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Mullen Automotive has started trading on the Nasdaq under the ticker symbol MULN. This milestone is seen as a significant step for the company, enhancing its visibility to investors and expanding its profile in the electric vehicle market. CEO David Michery expressed pride in the achievement, stating it opens new opportunities for Mullen's innovative technologies. Additionally, the company is set to unveil the FIVE EV Crossover at the Los Angeles International Auto Show on November 17, 2021, showcasing its advanced powertrains and battery solutions.
Mullen Automotive, Inc. has announced a reduction in the number of fully diluted shares expected after its reverse merger with Net Element, Inc. The new total of approximately 51.17 million shares will be 32% lower than the initially projected 75 million shares. This adjustment follows the definitive merger agreement and will take effect during the merger. CEO David Michery expressed enthusiasm about upcoming milestones, including the debut of the Mullen FIVE EV Crossover at the Los Angeles International Auto Show on November 17, 2021.
Mullen Automotive announces a significant expansion of its Tunica AMEC facility from 124,000 sq. ft. to over 1.2M sq. ft., aimed at manufacturing electric vehicles including the Mullen FIVE EV Crossover. The expansion, situated on a 100-acre site in Mississippi, will introduce a body shop, an automated paint shop, and a general assembly shop, creating numerous jobs in the area. The FIVE EV Crossover is set to debut on Nov. 17, 2021, at the Los Angeles International Auto Show. This project signifies Mullen's commitment to high-quality EV production.
Mullen Automotive has announced that its Mullen FIVE EV crossover is a finalist for the 2021 ZEVA “People’s Choice” Award at the Los Angeles International Auto Show. Voting is open until November 5th. The FIVE will make its world debut on November 17, 2021, showcasing its multiple powertrain configurations and advanced battery technology. This recognition positions Mullen favorably in the competitive EV market, as it aims to enhance accessibility to electric vehicles designed for American consumers.
Mullen Automotive is set to trade on Nasdaq under the ticker symbol MULN starting Nov. 5, 2021, following its merger with Net Element, Inc. (NASDAQ: NETE). The company has appointed Corry Davis as Vice President of Vehicle Integration and GT Martinez as Director of Certification & Homologation. With a combined 30 years of experience, they aim to enhance Mullen’s manufacturing efforts for the Mullen ONE EV Cargo Van and the Mullen FIVE EV Crossover, which will debut at the LA Auto Show on Nov. 17, 2021.
Mullen Automotive, an emerging electric vehicle manufacturer, will begin trading on November 5, 2021 under the ticker symbol MULN following a reverse merger with Net Element, Inc. (NETE). Nasdaq has granted conditional approval for the listing, subject to the fulfillment of specific requirements, including shareholder meetings and amendments to the certificate of incorporation regarding preferred shares. Additionally, Mullen will showcase its Mullen FIVE EV crossover at the LA Auto Show starting November 17, 2021.
Mullen Automotive announced that its Mullen FIVE EV crossover has been nominated for a 2021 ZEVA ‘People’s Choice’ Award at the Los Angeles International Auto Show. Voting is open until October 20. The award honors top EV crossover vehicles, with the LA Auto Show occurring from November 19-28. Mullen will debut the FIVE on November 17 and showcase various powertrain configurations. The company aims to provide exciting EV options tailored for American consumers.
Mullen Automotive has announced the readiness of its Advanced Manufacturing and Engineering Center (AMEC) in Tunica, Mississippi, to begin assembling Class 1 and Class 2 EV Cargo Vans by late Q4 2021. The facility has undergone significant renovations, including an automated skillet line to enhance assembly efficiency. Mullen aims to fulfill existing fleet orders by Q2 2022. The Class 1 van features a 40-kWh battery with a range of 160 miles, while the Class 2 van has a 78.8-kWh battery enabling over 200 miles of range. Mullen's debut of the FIVE Crossover is scheduled for November at the L.A. Auto Show.
Mullen Automotive has provided a letter to shareholders updating them on its merger with Net Element (NASDAQ: NETE). The SEC has approved the S-4 registration statement, and both companies have endorsed the deal. Mullen anticipates meeting NASDAQ's listing standards and is awaiting final confirmation. Additionally, the Mullen FIVE EV crossover will debut at the Los Angeles International Auto Show from November 17 to 28, 2021. Mullen encourages shareholders to stay informed through its website and social media channels.
Mullen Technologies has announced a partnership with hofer powertrain GmbH to develop and manufacture electric drive systems for its electric vehicle lineup, including the Mullen FIVE EV Crossover and DragonFLY EV Sportscar. The collaboration aims to enhance energy efficiency and performance in Mullen's EVs, with hofer powertrain leveraging over 40 years of experience in powertrain solutions. Mullen's CEO expressed confidence that this partnership will provide a competitive edge in the evolving EV market.
