarding the successful launch of the FIVE within anticipated timelines.
- Risks related to securing sufficient financing and maintaining business contracts.
Christie Schweinsberg from industry-leading publication WardsAuto™ recently visited Mullen Automotive and interviewed top Mullen executives, who discussed the Company’s innovative hybrid retail model, the Mullen FIVE EV crossover, manufacturing plans, battery technology and more
BREA, Calif., Feb. 24, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces a recently published feature by WardsAutoTM that highlights Mullen’s vision for the future and interviews with the Company’s senior leadership. Wards, an industry-leading, automotive-centric publication and global leader in automotive intelligence, has been offering insights and intelligence on the global automotive industry for nearly a century.
“I am delighted and thankful that industry leaders like Wards are starting to take an interest in covering the great EV effort we’re accomplishing here at Mullen,” said David Michery, CEO and chairman of Mullen Automotive. “We had a great conversation with Christie, talking about the big plans we have for the FIVE EV crossover as well as our innovative hybrid retail model with our Mullen Lounge Points, direct and franchise sales and service model.”
The WardsAutoTM article featured interviews with Mullen CEO and Chairman David Michery, Vice President-Mechanical Systems Marian Patriclan and Vice President-Marketing Jason Putnam. The full WardsAutoTM article is available to read here.
Mullen has recently announced a string of key partnerships with hofer powertrain, Comau, ARRK, Dürr, and DSA Systems for EV powertrain, engineering, manufacturing, vehicle production systems, and Over the Air (OTA) and vehicle system diagnostics, respectively. The Company expects these strategic developments to play a crucial role in bringing the FIVE to market with the latest technology and in the shortest amount of time. Mullen FIVE was also named "Top Zero Emission SUV" as part of the ZEVA® Awards at the Los Angeles International Auto Show in November 2021, where the vehicle made its debut.
The FIVE is built on an EV crossover skateboard platform that offers multiple powertrain configurations and trim levels in a svelte design that is “Strikingly DifferentTM” and exciting to experience in person. Learn more about the Mullen FIVE at MullenUSA.com.
About Mullen
Mullen is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the Company is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership.
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 will achieve its objectives of launching its EV crossover, the FIVE, within anticipated timelines and, if so, whether the FIVE will be a success; and whether the Company’s partnerships with ARRK, Dürr and DSA Systems and Over the Air (OTA) will result in expediting the rollout of the FIVE. 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; (xi) and 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
Wire Service Contact:
InvestorWire (IW)
Los Angeles, California
www.InvestorWire.com
212.418.1217 Office
Editor@InvestorWire.com
Attachment
FAQ
What is Mullen Automotive's latest news regarding their EV models?
What partnerships has Mullen Automotive formed recently?
What recognition did the Mullen FIVE receive?
Who were interviewed by WardsAuto in relation to Mullen Automotive?
What are the risks mentioned regarding Mullen Automotive's future plans?
