Mullen Automotive’s (NASDAQ: MULN) Cargo Vans Purchased by NYPA

September 22, 2023 09:41:41

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that the New York Power Authority (“NYPA”) has purchased the company’s campus delivery cargo vans after successful completion of an EV pilot program at NYPA’s 16-turbine hydroelectric facility in northern New York. According to the update, the 60-day EV cargo van pilot began on July  6, 2023, and concluded in early September 2023. As a result, NYPA will purchase the initial pilot vehicles for fleet operations at its St. Lawrence-Franklin D. Roosevelt Power Project and is assessing additional NYPA locations for Mullen’s full lineup of commercial EVs. “It’s great to see our EVs enter the Northeast market with the New York Power Authority, our nation’s largest public utility, using our delivery utility model for campus transportation,” said David Michery, CEO and chairman of Mullen Automotive. “Our EV cargo van is a perfect fit for large, closed workplace campus scenarios.”

To view the full press release, visit https://ibn.fm/wYLd1

About Mullen Automotive Inc.

Mullen 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-GO Commercial Urban Delivery EV, 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 of all of Electric Last Mile Solutions’ (“ELMS”) assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana. 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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