According to filings with the U.S. Securities and Exchange Commission, Mullen Automotive is raising up to $156,000,000.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, David Michery played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Mullen Automotive
Mullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of electric vehicles (EVs) in its two United States-based manufacturing and assembly plants. Mullens EV development portfolio includes the Mullen FIVE Crossover and FIVE RS High-Performance Sport Crossover EVs, Mullen GT and GTRS EV Supercars, Mullen PowerUP Mobile EV Charging Truck, Mullen-GO Commercial Urban Delivery EV, Mullen Commercial Class 1-3 EVs, and Bollinger Motors, which features the B1 and B2 electric SUV trucks and Class 4-6 commercial offerings. On Sept. 7, 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive, and on Dec. 1, 2022, Mullen closed on the acquisition of all of Electric Last Mile Solutions (ELMS) assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana.

To learn more about Mullen Automotive, visit http://www.mullenusa.com/

Contact:
David Michery, President and Chief Executive Officer
714-613-1900
https://www.linkedin.com/in/david-michery-748a47a1/

SOURCE: http://www.intelligence360.io
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