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Mullen Automotive Stock Price, News & Analysis

MULN NASDAQ

Company Description

Overview

Mullen Automotive Inc is a Southern California-based manufacturer and distributor of commercial electric vehicles (EVs) and advanced energy solutions. Specializing in the design and production of cutting-edge EV trucks and cargo vans, the company delivers innovative mobility solutions tailored for commercial fleets and urban last-mile delivery. With robust capabilities in battery production and digital transformation, Mullen Automotive Inc has positioned itself as a key player in the rapidly evolving landscape of sustainable transportation and commercial EV innovation.

Business Segments and Operations

Mullen Automotive Inc operates through two primary segments, each serving distinct market needs. The Bollinger segment focuses on high-performance commercial trucks that cater to fleets requiring powerful and durable transportation solutions, while the Mullen Commercial segment specializes in vehicles designed for urban logistics, including the Class 1 EV cargo van (Mullen ONE) and the Class 3 EV cab chassis truck (Mullen THREE). The company’s state-of-the-art manufacturing facilities, located in Tunica, Mississippi and Mishawaka, Indiana, underscore its commitment to U.S.-based production and quality control.

  • Dealer Network: Mullen Automotive Inc has cultivated an extensive dealer network across key regions, ensuring nationwide sales and comprehensive service coverage.

  • Regulatory Compliance: All vehicles are developed in full compliance with U.S. Federal Motor Vehicle Safety Standards, EPA requirements, and California Air Resources Board (CARB) certifications, ensuring superior safety and environmental performance.

Technological Innovation and Digital Integration

Innovation is at the core of Mullen Automotive Inc's strategy. The company has embraced advanced battery manufacturing technologies by integrating assets from established industry players, thereby enhancing its production capabilities and driving down costs. Moreover, its proprietary digital platform, Carhub, leverages artificial intelligence to provide a seamless and interactive experience for buying, selling, and owning a vehicle. This digital-first approach not only modernizes the consumer experience but also reinforces the company’s reputation as a forward-thinking leader in the commercial EV space.

Market Position and Industry Significance

Mullen Automotive Inc is strategically positioned to meet the growing demand for sustainable commercial transportation solutions. Its product portfolio, which ranges from versatile cargo vans to sophisticated trucks designed for urban logistics, addresses the dynamic needs of commercial fleets and specialized market segments such as home service operations. The company's emphasis on U.S.-based production, strategic partnerships, and adherence to rigorous safety and environmental standards contributes to its competitive edge in the evolving EV market. Through continuous innovation and a focus on operational excellence, Mullen Automotive Inc delivers practical, scalable, and efficient mobility solutions that resonate with both fleet operators and end users.

Expertise and Industry Leadership

Mullen Automotive Inc demonstrates deep industry expertise through its commitment to cutting-edge technology and quality manufacturing. The company’s integrated approach combines advanced production processes with digital innovations, ensuring that every vehicle meets the highest standards of performance, safety, and environmental sustainability. Its strong focus on compliance and quality control builds trust among customers, stakeholders, and industry regulators. As a result, Mullen Automotive Inc not only meets the current demands of the commercial EV market but also sets the benchmark for future advancements in electric mobility.

Stock Performance

$0.7360
-0.42%
0.00
Last updated: April 25, 2025 at 04:55
-99.91 %
Performance 1 year
$678.5K
Market Cap
2.4M
Shares outstanding

SEC Filings

No SEC filings available for Mullen Automotive.

Financial Highlights

$1,094,322
Revenue (TTM)
-$505,826,551
Net Income (TTM)
-$185,555,481
Operating Cash Flow
-46,222.83%
Net Profit Margin
-35,805.41%
Oper. Profit Margin
-1,443.80%
Gross Profit Margin

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Frequently Asked Questions

What is the current stock price of Mullen Automotive (MULN)?

The current stock price of Mullen Automotive (MULN) is $0.7391 as of April 24, 2025.

What is the market cap of Mullen Automotive (MULN)?

The market cap of Mullen Automotive (MULN) is approximately 678.5K.

What is the revenue (TTM) of Mullen Automotive (MULN) stock?

The trailing twelve months (TTM) revenue of Mullen Automotive (MULN) is $1,094,322.

What is the net income of Mullen Automotive (MULN)?

The trailing twelve months (TTM) net income of Mullen Automotive (MULN) is -$505,826,551.

What is the operating cash flow of Mullen Automotive (MULN)?

The operating cash flow of Mullen Automotive (MULN) is -$185,555,481.

What is the profit margin of Mullen Automotive (MULN)?

The net profit margin of Mullen Automotive (MULN) is -46,222.83%.

What is the operating margin of Mullen Automotive (MULN)?

The operating profit margin of Mullen Automotive (MULN) is -35,805.41%.

What is the gross margin of Mullen Automotive (MULN)?

The gross profit margin of Mullen Automotive (MULN) is -1,443.80%.

What is the current ratio of Mullen Automotive (MULN)?

The current ratio of Mullen Automotive (MULN) is 0.34, indicating the company's ability to pay short-term obligations.

What is the gross profit of Mullen Automotive (MULN)?

The gross profit of Mullen Automotive (MULN) is -$15,799,778 on a trailing twelve months (TTM) basis.

What is the operating income of Mullen Automotive (MULN)?

The operating income of Mullen Automotive (MULN) is -$391,826,449.

What is the core business of Mullen Automotive Inc?

Mullen Automotive Inc specializes in the design, manufacturing, and distribution of commercial electric vehicles and advanced energy solutions.

How does Mullen Automotive generate its revenue?

The company generates revenue through direct vehicle sales, an extensive dealer network, and strategic investments in advanced battery and digital technologies.

What are the main products offered by Mullen Automotive Inc?

Mullen Automotive Inc offers a range of commercial EVs, including the Mullen ONE Class 1 electric cargo van and the Mullen THREE Class 3 electric cab chassis truck.

How does Mullen Automotive ensure quality and safety in its vehicles?

All vehicles are built in compliance with U.S. Federal Motor Vehicle Safety Standards, EPA requirements, and CARB certifications, ensuring rigorous quality and safety standards.

What role does technology play in Mullen Automotive's operations?

Technology is integral to the company's strategy, from advanced battery production to digital platforms like Carhub that utilize AI for streamlined vehicle transactions and enhanced customer experiences.

How is Mullen Automotive positioned within the EV market?

With robust manufacturing facilities in the US, a growing dealer network, and strategic partnerships, Mullen Automotive Inc is well positioned to serve the commercial and urban transportation sectors with sustainable EV solutions.