Mullen Automotive (NASDAQ:MULN) stock is on the move Tuesday after the company confirmed that subsidiary Bollinger Motors has reached a service agreement with Amerit Fleet Solutions.According to a press release from the company, Amerit Fleet Solutions is going to provide mobile service and maintenance for Bollinger Motors’ commercial electric vehicles (EVs). That includes for customers that buy fleets of EVs from the Mullen subisidary.Amerit Fleet Solutions work will have it covering warranties on Bollinger ...

DETROIT, May 7, 2024 /PRNewswire/ -- Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, and Amerit Fleet Solutions ("Amerit"), a leading provider of customized fleet maintenance and repair programs nationwide, announced today that they have entered into an agreement for Amerit to provide mobile service and maintenance to Bollinger's commercial fleet customers. Bollinger B4 Under the terms of the agreement, the two companies will jointly provide EV service and warranty support fo ...

Shares of Mullen Automotive (NASDAQ:MULN) stock are accelerating over 30% higher after the company disclosed that it had adopted a poison pill plan. A poison pill plan is a strategy to deter another investor or investment firm from acquiring a large stake in a company. In the case of Mullen, this stake is defined as 10% or greater. As Mullen explained:“The Rights Plan is designed to enable all Company stockholders to realize the long-term value of their investment and is intended to protect Mullen and its s ...

NAFG, a Sourcewell contract awardee, with two awarded contracts (#091521-NAF and #060920-NAF), provides fleet vehicle purchasing to state, local government and educational institutions with near-term orders and deliveries pending Sourcewell is a government agency that has fulfilled bidding requirements and holds hundreds of competitively solicited contracts ready for use BREA, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric ...

The Rights Agreement is not a financing transaction and no additional shares of Common Stock or Preferred Stock or warrants or convertible notes are currently being issued in connection with the Rights Agreement BREA, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, today announces that its Board of Directors (the "Board") has unanimously adopted a limited duration stockholder rights plan (the "Ri ...

MRSS is a leading upfitter for the Roadside Service Industry and a strategic supplier to towing and emergency roadside service companies, including AAA, throughout the U.S. BREA, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, and its recently announced dealer partner, Pritchard EV ("Pritchard"), have joined with Mobile Road Service Solutions ("MRSS") to debut the Mullen ONE, Class 1 EV cargo van ...

Mullen Automotive (NASDAQ:MULN) stock is rocketing higher on Monday after the company got approval from California for the state’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP).This approval adds the 2024 Mullen Three to the project, which enables buyers of the electric vehicle (EV) to receive cash vouchers of up to $45,000. To put that in perspective, the MSRP for the 2023 Mullen Three is $68,500.On top of the HVIP cash vouchers is a $7,500 federal tax credit available for buyers ...

Under HVIP, the Mullen THREE EV truck, with a suggested MSRP of $68,500, now qualifies for a rebate of up to $45,000. When combined with the available $7,500 federal tax credit, the net effective cost of the Mullen THREE would be less than $17,000. BREA, Calif., April 29, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today the  California Air Resources Board ("CARB") has approved the Company's all-el ...

Company now in receipt of CARB approval for both 2024 and 2025 Class 3 Model Years CARB certification takes on even more significance with the recent Advanced Clean Fleets ("ACF") regulation, which requires state and local government fleets, including city, county, special district, and state agency fleets, to ensure 50% of vehicle purchases are zero-emission beginning in 2024 and 100% of vehicle purchases are zero-emission by 2027 BREA, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotiv ...

Mullen Automotive (NASDAQ:MULN) has certainly been among the hardest-hit electric vehicle (EV) stocks in the market. Year-to-date (YTD) alone, MULN stock is down more than 75% — and down much more from its previous post-pandemic peak. However, investors in MULN stock are seeing a reprieve from the selling pressure today on a key operational update from the company.Specifically, Mullen announced in a press release that it has completed the first phase of its battery line integration at its Fullerton, Califor ...