Subjects: NEW PRODUCTS/SERVICES, CORPORATE OFFICERS, MISCELLANEOUS, MISCELLANEOUS, MISCELLANEOUS
Mullen Class 1 EV Cargo Van Now Certified for Sale in all 15 CARB States and District of Columbia by California Air Resources Board
Company can now sell the Mullen ONE in every state throughout the U.S.; certification also opens the Mullen ONE to CARB state incentive programs
CARB compliant states include: California, Connecticut, Colorado, Delaware, Maine, Maryland, Massachusetts, New Jersey, New Mexico, New York, Oregon, Pennsylvania, Rhode Island, Vermont and the District of Columbia
Company now in receipt of both Environmental Protection Agency (EPA) and California Air Resources Board (CARB) certifications for Class 1 EV cargo van and is in full compliance with U.S. Federal Motor Vehicle Safety Standards
BREA, Calif., Dec. 20, 2023 (GLOBE NEWSWIRE) -- via IBN ? Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, today announces the achievement of a key commercial EV milestone with its all-electric Class 1 cargo van. The Mullen ONE received certification from the California Air Resources Board ("CARB") as a zero-emission vehicle in the state of California. The certification is awarded to vehicle manufacturers who meet specific emissions standards in compliance with CARB regulations. To date, a total of 15 states and the District of Columbia follow CARB regulations.
The Mullen ONE previously received a certificate of conformity from the Environmental Protection Agency on Nov. 2, 2023, permitting sales in the majority of U.S. states. California as well as 14 other states and District of Columbia have adopted vehicle standards under Section 177 of the Clean Air Act (42 U.S.C. §7507), which requires additional approvals beyond EPA regulations. Having received credentials from CARB and the EPA, Mullen can now sell the Mullen ONE in every state throughout the U.S.
Additionally, the certification gives the Mullen ONE eligibility for critical state EV incentive programs. The CARB certification takes on even more significance with CARB's recent Advanced Clean Truck regulation, which will require that all local delivery and government fleets must be zero emissions by 2036. The Mullen ONE can now be eligible for cash incentive programs which vary by each eligible CARB compliant state.
"The CARB certification is an important milestone for Mullen as sales in the CARB compliant states represents over two thirds of all EVs sold in the U.S.," said David Michery, CEO and chairman of Mullen Automotive. "As a next step, we are working to ensure the Mullen ONE is also part of all eligible state incentive programs to further support the sale and adoption of the Mullen ONE across the U.S."
About Mullen
Mullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of electric vehicles ("EVs") that will be manufactured in its two United States-based assembly plants. Mullen's EV development portfolio includes the Mullen FIVE EV Crossover, Mullen-GO Commercial Urban Delivery EV, Mullen Commercial Class 1-3 EVs and Bollinger Motors, which features both the B1 and B2 electric SUV trucks and Class 4-6 commercial offerings. On Sept. 7, 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive, and on Dec. 1, 2022, Mullen closed on the acquisition of Electric Last Mile Solutions' ("ELMS") assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana.
To learn more about the Company, visit www.MullenUSA.com.
Forward-Looking Statements
Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as "continue," "will," "may," "could," "should," "expect," "expected," "plans," "intend," "anticipate," "believe," "estimate," "predict," "potential" and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Mullen and are difficult to predict. Examples of such risks and uncertainties include but are not limited to whether the Mullen One will benefit from state cash or other incentive programs and whether it will prove a success for the Company. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Mullen with the Securities and Exchange Commission. Mullen anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Mullen assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Mullen's plans and expectations as of any subsequent date.
Contact:
Mullen Automotive, Inc.
+1 (714) 613-1900
www.MullenUSA.com
Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
[email protected]
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