Mullen Automotive Announces Addition of Detroit EV Technology Team; Team will focus on EV technology development for Mullen's portfolio of commercial vans
Mullen Automotive Announces Addition of Detroit EV Technology Team; Team will focus on EV technology development for Mullen's portfolio of commercial vans , - via InvestorWire - (NASDAQ: MULN) ('Mullen' or the 'Company'), an emerging electric vehicle ('EV') manufacturer, an emerging electric vehicle ('EV') manufacturer, announces the opening of a new team, focusing on developing EV technologies for Mullen's portfolio of commercial vans. The Detroit Tech Center will be the fifth location opened by Mullen and follows the recently announced Irvine Automotive Center, located in . Today, the Company is working diligently to provide exciting EV options built entirely in and made to fit perfectly into the American consumer's life. These forward-looking statements include, without limitation, statements relating to the reverse merger, the Nasdaq approval process, and the proposed debut date of the Mullen FIVE (formerly MX-05) midsize crossover.
Published : 2 years ago by MarketScreener in Finance Auto Markets
, - via InvestorWire - (NASDAQ: MULN) ('Mullen' or the 'Company'), an emerging electric vehicle ('EV') manufacturer, an emerging electric vehicle ('EV') manufacturer, announces the opening of a new team, focusing on developing EV technologies for Mullen's portfolio of commercial vans.
Located in , and centrally located to all automotive resources the has to offer, the team will be home to a new division of engineers and technology developers focused on Mullen's Class 1 - 5 commercial vehicle development. This 'Detroit Tech Center' and its team will play a critical role in Mullen's goal of developing highly efficient EV technology that utilizes less energy consumption while offering greater vehicle ranges and power. Mullen has already brought on close to 20 new hires and expects to have upwards of 50 employees by the end of this year.
The Detroit Tech Center will be the fifth location opened by Mullen and follows the recently announced Irvine Automotive Center, located in . Other Mullen facilities include the Advanced Manufacturing and Engineering Center based outside , and Mullen's High Voltage facility Iocated in . Mullen's Corporate Headquarters is based in .
' is a natural spot for us for all the right and obvious reasons. A majority of our current partners are based in , so opening this center made perfect sense for our ongoing and future commercial van development,' said David Michery, CEO and chairman of . 'It is great timing for us as many of the other EV companies are reducing their teams, and we are growing at a rapid rate.'
Mullen's EV development portfolio includes the Mullen FIVE EV Crossover, the Mullen ONE EV Fleet Vans, and the DragonFLY Sports Car. Mullen recently announced the 'Strikingly Different' Test Drive Tour for the Mullen FIVE EV Crossover, covering 19 cities across the The tour will begin this fall in and work its way throughout the Further details can be found here, or place your Mullen FIVE reservation here.
Mullen is a -based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the Company is working diligently to provide exciting EV options built entirely in and made to fit perfectly into the American consumer's life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership. For more information, please visit www.MullenUSA.com.
This press release contains 'forward-looking statements.' Words such as 'may,' 'should,' 'could,' 'would,' 'predicts,' 'potential,' 'continue,' 'expects,' 'anticipates,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates' and similar expressions, as well as statements in the future tense, often signify forward-looking statements. These forward-looking statements include, without limitation, statements relating to the reverse merger, the Nasdaq approval process, and the proposed debut date of the Mullen FIVE (formerly MX-05) midsize crossover. These forward-looking statements are, by their nature, subject to significant risks and uncertainties.
Forward-looking statements should not be read as a guarantee of future performance or results and may not be accurate indications of when such performance or results will be achieved. Forward-looking statements are based on information that the Company has when those statements are made or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements, including factors beyond the Company's control. As a result of these and other risks, uncertainties, and assumptions, forward-looking events and circumstances discussed herein might not occur in the way the Company expects or at all. Accordingly, readers should not place reliance on any forward-looking information or statements. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events, or otherwise. All forward-looking statements herein are qualified by reference to the cautionary statements set forth in this section.
Topics: Michigan, Detroit, Vans