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Mullen Ramping Up for Start of US Battery Production pb Mullen
Leading Publication ‘Wccf Tech’ Reports Mullen Automotive Continues to Receive Strong Interest From a Growing and Devoted Group of Mullen FIVE Enthusiasts

The Wccf Tech article listed Mullen’s ownership of an EV manufacturing facility in Mississippi, solid reviews of the Mullen FIVE EV crossover, and exciting new developments in battery technology as being the key factors driving interest in Mullen Automotive.

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BREA, Calif., Mar. 24 2022– via InvestorWire – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces an article published March 21 by Wccf Tech which highlights the continued interest Mullen is seeing from a growing fan base for the Mullen FIVE EV Crossover. A leading global technology publication house, Wccf (Where Consumers Come First) Tech leverages advanced technology industry knowledge to report on wide-ranging topics and conduct in-depth technical and financial analysis for exclusive reports.

"Thank you to all our supporters that kept their faith in us and to everyone that sees the potential of what we have to offer," said David Michery, CEO and chairman of Mullen Automotive. “We are here to craft our own path in the EV market and hopefully pave the road for more innovative companies along the way.”

The Wccf Tech article noted there are several reasons for Mullen Automotive’s rising interest among investors. Among the highlights: Mullen’s ownership of an EV manufacturing facility in Tunica, Mississippi, that provides plenty of room for expansion; solid reviews of the Mullen FIVE EV Crossover, and promising new developments in battery technology. The full article can be read here.

Mullen has recently announced a string of key partnerships with hofer powertrain, Comau, ARRK, Dürr, and DSA Systems for EV powertrain, engineering, manufacturing, vehicle production systems, and Over the Air (OTA) and vehicle system diagnostics respectively. The Company expects these strategic developments to play a crucial role in bringing the FIVE to market with the latest technology and least amount of time. Mullen FIVE was also named "Top Zero Emission SUV" by the ZEVA® Awards at the Los Angeles International Show in November 2021, where it made its debut.

The FIVE is built on an EV crossover skateboard platform that offers multiple powertrain configurations and trim levels in a svelte design that is “Strikingly DifferentTM” and exciting to experience in person.  Learn more about the Mullen FIVE at MullenUSA.com.

 

About Mullen:

Mullen is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the Company is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership. For more information, please visit www.MullenUSA.com.


Forward-Looking Statements

This press release contains "forward-looking statements." Words such as "may," "should," "could," "would," "predicts," "potential," "continue," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar expressions, as well as statements in the future tense, often signify forward-looking statements. These forward-looking statements include, without limitation, statements relating to the reverse merger, the Nasdaq approval process, and the proposed debut date of the Mullen FIVE (formerly MX-05) midsize crossover. These forward-looking statements are, by their nature, subject to significant risks and uncertainties.

Forward-looking statements should not be read as a guarantee of future performance or results and may not be accurate indications of when such performance or results will be achieved. Forward-looking statements are based on information that the Company has when those statements are made or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements, including factors beyond the Company's control. As a result of these and other risks, uncertainties, and assumptions, forward-looking events and circumstances discussed herein might not occur in the way the Company expects or at all. Accordingly, readers should not place reliance on any forward-looking information or statements. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events, or otherwise. All forward-looking statements herein are qualified by reference to the cautionary statements set forth in this section.

Contact:

Mullen Automotive, Inc.
+1 (714) 613-1900
www.MullenUSA.com

Mullen
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