Mullen Automotive Gears Up For US-Made Battery Production: Details [Yahoo! Finance]
Mullen Automotive, Inc. (MULN)
Company Research
Source: Yahoo! Finance
facility, which is focused on manufacturing next-generation, American-made battery packs and modules Mullen Automotive expects battery production at its Fullerton, California, facility to begin in mid-2025. The company has already installed three battery lines, which include a high-volume standard battery chemistry line, a high-precision low-volume standard chemistry R&D line, and a high-precision low-volume solid-state polymer R&D line. Mullen has planned two additional lines. One is a high-volume standard chemistry battery line scheduled to be added in December 2024, while the other is a fully automated, high-volume wire bonding line designed for use with multiple chemistries, which will be installed by February 2025. This initiative supports the company's zero-emission goals and reduces dependency on imported battery components. CEO and Chairman David Michery emphasized Mullen's commitment to producing batteries domestically, reinforcing its focus on sustainable, U.S.-bas
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MULN
News
- Westland Floral Purchases Mullen Class 3 EV Trucks for Southern California Landscaping FleetGlobeNewswire
- Mullen Submits Updated Plan to DOE for Grant Funding Opportunity in US Battery Materials Processing, Requesting $55M in Funding [Yahoo! Finance]Yahoo! Finance
- Mullen Submits Updated Plan to DOE for Grant Funding Opportunity in US Battery Materials Processing, Requesting $55M in FundingGlobeNewswire
- Mullen Announces 100 Class 1 and Class 3 EV Shipments with Sales Totaling $5.5M Through Dec. 18, While Reducing Company Burn to $5.3M Monthly Compared to $16.8M in August 2024GlobeNewswire
- Mullen Subsidiary, Bollinger Motors, Announces Class 4 All-Electric Truck Generates Over $4 Million in Post-Production Launch SalesGlobeNewswire
MULN
Sec Filings
- 12/19/24 - Form 8-K
- 12/13/24 - Form 8-K
- 12/13/24 - Form 4
- MULN's page on the SEC website