Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received a second order of eight EV campus cargo vans from the University of North Carolina at Charlotte (UNC Charlotte). The campus vans offer 186 miles of range and are designed for closed campus use, featuring the same DNA as the Mullen ONE class 1 EV cargo van but purpose-built to be an ideal delivery solution for micro-environments. Mullen noted that the new order will be fulfilled by Randy Marion Automotive Group, and the university is slated to begin taking delivery of the EV vans this week. According to the announcement, the school has purchased to date 15 vans for use on its campus; the university received the first order of vans in May 2023. A university representative noted that the school was “very impressed” with the first set of Mullen EV vans and that “ordering additional Mullen EV cargo vans makes perfect sense.” The official cited lower cost of ownership and no messy fill-ups, tail pipe exhaust or disruptive vehicle idling sounds as benefits of the EV vans. “It’s exciting to see UNC grow their EV fleet business with us,” said Mullen Automotive CEO and chair. “Our EVs are a perfect fit for university use, and Charlotte is at the forefront of implementing EVs into their daily campus life.”
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About Mullen Automotive Inc.
Mullen Automotive is a Southern California-based automotive company building the next generation of electric vehicles (“EVs”) that will be manufactured in its two United States-based assembly plants. Mullen’s EV development portfolio includes the Mullen FIVE EV Crossover, Mullen commercial class 1 and 3 EVs and Bollinger Motors, which features both the B1 and B2 electric SUV trucks and class 4-6 commercial offerings. On Sept. 7, 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive, and on Dec. 1, 2022, Mullen closed on the acquisition of all of Electric Last Mile Solutions’ (“ELMS”) assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana. To learn more about the company, visit www.MullenUSA.com.
NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN
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