Yahoo Finance Live’s Brad Smith, David Briggs and Rachelle Akuffo identified MULN as a standout electric vehicle stock that is doing well among declining electric vehicle stocks due to its solid-state battery technology and strong national presence.
Mullen Automotive Recently Featured in Yahoo Finance Live Segment
BREA, Calif., March 17, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Mullen Automotive, Inc.. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces MULN feature on Yahoo finance Live, the world’s largest business news platform. With nearly 100 million unique visitors per month, making it the number one financial website in the United States, Yahoo Finance provides free stock quotes, up-to-date news, portfolio management resources, international markets, social interactions and mortgage rates that help people manage their financial lives.
Journalists Rachelle Akuffo and Brad Smith identified Mullen’s progress in solid-state battery technology, positive coverage on CarBuzz (to read here), a strong performance in a recent study of the electric vehicle market and a large national presence as the main reasons contributing to the rise in the company’s stock performance. Full Yahoo Finance Live functionality is available here.
“I’m proud of the incredible progress Mullen has made so far, but we’re just getting started,” said David Michery, CEO and President of Mullen Automotive. “We have a lot of momentum right now and I’m happy to see mega sites like Yahoo Finance realizing our potential. I’m also grateful to everyone who has kept their faith in Mullen so far.”
Mullen recently announced a series of key partnerships with hofer powertrain, Comau, ARRK, Dürr and DSA Systems for EV powertrain, engineering, manufacturing, vehicle production systems and OTA and system diagnostics. vehicle respectively. The company expects these strategic developments to play a crucial role in bringing FIVE to market with the latest technology and in the shortest possible time. Mullen FIVE was also named “Top Zero Emission SUV” by the ZEVA® Awards at the Los Angeles International Show in November 2021, where it made its debut.
The FIVE is built on an EV crossover skateboard platform that offers multiple powertrain configurations and trim levels in a svelte design that is “astonishingly differentTM » and exciting to experience in person. Find out more about the Mullen FIVE on MullenUSA.com.
Mullen is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean, scalable energy solutions. Mullen has evolved over the past decade in step with consumer and technology trends. Today, the company works diligently to provide exciting electric vehicle options built entirely in the USA and designed to fit perfectly into the life of the American consumer. Mullen is working to make electric vehicles more accessible than ever by creating an end-to-end ecosystem that supports all aspects of electric vehicle ownership.
Certain statements contained 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. All statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Words such as ‘continue’, ‘will’, ‘may’, ‘could’, ‘should’, ‘expects’, ‘expects’, ‘plans’, ‘intends’, “anticipates”, “believes”, “estimates”, “predicts”, “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 will differ materially from those expressed or implied by forward-looking statements, many of which are generally beyond Mullen’s control and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to, whether the Company will achieve its objectives of launching its EV crossover, the FIVE, on schedule and, if so, whether the FIVE will be a success; and whether the Company’s partnerships with ARRK, Dürr and DSA Systems and Over the Air (OTA) will make it possible to accelerate the deployment of the FIVE. examples of such risks and uncertainties include, but are not limited to (i) Mullen’s ability (or inability) to obtain additional financing in a sufficient amount or on acceptable terms if needed; (ii) Mullen’s ability to maintain and obtain additional contracts with manufacturers, parts suppliers and other service providers related to its business; (iii) Mullen’s ability to successfully expand into existing markets and enter new markets; (iv) Mullen’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unforeseen operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) the adverse effects of increased competition on Mullen’s business; (viii) changes in government licenses and regulations that may adversely affect Mullen’s business; (ix) the risk that changes in consumer behavior could adversely affect Mullen’s business; and (x) Mullen’s ability to protect its intellectual property; (xi) general local, industrial and business and economic conditions. Other factors that could cause actual results to differ materially from those expressed or implied by 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 alter his plans, intentions and expectations. Mullen undertakes no obligation, and 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.
Mullen Automotive, Inc.
+1 (714) 613-1900
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Los Angeles, California