Financial News

Mullen Automotive Inc. (NASDAQ: MULN) Strengthens Position in Growing EV Market

  • dThe market for EVs has grown rapidly in recent years and is expected to continue growing at a fast pace over the coming decade
  • MULN’s two manufacturing facilities are gearing up for increased production volume
  • The company is meeting noteworthy milestones with each of its EV brands

As the EV market steadily rises in the coming years, Mullen Automotive (NASDAQ: MULN) is positioning itself to be a strong player in the space. The Southern California–based automotive company recently released a corporate update outlining the impressive growth it has seen in the past few months (https://ibn.fm/nhIqM).

“The market for electric vehicles (‘EVs’) has grown rapidly in recent years and is expected to continue to grow at a fast pace over the coming decade,” reports the U.S. Bureau of Labor Statistics in its “Beyond the Numbers” February publication. “Electric car sales in the United States increased from a mere…

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NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN

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