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Mullen Automotive (NASDAQ: MULN) Announces Establishment of Mullen Credit Corporation as Wholly Owned Subsidiary

Mullen Automotive (NASDAQ: MULN) announces establishment of Mullen Credit Corporation (MCC) as its wholly owned subsidiary, offering vehicle floor planning and financing options for fleet and small business customers. This reflects the company's rapid growth and projected sales increase for 2025, providing financing flexibility for dealers and customers as Mullen Automotive pursues accelerated growth and expands market share.

This news matters as it reflects the significant growth and expansion of Mullen Automotive, offering financing flexibility for dealers and customers as the company pursues accelerated growth and expands its market share in the electric vehicle industry.