Westland Floral Purchases Mullen Class 3 EV Trucks for Southern California Landscaping Fleet
Rhea-AI Summary
Mullen Automotive (NASDAQ: MULN) announces a purchase order from Westland Floral for two Mullen THREE Class 3 EV trucks. The vehicles, featuring service body upfits by Phenix Truck Bodies & Van Equipment, were fulfilled by Pritchard and include California HVIP incentives. The Mullen THREE offers a 38-foot turning diameter, payload capacity over 5,800 pounds, and can accommodate bodies up to 14 feet long.
The vehicles are fully compliant with U.S. Federal Motor Vehicle Safety Standards, EPA, and CARB certifications. The Mullen THREE qualifies for significant incentives: $15,000 through Massachusetts MOR-EV program, $45,000 through California HVIP, and $7,500 Federal Tax Incentive.
Positive
- Secured new commercial order for two Class 3 EV trucks
- Vehicles qualify for multiple incentives totaling up to $67,500 per vehicle
- Full compliance with federal safety and emissions standards
Negative
- Small order size of only two vehicles indicates revenue impact
News Market Reaction
On the day this news was published, MULN declined 0.93%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Westland’s Class 3 service body upfits completed by Phenix Truck Bodies & Van Equipment.
Vehicle order fulfilled by Pritchard and includes California HVIP incentives approval on vehicles purchased.
BREA, Calif., Dec. 26, 2024 (GLOBE NEWSWIRE) -- via InvestorWire – Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer announces a Class 3 EV truck purchase order from Westland Floral (“Westland”). The order includes two Mullen THREE, Class 3 EV trucks with vehicle upfits performed by Phenix Truck Bodies & Van Equipment (“Phenix”) in Pomona, California. The vehicle order was fulfilled by Pritchard and includes California HVIP incentives approval for the Class 3 EVs Westland purchased.
The Mullen THREE features a tight turning diameter of 38 feet and excellent visibility for superior maneuverability on narrow city streets. Its versatile chassis provides a clean top-of-rail for easy upfitting with bodies up to 14 feet long and over 5,800 pounds of payload.
"Westland Floral’s decision to incorporate the Mullen THREE into their fleet demonstrates the growing recognition of EVs as a cost-effective and sustainable solution," said Ben Hartford, EV sales manager for Pritchard Commercial. "By utilizing California’s HVIP incentives, they are not only reducing their operational costs but also making a meaningful commitment to environmental sustainability."
David Michery, CEO and chairman of Mullen Automotive said: “We are very confident our Class 3 trucks will deliver performance and savings, providing Westland a clean and efficient option for their fleet. It’s also great that Westland was able to take advantage of the California HVIP incentive, which is an incredible program and incentive offered to fleets in California.”
Mullen’s commercial EV lineup includes the Mullen ONE, Class 1 EV cargo van, and the Mullen THREE, Class 3 EV cab chassis truck, purpose-built to meet the demands of urban last-mile delivery. Both vehicles are available for sale and in full compliance with U.S. Federal Motor Vehicle Safety Standards, the Environmental Protection Agency, and the California Air Resources Board (“CARB”) certifications denoting strict adherence to clean air emissions standards.
The Mullen THREE recently qualified for a
About Mullen
Mullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with two United States-based vehicle plants located in Tunica, Mississippi, (120,000 square feet) and Mishawaka, Indiana (650,000 square feet). In August 2023, Mullen began commercial vehicle production in Tunica. In September 2023, Mullen received IRS approval for federal EV tax credits on its commercial vehicles with a Qualified Manufacturer designation that offers eligible customers up to
To learn more about the Company, visit www.MullenUSA.com.
Forward-Looking Statements
Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Mullen and are difficult to predict. Examples of such risks and uncertainties include but are not limited to whether any additional vehicles will be ordered by Westland Floral or how long local and federal governmental incentives for electric vehicles will be available. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Mullen with the Securities and Exchange Commission. Mullen anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Mullen assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Mullen’s plans and expectations as of any subsequent date.
Contact:
Mullen Automotive, Inc.
+1 (714) 613-1900
www.MullenUSA.com
Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com
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FAQ
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