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Stock impact report

The State of Massachusetts Issues MOR-EV Approval, Granting Mullen's Class 3 EV Truck a $15,000 Cash Voucher per Vehicle Sold [Yahoo! Finance]

Mullen Automotive, Inc. (MULN) 
Company Research Source: Yahoo! Finance
Under the MOR-EV program, the Mullen THREE EV truck, with a suggested MSRP of $68,500, now qualifies for a Massachusetts state cash rebate of up to $15,000 When combined with the available $7,500 federal tax credit, the net effective price of the Mullen THREE would be approximately $46,000 BREA, Calif., June 11, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN ) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the Massachusetts Executive Office of Energy and Environmental Affairs' Department of Energy Resources (“DOER”) has approved the Company's all-electric Class 3 low cab forward truck, the 2024 Mullen THREE, for up to a $15,000 state cash rebate voucher. Managed by the Executive Office of Energy and Environmental Affairs' Department of Energy Resources and administered statewide by the Center for Sustainable Energy (CSE),the MOR-EV program is dedicated to making electric vehicles more affordable for Massachusetts Show less Read more
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