GreenEnergyBreaks Archive - Page 8 of 94

MondayOct 28, 2024 12:23 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Gains $10M Support from Robert Bollinger to Propel B4 EV Truck Production

Mullen Automotive (NASDAQ: MULN) announced that Bollinger Motors founder, Robert Bollinger, has provided $10 million in non-dilutive debt financing to accelerate the production and sales of Bollinger’s all-electric Class 4 B4 truck. This funding supports Bollinger’s full-scale production efforts, with trucks now assembled by Roush Industries in Michigan, using over 70% U.S.-made content. Mullen CEO David Michery commended Bollinger’s continued commitment to building the brand, with more details on the financing to be filed in an upcoming Form 8-K with the SEC. To view the full press release, visit https://ibn.fm/HCNb4 About Mullen Automotive Inc. Mullen Automotive is a Southern California-based…

ThursdayOct 17, 2024 1:26 pm

GreenEnergyBreaks – First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) and PyroDelta Energy Boost Thermoelectric Generator Power by Ten-Fold

First Tellurium (CSE: FTEL) (OTCQB: FSTTF) and its subsidiary PyroDelta Energy have announced a significant advancement in their tellurium-based thermoelectric generator, increasing its power output from 20 watts to 200 watts while maintaining minimal changes in size and weight. The generator, which runs on small butane or propane canisters, is designed for emergency and recreational use, capable of powering devices like cell phones, LED lights, and laptops for several hours. PyroDelta plans to develop larger versions to power multiple appliances and adapt the device for longer fuel options. The upgraded generator will be showcased at the Top Shelf Partners Commodities Global…

ThursdayOct 17, 2024 11:49 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Regains Nasdaq Compliance, Panel Hearing Canceled

Mullen Automotive (NASDAQ: MULN) announced that it has regained compliance with Nasdaq's minimum bid price requirement, as confirmed by formal notice from Nasdaq on Oct. 16, 2024. With this compliance, Mullen meets all Nasdaq continued listing standards and will remain listed on the Nasdaq Capital Market. As a result, a previously scheduled hearing before the Nasdaq Panel has been canceled, and Mullen expects to be removed from Nasdaq’s list of noncompliant companies within approximately four business days. To view the full press release, visit https://ibn.fm/la2hC About Mullen Automotive Inc. Mullen Automotive is a Southern California-based automotive company building the…

MondayOct 14, 2024 11:44 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Plans to Establish Mullen Credit Corporation to Support Dealers, Customers

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced plans to establish Mullen Credit Corporation (“MCC”) as its wholly owned subsidiary. According to the announcement, MCC will offer vehicle floor planning, enabling the company’s growing dealership network to finance inventory upfront and repay the loan plus interest once the vehicle is sold. MCC will also provide fleet and small business customers with attractive financing options.“Our business is experiencing rapid growth, with projected sales for 2025 expected to increase significantly. Consequently, our financing needs have also evolved,” said David Michery, Chairman and CEO. “Mullen Credit Corporation will…

WednesdayOct 09, 2024 10:58 am

GreenEnergyBreaks — Solar Integrated Roofing Corp. (SIRC) Subsidiary Design, Build of Net-Zero Photovoltaic System

Solar Integrated Roofing (OTC: SIRC) is reporting that its subsidiary, PLEMCo, has completed the design and build of a net-zero, energy solar photovoltaic system. According to the announcement, the system is part of the USACE Lake Isabella Permanent Operations Buildings project, located at Lake Isabella in California. The company noted that the project included ground and roof-mount solar arrays, with the energy produced through the system being a “valuable addition to the many other sustainable solutions included in the overall design of the site.” To view the full press release, visit https://ibn.fm/6nMu4 About Solar Integrated Roofing Corp. Solar Integrated Roofing is…

MondayOct 07, 2024 9:45 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Forecasts $75M in GAAP Revenue Over Next 6 Months, Implements Immediate Measures to Cut Overall Expenses

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it expects to ramp up its commercial sales to a monthly average of $12.5 million. As a result, the company forecasts $75 million in estimated GAAP revenue over the next six months from both Mullen Commercial’s and its subsidiary Bollinger Motors’ sales opportunities and pilot programs. The announcement also noted that the company is taking immediate steps to reduce its overall spend (operating and investing cash flows) from $12.8 million to $7.3 million. The $5.5 million cut is driven by a 20% reduction in headcount, elimination of…

FridayOct 04, 2024 9:30 am

GreenEnergyBreaks — Mullen Automotive Inc.’s (NASDAQ: MULN) Bollinger Motors Delivers Five B4 All-Electric Trucks to First US Dealership

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its subsidiary, Bollinger Motors, has delivered five Bollinger B4 Chassis Cabs to Nacarato Truck Centers’ facility in LaVergne, Tennessee. The delivery was valued at $800,000, with the company receiving full wire transfer payment on September 30, 2024. Nacarato Truck Centers becomes the first dealership in the U.S. to receive the B4s. The dealership will sell four vehicles to commercial fleet customers and use one vehicle for its own internal parts deliveries between its 13 locations. “Nacarato Truck Centers is thrilled to be the first dealership in the…

WednesdayOct 02, 2024 10:55 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Reports 6791% QoQ Revenue Growth, Continued Decrease in Monthly Cash Burn

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced expectations to report a significant revenue increase for the quarter ended September 30, 2024. The company anticipates recording approximately $4.5 million in revenue in the just-ended quarter, compared to $65,235.00 in the previous quarter ended June 30, 2024, a quarter-over-quarter increase of 6791%. According to the announcement, the company’s monthly cash burn for the quarter ended September 30, 2024, is approximately $12.7 million per month, down from $12.8 million for the quarter ended June 30, 2024, and $18.1 million for the quarter ended March 31, 2024. The announcement…

ThursdaySep 26, 2024 12:14 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Receives $3.2M Purchase Order from Papé Trucks for 50 Class 1 and Class 2 EVs

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a new vehicle order valued at $3.2 million. According to the announcement, Papé Trucks, the company’s seventh franchise dealer partner with 30 commercial sales and service locations across the Western U.S., has ordered 43 Class 3 EV trucks and 7 Class 1 EV cargo vans. The order also includes Class 1 and Class 3 parts supply to stock on hand for fast warranty service and repair work. Mullen will begin delivering the vehicles immediately. Papé’s strong reputation for exceptional customer service and vast network across the West is…

TuesdaySep 24, 2024 11:15 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Shares Video Update from CEO

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today shared a video update to shareholders provided by CEO and Chairman David Michery. In the video, Michery provides a detailed overview of the company’s recent progress, including sales and distribution expansion and financial performance. According to the update, the company’s sales activities with existing and new companies have resulted in new sales opportunities and vehicle orders received and or completed. Additionally, Mullen has secured financing to support sales growth through a $100 million preferred instrument and a $150 million fully available equity line. The update also highlighted Bollinger Motors’…

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