BREA, Calif., Aug. 01, 2022 (GLOBE NEWSWIRE) — through InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an rising electrical automobile (“EV”) producer, declares the opening of a brand new Automotive Development Center at 100 Technology Drive, Irvine, CA, 92618.
Located in the center of Irvine’s expertise hall and in shut proximity to the Irvine Spectrum Center, the 16,000-square-foot facility at 100 Technology Drive, Irvine, CA, 92618, is now open in help of Mullen’s increasing automotive staff. As the corporate continues to develop, varied Automotive groups are being strategically cut up between the Mullen Monrovia and Irvine areas. Currently, it’s deliberate that Irvine Automotive Development Center can be dwelling to the Engineering Design and Development, Styling, Program Management, Marketing and Finance groups, whereas Battery, Powertrain, Thermal, and Infotainment groups can be situated on the High-Voltage Facility in Monrovia, California.
“This facility is a great addition and the logical next step in the evolution of our corporate footprint as we begin to scale our teams and dedicate more resources to support our EV programs,” mentioned David Michery, CEO and chairman of Mullen Automotive. “Irvine technology’s hub is a great location for us to anchor our EV team and provides us with the space and potential talent pool to support our growth over the next few years.”
Mullen’s EV growth portfolio contains the Mullen FIVE EV Crossover, the Mullen ONE EV Fleet Vans, and the DragonFLY Sports Car. Mullen just lately introduced the “Strikingly Different” U.S. Test Drive Tour for the Mullen FIVE EV Crossover, protecting 19 cities throughout the U.S. The tour will start this fall in Southern California and work its means all through the U.S. (*100*) particulars will be discovered here, or place your Mullen FIVE reservation here.
About Mullen
Mullen is a Southern California-based automotive firm that owns and companions with a number of synergistic companies working towards the unified aim of making clear and scalable power options. Mullen has advanced over the previous decade in sync with customers and expertise tendencies. Today, the Company is working diligently to offer thrilling EV choices constructed fully in the United States and made to suit completely into the American client’s life. Mullen strives to make EVs extra accessible than ever by constructing an end-to-end ecosystem that takes care of all points of EV possession.
Forward-Looking Statements
Certain statements in this press launch that aren’t historic info are forward-looking statements inside the that means of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press launch that aren’t statements of historic reality could also be deemed forward-looking statements. Words similar to “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential” and related expressions are supposed to determine such forward-looking statements. All forward-looking statements contain important dangers and uncertainties that would trigger precise outcomes to vary materially from these expressed or implied in the forward-looking statements, a lot of that are usually exterior the management of Mullen and are troublesome to foretell. Examples of such dangers and uncertainties embrace however should not restricted as to whether the Irvine Automotive Development Center can be utilized by the Company as supposed and whether or not the “Strikingly Different” U.S. Test Drive Tour will happen as contemplated. Additional examples of such dangers and uncertainties embrace, however should not restricted to: (i) Mullen’s skill (or lack of ability) to acquire further financing in enough quantities or on acceptable phrases when wanted; (ii) Mullen’s skill to take care of present, and safe further, contracts with producers, elements and different service suppliers referring to its business; (iii) Mullen’s skill to efficiently broaden in present markets and enter new markets; (iv) Mullen’s skill to efficiently handle and combine any acquisitions of companies, options or applied sciences; (v) unanticipated working prices, transaction prices and precise or contingent liabilities; (vi) the flexibility to draw and retain certified staff and key personnel; (vii) antagonistic results of elevated competitors on Mullen’s business; (viii) adjustments in authorities licensing and regulation that will adversely have an effect on Mullen’s business; (ix) the chance that adjustments in client habits might adversely have an effect on Mullen’s business; (x) Mullen’s skill to guard its mental property; and (xi) native, business and normal business and financial circumstances. Additional components that would trigger precise outcomes to vary materially from these expressed or implied in the forward-looking statements will be discovered in the latest annual report on Form 10-Okay, quarterly stories on Form 10-Q and present stories on Form 8-Okay filed by Mullen with the Securities and Exchange Commission. Mullen anticipates that subsequent occasions and developments could trigger its plans, intentions and expectations to vary. Mullen assumes no obligation, and it particularly disclaims any intention or obligation, to replace any forward-looking statements, whether or not because of new info, future occasions or in any other case, besides as expressly required by legislation. Forward-looking statements communicate solely as of the date they’re made and shouldn’t 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
Wire Service Contact:
InvestorWire (IW)
Los Angeles, California
www.InvestorWire.com
212.418.1217 Office
[email protected]
