Welcome to our dedicated page for Mullen Automotive news (Ticker: MULN), a resource for investors and traders seeking the latest updates and insights on Mullen Automotive stock.
Mullen Automotive Inc. (formerly trading as MULN and now operating as Bollinger Innovations, Inc. under the symbol BINI) generates frequent news coverage around its electric vehicle activities, corporate restructuring and capital‑markets developments. Company press releases highlight progress in commercial EV production, expansion of dealer and service networks, and the evolution of its relationship with majority‑owned subsidiary Bollinger Motors.
News items commonly describe the company’s commercial EV lineup, including the Mullen ONE Class 1 EV cargo van and Mullen THREE Class 3 EV cab chassis truck, as well as Bollinger Motors’ Bollinger B4 Class 4 all‑electric commercial truck. Coverage often focuses on regulatory certifications, such as CARB and EPA approvals, and participation in state and federal incentive programs that support fleet electrification.
Another recurring theme in MULN/BINI news is corporate and strategic change. Articles and filings have detailed Mullen’s acquisition and increasing ownership stake in Bollinger Motors, the consolidation of Mullen and Bollinger operations, and the 2025 corporate name change to Bollinger Innovations, Inc. with a corresponding Nasdaq ticker change from MULN to BINI. Updates on cost‑reduction efforts, operational consolidation to locations such as Oak Park, Michigan, and legal settlements, including the transfer of the Mishawaka, Indiana facility to GEM entities, also appear in recent releases.
Investors following MULN/BINI news will also see announcements related to new products and markets, such as the relaunch and planned sales of the high‑performance Mullen FIVE RS EV Crossover in Germany and other regions, and initiatives like accepting cryptocurrency as payment for Mullen and Bollinger commercial EVs. Capital‑markets updates, including reverse stock split actions, preferred stock designations, and Nasdaq listing compliance matters, are typically disclosed through SEC filings and accompanying press releases.
This news page aggregates these company‑issued updates and related coverage, giving readers a single place to review developments in Mullen/Bollinger Innovations’ commercial EV business, subsidiary activities, financing transactions and listing‑status communications over time.
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Mullen Automotive (NASDAQ: MULN) has commenced installation of Energy Management Modules (EMM) in Washington, D.C.'s city fleet, under a $680,000 contract awarded to its subsidiary, Mullen Advanced Energy Operations (MAEO). This contract will enhance the efficiency of Chevrolet Bolts used by the city, with tests indicating a possible 60% increase in driving range. The project aims to optimize the performance of electric vehicles (EVs) in municipal use, enabling reduced charging time and increased operational time within communities. The collaboration with EV Technologies and the execution of this pilot project could pave the way for further municipal contracts and bolster the company's position in the EV market.
Mullen Automotive (NASDAQ: MULN) announces significant advancements with its Energy Management Module (EMM) technology, recently tested by Element Materials Technology. The EMM technology demonstrated the potential to enhance electric vehicle (EV) range, achieving a 60% efficiency increase, raising the range from 269 to 431 miles. Notably, Mullen's own testing showed a remarkable 75% increase in range for its Class 1 EV Cargo Van. A U.S. provisional patent application has been filed for this innovative technology, which is set to be integrated into Mullen's vehicle lineup. The company holds a 51% stake in MAEO, LLC, consolidating its technological advancements. The EMM technology aims to license to other electric vehicle manufacturers, potentially positioning Mullen as a leader in EV technology.
Mullen Automotive, Inc. (NASDAQ: MULN) has formed a partnership with Global EV Technology, Inc. and EV Technologies, LLC to establish Mullen Advanced Energy Operations, LLC (MAEO). This new entity focuses on enhancing energy management technologies for electric vehicles, aiming to improve vehicle range and performance. Mullen holds a 51% stake and will consolidate its operations under MAEO, leveraging Global EV Technology's existing technology and contracts. The collaboration's initial development targets Mullen's electric vehicle lineup, with founder Lawrence Hardge bringing over 30 years of experience in invention. Notably, Mullen aims to capitalize on verified technologies to enhance EV performance, an essential factor as it enters a competitive market.
Mullen Automotive (NASDAQ: MULN) announced the integration of solid-state polymer battery technology into its Class 1 EV cargo vans, aiming to boost the range from 110 miles to over 200 miles on a single charge. Testing of this innovative battery technology is set to begin on US roads in Q4 2023. This advancement promises higher energy density, quicker charging, and improved safety compared to traditional lithium-ion batteries. The company's partnership with Linghang Guochuang Holding Group is pivotal in implementing this technology, marking a significant step in enhancing the performance and efficiency of commercial electric vehicles.
Mullen Automotive has successfully completed a 60-day pilot program for its Class 1 EV cargo vans with Menzies Aviation at Los Angeles International Airport (LAX). The program demonstrated strong vehicle performance with 100% uptime and no maintenance issues. Over 1,500 miles were driven, and significant cost savings were noted, with a 66% reduction in electrical costs compared to gas vehicles and an 83% drop in CO2 emissions. Menzies has requested enhancements for increased seating and visibility, indicating potential fleet expansion. The pilot highlights Mullen's capabilities in the commercial EV sector.
Mullen Automotive has successfully delivered its Class 1 EV cargo vans to the University of North Carolina at Charlotte (UNC Charlotte) as part of an order fulfilled through Randy Marion Automotive Group. The initial order consists of seven vehicles, with plans for more deliveries across the university's 16 campuses over the next year. The vans will support various campus operations, promoting sustainability and reducing carbon emissions. Following a recent trade show, Mullen aims to expand its commercial EV offerings, highlighting the lower total cost of ownership as a key selling point for potential customers.