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InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Receives Class 3 Vehicle PO from NRTC Automation Group
August 28, 2023

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Receives Class 3 Vehicle PO from NRTC Automation Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received a multiunit vehicle purchase order from NRTC Automation Group for three all-electric commercial class 3 Mullen trucks; the announcement noted that delivery of the vehicles is scheduled to begin in Q4 2023. Alabama-based NRTC, which has locations in South Carolina, Michigan and Ontario, provides turnkey automation, prototyping and production manufacturing solutions for the automotive industry. Mullen noted that the Mullen THREE is an efficient class 3 low-cab, forward EV truck featuring an 11,000 gross vehicle weight rating as well as a turning diameter of 38 feet and excellent visibility for superior maneuverability. The vehicle chassis provides a clean top-of-rail for easy upfitting with bodies up to 14 feet long and payloads of more than 5,800 pounds. NRTC officials noted that they had had an opportunity to sit in the vehicle and test drive it at Mullen’s commercial launch last week and that the company has several applications where the Mullen THREE will be an ideal fit. “We are very excited to announce this vehicle purchase order for our Mullen THREE with NRTC,” said Mullen Automotive chief commercial officer John Schwegman in the press release. “Mullen is focused on providing solutions for fleets of all sizes as the adoption of electric vehicles increases.”

To view the full press release, visit https://ibn.fm/H6Vqe

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 its two United States-based assembly plants. Mullen’s EV development portfolio includes the Mullen FIVE EV Crossover; the Mullen GO Commercial Urban Delivery EV; the Mullen commercial class 1–3 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 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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