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Bollinger Innovations, Inc., formerly Mullen Automotive Inc. (MULN), reports developments in commercial electric vehicles and corporate status. Updates include the Mullen ONE Class 1 EV cargo van, Mullen THREE Class 3 EV cab chassis truck and Bollinger Motors’ B4 Class 4 all-electric truck, along with vehicle certifications, production activity, dealer-network coverage, fleet-incentive programs, payment options and commercial sales support.
News also documents the completed name and ticker change to BINI, the Bollinger Motors subsidiary relationship, corporate and legal resolutions, capital actions and operating consolidation tied to the company’s commercial EV strategy.
Mullen Automotive will showcase its Mullen FIVE EV Crossover and introduce level 5 autonomous technology at CES® in Las Vegas from January 4-8, 2022. Following a positive reception at the L.A. Auto Show, where the FIVE was recognized as the best-looking vehicle and won the Top SUV EV category, Mullen aims to capitalize on this momentum. The company will feature a media presentation on January 5, demonstrating its innovative powertrain and battery technologies to enhance EV accessibility in the U.S.
Mullen Automotive has commenced initial validation testing for its Class 2 EV cargo vans at the AMEC facility in Tunica, Mississippi. The Class 2 van features a 144-inch wheelbase, an 78.8-kWh battery pack, and a maximum payload capacity of 3,296 pounds. The estimated range exceeds 200 miles, and deliveries to fleet order customers are anticipated to begin in Q2 2022. CEO David Michery expressed optimism regarding the manufacturing program and highlighted the significance of the Mullen ONE as a pivotal product.
Mullen Automotive has increased the reservation capacity for its Mullen FIVE EV Crossover from 5,000 to 25,000 units due to overwhelming demand during the LA Auto Show. The first 25,000 reservations will receive a custom 'Launch' edition with special trim options. The FIVE debuted on November 17, 2021, garnering significant media attention and consumer interest, leading to record-high reservations by November 20, 2021. The vehicle won the Top EV SUV award at the show, further solidifying its appeal.
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Mullen Automotive has debuted its new FIVE EV Crossover SUV at the LA Auto Show, marking a significant milestone for the company. Scheduled for its first public appearance today at 1:50 p.m., the FIVE is also a finalist for the LAIAS ZEVAS Award for Top SUV Zero Emission Vehicle. Mullen plans to showcase various models and technologies during the event, which runs from Nov. 19-28. CEO David Michery highlighted the importance of this debut against strong competitors like Rivian R1S and Lincoln Aviator Grand Touring.
Mullen Automotive (NASDAQ: MULN) has successfully purchased the Tunica, Mississippi Advanced Manufacturing and Engineering Center (AMEC) without debt. This facility will support the production of class 1 and class 2 EV cargo vans and the Mullen FIVE EV Crossover. A hiring ramp-up is underway to fill skilled trades and support staff positions as part of the preproduction phase. Mullen plans to debut the FIVE model at the Los Angeles International Auto Show on November 17, 2021. The total land available at AMEC exceeds 100 acres, with plans for extensive manufacturing space enhancements.
Mullen Automotive has announced the hiring of key personnel to enhance its electric vehicle operations. Dr. Marc Papakyriakou joins as Battery R&D Manager, focusing on advanced battery technologies. Dr. George Qingyuan Hu will be the Vehicle Program Manager for China operations, overseeing crucial product launches and supplier negotiations. Jillian Green, appointed as VP of Business & Legal Affairs, brings extensive experience in cyber and privacy litigation. These hires come as Mullen recently began trading on NASDAQ under the ticker MULN and prepares to debut its FIVE EV Crossover at the upcoming LA Auto Show.
Mullen Automotive has successfully completed its reverse merger with Net Element, and is now trading on NASDAQ under the ticker MULN. The merger consolidates Mullen's position in the electric vehicle market, with 51,173,640 shares outstanding. Post-merger, 85% of shares were allocated to existing stockholders. Mullen plans to debut its FIVE EV Crossover at the Los Angeles International Auto Show on November 17. This transition marks a significant step for Mullen, allowing for expanded development of electric vehicle technologies.
Mullen Automotive has started trading on the Nasdaq under the ticker symbol MULN. This milestone is seen as a significant step for the company, enhancing its visibility to investors and expanding its profile in the electric vehicle market. CEO David Michery expressed pride in the achievement, stating it opens new opportunities for Mullen's innovative technologies. Additionally, the company is set to unveil the FIVE EV Crossover at the Los Angeles International Auto Show on November 17, 2021, showcasing its advanced powertrains and battery solutions.