tiprankstipranks
Mullen Automotive delivers 38 class 3 vehicles to Randy Marion Authomotive
The Fly

Mullen Automotive delivers 38 class 3 vehicles to Randy Marion Authomotive

Mullen Automotive announces 38 additional Class 3 vehicles have been delivered to Randy Marion Automotive Group with the Company invoicing RMA for $2.5 million. In total, Randy Marion has committed to 1,000 Class 3 vehicles for a total of $63 million with the majority of the vehicles to be delivered in calendar year 2024. As previously reported, Class 3 production at the Tunica, Mississippi, facility is planned for 150 vehicles for 2023, with total capacity for Class 3 planned at 3,000 vehicles annually per shift. “I am pleased to see additional Class 3s are on their way to Randy Marion,” said David Michery, CEO and chairman of Mullen Automotive. “Class 3 production has ramped up significantly and I am confident we will achieve our 2023 production volumes.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on MULN:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles