Directa Plus Share Discussion Threads

[beergut] 29/11/2021 07:51

More good news this morning, but why are all the contracts £100,000 or £300,000.

Can this company not get a £10 million pound contract for something.

Would make a nice change

[bbluesky] 24/11/2021 09:58

Or was it on the LSE!

[bbluesky] 24/11/2021 09:51

Well done to someone who some time ago suggested this on the thread. Maybe it made a difference! A big plus.

[dogwalker] 24/11/2021 09:48

'Green Economy mark' - today's RNS. That's something , isn't it? Great.

[terry topper] 17/11/2021 23:25

The comments on the VRS fanboys forum are beyond belief - the level of gullibility is extraordinary - it really is like a cult.

[babbler] 17/11/2021 20:05

Amazing how much DCTA has going for it yet the crowd chase spikes in VRS. lol.

[terry topper] 16/11/2021 15:51

Babbler - if it's anything like VRS's other collaborations it will come to nothing.

[babbler] 16/11/2021 14:34

yeah if they want to be spiked.

[9degrees] 16/11/2021 14:03

guess some will now switch from here to VRS?

[babbler] 16/11/2021 12:58

lol sdry chose vrs. Shame they haven't heard of DCTA who have superior garments and experience. Hey ho.

[terry topper] 15/11/2021 16:52

Monday 15 November 2021 13:30:00 - GlobeNewswire Inc.
BREA, Calif., Nov. 15, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen”; or the “Company”;), an emerging electric vehicle (“EV”) manufacturer, is pleased to announce today that the company closed purchase of the Tunica, Mississippi, Advanced Manufacturing and Engineering Center (AMEC) without any debt and will begin ramp-up of hiring for the initial set of skilled trades and support staff. AMEC is in Robinsonville, Mississippi, which is located in Tunica County, and approximately 40 miles south of Memphis, Tennessee.

Mullen’s previously announced plans on Nov. 5 to build out another 1.2 million square feet of manufacturing space to support class 1 and class 2 EV cargo vans and the Mullen FIVE EV Crossover at AMEC. The facility currently occupies 124,000 square feet of manufacturing space. The total available land on the property is over 100 acres. On the expanded site, Mullen plans to build a body shop, fully automated paint shop and a general assembly shop.

Mullen’s commitment to the facility is strong and growing with hiring ramp-up now beginning for initial workers to support the initial preproduction build of class 1 and class 2 EV Cargo Vans.

“This is a milestone for Mullen,” stated David Michery, CEO and chairman of Mullen Automotive. “We now own this facility free and clear, with no associated debt or financial obligations on the property. AMEC is a tremendous asset for the company, and we are proud to begin hiring and build-out of the Tunica facility.”

Mullen will debut to the world, for the first time, the FIVE EV Crossover on Nov. 17, 2021, at the Los Angeles International Auto Show (LAIAS). The FIVE will debut in the South Hall on Day One of international media and press days. The FIVE will continue on display in the South Hall during the consumer days of the show, Nov. 19-28, 2021. Mullen will display multiple variants of the FIVE model while also showcasing powertrain, battery and charging technology.

The FIVE is built on an EV crossover skateboard platform that offers multiple powertrain configurations and trim levels in a svelte design that is “Strikingly DifferentTM” and exciting to experience in person. Learn more about the Mullen FIVE at MullenUSA.com.

[terry topper] 14/11/2021 12:49

The key question must be as to whether NexTech has managed to overcome the issues mentioned in this article around 'charging cycles'.

You would think it was somewhat risky to do such a major unveiling of your EV at one of the big motor shows if there was a limited number of charging cycles before a new battery was required. If this problem has been overcome and DCTA graphene is part of the solution then it would clearly be excellent news.

[terry topper] 12/11/2021 12:54

The timeline for announcements is interesting:

October 2020
DCTA announces collaboration with NexTech:
'...Directa and NexTech will collaborate on activities aimed at securing the supply to NexTech of Directa's G+ pristine graphene nanoplatelets, a key raw material for manufacturing the cathode of Lithium Sulphur batteries.'

November 2020
Positive progress announced by NexTech:
'...NexTech Batteries ("NexTech"), a leading producer and supplier of Lithium-Sulphur batteries using the Company's G+(R) pristine graphene nanoplatelets, has achieved above 400 Wh/kg (watt-hours per kilogram, the usual measure of energy density) in a practical system. NexTech produced several full-scale pouch format cell prototypes using its proprietary cathode and electrolyte materials producing 410Wh/kg of specific energy at a weight only slightly below 30g. For comparison, standard Lithium-Ion batteries have an energy density of 100-265 Wh/kg.

March 2021
Mullen Automotive and NexTech announce strategic partnership:
Mullen '.....announces today a strategic partnership with
NexTech Batteries Inc. as an EV battery supplier and key partner for battery development and technologies.'
'“With NexTech’s advanced lithium sulfur battery technology, cost savings compared to conventional batteries and readily available materials, Mullen has competitive advantage over all EV manufacturers. Not to mention a 2.5X higher specific energy compared to today’s lithium-ion batteries, they are capable of operating without losses in extremely high and low temperatures with minimal conditioning which improves the overall efficiency,” said David Michery, Founder and CEO of Mullen Technologies.
“It is also an extremely safe chemistry and pouch design not subject to thermal runway reactions. Mullen will launch our first-generation vehicle in late 2023 with NexTech’s current cells and will work in parallel to phase in their next generation solid state battery technology into our pack designs. This will keep Mullen as a leader in this space for generations of vehicles,” said David.

August 2021
Launch of Mullen FIVE EV Crossover - will debut at LA International Auto Show
Range estimate: 325 miles, Top speed (limited) 155mph, 0-60mph 3.2 seconds.

November 2021
Will be '....showcasing powertrain, battery and charging technologies.'
Mullen '.....is pleased to announce the Mullen FIVE EV crossover has been nominated for Top EV Crossover as part of the ZEVA “People’s Choice” Awards at the Los Angeles International Auto Show (“LAIAS”), with public voting now open through Oct. 20. The LA Auto Show will take place Nov. 19-28.
“I am pleased to announce the Mullen FIVE has been nominated as a Top EV contender as part of LA Auto Show’s ZEVA Awards. The Mullen FIVE is a fantastic EV crossover that competes very well against an impressive set of EV competitors,” said David Michery, CEO and chairman of Mullen Automotive. “The LA Auto Show is one of the most well-respected and attended international auto shows in the world, and both I and the Mullen team are very excited to debut the FIVE there in November.”
Mullen will debut to the world, for the first time, the FIVE EV crossover on Nov. 17, 2021, at the LA Auto Show. The FIVE will debut in the South Hall on Day One of the international media and press days. The FIVE will continue on display in the South Hall during the consumer days of the show, Nov. 19-28, 2021. Mullen will display multiple variants of the FIVE model while also showcasing powertrain, battery and charging technologies.
The FIVE is built on an EV crossover skateboard platform that offers multiple powertrain configurations and trim levels in a svelte design that is Strikingly DifferentTM and exciting to experience in person. ...


So importantly, at no point in any of the three companies news releases has there been any mention of any new battery partners. Being optimistic, one might therefore conclude that DCTA's graphene is in a NexTech battery that is powering the FIVE EV Crossover.
Maybe there is a news embargo on NexTech and DCTA until the show opens.......or maybe I am behaving like a gullible Versarien fanboy!!!

[terry topper] 12/11/2021 11:04

On a cautious note it is worth noting that graphene is not mentioned anywhere, as far as I can see, by Mullen.


Similarly from a cautious pov, unless there is a NDA in place, you would think that DCTA would have released something on this, even a RNSNON. (Edited)

[bad gateway] 12/11/2021 11:01

Agreed, thanks terry.

[terry topper] 12/11/2021 10:50

IF the FIVE EV mentioned above is using NexTech batteries and IF the Nextech batteries are using DCTA graphene........
There are a few 'ifs' involved obviously but this could be quite exciting.

[terry topper] 12/11/2021 10:47

Further to the post above:

BREA, CA., March 8
th, 2021 - Mullen Technologies, Inc. (“Mullen”; or the “Company”;), an emerging electric
vehicle (“EV”) manufacturer, which previously announced a definitive agreement to merge with Net Element,
Inc. (NASDAQ: NETE) in a stock-for-stock reverse merger in which Mullen’s stockholders will receive a
majority of the outstanding stock in the post-merger company, announces today a strategic partnership with
NexTech Batteries Inc. as an EV battery supplier and key partner for battery development and technologies.
Mullen plans to produce more than 100,000 vehicles over 5 years using NexTech lithium sulfur (Li-S) pouch
format batteries, which are 60% lighter than today’s EV’s, improving vehicle efficiency and reducing overall
energy consumption . NexTech’s Sulphur is sustainably sourced and is a result from recycling oil refinement
by-products. These materials are fully recyclable, sustainable, ubiquitously available and inexpensive. Mullen is
committed to reducing greenhouse gas emissions in every aspect of its business. This includes the use of low
carbon footprint materials and emerging technologies, in this case, readily available Sulphur instead of heavily
mined rare earth metals.
“This technology allows Mullen to potentially be below $90/kWh at a pack level, greatly reducing cost to
consumers. The low carbon footprint, high specific energy density and much lower cost to the consumer will
make Mullen extremely competitive in this market segment,” said Frank McMahon, Mullen CTO.
“We are very excited about the opportunity we have to leverage Mullen’s vehicle engineering and design knowhow and apply it to the field of energy storage, and we look forward to deploying next generation batteries in
these beautiful EVs making them convenient, safe and affordable for everybody,” said Dr. Fabio Albano, NexTech
CTO.
“Electric mobility is at the heart of NexTech’s purpose, and making batteries affordable, sustainable and safe are
some of the most important technological challenges needing to be solved. Better EVs and higher energy density
are clearly key to achieving these goals. Mullen and NexTech will make such vision a reality,” said Bill Burger,
NexTech Founder and CEO.
“With NexTech’s advanced lithium sulfur battery technology, cost savings compared to conventional batteries
and readily available materials, Mullen has competitive advantage over all EV manufacturers.
Not to mention a 2.5X higher specific energy compared to today’s lithium-ion batteries, they are capable of
operating without losses in extremely high and low temperatures with minimal conditioning which improves
the overall efficiency,” said David Michery, Founder and CEO of Mullen Technologies.
“It is also an extremely safe chemistry and pouch design not subject to thermal runway reactions. Mullen will
launch our first-generation vehicle in late 2023 with NexTech’s current cells and will work in parallel to phase
in their next generation solid state battery technology into our pack designs. This will keep Mullen as a leader
in this space for generations of vehicles,” said David.
About Mullen Technologies:

Mullen Technologies is a Southern California-based licensed vehicle manufacturer that operates in various
verticals of the businesses, focusing on the automotive industry: Mullen Automotive, Mullen Energy, Mullen
Auto Sales, Mullen Funding Corp. and CarHub. Each of
these divisions provide Mullen with diversity of different products and services within the automotive industry.
For more information, please visit: www.MullenUSA.com.
About NexTech Batteries
Founded in 2016, NexTech is the industry leader in Lithium-Sulfur (Li-S) battery technology. Owns the exclusive
license to Lawrence Berkeley National Lab’s Li-S battery intellectual property. Li-S is a superior battery
technology to Lithium-Ion (Li-ion) with 5X theoretical specific energy (Wh/kg) and a superior safety profile not
prone to thermal runway, full recyclability and 50% lower manufacturing cost.

[terry topper] 12/11/2021 10:46

The recent flotation on NASDAQ of Mullen Automotive may be the reason for the recent share price strength. Mullen has a strategic partnership with NexTech (DCTA's battery partner) to use Nextech's Li-Sulfur batteries.

BREA, Calif., Nov. 05, 2021– via InvestorWire – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen”; or the “Company”;), an emerging electric vehicle (“EV”) manufacturer, is pleased to announce that the Company begins trading today on the Nasdaq Stock Market LLC (“Nasdaq”;) under the new stock ticker symbol “MULN.”

“Today is a monumental day for Mullen Automotive. I am especially proud of our team, investors, and all who have believed in Mullen and taken us to this point as a publicly-traded company on the Nasdaq capital markets,” says David Michery, CEO and chairman of Mullen Automotive. “Trading on Nasdaq now opens us up to new investors, both institutional and retail shareholders, and broadens our awareness and company profile, while increasing awareness of Mullen and our technology platform and opening new opportunities in EV and beyond. The road ahead has never been brighter for Mullen and I am proud to lead us into the future.”

Mullen will debut to the world, for the first time, the FIVE EV Crossover on Nov. 17, 2021, at the Los Angeles International Auto Show (LAIAS). The FIVE will debut in the South Hall (Booth S-101) on Day One of the international media and press days. The FIVE will continue on display in the South Hall during the consumer days of the show, Nov. 19 – 28, 2021. Mullen will display multiple variants of the FIVE model while also showcasing powertrain, battery, and charging technology.

The FIVE is built on an EV crossover skateboard platform that offers multiple powertrain configurations and trim levels in a svelte design that is “Strikingly DifferentTM” and exciting to experience in person. Learn more about the Mullen FIVE at MullenUSA.com.

About Mullen:

Mullen is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the Company is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership.

[bbluesky] 10/11/2021 20:02

Most companies are a one trick pony. Not this one. I don't know if I get more excited by Grafysorber, GiPave, batteries or textiles+.

[bad gateway] 10/11/2021 15:27

and again. Quite like holding this one.:-)

[bbluesky] 09/11/2021 16:51

Decent afternoon. Looking promising.

[beergut] 09/11/2021 09:30

At least the price hasn't dropped back as has been the case other recent rises and the volume looks above average for this time of day.

[beergut] 09/11/2021 01:05

Bbluesky I agree with you something is brewing and the volume today was a real surprise by the close.

[bbluesky] 08/11/2021 18:22

We had this at 80 attempt after attempt and then a 75% rise. "The longer the base the bigger the move". So, 140 to ?. Broker has 250 target.Encouraging volume as Beergut noted.Bit like Pacman really, when that wall goes - whoosh!

[paulboz] 08/11/2021 15:07

There's no official news that I can see. No idea why there's a spike today but this happened a couple of weeks ago only for the rise to be wiped. I've sold half of my holding at 140.3 today with the expectation of being able to buy them back cheaper later in the week.