Mullen (MULN) sends 350 EVs to Mississippi for final assembly

EV company, Mullen Automotive (NASDAQ: MULN) announced Friday the transfer of over 350 Class 1 vehicles between its plants in Mishawaka, Indiana, and Tunica, Mississippi, for final assembly.

Additionally, 300 Class 1 vehicles are scheduled to arrive in Tunica for final assembly for the remainder of 2023.

“Exciting times as we are getting very close to delivering vehicles to awaiting customers, beginning in August 2023, which allows us to recognize continued revenue growth over the last six months of 2023,” said David Michery, CEO and chairman of Mullen Automotive.

Shares of MULN are up 0.95% in morning trading on Friday.

By Michael Elkins | [email protected]

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