As World Transitions away from Gas Guzzlers, Net Element Inc. (NASDAQ: NETE) Entering EV Market Through Mullen Technologies Merger
NETE plans to divest payments processing model to enter EV industry through proposed merger with privately-held Mullen Technologies Inc.Merger allows Mullen stakeholders to obtain majority of stock while accelerating process of taking company public, funding US expansionMullen accepting reservations for Dragonfly K50 sports car and MX-05 SUV, production for both projected to start in 2021California-based Mullen subsidiaries include Mullen Energy, Mullen Auto Sales, Mullen Finance…