That’s a Wrap: 2022 Mullen FIVE Strikingly Different Tour Closes with Great Success
December 20 2022 - 8:00AM
via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN)
(“Mullen” or the “Company”), an emerging electric vehicle (“EV”)
manufacturer, announces today a successful close to the 2022 Mullen
FIVE Strikingly Different Test Drive Tour. Mullen closed out the
2022 tour on Dec. 16 in Charlotte, North Carolina, at the Charlotte
Motor Speedway after completing stops in nine U.S. cities.
Mullen kicked off the “Strikingly Different” tour on Oct. 27 at
the Rose Bowl in Pasadena, California. In total, the Mullen FIVE EV
Crossover tour visited nine different U.S. cities throughout the
West Coast, Southern and southeastern parts of the country. U.S.
cities visited included the following:
October 2022Rose Bowl | Pasadena, CAAngel
Stadium | Anaheim, CA
November 2022Las Vegas Motor Speedway | Las
Vegas, NVGlobe Life Field | Dallas, TXMinute Maid Park | Houston,
TXWolfchase Galleria | Memphis, TN
December 2022loanDepot Park| Miami, FLAtlanta
Motor Speedway | Atlanta, GACharlotte Motor Speedway | Charlotte,
NC
In spring 2023, Mullen will launch the second leg of the
“Strikingly Different” Tour with a focus on the East Coast,
Northwest and Midwest before finishing up in northern California in
summer 2023. The second leg of the tour will feature the Mullen
FIVE RS, which is a high-performance EV sport crossover featuring
1,100 horsepower, a top speed of 200 mph and acceleration from 0-60
mph in just 1.9 seconds.
“We had tremendous success on the first leg of the Mullen FIVE
tour,” said David Michery, CEO and chairman of Mullen Automotive.
“Every location sold out, and we received overwhelmingly positive
feedback on the Mullen FIVE. I want to personally thank everyone
who came out, often in not the best weather, to visit with us and
experience the FIVE in person. Thank you all very much.”
About MullenMullen Automotive (NASDAQ: MULN) 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 1-3 EVs and Bollinger Motors, which features both
the B1 and B2 electric SUV trucks and Class 4-6 commercial
offerings. The Mullen FIVE, the Company's first electric crossover,
is slated for delivery in 2025 and features an award-winning design
and its patented PERSONA technology that utilizes facial
recognition to personalize the driving experience for every
individual. 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.
Forward-Looking StatementsCertain statements in
this press release that are not historical facts are
forward-looking statements within the meaning of Section 27A of the
Securities Exchange Act of 1934, as amended. Any statements
contained in this press release that are not statements of
historical fact may be deemed forward-looking statements. Words
such as "continue," "will," "may," "could," "should," "expect,"
"expected," "plans," "intend," "anticipate," "believe," "estimate,"
"predict," "potential" and similar expressions are intended to
identify such forward-looking statements. All forward-looking
statements involve significant risks and uncertainties that could
cause actual results to differ materially from those expressed or
implied in the forward-looking statements, many of which are
generally outside the control of Mullen and are difficult to
predict. Examples of such risks and uncertainties include whether
the second leg of the tour will take place as contemplated and, if
so, whether it will include the Mullen FIVE RS. Further examples of
such risks and uncertainties include but are not limited to: (i)
whether the commercial product launches will materialize within the
slated timelines; (ii) whether Mullen’s vehicles will perform
according to contemplated specifications; (iii) Mullen’s ability
(or inability) to obtain additional financing in sufficient amounts
or on acceptable terms when needed; (iv) Mullen's ability to
maintain existing, and secure additional, contracts with
manufacturers, parts and other service providers relating to its
business; (v) Mullen’s ability to successfully expand in existing
markets and enter new markets; (vi) Mullen’s ability to
successfully manage and integrate any acquisitions of businesses,
solutions or technologies; (vii) unanticipated operating costs,
transaction costs and actual or contingent liabilities; (viii) the
ability to attract and retain qualified employees and key
personnel; (ix) adverse effects of increased competition on
Mullen’s business; (x) changes in government licensing and
regulation that may adversely affect Mullen’s business; (xi) the
risk that changes in consumer behavior could adversely affect
Mullen’s business; (xii) Mullen’s ability to protect its
intellectual property; and (xiii) local, industry and general
business and economic conditions. Additional factors that could
cause actual results to differ materially from those expressed or
implied in the forward-looking statements can be found in the most
recent annual report on Form 10-K, quarterly reports on Form 10-Q
and current reports on Form 8-K filed by Mullen with the Securities
and Exchange Commission. Mullen anticipates that subsequent events
and developments may cause its plans, intentions and expectations
to change. Mullen assumes no obligation, and it specifically
disclaims any intention or obligation, to update any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as expressly required by law.
Forward-looking statements speak only as of the date they are made
and should not be relied upon as representing Mullen’s plans and
expectations as of any subsequent date.
Contact:Mullen Automotive, Inc.+1 (714)
613-1900www.MullenUSA.com
Corporate Communications:InvestorBrandNetwork
(IBN) Los Angeles, California www.InvestorBrandNetwork.com
310.299.1717 Office Editor@InvestorBrandNetwork.com
- First Leg of Mullen FIVE Tour Closed on Dec. 16 in Charlotte,
North Carolina
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