ThursdayJun 20, 2024 2:59 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Shares Progress Across Its Commercial Vehicle Programs, Plans to Increase Portfolio

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today issued a shareholder update from its CEO and Chairman David Michery on various efforts and company initiatives. Among the highlights on recent milestones, the company reported committed capital in excess of $250 million, state incentive program approvals for $45,000 in California and $15,000 in Massachusetts for Class 3 EV trucks, commercial sales and technology advancements, and national and international dealer network expansion. “We continue to make solid progress across our commercial vehicle programs. We are also actively pursuing M&A discussions with other EV companies to increase our vehicle portfolio and…

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ThursdayJun 13, 2024 2:04 pm

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Secures $13.2M Sales Order

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announced that its subsidiary, Bollinger Motors, has reached an agreement to sell 80 all-electric Class 4 commercial trucks for a sales order of $13.2 million to Momentum Groups, a leader in fleet management and EV charging solutions. Momentum, with strength is in its full-service national fleet program and mobile or permanent charging infrastructure for EVs, can upfit the Bollinger B4 Chassis Cab with mobile EV chargers, a box truck, flatbed, service body or stake truck. According to the announcement, Momentum will take possession of the vehicles after Bollinger Motors launches…

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TuesdayJun 11, 2024 3:05 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Mullen THREE Truck Approved for Massachusetts’ $15,000 Cash Voucher Program

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has received approval from the Massachusetts Executive Office of Energy and Environmental Affairs’ Department of Energy Resources (“DOER”) for its Mullen THREE to qualify for the state’s $15,000 cash rebate voucher program. An all-electric Class 3 low cab forward truck, the Mullen THREE has a suggested MSRP of $68,500; however, when the Massachusetts state cash rebate of up to $15,000 is combined with the available $7,500 federal tax credit, the net effective price of the Mullen THREE totals an estimated $46,000. The MOR-EV program focuses on making electric vehicles more affordable…

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TuesdayJun 11, 2024 11:00 am

GreenEnergyBreaks — Correlate Energy Corp. (CIPI) Working on $400M ‘Landmark’ Initiative to Develop Nation’s First Microgrid Utility

Correlate Energy (OTCQB: CIPI) is working to develop the first microgrid utility in the country. According to the announcement, the company is partnering with Compass Energy Platform and Distributed Energy Capital (“DEC”) on the landmark initiative, which will be a major advancement in adopting renewable utility infrastructure, ensuring reliable and resilient clean energy. The project is being led by Cuyahoga Green Energy (“CGE”) and will be the first new county utility for Cuyahoga County in more than 75 years. To begin with, the project calls for the development of four microgrids, totaling approximately $400 million, with opportunities for follow-on initiatives.…

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MondayJun 10, 2024 1:33 pm

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Enters Key Northeast Hub with Addition of New England Area Dealer

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announced the addition of zero-emissions commercial vehicle dealership, Eco Auto, a Boston, Massachusetts-area dedicated EV dealer. As Mullen’s newest franchise dealer, Eco Auto will cover national fleet opportunities for the company’s full line of commercial electric vehicles with particular focus on the regional New England area. According to the announcement, Eco Auto’s initial vehicle order includes 10 Mullen ONE, Class 1 EV cargo vans, and 3 Mullen THREE, Class 3 EV cab forward EV trucks. “The New England area is a key Northeast hub for commercial fleet companies and one…

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FridayJun 07, 2024 1:44 pm

GreenEnergyBreaks — FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Receives Deadline Extension for Completion of CA$3M Private Placement

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, provided an update on the second tranche of a CA$3 million non-brokered private placement. The company noted that further to its earlier news release in connection with the closing of the first tranche (CA$1.5 million) of the offering, the TSX Venture Exchange has extended the deadline for the completion of the offering. FuelPositive anticipates completing the final tranche of the offering before June 24, 2024. In addition, the company announced it will settle further outstanding debt totaling $27,500 to an arms-length creditor. The company plans to issue 500,000 units at…

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WednesdayJun 05, 2024 2:41 pm

GreenEnergyBreaks – Lelantos Holdings Inc. (LNTO) Announces >$1M in Residential Solar Sales for Eco Since Entering Strategic MOU

Lelantos Holdings (OTC: LNTO) today announced that its subsidiary, Eco Management Systems, has reached significant sales milestones since the company executed a memorandum of understanding (“MOU”) to acquire Eco, a licensed and full-service commercial and residential solar contractor, on Feb. 13, 2024. Since this date, and largely due to the efforts of Lelantos’ executive team, Eco has increased its sales volume and signed a 264,650 total watts contract with a value of $1,040,579.56. These projects are in various stages of development, from permitting and preconstruction activities all the way through to procurement and initiating installation. “Lelantos recognized the potential that…

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FridayMay 31, 2024 3:15 pm

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Appoints VP over EMEA, Reports First European Orders

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has announced a new position to lead Europe sales efforts. The company has named Alain Van Munster as its new vice president of Europe Middle East and Africa (“EMEA”); Alain has spent more than 25 years in the automotive and fleet industries across Europe, Asia and South America, including serving in positions with Copart and Manheim. The company also reported that its first European orders included 93 vehicles, comprised of 40 all-electric Mullen-GO urban delivery vehicles delivered to GAMA in Serbia and 53 commercial vans and trucks sent to Antidoto SA,…

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WednesdayMay 29, 2024 2:19 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Secures $440K Initial Order for Mullen-GO in Europe

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announced a new European purchase order (“PO”) for 40 Mullen-GO urban delivery vehicles with Switzerland-based Antidoto SA, a commercial upfitter whose key focus is on-demand food delivery companies. According to the announcement, the initial PO is valued at $440,000 USD. Antidoto SA specializes in the design and sale of pizza ovens for delivery vehicles and installs warming ovens in various types of vehicles. Antidoto SA will initially order 40 Mullen-GO vehicles for 2024 and projects a minimum order of 180 units for 2025 to meet anticipated growing demand for zero…

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TuesdayMay 28, 2024 3:17 pm

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Developing Zero-Emissions Version of Its PowerUP Mobile EV-Charging Truck

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, is developing a zero-emissions version of its mobile EV-charging solution, PowerUP. The solution will be available on Mullen’s Class 3 all-electric cab chassis truck. According to the announcement, PowerUp provides increased versatility and 100% zero emissions power generation that can deliver on-demand, mobile DC fast-charging. The company noted that the shift to a 100% zero-emission model represents its commitment to sustainable transportation solutions while also meeting overwhelming market demand for zero-emission options in the mobile EV-charging space. First introduced in 2023 as a mobile EV-charging truck, the original model utilized a…

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