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-0.010989010989011 0.0241758241758242 0.0217802197802198 0.0527472527472528 1.95204048285742E-16 -2.19780219779708E-05 -0.0106153846153845 0.00879120879120899
Stock impact report

Mullen Announces Papé Truck’s $3.2M Vehicle Purchase with Immediate Delivery and Revenue Recognition of 50 Class 1 and Class 3 Vehicles

Mullen Automotive, Inc. (MULN) 
Company Research Source: GlobeNewswire
Papé’s vehicle purchase includes 43 Class 3 EV trucks and 7 Class 1 EV cargo vans Papé is Mullen’s seventh commercial EV dealer and includes 30 commercial sales and service locations across the Western U.S. BREA, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today a new vehicle order from Papé Truck (“Papé”) for 43 Class 3 EV trucks and 7 Class 1 EV cargo vans. Vehicle deliveries to begin immediately. The total purchase for the 50 units is valued at $3.2 million. Vehicles to be delivered include Class 3 stake body, Morgan box truck with side door, Knapheide Phenix service body and Knapheide aluminum stake body. The Papé order also includes Class 1 and Class 3 parts supply to stock on hand for fast warranty service and repair work. Papé recently became Mullen’s seventh franchise dealer partner expanding fleet opportunities for t Show less Read more
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