Mullen Announces Development of Zero-Emissions, All-Electric PowerUP Mobile EV Charging Truck
May 28 2024 - 9:00AM
via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the
“Company”), an electric vehicle (“EV”) manufacturer, announces
today the development of a ZERO-EMMISSIONS version of PowerUP,
Mullen’s mobile EV charging solution, that will now be offered on
the Company’s own Class 3 all-electric cab chassis truck.
Mullen’s PowerUP was first introduced in July 2023 as a mobile
EV charging truck delivering level 2 and level 3 DC fast charging
capabilities in scenarios where such power is not available,
including roadside assistance and emergency response where
immediate power is required for recharging electric vehicles or
emergency power backup.
The new zero-emissions PowerUP mobile charging truck represents
a strategic pivot from the previously announced model which
utilized a gasoline Class 5 cab chassis platform and a dual-fuel
(propane/natural gas) power generation unit. This shift to a 100%
zero-emission model reflects Mullen's commitment to sustainable
transportation solutions and aligns with the overwhelming market
demand for zero-emission options in the mobile EV charging
space.
Now available with multiple platform integration and scaling
options including the Mullen THREE Class 3 cab chassis truck, the
zero-emissions PowerUP system also offers significant improvements
in charging capabilities and versatility. The zero-emissions mobile
charging solution is intended to be a scalable battery platform
that can be configured to meet various market needs, ranging from
10kW to 1MW and can utilize new or re-purposed battery cells. It
features Level 3 DC fast charging, off-grid AC power, and
micro-grid connectivity, making it suitable for multiple
applications. An additional significant advantage of the battery
powered PowerUP is quiet operation with minimal noise pollution,
unlike traditional fossil fuel powered generators. This benefit
makes it ideal for use in noise-sensitive environments like urban
centers, hospitals, parking garages, campuses and even residential
areas.
Mullen PowerUP – Zero-Emissions Mobile Charging
Truck
- Vehicle: Mullen THREE, all-electric Class 3 EV cab
chassis truck
- Peak Capacity: 160 kWh (Scalable to 1 MWh)
- Outputs:
- 2 X Level 3 Fast Chargers (60 kW each output)
- 20kW (up to 160kW) 120V/240V/480V AC Output
- 12V jumper terminals
- Additional PowerUP Recharging Options:
- Solar and wind off grid power generation
- Bi-directional 480V grid connection
“We're constantly innovating and adapting to meet the evolving
needs of the industry," said David Michery, CEO and chairman of
Mullen Automotive. "The feedback on the initial PowerUP concept was
overwhelmingly positive, but the market is clearly looking for a
zero-emission solution. By leveraging our all-electric Mullen
THREE, the new PowerUP delivers recharging at a higher level of
scalability and performance while offering zero emissions for both
the vehicle and power unit."
Mullen is developing PowerUP at its High Energy Facility located
in Fullerton, California. This facility is dedicated to producing
the next-generation of American-made EV battery packs and its
expansion to include PowerUP aligns perfectly with Mullen's vision
of creating a comprehensive electric vehicle ecosystem built in the
United States. Additionally, Mullen’s acquisition of battery pack
production assets from Romeo Power significantly accelerates the
development of PowerUP as a battery based mobile charging
solution.
About MullenMullen Automotive (NASDAQ: MULN) is
a Southern California-based automotive company building the next
generation of commercial electric vehicles (“EVs”) with two United
States-based vehicle plants located in Tunica, Mississippi,
(120,000 square feet) and Mishawaka, Indiana (650,000 square feet).
In August 2023, Mullen began commercial vehicle production in
Tunica. In September 2023, Mullen received IRS approval for federal
EV tax credits on its commercial vehicles with a Qualified
Manufacturer designation that offers eligible customers up to
$7,500 per vehicle. As of January 2024, both the Mullen ONE, a
Class 1 EV cargo van, and Mullen THREE, a Class 3 EV cab chassis
truck, are California Air Resource Board (“CARB”) and EPA certified
and available for sale in the U.S.
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, but are
not limited to, timelines associated with the development of the
Zero Emissions version of PowerUP and whether the Company will
achieve its objectives of the PowerUP being a scalable battery
platform with the stated anticipated performance, features,
specifications and capabilities. Additional examples of such risks
and uncertainties include but are not limited to: (i) Mullen’s
ability (or inability) to obtain additional financing in sufficient
amounts or on acceptable terms when needed; (ii) Mullen's ability
to maintain existing, and secure additional, contracts with
manufacturers, parts and other service providers relating to its
business; (iii) Mullen’s ability to successfully expand in existing
markets and enter new markets; (iv) Mullen’s ability to
successfully manage and integrate any acquisitions of businesses,
solutions or technologies; (v) unanticipated operating costs,
transaction costs and actual or contingent liabilities; (vi) the
ability to attract and retain qualified employees and key
personnel; (vii) adverse effects of increased competition on
Mullen’s business; (viii) changes in government licensing and
regulation that may adversely affect Mullen’s business; (ix) the
risk that changes in consumer behavior could adversely affect
Mullen’s business; (x) Mullen’s ability to protect its intellectual
property; and (xi) 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
- PowerUP - Class 3 Mobile EV Charging Truck
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