Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces its achievement of a key milestone with full approval from the Environmental Protection Agency (“EPA”) that provides Mullen with the EPA’s Certificate of Conformity for Class 1 EV cargo vans on Nov. 2, 2023.
Both Mullen’s commercial Class 1 and Class 3 EV vehicles have now received EPA certification, which is a key milestone for selling vehicles in the U.S. Mullen’s Class 3 EV cab chassis truck received EPA certification on Sept. 22, 2023. Class 3 vehicle production began in August 2023, with the first vehicles rolling off the assembly line on Aug. 21, 2023, and Class 1 vehicle production began on Nov. 2, 2023.
The Mullen Class 1 EV cargo van has completed all mandatory testing requirements for Federal Motor Vehicle Safety Standards (“FMVSS”) and compliance. With EPA certification in hand and FMVSS compliance, Mullen will begin shipments of Class 1 EVs to its distributor, Randy Marion Automotive (“RMA”), once the vehicles have completed all production and end-of-line testing requirements.
Mullen previously announced on Dec 14, 2022, a $200 million vehicle purchase order with Randy Marion Automotive for 6,000 all-electric Class 1 EV cargo vans. RMA is one of the largest and most respected commercial vehicle dealer groups in the U.S.
“With this EPA final approval, Mullen is all hands-on deck and laser-focused on production and deliveries to our commercial customers,” said David Michery, CEO and chairman of Mullen Automotive.
The Mullen ONE is a Class 1 commercial electric cargo van, anticipated to be the first of its kind in the U.S. market. This van is designed to navigate within narrow urban streets and residential roads, all while maximizing payload and cargo space. The Mullen ONE’s height is less than 6.5 feet, meaning the driver can park the vehicle in a residential garage.
Mullen ONE, Class 1 Urban Delivery EV Cargo Van
Starting MSRP: $34,500
Confirmed available federal tax credit: $7,500
Vehicle net price: $27,000 (after tax credit)
- 110-mile estimated range
- 4,881 lbs. GVWR
- 1,683 lbs. max payload
- 120 in. wheelbase
- 157 cu. ft. cargo volume