Emerging EV maker, Mullen Automotive Inc (NASDAQ:MULN) announced Tuesday a 1,000-vehicle order for the Mullen THREE, a Class 3 low cab forward (“LCF”) EV truck, placed by the Randy Marion Automotive Group. Deliveries of the $63 million order are scheduled to begin in August 2023.
The Mullen THREE is an efficient Class 3 low cab forward EV truck featuring a tight turning diameter of 38 feet and excellent visibility for superior maneuverability on narrow city streets.
“We continue to receive great interest for Mullen’s commercial vehicles, especially the Class 3 cab chassis,” said Brad Sigmon, Fleet GM and vice president of RMA Fleet Operations.
“Randy Marion continues to set the bar for commercial EV dealerships in the U.S. We are proud to be working alongside RMA in getting Mullen’s commercial EVs, starting with our Class 1 and Class 3 EVs, out to our commercial customers,” said David Michery, CEO and chairman of Mullen Automotive.
Mullen’s commercial vehicle lineup will be manufactured out of the Advanced Manufacturing and Engineering Center (“AMEC”), located just outside Tunica, Mississippi.
Shares of MULN are up 7.63% in afternoon trading on Tuesday.