Mullen Announces Funding to Close on ELMS Assets
Existing shareholders invest 150 Million Dollars to accelerate production and delivery of EVs. Brea, CA – November 17, 2022 – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today receipt of $150 Million on Nov. 16th, 2022 which will be used in part to close on […]
Mullen Enters into Agreement with Newgate Motor Group, one of Ireland’s most Recognized Auto Groups, to Distribute the Mullen I-GOTM in Ireland and United Kingdom
Dealer Group agrees to purchase 500 vehicles per year Agreement appoints Newgate as marketing, sales, distribution and servicing agent for the Mullen I-GO in Ireland and the UK Newgate will purchase initial units of the I-GO for vehicle demonstrations, marketing and sales opportunities with potential customers Expected delivery date for the Mullen I-GO samples […]
Mullen Automotive Announces Elimination of Approximately $13 Million in Debt with less than $10 Million of Debt Remaining
Conversion to save company more than $3.5 million in interest expense and eliminates debt service obligations, further improving overall financial health Brea, CA – November 02, 2022 –Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that it has eliminated $13 million in company debt and […]
Mullen FIVE “Strikingly Different” EV Crossover Tour Starts Tomorrow, Oct. 27th in Pasadena, CA; New Los Angeles Area Stop Added
Mullen Automotive starts the FIVE EV Crossover tour this Thursday, Oct. 27th and Friday, Oct. 28th, in Pasadena, CA. Due to overwhelming interest, the company has also added new Los Angeles Area dates for Nov. 1st and Nov. 2nd at Angel Stadium in Anaheim, CA. Mullen will be showcasing PERSONA, their propriety Personal Vehicle […]
Mullen Continues Acquisition Path with Purchase of ELMS Assets Including Factory in Mishawaka, IN., Enabling EV Production for Retail and Commercial Vehicle Lines
Manufacturing Capability to Produce 50,000 Vehicles Per Year Mullen’s cash on hand and funding commitment of up to $240 million provides the company with access of up to $275 million to close acquisition and fund vehicle launches BREA, CA – October 19, 2022 – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), […]
