The EV startup Mullen Automotive announced on Monday National Auto Fleet Group as a new dealership in California for its commercial electric fleet.
The EV startup Mullen Automotive announced on Monday that its Board of Directors has adopted a limited duration stockholder rights plan. As of the time of writing, Mullen shares are trading 32 percent higher at $5.52 per share following the news.
The shares of the US startup Mullen Automotive are trading 30 percent higher on Monday following the approval of Mullen Three for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project.
U.S. startup Mullen Automotive announced on Thursday that intends to expand its commercial vehicle distribution in Europe, aiming to sell 800 units starting later this year. In the statement, the specific countries where Mullen models would distributed were not specified.
Mullen Automotive announced on Monday the starting of a "significant cost reduction and consolidation measures" expecting the measures to save $170 million over the next 12 months.
