Mullen Automotive (NASDAQ: MULN) Unveils Newest EV Option — PowerUP Mobile Charging Truck

July 11, 2023 11:48:51

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has unveiled the newest addition to its line of electric vehicles: the PowerUP. According to the company, the new mobile EV charging truck will deliver level 2 and level 3 DC fast-charging capabilities in situations where such power is typically not available, such as roadside assistance and emergency response. Available for advance order, the PowerUP will be featured in MULN’s 2023 Strikingly Different EV Tour, which begins on Aug. 19, 2023, in Austin, Texas. The newest MULN vehicle is based on a Class 5 truck platform, delivers up to 150kW of continuous power generation, and includes two level 3 DC fast chargers (one 120 kW or two 60kW each) and four level 2 chargers (7.2kW each). Other vehicles featured on this year’s tour will include the Mullen FIVE RS, the Mullen FIVE EV Crossover, the Mullen GT Electric Sports Car, the Mullen ONE Class 1 Commercial EV Cargo Van, the Mullen THREE Commercial Class 3 Electric Truck, and Bollinger B2 Pick Up. “On last year’s tour, we witnessed firsthand how difficult it is to charge vehicles while on the road, especially Level 3 DC fast charging, which is very limited outside of California,” said Mullen Automotive CEO and chair David Michery in the press release. “As a result, we decided we needed to build a solution to support the 2023 tour and the multiple vehicles featured on tour, including DC fast charging for the Mullen FIVE RS. Moving forward, we will be offering different configurations of the PowerUP mobile charger for immediate sale via advance order, based off our own commercial EV truck platforms, making this vehicle available for roadside assistance, emergency response and management teams. Our PowerUP EV truck can deliver high-voltage power in mobile or emergency situations or where power is out or not available for fast-charging scenarios.”

To view the full press release, visit https://ibn.fm/AcOBg

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; the Mullen-GO Commercial Urban Delivery EV; the Mullen commercial class 1–3 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 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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