Yahoo Finance Live's Brad Smith, David Briggs, and Rachelle Akuffo identified MULN as an EV stock standout that is doing well among falling EV stocks due to its solid-state battery technology and strong domestic presence.
BREA, Calif., Mar. 17, 2022– via InvestorWire – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces MULN’s feature on Yahoo Finance Live, the world’s biggest business news platform. With nearly 100 million unique monthly visitors making it the number one finance website in the U.S., Yahoo Finance provides free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction, and mortgage rates that help people manage their financial life.
Reporters Rachelle Akuffo and Brad Smith identified Mullen’s progress on solid-state battery technology, positive coverage on CarBuzz (available to read here), strong performance in a recent EV market study, and significant domestic presence as being the top reasons contributing to the uptick in the Company’s stock performance. The full Yahoo Finance Live feature can be accessed here.
“I am proud of the incredible progress Mullen has made so far, but we're just getting started,” said David Michery, CEO and chairman of Mullen Automotive. "We have a great deal of momentum right now and I’m glad to see mega-sites like Yahoo Finance are taking notice of our potential. I am also thankful to all the people who have kept their faith in Mullen so far."
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.
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.
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.
Mullen Automotive, Inc.
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