STOCK TITAN

Mullen Strikingly Different EV Crossover Tour Heads to Texas After Completing a Successful Sold Out Stop in Las Vegas

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Mullen Automotive (NASDAQ: MULN) announced the successful completion of the third stop of its "Strikingly Different" EV Crossover Tour in Las Vegas, attracting a fully booked audience. The tour, which showcases the Mullen FIVE, includes interactive experiences with the vehicle's advanced infotainment system and its unique Personal Vehicle Assistant technology. The positive engagement continues in Texas this week, with future stops planned across the southeastern USA. CEO David Michery emphasizes the importance of customer feedback for enhancing the Mullen FIVE ahead of its anticipated release in 2024.

Positive
  • Successful completion of the Las Vegas tour stop with full bookings.
  • Positive public engagement and feedback gathered from attendees.
  • Showcased advanced infotainment system and PERSONA technology.
  • Plans for upcoming tour stops in Texas and other states to increase visibility.
Negative
  • None.

BREA, CA, Nov. 15, 2022 (GLOBE NEWSWIRE) -- via NewMediaWireMullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that it has successfully completed the third stop of the Mullen FIVE Strikingly Different EV Crossover Tour in Las Vegas, Nevada. Mullen continues onwards to Texas, with stops this week in Dallas and Houston.

The tour's first three stops — Pasadena, California;  Anaheim, California; and Las Vegas, Nevada — were completely booked out and saw an overwhelmingly positive response from participants. Mullen had great interactions in Las Vegas, including a visit from Social Media EV influencer, Joe Fay. Joe is a well-known Tesla EV influencer with over a billion views across TikTok, YouTube, and Facebook.

“I’m completely blown away by the design, craftsmanship, and quality of the FIVE and can’t wait to get this vehicle out in front of my fans,” Fay said.

The Mullen FIVE EV Crossover vehicle on tour is equipped with a completely updated infotainment system featuring PERSONA, Mullen’s proprietary Personal Vehicle Assistant (PVA), which utilizes facial recognition technology to provide every driver with a highly personalized experience. Participants had the opportunity to interact with and witness PERSONA in action.

“This tour not only allows the public to see what Mullen has to offer and what we have been working on but also allows us to hear what the public has to say about the FIVE,” said David Michery, CEO and chairman of Mullen Automotive. “We are gathering customer inputs from everyone on the tour and will be working on integrating the feedback gathered into the Mullen FIVE over the next few months.”

The tour is in Texas this week before it continues onwards to several southeastern states. Please visit MullenUSA.com to learn more about the upcoming Mullen FIVE “Strikingly Different” Tour.

November 2022
Dallas, Texas – Nov. 14 & 15 @ Globe Life Field — To Book Slot
Houston, Texas Nov. 18 & 19 @ Minute Maid Park — To Book Slot

December 2022
Memphis, Tennessee – Nov. 30 & Dec. 1 @ Wolfchase Galleria — To Register
Miami, Florida — Dec. 5 & 6 @ loanDepot park — To Register
Atlanta, Georgia – Dec. 10 & 11 @ Atlanta Motor Speedway — To Register
Charlotte, North Carolina – Dec 15 & 16 @ Charlotte Motor Speedway — To Register

In Spring 2023, Mullen will launch the second leg of the “Strikingly Different” Tour with a focus on the East Coast, Midwest and northwest before finishing up in northern California. The second leg of the tour will feature the Mullen FIVE RS, which is a high-performance EV sport crossover featuring 1,100 horsepower, a top speed of 200 mph, and acceleration from 0-60 mph in just 1.9 seconds.

Mullen is offering “front row” FIVE reservation holders the first chance to experience the Mullen FIVE in person on the “Strikingly Different” U.S. tour now underway. Mullen asks interested individuals who have not already done so to book their FIVE reservations here in order to secure a priority spot on this exciting national tour. Further details and upcoming progress will be shared on Mullen’s social media platforms and with individuals who opt to stay connected here.

About Mullen

Mullen Automotive is a Southern California-based automotive company building the next generation of premium electric vehicles (EVs) that are affordable and built entirely in the United States. With an end-to-end ecosystem that supports owners from test driving to financing and servicing through a unique hybrid dealership model, customers are supported through every aspect of EV ownership. The Mullen FIVE, the Company’s first electric crossover, is slated for delivery in 2024 and features an award-winning design and its patented PERSONA technology that utilizes facial recognition to personalize the driving experience for every individual. 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 contemplated dates, locations and times of the “Strikingly Different” Tour, proposed second leg of the tour featuring the Mullen FIVE RS and any other contemplated Mullen vehicle demonstrator tours will materialize and if so, whether they will prove successful for the Company, and whether the Mullen FIVE RS or other Mullen vehicles will have the speed, range and other features contemplated. 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; (ix) adverse effects of increased competition on Mullen’s business; (vii) changes in government licensing and regulation that may adversely affect Mullen’s business; (viii) the risk that changes in consumer behavior could adversely affect Mullen’s business; (ix) Mullen’s ability to protect its intellectual property; and (x) 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


Attachment


FAQ

What is Mullen Automotive's stock symbol?

Mullen Automotive's stock symbol is MULN.

When is the Mullen FIVE expected to be delivered?

The Mullen FIVE is slated for delivery in 2024.

What technology does the Mullen FIVE feature?

The Mullen FIVE features a proprietary Personal Vehicle Assistant (PVA) using facial recognition technology.

Where is the next stop of the Mullen EV tour?

The next stops of the Mullen EV tour are in Dallas and Houston, Texas on November 14-15 and November 18-19, respectively.

What was the response to the tour stops in California and Las Vegas?

The tour stops in Pasadena, Anaheim, and Las Vegas received overwhelmingly positive responses and were fully booked.

Mullen Automotive, Inc.

NASDAQ:MULN

MULN Rankings

MULN Latest News

MULN Stock Data

28.24M
8.78M
2.23%
2.56%
18.48%
Auto Manufacturers
Motor Vehicles & Passenger Car Bodies
Link
United States of America
BREA