Mullen Delivers 50 Class 1 EV Cargo Vans And Invoices Randy Marion Automotive Group For $1,680,000

Mullen Automotive, Inc. - Common Stock -14.21% Pre

Mullen Automotive, Inc. - Common Stock

MULN

3.23

3.23

-14.21%

0.00% Pre

Mullen intends to deliver 285 Class 1 vehicles within the next five business days

Mullen to close fiscal first quarter on Dec. 31 with over $6,054,300 invoiced for Class 1 vehicles

Vehicles delivered to Randy Marion are part of the 6,000 Class 1 vehicle purchase order of $200,000,000; majority of vehicles to be delivered through calendar year 2024



 

BREA, Calif., Dec. 28, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, today announces delivery of 50 all-electric Mullen ONE, Class 1 cargo vans to Randy Marion Automotive Group ("RMA" or "Randy Marion") with the Company invoicing RMA for $1,680,000.

The Company anticipates shipping and invoicing a total of 285 Mullen ONE cargo vans within the next five business days to Randy Marion Automotive Group.

"With the advance of last-mile delivery and the growth of in-home services, the Mullen ONE EV cargo van is in strong demand," said Brad Sigmon, fleet vice president at Randy Marion Automotive. "The Mullen ONE is an extremely versatile offering and the diversity of interest ranges from delivery companies to municipal clients to small business operators."

"We are proud to launch and scale multiple production lines to meet customer demands," said David Michery, CEO and chairman of Mullen Automotive.

Mullen ONE, Class 1 Urban Delivery EV Cargo Van

The Mullen ONE is anticipated to be the first EV cargo van for sale in the U.S. market in the Class 1 commercial vehicle segment. This van was designed for last-mile delivery, with best-in-class cargo volume, payload and turning diameter to easily navigate through narrow urban streets and residential roads. 

Mullen ONE, Class 1 EV Cargo Van Highlights:  

  • 110-mile estimated range 
  • 4,881 lbs. GVWR 
  • 1,683 lbs. max payload
  • 157-cubic-feet cargo volume
  • 20-foot turning radius

View full vehicle specifications for the Mullen ONE here

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