Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, and its just-announced Five RS is being spotlighted by CarScoops. Mullen unveiled the high-performance version of its crossover at the Consumer Electronics Show (“CES”) in Las Vegas, and CarScoops notes that the model has an intriguing design, big performance claims and a production date set for late 2025. The article pointed out key features of Mullen’s latest offering, including its fast-charging capabilities, integrated infotainment system, artificial intelligence (“AI”)-based personal assistance called Persona, facial recognition technology and level 2+ driver assistance tech. “Although seeing EVs with impressive performance figures is nothing new, it’s still a little surprising to encounter an electric crossover making promises of this magnitude,” the article stated. “Equipped with dual motors residing at the front and rear axles, the Five RS boasts a staggering 1,000 hp (746 kW/1,014 PS) and over 850 lb-ft (1,151 Nm) at its disposal, with Mullen claiming that it will be able to reach 60 mph (96 km/h) in under two seconds. Even more impressively, the automaker promises that its crossover will be capable of reaching a top speed of 200 mph (322 km/h) or even higher. . . . Mullen anticipates commencing production of the Five RS in late 2025, with sales set to commence in mid-2026. Subsequent versions of the SUV, including the $55,000 entry-level variant (originally slated for late last year), will follow in due course.”

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About Mullen Automotive Inc.

Mullen Automotive is a Southern California-based automotive company building the next generation of electric vehicles (“EVs”) that will be manufactured in its two United States-based assembly plants. Mullen’s EV development portfolio includes the Mullen FIVE EV Crossover; the Mullen-GO Commercial Urban Delivery EV; the Mullen commercial class 1–3 EVs; and Bollinger Motors, which features both the B1 and B2 electric SUV trucks and class 4–6 commercial offerings. On Sept. 7, 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive, and on Dec. 1, 2022, Mullen closed on the acquisition of all Electric Last Mile Solutions (“ELMS”) assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana. To learn more about the company, visit www.MullenUSA.com.

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