Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, was featured in a recent CarBuzz article that highlighted the company’s “world-beating” EV crossover, the Mullen FIVE RS. “A company called Mullen Automotive just showed up to CES 2024 with an electric performance crossover that is bound to grab some headlines. It’s called the Mullen FIVE RS, based on a crossover called the Mullen FIVE, and it boasts some world-beating specifications that could shock the likes of Porsche and even Tesla,” the article reads. “Mullen provided CarBuzz with a tantalizing spec sheet featuring some key numbers: more than 1,000 horsepower, over 200 mph top speed, 0-60 in under two seconds, and 60-0 mph braking in under 110 feet. Power will come from dual electric motors through a two-speed transmission, like a Porsche Taycan, with an 800-volt charging architecture to refill the 100 kWh battery pack. Mullen says a 0-80% charge will take just 21 minutes on a DC fast-charger. Assuming Mullen can deliver on these promises, this car might provide a serious challenge to a Tesla Model X Plaid in a drag race.”

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About Mullen Automotive Inc.

Mullen 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, Mullen-GO Commercial Urban Delivery EV, 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 Electric Last Mile Solutions’ (“ELMS”) assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana. For more information about the company, visit www.MullenUSA.com.

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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