Mullen Automotive Stock News

Westland's Class 3 service body upfits completed by Phenix Truck Bodies & Van Equipment. Vehicle order fulfilled by Pritchard and includes California HVIP incentives approval on vehicles purchased.

On Dec. 17, 2024, Mullen Automotive submitted a modified plan to the DOE that incorporates its facilities in Mishawaka, Indiana, and Fullerton, California, for U.S.-based battery and pack production. Mullen is in position to transition to manufacturing and assembly of high-voltage and low-voltage battery systems in the United States.

Company has reduced monthly burn from $16.8M in August 2024 to $11.8M in September 2024 and to $5.3M in October and November 2024

Electric vehicle stocks have diverged this year. On the one hand, we have Tesla whose shares have surged to a record high, giving it a market cap of over $1.4 trillion, and making it the eighth-biggest company in the world.

Mullen Automotive (MULN) stock price has crashed this year, as concerns about the company remained. It has plummeted by 99% this year, making it one of the worst-performing companies in Wall Street.

BREA, Calif., Dec. 12, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that its subsidiary, Bollinger Motors (“Bollinger”), has delivered its first 25 B4 trucks, with a retail sales value of approximately $4.1 million during the nearly three months since the company's September start...

Addition of Respected Commercial Dealer Group Increases Bollinger Motors' National Dealer Network to Over Fifty Locations OAK PARK, Mich. , Dec. 11, 2024 /PRNewswire/ -- Bollinger Motors , Inc., a commercial electric vehicle ("EV") manufacturer, has named Bergey's Truck Centers as an official Bollinger Motors dealer.

Bollinger has delivered and received payment on initial order of B4 Trucks Bollinger has delivered and received payment on initial order of B4 Trucks