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U.S. Department of Commerce Approves Mullen's Tunica, Miss., Facility as Foreign Trade Zone
Newsfilter· 2024-05-09 21:00
BREA, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today the Company has been approved for Foreign Trade Zone ("FTZ") status with the U.S. Department of Commerce for its commercial vehicle manufacturing and assembly center located in Tunica, Mississippi. A copy of Mullen's FTZ approval can be found here. With FTZ approval, the Company now qualifies for a variety of benefits, includin ...
MULN Stock Alert: Bollinger Announces Partner for Warranties, Mobile Services
InvestorPlace· 2024-05-08 00:03
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 ...
Bollinger Motors Taps Amerit Fleet Solutions for Mobile Service & Warranty for the Company's B4 All-Electric Class 4 Commercial Truck
Prnewswire· 2024-05-07 21:30
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 ...
MULN Stock Alert: Mullen Launches Poison Pill Plan
InvestorPlace· 2024-05-07 01:39
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 ...
Mullen Signs Agreement with California Based and HVIP Approved, National Auto Fleet Group
Newsfilter· 2024-05-06 21:15
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 ...
Mullen Announces Adoption of Limited Duration Stockholder Rights Plan
Newsfilter· 2024-05-06 21:00
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 ...
Pritchard EV and Mobile Road Service Solutions Debut All Electric Mullen ONE Roadside Assistance Vehicle at American Towman Showcase in Las Vegas
Newsfilter· 2024-05-02 21:00
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 ...
Why Is Mullen Automotive (MULN) Stock Up 27% Today?
InvestorPlace· 2024-04-29 23:53
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 ...
California Issues HVIP Approval, Granting Mullen's Class 3 EV Trucks a $45,000 Cash Voucher Per Vehicle Sold
Newsfilter· 2024-04-29 21:00
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 ...
Mullen Announces New CARB Approval for 2025 Class 3 EV Cab Chassis Truck
Newsfilter· 2024-04-25 21:15
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 ...