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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Mullen Automotive Inc | NASDAQ:MULN | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.03 | 1.25% | 2.43 | 2.43 | 2.44 | 16,246 | 13:14:04 |
The tour will commence late summer on Aug. 20, 2023, and continue through November 2023, and will cover the East Coast, Midwest and Northwest before finishing up in California. Initial announced locations include:
Like last year, Mullen FIVE reservation holders and investors will have the priority to secure a spot on the upcoming tour; however, Mullen anticipates being able to accommodate all interested participants due to more vehicles and tour stops in 2023. Further locations and details on how to register can be accessed here.
This year on tour, the public will have the opportunity to experience Mullen’s commercial and retail EV lineup, interact with some of the partners Mullen is closely working with, as well as check out the latest electric vehicle technology that the Company has been working on including PERSONA.
AI-powered PERSONA is Mullen’s proprietary advanced facial recognition technology, which bridges the gap between driver and vehicle by personalizing the overall vehicle experience. PERSONA was first consumer tested on the Mullen FIVE EV Crossover during the 2022 “Strikingly Different” U.S. Tour. Firsthand feedback and survey data from the tour were extremely positive, with a majority of the participants indicating that PERSONA was a unique technology and concept they could see themselves using. Based on the positive feedback from last year’s tour, Mullen recently announced that it would be integrating PERSONA into its overall commercial and consumer vehicle lineups.
“After the incredible success we had last year with the tour, we obviously had to make it bigger this year by covering more stops and featuring more vehicles,” said David Michery, CEO and chairman of Mullen Automotive. “One of the more exciting highlights of this year’s tour has to be the ultra-high-performance Mullen FIVE RS, which we have been working on for a while to compete with some of the best and most well-known and regarded automotive marquees.”
The Mullen FIVE RS is an ultra-high-performance EV that will feature a top speed of over 200 mph and acceleration from 0-60 mph in just 1.95 seconds. The vehicle will be equipped with 800-volt architecture, all-wheel drive, a two-speed gearbox, and over 1,100 horsepower.
About MullenMullen Automotive (NASDAQ: MULN) 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 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.
Forward-Looking StatementsCertain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Mullen and are difficult to predict. Examples of such risks and uncertainties include but are not limited to: the commencement and completion dates of the “Strikingly Different” EV Tour; the vehicles that will participate in the tour; the states and locations where the tour is anticipated to take place; whether all members of the public who attend the tour will be afforded the opportunity to test-drive the vehicles; whether the Mullen FIVE RS will perform as expected; and whether the tour will be a success or result in any vehicle purchase orders. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Mullen with the Securities and Exchange Commission. Mullen anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Mullen assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Mullen’s plans and expectations as of any subsequent date.
Contact:Mullen Automotive, Inc.+1 (714) 613-1900www.MullenUSA.com
Corporate Communications:InvestorBrandNetwork (IBN) Los Angeles, California www.InvestorBrandNetwork.com 310.299.1717 Office Editor@InvestorBrandNetwork.com
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