via IBN – Mullen Automotive, Inc. (NASDAQ: MULN)
(“Mullen” or the “Company”), an electric vehicle (“EV”)
manufacturer, announces today its participation as an Anchor
Organization and panelist at the 2024 Southeastern United States -
Canadian Provinces (“SEUS-CP”) Business Forum, taking place August
4-6 in Biloxi, Mississippi. Mullen is a confirmed Anchor
Organization at this event alongside Airbus, Ingalls Shipbuilding,
Mississippi Polymer Institute at The University of Southern
Mississippi, Mississippi Power, Port of Pascagoula, Skydweller
Aero, and The Coca-Cola Company.
The SEUS-CP alliance was established in 2007 to formally advance
a common interest in enhancing economic ties between the two
regions and is a strategic trade and investment-focused partnership
between six southeastern states and six provinces. The SEUS-CP
alliance meets annually to present clear B2B opportunities for
enhanced commercial exchanges, two-way trade and investment, and
knowledge sharing between and among member states and
provinces.
This year’s business forum focuses on Advanced Manufacturing
(Aerospace and Electric Vehicle Technologies and Components) and
the Blue Economy (Shipbuilding, UAVs, Smart Ports Energy,
Innovative Materials, Innovative Technologies & Data Analytics,
Fisheries & Aquaculture).
“The Southeast U.S. – Canadian Provinces Business Forum is an
invaluable platform that brings together businesses like Mullen
Automotive and Canadian industry leaders across diverse sectors,”
said Mississippi Development Authority Executive Director Bill
Cork. “While this year’s forum will highlight advanced
manufacturing and the blue economy, numerous opportunities for
growth and strategic partnerships for all Mississippi exporters
will be abundant throughout the event. We are grateful to Mullen
Automotive for serving as an anchor organization and panelist at
SEUS-CP 2024 and appreciate the company’s partnership as we strive
to bring new economic opportunities to both regions.”
“Mullen has a deep commitment to the Southeast U.S. region with
our commercial EV manufacturing located in Tunica, Mississippi, and
our participation as an Anchor Organization in this year’s SEUS-CP
forum underscores our focus on Mississippi," said David Michery,
CEO and chairman of Mullen Automotive. “We look forward to
showcasing our innovative lineup of commercial EVs and connecting
with industry leaders, potential customers, and strategic
partners.”
Mullen's commercial electric vehicle manufacturing and assembly
facility located in Tunica, Mississippi, spans 120,000 square feet
across a 100-acre campus. Recently designated as a Foreign Trade
Zone by the U.S. Department of Commerce in May 2024, the Tunica
facility serves as Mullen's innovation hub for commercial electric
vehicle production and validation.
Mullen’s commercial EV lineup includes the Mullen ONE, Class 1
EV cargo van, and the Mullen THREE, Class 3 EV cab chassis truck,
purpose-built to meet the demands of urban last-mile delivery. Both
vehicles are available for sale and in full compliance with U.S.
Federal Motor Vehicle Safety Standards, the Environmental
Protection Agency, and the California Air Resources Board (“CARB”)
certifications denoting strict adherence to clean air emissions
standards.
About SEUS-CPThe Southeastern United States –
Canadian Provinces (SEUS-CP) alliance was established in 2007 to
formally advance a common interest in enhancing economic ties
between the two regions. The alliance is a strategic trade and
investment-focused partnership between six southeastern states and
six provinces. Delegations from each jurisdiction of the alliance
meet annually for a business-to-business business forum,
alternating between host sites in the two countries. Mississippi is
proud to be hosting the 2024 SEUS-CP from Aug. 4 – 6.
Delegations, led by state governors, provincial premiers or their
designees, comprise business and industry leaders from a wide array
of business sectors. The first SEUS-CP was held in 2008 in
Savannah, Georgia, with the 2024 SEUS-CP taking place in Biloxi,
Mississippi.
To learn more about SEUS-CP, visit www.seuscp-b2b.com
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. Recently, CARB issued HVIP
approval on the Mullen THREE, Class 3 EV truck, providing up to a
$45,000 cash voucher at time of vehicle purchase. The Company has
also recently expanded its commercial dealer network with the
addition of Pritchard EV, National Auto Fleet Group, Ziegler Truck
Group, Range Truck Group and Eco Auto, providing sales and service
coverage in key Midwest, West Coast and Pacific Northwest and New
England markets. The Company also recently announced Foreign Trade
Zone (“FTZ”) status approval for its Tunica, Mississippi,
commercial vehicle manufacturing center. FTZ approval provides a
number of benefits, including deferment of duties owed and
elimination of duties on exported vehicles.
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 what benefits, if any, will be achieved by the
Company from its attendance and participation in the 2024
Southeastern United States - Canadian Provinces (“SEUS-CP”)
Business Forum. 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
- Mullen is a Key MS Anchor Company for 2024 Event Being Held
Aug. 4 -6 in Biloxi, Miss.
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