Mullen (MULN) Produced 125 Mullen Three Class 3 Trucks in MS

Mullen Automotive, Inc . (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle manufacturer, announced the Company achieved a production milestone on Dec. 13, 2023, with the 100^th Mullen THREE, Class 3 cab chassis electric truck, rolling off the assembly line in Tunica, Mississippi. As of Dec. 22, 2023, the Company has completed 125 Mullen THREE’s.

A video of the 100^th Mullen THREE crossing the production finish line can be found on Mullen’s YouTube channel and website.

“This is an important milestone for Mullen and demonstrates our EV assembly plant in Tunica is scaling up to meet the commercial vehicle production schedule that was planned at launch,” said David Michery, CEO and chairman of Mullen Automotive, Inc. “We are laser-focused on commercial vehicle production and customer deliveries.”

Mullen’s production plan is aligned with current customer purchase orders. Randy Marion group previously placed a purchase order for 1,000 Class 3 trucks. As previously reported, Class 3 production capacity at the Tunica facility is currently planned at 3,000 annually per shift, allowing units to be added to the schedule as additional customers are confirmed. Overall production capacity allows Mullen to meet existing purchase orders while providing the Company open production capacity to respond to additional customer demand.

The All-Electric Mullen THREE is a Class 3 low cab forward EV truck featuring an 89 kWh battery, a range of 125 miles, a payload of 5,316 pounds and an 11,000 Gross Vehicle Weight Rating. The Mullen THREE’s versatile chassis provides a clean top-of-rail for easy upfitting with bodies up to 14 feet long.