About Mullen Automotive, Inc. - Common Stock (MULN)
Mullen Automotive, Inc. is an electric vehicle manufacturer focused on designing and producing innovative electric cars and commercial vehicles aimed at enhancing sustainable transportation. The company is committed to developing advanced battery technologies and integrating cutting-edge features in their vehicles, while also emphasizing performance, design, and user experience. Mullen Automotive aims to capture a significant share of the rapidly growing electric vehicle market through its diverse lineup of vehicles, which includes both consumer-oriented models and fleet solutions for businesses. Read More
As countries worldwide move to phase out fossil fuels in favor of renewables, Pacific nations are adopting a variety of clean energy strategies to keep pace with the global green transition. While these nations may lack the financial power of larger economies, they’ve taken innovative steps to promote renewable energy generation and use.
NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Mullen Automotive, Inc. (NASDAQ:MULN) on behalf of long-term stockholders following a class action complaint that was filed against Mullen on March 26, 2025 with a Class Period from May 1, 2022 to March 26, 2025. Our investigation concerns whether the board of directors of Mullen have breached their fiduciary duties to the company.
Despite the challenges that the electric vehicle industry has faced in recent months, most experts agree that EVs will have a notable effect on global greenhouse gas emissions . By replacing the conventional internal combustion engine with a battery pack and electric drivetrain, automakers can cut down tailpipe emissions to zero, allowing the auto industry to significantly reduce its impact on the environment.
Mullen Automotive (NASDAQ: MULN), an electric vehicle manufacturer, announced a 20-unit order of its all-electric Class 3 Mullen THREE trucks from Houston-based logistics company Cashflow on Wheels. Valued at approximately $1.4 million, the order will be fulfilled by Mullen dealer Pritchard Automotive. Cashflow on Wheels, which services clients such as FedEx and Amazon, cited cost savings of over $500 per route per week from EV testing as the catalyst for its transition to electric vehicles.
The United States reached a major clean energy milestone in March after renewable energy sources supplied more electricity to the national grid than fossil fuels. According to new data from the energy think tank Ember, clean energy accounted for just over half of America’s electricity mix, surpassing fossil fuels for the first time in history. The shift highlights the momentum of renewable energy adoption, even amid efforts by the current administration to scale back climate initiatives .
NEW YORK, April 17, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Mullen Automotive, Inc. (NASDAQ:MULN) on behalf of long-term stockholders following a class action complaint that was filed against Mullen on March 26, 2025 with a Class Period from May 2022 to March 2025. Our investigation concerns whether the board of directors of Mullen have breached their fiduciary duties to the company.
Mullen Automotive (NASDAQ: MULN) announced that its subsidiary, Bollinger Motors, has delivered the first 2025 Bollinger B4 electric truck to EnviroCharge for conversion into a mobile Level 3 charging unit. The upfitted truck will debut at the ACT Expo 2025 in Anaheim before being deployed in California to address growing EV infrastructure demand. EnviroCharge selected the Class 4 B4 platform for its performance and reliability, supporting its mission to expand on-the-go charging. Bollinger Motors’ trucks also qualify for up to $120,000 in incentives across multiple federal and state programs.
An electric vehicle startup backed by Amazon founder and billionaire Jeff Bezos plans to develop a $25,000 electric truck for the small but rapidly expanding EV truck segment. At just $25,000, this electrified truck would be the cheapest electric truck and one of the cheapest electric vehicles on the U.S. market.
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Mullen Automotive, Inc. (“Mullen” or the “Company”) (NASDAQ: MULN) and reminds investors of the April 14, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Mullen To Contact Him Directly To Discuss Their Options
NEW YORK, April 12, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Mullen Automotive, Inc. (“Mulllen” or the “Company”) (NASDAQ: MULN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Mullen Automotive (NASDAQ: MULN) will implement a 1-for-100 reverse stock split effective April 11, 2025, aiming to regain compliance with Nasdaq’s $1.00 minimum bid price requirement. Post-split, Mullen’s common stock will continue to trade under the ticker MULN, with a new CUSIP of 62526P703. The move, approved by shareholders in March, will reduce the number of outstanding shares from approximately 220 million to 2.2 million and apply proportionate adjustments to equity instruments. No fractional shares will be issued, with all such holdings rounded up.
Mullen Automotive Inc. (NASDAQ: MULN) will enact a 1-for-100 reverse stock split on April 11, 2025, to comply with Nasdaq listing standards. The move reduces outstanding shares from 220 million to about 2.2 million while maintaining MULN's listing.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Mullen To Contact Him Directly To Discuss Their Options
