Mullen Automotive (NASDAQ: MULN) Announces Rapid Progress on FIVE EV Program

August 25, 2022 12:13:12

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a collaboration with TRE (Team Rosberg Engineering) GmbH from Germany on vehicle chassis and safety development for the Mullen FIVE EV Crossover Program. TRE, an independent tier 1 engineering supplier for several large OEMs worldwide, is highly specialized in chassis development for production and prototype vehicles. In addition, Mullen is currently working with engineering partner ARRK to finalize the structural layout for the Mullen FIVE with computer-aided engineering (“CAE”) simulation loop. “The engineering work for the FIVE continues to progress in full swing. We’ve made rapid progress thanks to our incredible partners,” said David Michery, CEO and chairman of Mullen Automotive. “These new partnerships are accelerating our path to start of production, which we previously slated for Q4 2024 and Q1 2025. Having companies such as ARRK and Team Rosberg involved in the FIVE program is a great privilege for Mullen.”

To view the full news release, visit https://ibn.fm/SjzRe

About Mullen Automotive Inc.

Mullen is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the company is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership. For more information 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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