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Mullen Announces the Purchase of Mullen CAMPUS EVs by – Notice Today Online

Vehicles currently in ingest on Intel’s profession campus in Chandler, Arizona, for accumulation and collection delivery; plans for added container orders to follow

Randy Marion Automotive in acknowledgement of commercialism in flooded and conveying has been prefabricated on quaternary Mullen CAMPUS EV load vans

DB Schenker, supported in 1872, is a orbicular cheater with over 72,700 employees crossways 1,850 locations

BREA, Calif., July 29, 2024 (GLOBE NEWSWIRE) — via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an automobile container (“EV”) manufacturer, today announces that DB Schenker, digit of the world’s directive installation and logistics companies, has purchased quaternary Mullen CAMPUS automobile vehicles for ingest on Intel’s profession campus in Chandler, Arizona, for accumulation and collection delivery. Randy Marion Automotive, digit of Mullen’s advertizement container dealers, is in acknowledgement of commercialism and has delivered the vehicles to DB Schenker.

Founded in 1872, DB Schenker is a orbicular cheater with over 72,700 employees crossways 1,850 locations worldwide employed to appearance instrumentation and the mercantilism of artefact finished new, innovative, and sustainable structure for businesses and their cater concern management. Their desegrated move ensures that every travel of the cater concern is optimized for success, from realty instrumentation to expose and ocean freight, lessen logistics and cater concern management. With the content to be copy viewless by 2040, DB Schenker continuously invests in original low-carbon land, expose and ocean instrumentation solutions, patch rising inventiveness efficiency in their warehouses. Together with its partners, DB Schenker is exploring the technologies which module enable the decent logistics of the future.

The Mullen CAMPUS, a highly economical automobile camper fashioned for low-speed, closed-campus use, module endeavor a key persona in DB Schenker’s efforts to turn its environmental print patch maintaining economical operations. The full battery-operated container (“BEV”) module be utilised for closed-campus transportation, providing class-leading load power and coverall drive comfort. The CAMPUS conveying camper has every the aforementioned polymer as the Mullen ONE but was purpose-built to hold logistics in micro-environments.

“DB Schenker is sworn to sustainability and innovation, orientating dead with Mullen’s assignment to qualify the acceptation of advertizement automobile vehicles,” said king Michery, CEO and chair of Mullen Automotive. “We are overconfident that our CAMPUS EVs module wage DB Schenker with a clean, economical and sure installation solution.”

About DB Schenker
At DB Schenker, we’re not meet most logistics; we’re most discernment what genuinely matters to you. As a orbicular cheater in installation and logistics, we’re sacred to activity industries and businesses worldwide in the unseamed mercantilism of goods. Our desegrated move ensures that every travel of the cater concern is optimized for success, from realty instrumentation to expose and ocean freight, lessen logistics and cater concern management. We curb at the hunch of pivotal intersections, where the line of artefact meets the demands of industry.

To see more most DB Schenker, meet www.dbschenker.com

About Mullen
Mullen Automotive (NASDAQ: MULN) is a Southern California-based moving consort antiquity the incoming procreation of advertizement automobile vehicles (“EVs”) with digit United States-based container plants settled in Tunica, Mississippi, (120,000 conservativist feet) and Mishawaka, Indiana (650,000 conservativist feet). In August 2023, Mullen began advertizement container creation in Tunica. In Sept 2023, Mullen conventional bureau support for federal EV set credits on its advertizement vehicles with a Qualified Manufacturer finding that offers suitable customers up to $7,500 per vehicle. As of Jan 2024, both the Mullen ONE, a Class 1 EV load van, and Mullen THREE, a Class 3 EV equipage chassis truck, are Calif. Air Resource Board (“CARB”) and EPA certificated and acquirable for understanding in the U.S. Recently, CARB issued HVIP support on the Mullen THREE, Class 3 EV truck, providing up to $45,000 modify protagonist at instance of container purchase. The Company has also fresh swollen its advertizement moneyman meshwork with the constituent of Pritchard EV, National Auto Fleet Group, chemist Truck Group, Range Truck Group and Eco Auto, providing income and assist news in key Midwest, West Coast and Pacific Northwest and New England markets. The Company also fresh declared Foreign Trade Zone (“FTZ”) position support for its Tunica, Mississippi, advertizement container manufacturing center. FTZ support provides a sort of benefits, including holdup of duties unpaid and voiding of duties on exported vehicles.

To see more most the Company, meet www.MullenUSA.com.

Forward-Looking Statements
Certain statements in this advise promulgation that are not arts facts are forward-looking statements within the message of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this advise promulgation that are not statements of arts fact haw be deemed forward-looking statements. Words much as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential” and kindred expressions are witting to refer much forward-looking statements. All forward-looking statements refer momentous risks and uncertainties that could drive actualised results to dissent materially from those spoken or tacit in the forward-looking statements, some of which are mostly right the curb of Mullen and are arduous to predict. Examples of much risks and uncertainties allow but are not restricted to whether some added vehicles module be sequential by  DB Schenker, or how daylong topical and federal governmental incentives for automobile vehicles  module be available. Additional factors that could drive actualised results to dissent materially from those spoken or tacit in the forward-looking statements crapper be institute in the most past period inform on Form 10-K, quarterly reports on Form 10-Q and underway reports on Form 8-K filed by Mullen with the Securities and Exchange Commission. Mullen anticipates that ensuant events and developments haw drive its plans, intentions and expectations to change. Mullen assumes no obligation, and it specifically disclaims some intention or obligation, to update some forward-looking statements, whether as a termination of newborn information, forthcoming events or otherwise, eliminate as expressly required by law. Forward-looking statements intercommunicate exclusive as of the fellow they are prefabricated and should not be relied upon as representing Mullen’s plans and expectations as of some ensuant date.

Contact:
Mullen Automotive, Inc.
+1 (714) 613-1900
www.MullenUSA.com

Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com

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Source Link: https://www.globenewswire.com/news-release/2024/07/29/2920336/0/en/Mullen-Announces-the-Purchase-of-Mullen-CAMPUS-EVs-by-Global-Transportation-and-Logistics-Leader-DB-Schenker.html

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