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Tuesday, February 7, 2023

Mullen (NASDAQ: MULN) Announces Partnership with Randy Marion Automotive

Mullen Automotive, Inc. (NASDAQ: MULN) has confirmed its collaboration with Randy Marion Automotive (RMA). RMA will become the first dealer group partner for the commercial EV lineup of Mullen, which is expected to unveil in the U.S. in 2023. Mullen’s commercial EV range comprises Bollinger Motors Class 4-6 chassis and Class 1-3 cargo van and cab chassis.

Mullen’s electric vehicle development collection features the Mullen FIVE EV Crossover, Mullen Commercial Class 1-3 EVs, and Bollinger Motors, which includes the B1 and B2 electric SUV trucks, as well as Class 4-6 commercial offerings. The Mullen FIVE is the Company’s first electric crossover. It will be available in 2025 and will have an award-winning design as well as its patented PERSONA technology, which uses facial recognition to personalize the driving experience for each individual.

David Michery, CEO and chairman of Mullen Automotive commented that the company is thrilled to be working with such a great dealer partner who is so well highly regarded and recognized throughout the commercial industry. Randy and his team see an opportunity with Mullen’s commercial vehicles and are fully prepared to be an important partner for Mullen.

On the other hand, Randy Marion Automotive wowed with Mullen Automotive’s EV lineup, their speed to market, and, most importantly, their focus on an underrepresented commercial market for EV vehicles. RMA believed that this is especially clear when considering what has happened in the Class 1 light cargo van category. OEMs have all exited the commercial Class 1 van segment, putting Mullen’s EV lineup wide open.

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