GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Collaboration with Phenix to Develop Light-Weight EV Truck Body

Company: Mullen Automotive Inc. (MULN)
Category: News

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is partnering with Phenix Truck Bodies & Van Equipment to develop a light-weight truck body for its class 3 EV. One of California’s largest providers of work trucks, equipment and specialty truck bodies, Phenix has an impressive list of long-term customers, including Southern California Edison, Southern California Gas, Los Angeles County Fire Department, SDG&E, USDA Forest Service and LA County Department of Public Works. MULN noted that the majority of commercial vehicles sold in the United States are sold through upfitters such as Phenix. The collaboration between the two companies is designed to produce an EV alternative to ICE vehicles, which will be made available to Phenix commercial fleet customers. The Mullen THREE truck has a tight turning diameter of 38 feet and offers excellent visibility for superior maneuverability on narrow city streets. “Phenix, in its 45-year history, has outfitted vehicles for some of the largest commercial public utility customers in the western U.S. with focus on Southern California,” said Mullen Automotive CEO and chair David Michery in the press release. “Having the opportunity to add our commercial EVs into the mix with Phenix and their large fleet business is a great step forward for our commercial business.”

To view the full press release, visit https://ibn.fm/3A6n8

About Mullen Automotive Inc.

Mullen Automotive is a Southern California-based automotive company building the next generation of electric vehicles (“EVs”) that will be manufactured in two company-owned, United States-based assembly plants. Mullen’s EV development portfolio includes the Mullen FIVE EV Crossover; the Mullen-GO Commercial Urban Delivery EV, Mullen commercial class 1 and 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 all 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.

NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN

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