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NewsBreak Category: Green Cars - Electric Vehicle
Monday Nov 06, 2023 - 11:43 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Achieves Key Milestone with Receipt of EPA Certification for Class 1 EV Cargo Vans

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced full approval from the Environmental Protection Agency (“EPA”) that provides Mullen with the EPA’s Certificate of Conformity for Class 1 EV cargo vans on Nov. 2, 2023. Both Mullen’s commercial Class 1 and Class 3 EV vehicles have now received EPA certification (its Class 3 EV cab chassis truck received the certification on…

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Thursday Nov 02, 2023 - 12:28 pm

InvestorNewsBreaks — Lightning Motorcycle Announces Investor Discount Perk Program

Lightning Motorcycle, manufacturer of the world’s most advanced electric motorcycles, is committed to environmental consciousness as it works to build its transformative motorcycles that offer superior efficiency, performance and affordability. According to a recent release, the company believes that electric mobility is the key to a sustainable future and is committed to making this vision a reality through its ecofriendly offerings. The company recently announced…

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Thursday Oct 26, 2023 - 12:04 pm

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Request to Continue Listing Is Granted by NASDAQ Hearings Panel

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, was notified by the NASDAQ Hearings Panel that its request to continue listing on the NASDAQ capital market has been granted with two conditions. Those conditions call for the company to maintain a closing bid price of $1 per share for 20 consecutive trading sessions on or before Jan. 22, 2024, and hold an annual…

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Monday Oct 23, 2023 - 10:17 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Update on Progress of Action Filed Against Key Broker Dealers

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting on the status of the lawsuit it filed against TD Ameritrade, Charles Schwab, National Finance Services and others alleging that those broker dealers engaged in a scheme to manipulate the share price of the company’s securities. Mullen filed the lawsuit in August 2023 in the United States District Court in the Southern District…

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Thursday Oct 19, 2023 - 11:03 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Filing of Preliminary Proxy Statement

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it has filed a preliminary proxy statement with the Securities and Exchange Commission (the “SEC”) regarding a special stockholders’ meeting to be held on Dec. 15, 2023, to authorize Mullen’s board of directors to effect a reverse stock split of the company’s common stock at an exchange ratio between 1-for-2 to 1-for-100.…

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Monday Oct 16, 2023 - 1:08 pm

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports on Status of Commercial Vehicle Production

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released a commercial vehicle production update for its Class 3 EV cab chassis trucks and Class 1 EV cargo vans. According to the report, the company is on track to produce 150 Class 3 EV trucks through December 2023 and to begin production and delivery of its Class 1 EV cargo van in Q4…

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Monday Oct 09, 2023 - 11:26 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Appoints Marianne McInerney as Chief Strategy Officer

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the appointment of Marianne McInerney as chief strategy officer. According to the announcement, McInerney will focus on growth opportunities and drive strategic initiatives for Mullen’s commercial, consumer vehicles and governmental affairs. McInerney has nearly two decades of experience in the automotive and transportation industry, during which she has advised multiple original equipment manufacturers,…

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Thursday Sep 28, 2023 - 11:14 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Class 3 EVs Begin Shipping

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has delivered the first 10 class 3 EV Cab Chassis Truck to Randy Marion Automotive Group; the vehicles are invoiced at $630,000. According to the announcement, these first 10 vehicles are the initial shipment of an order for 1,000 class 3 vehicles, an order worth $63 million; the order was placed in May 2023. The…

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Wednesday Sep 27, 2023 - 1:56 pm

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) CEO Issues Shareholder Update

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today shared an open letter to shareholders from its CEO David Michery. In the letter, Michery discusses updates on various matters, company milestones and initiatives, including the company’s strong balance sheet, its receipt of EPA certification for Class 3 EV commercial vehicles, status on the hearing granted before the Nasdaq Hearings Panel, its firm stance…

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Tuesday Sep 26, 2023 - 9:33 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Commercial Class 3 EV EPA Certification

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has reached a key milestone. The company announced that it has received full approval from the Environmental Protection Agency (“EPA”) with certification for class 3 EV commercial vehicles; the company received the notification on Sept. 22, 2023. According to the announcement, the company has also completed all testing requirements for its class 3 EV Cab…

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Monday Sep 25, 2023 - 12:25 pm

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Receives EPA Certification for Class 3 EV Commercial Vehicles

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its achievement of a key milestone with full approval from the Environmental Protection Agency (“EPA”) with certification for Class 3 EV Commercial Vehicles received on Sept. 22, 2023. According to the announcement, Class 3 vehicle production began in August 2023 with the first vehicles rolling off the assembly line on Aug. 21, 2023.…

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Thursday Sep 21, 2023 - 11:12 am

InvestorNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Cargo Vans Purchased by NYPA on Heels of Successful EV Pilot

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that the New York Power Authority (“NYPA”) has purchased the company’s campus delivery cargo vans after successful completion of an EV pilot program at NYPA’s 16-turbine hydroelectric facility in northern New York. According to the update, the 60-day EV cargo van pilot began on July  6, 2023, and concluded in early September 2023.…

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Tuesday Sep 19, 2023 - 12:19 pm

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Receives IRS Approval as ‘Qualified Manufacturer,’ Qualifies for Federal EV Tax Credit

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received approval from the IRS for its “qualified manufacturer” designation. The designation means the company qualifies for commercial EV federal tax credits of up to $7,500 per qualified vehicle with gross vehicle weight ratings (“GVWRs”) of under 14,000 pounds. According to the announcement, both the Mullen ONE, a class 1 EV Cargo Van, and the Mullen…

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Monday Sep 18, 2023 - 3:36 pm

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Launch of Proprietary Fleet Telematics Solution

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has launched Commercial Pulse, an advanced telematics application for customers that offers a complete solution for vehicle diagnostics and fleet optimization. According to the announcement, Mullen’s Commercial Pulse is an advanced telematics AI app that provides drivers and fleet companies with maintenance alerts, real-time vehicle location, driver safety, battery state of charge, metrics and more…

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Thursday Sep 14, 2023 - 11:00 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Releases Upcoming Destinations for 2023 Strikingly Different EV Experience

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is announcing new stops on its 2023 Strikingly Different EV U.S. tour. This month the EV experience will be in North Carolina as well as Washington, D.C., Philadelphia, New York City and Boston. This year’s Strikingly Different tour began in August, with its first stop in Austin, Texas; the innovative in-person tour is slated to…

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Monday Sep 11, 2023 - 12:55 pm

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Strategic Acquisition of Romeo Power Assets

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its purchase of battery pack production assets from Romeo Power for approximately $3.5 million. According to the announcement, the deal includes equipment, inventory and intellectual property for high volume EV battery pack and module production. The assets include production lines for EV pack assembly and precision R&D module and pack development with associated…

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Thursday Sep 07, 2023 - 12:33 pm

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Receives Delisting Notification from NASDAQ, Files an Appeal

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received a letter from the Listing Qualifications Department of the NASDAQ Stock Market. The letter notes that MULN did not meet the deadline to regain compliance with NASDAQ listing requirements; the deadline was Sept. 5, 2023. According to the notice, the company failed to maintain a minimum bid price of $1. In response to…

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Friday Sep 01, 2023 - 11:16 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) CEO Responds to Question Asked on ‘Making Money with Charles Payne’

Mullen Automotive’s (NASDAQ: MULN) CEO and Chairman David Michery appeared on “Making Money with Charles Payne” on Fox Business on Thursday, Aug. 31, to discuss the lawsuit against large brokerage firms for unlawful trading practices of the company’s stock and other matters. The company today announced its response to a question asked during Michery’s appearance on the program, which aired on Fox Business at 2:55…

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Wednesday Aug 30, 2023 - 10:02 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Update on Stock Buyback Program, File Suit Against Schwab, TD Ameritrade for Naked Short Selling

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting on its stock buyback program. The buyback program started on Aug. 16, 2023, and could go through Dec. 31, 2023. According to the announcement, the company has repurchased $5,610,600 in shares of its Mullen’s original announcement on Aug. 17, 2023. MULN’s board of directors approved the stock buyback program in July; approval allows…

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Tuesday Aug 29, 2023 - 3:11 pm

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Filing of Lawsuit Against Large Stock Brokerage Firms

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it has filed a lawsuit in the United States District Court, in the Southern District of New York, against TD Ameritrade, Charles Schwab, National Finance Services and others alleging that these broker dealers engaged in a scheme to manipulate the share price of the company’s securities. According to the announcement, the lawsuit…

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Friday Aug 25, 2023 - 9:48 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Hosts Launch Event Marking Class 3 Vehicle Production Success

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, held its first-ever open house at its Tunica manufacturing facility. The event marked the company’s first Class 3 EV trucks rolling off the assembly line. According to the announcement, the event provided attendees with the opportunity to tour the Tunica site, enjoy a company presentation, and test drive MULN’s class 1 and class 3 commercial…

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Wednesday Aug 23, 2023 - 3:32 pm

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) CEO Issues Open Letter to Shareholders

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today shared an open letter to its shareholders addressing declining stock values. “The company has received numerous requests to respond to the ongoing decline of our stock. Many of these communications have been addressed to me personally with less than kind, and sometimes threatening statements. As CEO of this company, I take all shareholders’ concerns…

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Monday Aug 21, 2023 - 10:53 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Milestone: First EV Mullen THREE Truck Rolls Off Assembly Line

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has reached a milestone: the company’s first production vehicle, the Mullen THREE, has rolled off the assembly line. The Class 3 EV truck is being manufactured at Mullen’s commercial vehicle assembly facility located in Tunica, Mississippi. According to the announcement, the company anticipates increasing the production rate of the Mullen THREE as the year progresses.…

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Friday Aug 18, 2023 - 12:15 pm

InvestorNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) ‘Strikingly Different’ Tour to Showcase Power, Performance and Possibilities of Its EVs

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its 2023 Mullen “Strikingly Different” EV Tour kicks off this weekend, Aug 20-21, at Circuit of the Americas in Austin, Texas. The tour is slated to run until Nov. 15, 2023, covering the South, East Coast, Midwest, and West Coast before finishing up in California. During the 2023 tour, the public will…

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Thursday Aug 17, 2023 - 10:16 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Commencement of Stock Buyback Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the start of the company’s $25 million stock buyback program with the repurchase of 3.7 million shares of common stock for an aggregate of $3,626,000. The buyback program started on Aug. 16, 2023, and can continue through Dec. 31, 2023. Mullen’s chairman and CEO David Michery also purchased 102,040 shares in the open…

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Monday Aug 14, 2023 - 12:59 pm

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Fiscal Q3 Results, Business Update

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced financial results for its fiscal third quarter for the three and nine months ended June 30, 2023, and provided recent business updates. Among the highlights, the company’s board of directors has authorized a stock buyback program, pursuant to which the company may, until Dec. 31, 2023, purchase up to $25 million in shares…

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Thursday Aug 10, 2023 - 10:48 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Commences Class 3 Vehicle Production at Tunica Facility

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the start of vehicle production at its Tunica, Mississippi, assembly plant for the Mullen THREE, Class 3 EV truck with first customer deliveries on track to begin in August and September. According to the update, the company will be gradually ramping up the production rate over the course of September through December, with…

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Tuesday Aug 08, 2023 - 12:47 pm

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Reverse Split, Stock BuyBack Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced a 1 for 9 reverse split. According to the announcement, the company plans to repurchase up to $25 million in shares through a stock buyback program after the filing of its 10-Q and upon expiration of its blackout period. In making the announcement, the company noted NASDAQ Listing Rule 5810(c)(3)(H), which states that…

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Wednesday Jul 26, 2023 - 10:50 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Bollinger Motors’ Receipt of $3M Grant from State of Michigan

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that Bollinger Motors received final approval from the state of Michigan for a $3 million grant aimed at promoting job creation in the state. In a unanimous decision, the Michigan Strategic Fund Board approved the incentive through the Michigan Business Development Program. “Bollinger Motors is poised for growth and we’re proud to be…

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Monday Jul 24, 2023 - 12:02 pm

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Partners with Shoshoni Native American Tribe in Commercial EV Pilot Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is partnering with the Shoshoni Native American tribe of Northern California and Nevada in a pilot program featuring the Mullen ONE Class 1 EV Cargo Vans and the Mullen CAMPUS Delivery Utility Vehicles. The program is designed to serve Harrah’s Northern California Resort & Casino property. According to the announcement, the collaboration between Mullen and…

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Thursday Jul 20, 2023 - 12:13 pm

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Plans Launch Event to Celebrate Class 3 EV Production Milestone

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is planning a commercial EV launch event to commemorate a significant milestone: the first of its class 3 vehicles rolling off the production line. The event is slated for Aug. 24, 2023, and will be held at Mullen’s Mississippi-based commercial assembly plant. The company is planning factory tours and a company presentation as well as…

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Tuesday Jul 18, 2023 - 2:38 pm

InvestorNewsBreaks – Bollinger Motors, a Majority-Owned EV Truck Company of Mullen Automotive Inc. (NASDAQ: MULN), Kicks off ‘Design Validation’ Pilot Builds

Bollinger Motors, which in September of 2022 became a majority-owned EV truck company of Mullen Automotive (NASDAQ: MULN), today announced the start of its “design validation” pilot builds of the B4 all-electric Class 4 chassis cabs for testing and demonstration. According to the announcement, manufacturing of the pilot vehicles has kicked off in partnership with Roush Industries Inc. at its facility in Livonia, Michigan. The…

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Monday Jul 17, 2023 - 10:52 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Receives PO from Ireland-Based Company for Mullen-GO(TM) Commercial Urban Delivery

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received an initial purchase order from the Newgate Motor Group for 30 Mullen-GO Commercial Urban Delivery EVs. The PO is valued at approximately $321,000, and MULN anticipates receiving additional orders as the two companies have previously announced plans for up to 500 vehicles per year.One of Ireland’s best-known dealership groups, Newgate is the marketing,…

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Thursday Jul 13, 2023 - 10:15 am

InvestorNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) EVs Enter Utility Provider Market in Upstate NY

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the launch of an EV pilot program with New York Power Authority (“NYPA”). On July 6, 2023, NYPA, a power generation and transmission company at the forefront of producing and bringing clean, reliable energy to the state, began testing Mullen’s EV Cargo Van, the all-electric Campus Delivery Utility Vehicle, at its location in…

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Monday Jul 10, 2023 - 10:31 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) to Commence 2023 ‘Strikingly Different’ EV Tour

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that the Mullen FIVE EV Crossover will be back on tour this summer with more U.S. stops and additional EV vehicles. The 2023 “Strikingly Different” EV Tour will commence on Aug. 20 in Austin, Texas, and continue through November 2023, and will cover the East Coast, Midwest and Northwest before finishing up in…

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Thursday Jul 06, 2023 - 10:42 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces $25M Stock Buyback Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its board of directors has authorized a stock buyback program. Under the program, the company may, until Dec. 31, 2023, purchase up to $25 million in shares of its outstanding common stock. The shares may be repurchased, from time to time, in the open market or in privately negotiated transactions depending upon…

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Wednesday Jul 05, 2023 - 10:39 am

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Retains Law Firm to Actively Investigate, Combat Naked Short Selling Activities

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it has retained Christian Attar, formally known as Christian Levine Law Group, and in partnership with Warshaw, Burstein, LLP, to combat naked short selling activities. Based on reports from ShareIntel, Mullen believes it may have been the target of a market manipulation scheme involving illegal naked short selling of its common stock…

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Thursday Jun 29, 2023 - 10:09 am

InvestorNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports Sale of EV Cargo Vans to Partner Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has sold 22 EV cargo vans to the Randy Marion Automotive Group, the company’s authorized distributor of commercial EVs in the United States. The sale marks the company’s first revenue, which will be reported in the next quarterly report, for the period ending June 30, 2023. Revenue from the sales will total $308,000. The company…

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Tuesday Jun 27, 2023 - 11:12 am

InvestorNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Series D Holders Exercise Final $100M Investment Option

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that on June 23, 2023, its Series D investors exercised their final option, expiring June 30, 2023, for $100 million. The move resulted in additional funding of $100 million to the company. Mullen now has more than $235 million in cash and cash equivalents on its balance sheet, which is after expending $253…

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Wednesday Jun 21, 2023 - 12:01 pm

InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Moratorium on New Financings, Sufficient Capital for at Least 12 Months

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced an investor financing moratorium for the balance of 2023 and that it has sufficient capital on hand for at least the next 12 months. In addition, the company confirmed that remaining investor option expires on June 30, 2023, and that its assets are unencumbered with the exception of $7.3 million outstanding debt. Mullen…

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