Mullen (MULN) Delivers Total of $3.36 Million Class 1 Cargo Vans to RMA

Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announced 50 additional Class 1 EV cargo vans have been delivered and invoiced for $1,681,750 to Randy Marion Automotive Group (“RMA” or “Randy Marion”).

To date, the Company has delivered 100 Mullen ONE, Class 1 cargo vans for a total invoiced amount of $3,363,500. Mullen is on target to deliver a total of 285 Class 1 vehicles by Jan. 8, 2024.

Mullen ONE production is based out of Tunica, Mississippi, which is home to Mullen’s commercial vehicle assembly for both the Mullen ONE, Class 1 EV cargo van, and the Mullen THREE, Class 3 EV cab chassis trucks. Randy Marion Automotive Group is based in Charlotte, North Carolina, and is one of the top commercial dealer groups in the U.S.

“We ended 2023 with an emphasis on delivering Class 1 and Class 3 vehicles and are now ramping up production to meet the commitments we have for the 2024 demands of our current and future customers,” 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