Mullen (MULN) Invoices $9.9 Million for Class 3 THREE’s in 2023

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Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces that for calendar year 2023 Mullen achieved its previously announced Class 3 target with 154 Class 3’s built and 141 Class 3’s delivered to Randy Marion Automotive Group (“RMA” or “Randy Marion”) for a total invoiced amount of $9,196,021. The remaining 13 vehicles are being utilized for engineering and marketing purposes.

Mullen THREE production is based out of Tunica, Mississippi, which is home to Mullen’s commercial vehicle assembly for both the Mullen ONE, Class 1 EV cargo van, and the Class 3 EV cab chassis trucks.

“I am proud of our team’s commitment in hitting our 2023 Class 3 delivery target with 154 Class 3’s built and 141 delivered to Randy Marion. 2024 is going to be a great year for us and I am excited for the opportunities in front of us,” said David Michery, CEO and chairman of Mullen Automotive.

The All-Electric Mullen THREE is a Class 3 low cab forward EV truck featuring a robust payload and 125-mile range. The Mullen THREE was purpose-built to meet the demands of urban last-mile delivery. The Mullen THREE chassis can be easily upfit to meet a variety of vocational needs from last mile delivery, construction, landscaping, catering and more. The chassis has a clean top-of-rail design for easy upfitting with bodies up to 14 feet long and over 5,300 pounds of payload.

Mullen THREE Vehicle Highlights:

  • 125-mile estimated range
  • 11,000 lbs. GVWR
  • 5,316 lbs. max payload
  • 14 feet max box length
  • 38 feet turning diameter