Welcome to our dedicated page for Mullen Automotive news (Ticker: MULN), a resource for investors and traders seeking the latest updates and insights on Mullen Automotive stock.
Mullen Automotive Inc. (formerly trading as MULN and now operating as Bollinger Innovations, Inc. under the symbol BINI) generates frequent news coverage around its electric vehicle activities, corporate restructuring and capital‑markets developments. Company press releases highlight progress in commercial EV production, expansion of dealer and service networks, and the evolution of its relationship with majority‑owned subsidiary Bollinger Motors.
News items commonly describe the company’s commercial EV lineup, including the Mullen ONE Class 1 EV cargo van and Mullen THREE Class 3 EV cab chassis truck, as well as Bollinger Motors’ Bollinger B4 Class 4 all‑electric commercial truck. Coverage often focuses on regulatory certifications, such as CARB and EPA approvals, and participation in state and federal incentive programs that support fleet electrification.
Another recurring theme in MULN/BINI news is corporate and strategic change. Articles and filings have detailed Mullen’s acquisition and increasing ownership stake in Bollinger Motors, the consolidation of Mullen and Bollinger operations, and the 2025 corporate name change to Bollinger Innovations, Inc. with a corresponding Nasdaq ticker change from MULN to BINI. Updates on cost‑reduction efforts, operational consolidation to locations such as Oak Park, Michigan, and legal settlements, including the transfer of the Mishawaka, Indiana facility to GEM entities, also appear in recent releases.
Investors following MULN/BINI news will also see announcements related to new products and markets, such as the relaunch and planned sales of the high‑performance Mullen FIVE RS EV Crossover in Germany and other regions, and initiatives like accepting cryptocurrency as payment for Mullen and Bollinger commercial EVs. Capital‑markets updates, including reverse stock split actions, preferred stock designations, and Nasdaq listing compliance matters, are typically disclosed through SEC filings and accompanying press releases.
This news page aggregates these company‑issued updates and related coverage, giving readers a single place to review developments in Mullen/Bollinger Innovations’ commercial EV business, subsidiary activities, financing transactions and listing‑status communications over time.
Mullen Automotive has appointed Richard Curtis as President of International Operations, focusing on existing partnerships and expanding business opportunities for their electric vehicles. With over 35 years of automotive experience, including leadership roles at Imperium Motor Company and Lithia Automotive, Curtis is set to enhance Mullen's international presence, particularly in Asia. Additionally, the company plans a U.S. Test Drive Tour across 19 cities this fall, aiming to boost consumer engagement and brand visibility.
Mullen Automotive (NASDAQ: MULN) has announced several key hires across its vehicle engineering, integration, powertrain, and manufacturing teams to support the expansion of its electric vehicle programs, specifically the Mullen FIVE EV Crossover and Mullen ONE EV Cargo Van. New personnel have joined various facilities in California and Mississippi, enhancing the company's capabilities in these sectors. CEO David Michery emphasized the importance of these hires in fulfilling the company's commitment to creating jobs in the U.S. and advancing its EV initiatives.
Mullen Automotive has made significant strides in its partnership with Linghang Guochuang Group (LGG) to develop solid-state polymer battery technology for its second-generation Mullen FIVE EV Crossover. The partnership, active since 2019 and resumed after COVID-19 disruptions, is focused on integrating solid-state cells into vehicle packs. Testing shows potential for a range of up to 600 miles on a full charge, with over 300 miles achievable in just 18 minutes with DC fast charging. The company aims to enhance its EV offerings to better meet consumer demands.
Mullen Automotive (NASDAQ: MULN) reported preliminary financial results for the period ending March 31, 2022. Cash and cash equivalents rose to $65.2 million, primarily from the Series C Preferred Stock issuance. Total assets increased to over $100 million, up approximately 138.4%. Stockholders’ equity improved from a $10.5 million deficit to a surplus of $52.6 million. The company also announced a partnership with Thurner Design to develop the Mullen FIVE RS, a high-performance EV crossover.
Mullen Automotive (NASDAQ: MULN) has provided an update on its solid-state polymer battery testing at the Battery Innovation Center (BIC) in Indiana. The facility has completed cell preconditioning and is preparing to enter high rate cycling, with results expected soon. This technology aims to produce a 150-kWh battery, promising over 600 miles of range for the Mullen FIVE EV. The company is optimistic about the battery performance, with final results anticipated later this month.
Mullen Automotive announces the inclusion of the high-performance Mullen FIVE RS in the second leg of its ‘Strikingly Different’ U.S. Test Drive Tour, extending through May 2023.
The Mullen FIVE RS boasts nearly 1,100 horsepower, accelerating from 0-60 mph in just 1.95 seconds and reaching close to 200 mph. Consumer test drives will be provided alongside professional drivers rather than directly. The tour will visit multiple cities, including Los Angeles, Las Vegas, and the Bonneville Salt Flats, with an emphasis on showcasing the vehicle's performance.
Mullen Automotive (NASDAQ: MULN) is set to launch a 19-city national test drive tour for its Mullen FIVE EV Crossover, starting in October. This event aims to provide reservation holders a chance to experience the vehicle first-hand. Each city will host a two-day event allowing limited participants to test drive on closed tracks. Key cities include Los Angeles, New York, and Chicago. CEO David Michery expressed excitement about the tour, which is a response to positive feedback from past events like the LA Auto Show.
Mullen Automotive has filed its ATVM loan application for the Mullen ONE EV Cargo Van Program with the U.S. Department of Energy, marking a significant milestone in its electric vehicle (EV) initiative. Submitted on April 29, 2022, the funds will support high-volume production at its Mississippi facility. The Mullen ONE EV is positioned to compete in the Class 1 light commercial van market. The ATVM Loan Program, established to promote U.S. manufacturing of light-duty vehicles, has seen over $8 billion in loans issued since its inception.
Mullen Automotive recently featured in a Q&A with The Buzz, discussing its electric vehicle plans, particularly the upcoming FIVE EV Crossover. Executives, including CEO David Michery, highlighted the company’s partnerships with key players in the EV industry, which aim to expedite the development and rollout of their vehicles. Mullen reported over $65 million in cash as of Q2 '22, showcasing financial stability. The interview emphasized the company's commitment to innovation, with over 120 patents filed globally related to the FIVE.
Mullen Automotive (MULN) is testing a solid-state polymer battery cell expected to enable over 600 miles of range for its Mullen FIVE EV Crossover. The tests will be conducted at the Battery Innovation Center in Indiana, with results anticipated in early May 2022. Previous tests indicated that the battery achieved an impressive 343 Ah at 4.3 volts. Mullen has $65 million in cash as of Q2 2022, with strategic partnerships aimed at expediting the EV rollout, including collaborations with companies like hofer powertrain and Dürr.