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Mullen Automotive Inc MULN

Consumer Cyclical Auto Manufacturers
Mullen Automotive Inc. is an automotive company building electric vehicles (EVs). The Company is building and delivering commercial trucks. It also has a portfolio of passenger vehicles in various stages of product development. The Company’s segments include Bollinger and Mullen/ELMS. The Bollinger segment includes medium duty truck classes 4-6, along with the sport utility and pickup trucks EVs. The Mullen/ELMS segment builds Class one and Class three electric vehicles. Its EV development portfolio includes the Mullen FIVE EV Crossover, Mullen-GO Commercial Urban Delivery EV, Mullen Commercial Class 1-3 EVs and Bollinger Motors, which features both the B1 and B2 electric sport utility vehicle (SUV) trucks and Class 4-6 commercial offerings. The Mullen ONE van features specifications offering a fit for a variety of applications, including package delivery. The Mullen THREE is a Class three commercial electric vehicle targeting over 5,684 pounds of max payload.


NDAQ:MULN - Post by User

Mullen Automotive Inc
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Post by PressReleaseon Nov 02, 2022 8:00am
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Post# 35065487

New Press Release - Mullen Automotive Announces Elimination of Approximately $13 Million in Debt, With Less than $10 Million of Debt Remaining

New Press Release - 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 Eliminate Debt Service Obligations, Further Improving Overall Financial HealthBREA, CA, Nov. 02, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging...read article.
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