Mullen Automotive, Inc. an emerging electric vehicle (“EV”) manufacturer, announces today it has secured exclusive sales, distribution and branding rights to the new compact urban delivery electric vehicle, the I-GO, which is fully EU Standard homologated and certified for sale in select European markets.
Perfect for urban European markets, the I-GO bridges the gap between the growing demand for quick deliveries and space constraints found throughout the dense cities of Europe.
There is high demand for ready-to-market urban delivery vehicles in Europe. The Company has seized the opportunity to extend its branding and marketing reach to the European market through its partnership with the manufacturers of the I-GO. The Mullen I-GO, intended for companies focusing on last-mile deliveries, is based on a 96-inch wheelbase, 16.5-kWh battery pack, rear-wheel drive, and a curb weight of 1,753 lbs. With a range of 124 miles, according to NEDC estimate, the vehicle can easily handle the stop/go and weave in/out typical of narrow European urban streets. The I-Go was built with the intention of getting to the customer’s door faster, all while decreasing pollution and congestion levels across Europe. The I-GO will have a starting price of $11,999 plus VAT and local transportation and will be retailed and serviced through local European distributors.
“Securing the exclusive sales, distribution, and branding rights in major European countries for a ready-to-market electric commercial delivery vehicle is a huge win for the Company. The Company plans on licensing its rights to established dealerships in these desirable European markets. Essentially, this transaction provides the Company with revenue-generating opportunities and promotes and extends the Company’s brand into other countries while at the same time allowing the Company to remain fully focused on its mission of manufacturing its lineup of electric vehicles in the USA. The goal has always been for Mullen to build a complete line of commercial electric vehicles, and we realized that one of the most critical issues today is inefficient last-mile delivery in urban markets,” said David Michery, CEO and chairman of Mullen Automotive. “The introduction of the I-GO, a fully EU homologated vehicle, creates opportunities for the Company in Europe where there is a huge demand for this type of small delivery vehicle.”
The I-GO will join Mullen’s current commercial vehicle lineup, which includes Class 1 and 2 EV cargo vans. Mullen recently made a majority acquisition of Bollinger Motors, whose portfolio includes Class 3 through Class 6 commercial vehicles. In addition to securing the exclusive sales, distribution, and branding rights for the I-GO for Spain, France, Germany, UK, and Ireland, the Company entered into an Asset Purchase Agreement to acquire all assets of Electric Last Mile Solutions, Inc. and Electric Last Mile, Inc. (“ELMS”) from the ELMS Bankruptcy Estates.
Mullen Automotive is a Southern California-based automotive company building the next-generation of premium electric vehicles (EVs) that are affordable and built entirely in the United States. With an end-to-end ecosystem that supports owners from test driving to financing and servicing through a unique hybrid dealership model, customers are supported through every aspect of EV ownership. The Mullen FIVE, the company’s first electric crossover, is slated for delivery in 2024 and features an award-winning design and its patented PERSONA technology that utilizes facial recognition to personalize the driving experience for every individual. To learn more about the company, visit www.MullenUSA.com.