Mullen Automotive’s first production vehicle rolls off assembly line

Mullen Automotive announces the first production vehicle, the Mullen THREE, a Class 3 EV truck, has rolled off the line at Mullen’s commercial vehicle assembly facility located in Tunica, Mississippi. “We have been true to our commercial Class 3 vehicle production commitments and have now achieved a significant milestone with the first trucks rolling off the line,” said David Michery, CEO and chairman of Mullen Automotive, Inc. Mullen will be gradually ramping up production rate through the balance of this calendar year. Once full acceleration has been achieved, Class 3 production capacity at the Tunica facility is currently planned at 3,000 vehicles annually per shift. As electric vehicle adoption rates increase, Mullen plans to add a second shift for Class 3 production, which will increase capacity to 6,000 total vehicles per year. During the ramp up in volume of the Mullen THREE, the production testing and launch of the Mullen ONE, Class 1 EV Cargo Van will also take place in Tunica, achieving deliveries on customer orders for both commercial Class 1 and Class 3 vehicles by year end. To date, the Company has received $79 million in purchase orders for the Mullen THREE, Class 3 EV trucks from Randy Marion Automotive Group and MGT Lease Company.