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Mullen Automotive (NASDAQ: MULN) Receives 1,000-Vehicle Order for Class 3 EV Cab Chassis Trucks

Mullen Automotive Inc. (NASDAQ: MULN), a Southern California-based automotive company, today announced its securement of a 1,000-vehicle order for the Mullen THREE, a Class 3 low cab forward (“LCF”) EV truck, from the Randy Marion Automotive Group (“RMA”). Per the news release, deliveries relating to the $63 million purchase order are expected to commence in August 2023.

“Randy Marion continues to set the bar for commercial EV dealerships in the U.S.,” David Michery, CEO and chairman of Mullen Automotive, stated in the news release. “We are proud to be working alongside RMA in getting Mullen’s commercial EVs, starting with our Class 1 and Class 3 EVs, out to our commercial customers.”

To view the full press release, visit https://ibn.fm/ww1n6

About Mullen Automotive Inc.

Mullen Automotive is a Southern California-based automotive company building the next generation of electric vehicles (“EVs”) that will be manufactured in its two United States-based assembly plants. Mullen’s EV development portfolio includes the Mullen FIVE EV Crossover, Mullen commercial class 1 and 3 EVs and Bollinger Motors, which features both the B1 and B2 electric SUV trucks and class 4-6 commercial offerings. On Sept. 7, 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive, and on Dec. 1, 2022, Mullen closed on the acquisition of all of Electric Last Mile Solutions’ (“ELMS”) assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana. To learn more about the company, visit www.MullenUSA.com.

NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://nnw.fm/MULN

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