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MULN Stock Flirts with $1 as Mullen Files to Resell Up to 85 Million Shares
Investor Place· 2024-07-30 00:57
Shares of Mullen Automotive (NASDAQ:MULN) are once again near the pivotal $1 level. This comes despite the company enacting three reverse stock splits in 2023 — 1-for-25, 1-for-9 and 1-for-100. These splits add up to a cumulative ratio of 1-for-22,500. MULN stock is down by 91% year-to-date (YTD) and 99% year-over-year (YOY).On Friday, Mullen announced that it would resell up to 85 million shares upon the conversion of notes and the exercise of warrants. This is significant, as there were 24.85 million shar ...
Mullen Announces the Purchase of Mullen CAMPUS EVs by Global Transportation and Logistics Leader, DB Schenker
Newsfilter· 2024-07-29 21:15
Vehicles currently in use on Intel's technology campus in Chandler, Arizona, for mail and package delivery; plans for additional vehicle orders to follow Randy Marion Automotive in receipt of payment in full and delivery has been made on four Mullen CAMPUS EV cargo vans DB Schenker, founded in 1872, is a global leader with over 72,700 employees across 1,850 locations BREA, Calif., July 29, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric veh ...
Mullen Announces European Distributor, GAMA, Purchases 29 Mullen GOs for Balkans Region
Newsfilter· 2024-07-24 20:30
BREA, Calif., July 24, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today GAMA, one of Mullen international distributors,  has placed an order for 29 Mullen GOs, the Company's commercial micro urban delivery vehicle. The order is valued at $304,000 USD with shipment to GAMA planned for early August 2024. GAMA was recently announced as one of Mullen's European distribution partners for southeastern Eu ...
Bollinger Motors Takes Next Step to Bring B4 Chassis Cab to Market with Announcement of Warranty Coverage
Prnewswire· 2024-07-23 21:30
DETROIT, July 23, 2024 /PRNewswire/ -- Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, releases its full warranty coverage on the Bollinger B4 Chassis Cab, the company's all-new, all-electric Class 4 commercial truck.Under the warranty, Bollinger will provide comprehensive, competitive coverage for:  Bollinger Motors' B4 in motionBumper-to-Bumper: 3-year/36,000-miles Powertrain: 5-year/50,000-miles High Voltage Battery: 8-year/100,000-miles Air Conditioning: 5-year/50,000-milesFr ...
Mullen Subsidiary, Bollinger Motors, Announces Warranty Coverage for B4 Chassis Cab EV Truck
Newsfilter· 2024-07-23 21:15
The EPA certified B4 provides one of the strongest warranties in the commercial market today Warranty includes: Bumper-to-bumper, 3-year/36,000-miles; powertrain, 5-year/50,000-mile; high-voltage battery, 8-year/100,000-miles; frame rails and cross-members, 5-years/unlimited miles; corrosion (perforation only), 5-years/unlimited miles BREA, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announ ...
Mullen Announces Class 3 EV Truck Purchase from the City of Dublin, Ohio
Newsfilter· 2024-07-22 21:00
Mullen is currently negotiating with multiple government agencies to provide its Class One and Three vehicles and will be announcing additional orders over the current fiscal quarter Mullen's commercial EVs align with the City of Dublin's vision to be the most sustainable, connected and resilient global city of choice and has a long history of working to improve energy efficiency The Mullen THREE qualifies for a $15,000 incentive through the State of Massachusetts MOR-EV program and a $45,000 cash rebate vo ...
Mullen's Class 1 EV Cargo Van Receives Approval for the MOR-EV Program, Granting a $3,500 Rebate in Massachusetts
Newsfilter· 2024-07-17 21:00
Under the MOR-EV program, the Mullen ONE Class 1 EV cargo van, with a suggested MSRP of $34,500, is now approved for a MA state cash rebate of up to $3,500 When combined with the available $7,500 federal tax credit, the net effective cost of the Mullen ONE would be approximately $23,500 BREA, Calif., July 17, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today the Massachusetts Executive Office of En ...
MULN Stock Alert: Mullen Names New Bollinger Motors CEO
Investor Place· 2024-07-16 23:55
Mullen Automotive (NASDAQ:MULN) stock is falling on Tuesday even after the company announced a new CEO for subsidiary Bollinger Motors.This will have James Taylor taking over as the next CEO of the company. This has him replacing company founder Robert Bollinger.It’s worth noting that Taylor is a former executive of General Motors (NYSE:GM). Also, Bollinger will stick around as a board of directors member and major shareholder in the company.Taylor said the following about joining Bollinger Motors as its ne ...
Bollinger Motors Names Former GM Executive James Taylor as CEO, Promotes Bryan Chambers to President & COO, Siva Kumar to Chief Strategy Officer
Newsfilter· 2024-07-16 21:30
OAK PARK, Mich., July 16, 2024 (GLOBE NEWSWIRE) -- via IBN -- Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, today announces it has named former GM executive James Taylor as CEO. He will take over for company founder Robert Bollinger, who will remain on the company's Board of Directors and a major shareholder. In addition, the company promoted Bryan Chambers to President and Chief Operating Officer and Siva Kumar to Chief Strategy Officer and Senior Vice President of Finance. "T ...
Bollinger Motors Agrees to 70-Vehicle Sale with Doering Fleet Management
Prnewswire· 2024-07-15 21:30
Bollinger B4 Class Becomes First Medium Duty Electric Truck from Doering Fleet ManagementOAK PARK, Mich., July 15, 2024 /PRNewswire/ -- Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, today announced it has reached an agreement to sell 70 all-electric Class 4 Bollinger B4 commercial trucks to Doering Fleet Management, one of the nation's premier fleet management companies.Bollinger B4 Chassis Cab"Our agreement with Doering Fleet Management is another important step forward for Bo ...