Curated News
By: NewsRamp Editorial Staff
September 27, 2024

Mullen Automotive Secures $3.2M EV Order from Papé Trucks

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Source News Release

TLDR

  • Papé Trucks ordered 43 Class 3 EV trucks and 7 Class 1 EV cargo vans from Mullen, expanding its commercial EVs to a broader market.
  • Mullen Automotive received a $3.2 million order from Papé Trucks for 43 Class 3 EV trucks and 7 Class 1 EV cargo vans, with parts supply for warranty service.
  • Papé Trucks' order of Mullen's commercial EVs is expected to introduce environmentally friendly vehicles to a broader market, making a positive impact on the world.
  • Mullen Automotive expands its commercial EV offerings through a $3.2 million order from Papé Trucks, showcasing its commitment to sustainability and innovation.

Impact - Why it Matters

This news matters as it highlights Mullen Automotive's expansion and increasing market presence in the electric vehicle sector. The partnership with Papé Trucks signifies a significant step toward introducing Mullen's commercial EVs to a wider customer base, particularly in key West Coast markets. This development also reflects the growing demand for electric commercial vehicles and the importance of strategic dealership partnerships in driving EV adoption.

Summary

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced a new $3.2 million vehicle order from Papé Trucks, its seventh franchise dealer partner. The order includes 43 Class 3 EV trucks and 7 Class 1 EV cargo vans, along with parts supply for warranty service. The vehicles will be delivered immediately. Papé's extensive network across the Western U.S. is expected to be crucial in introducing Mullen’s commercial EVs to a broader market.

CEO David Michery highlighted Papé's expertise and reach in key West Coast markets, emphasizing their role in establishing new Mullen customers across the U.S. The full press release is available here.

Source Statement

This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Mullen Automotive Secures $3.2M EV Order from Papé Trucks

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