Mullen Automotive Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, announces today that in connection with the Company's plan to change its name to Bollinger Innovations, Inc., NASDAQ recently approved a new stock symbol — BINI. The effective date for the change of the Company's name and stock symbol is yet to be determined.

The Company also announces the rebranding of its Oceanside, California, Commercial Vehicle Center to Bollinger Innovations, Inc. This strategic location, based right off of Interstate 5 in the Southern California gateway city of Oceanside, is situated on the northern tip of San Diego County and just outside of the Camp Pendleton military base. Businesses throughout the San Diego region can easily access the Commercial Vehicle Center and explore available inventory, test drive and purchase the Company's commercial EVs.