MULN NET ELEMENT INC

Mullen Opens 100 Technology Drive in Irvine, California, for Automotive EV Development Center

Mullen Opens 100 Technology Drive in Irvine, California, for Automotive EV Development Center

New Automotive Development Center opened to support growing Mullen Automotive Team, including Engineering Design and Development, Styling, Program Management, Marketing, Finance and more.

BREA, Calif., Aug. 01, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- . (NASDAQ: ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces the opening of a new Automotive Development Center at 100 Technology Drive, Irvine, CA, 92618.

Located in the heart of Irvine’s technology corridor and in close proximity to the Irvine Spectrum Center, the 16,000-square-foot facility at 100 Technology Drive, Irvine, CA, 92618, is now open in support of Mullen’s expanding automotive team. As the company continues to grow, various Automotive teams are being strategically split between the Mullen Monrovia and Irvine locations. Currently, it is planned that Irvine Automotive Development Center will be home to the Engineering Design and Development, Styling, Program Management, Marketing and Finance teams, whereas Battery, Powertrain, Thermal, and Infotainment teams will be located at the High-Voltage Facility in Monrovia, California.

“This facility is a great addition and the logical next step in the evolution of our corporate footprint as we begin to scale our teams and dedicate more resources to support our EV programs,” said David Michery, CEO and chairman of Mullen Automotive. “Irvine technology’s hub is a great location for us to anchor our EV team and provides us with the space and potential talent pool to support our growth over the next few years.”

Mullen’s EV development portfolio includes the Mullen FIVE EV Crossover, the Mullen ONE EV Fleet Vans, and the DragonFLY Sports Car. Mullen recently announced the “Strikingly Different” U.S. Test Drive Tour for the Mullen FIVE EV Crossover, covering 19 cities across the U.S. The tour will begin this fall in Southern California and work its way throughout the U.S. Further details can be found , or place your Mullen FIVE reservation .

About Mullen

Mullen is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the Company is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership.

Forward-Looking Statements

Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as "continue," "will," "may," "could," "should," "expect," "expected," "plans," "intend," "anticipate," "believe," "estimate," "predict," "potential" and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Mullen and are difficult to predict. Examples of such risks and uncertainties include but are not limited to whether the Irvine Automotive Development Center will be used by the Company as intended and whether the “Strikingly Different” U.S. Test Drive Tour will take place as contemplated. Additional examples of such risks and uncertainties include, but are not limited to: (i) Mullen’s ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Mullen's ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Mullen’s ability to successfully expand in existing markets and enter new markets; (iv) Mullen’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Mullen’s business; (viii) changes in government licensing and regulation that may adversely affect Mullen’s business; (ix) the risk that changes in consumer behavior could adversely affect Mullen’s  business; (x) Mullen’s ability to protect its intellectual property; and (xi) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Mullen with the Securities and Exchange Commission. Mullen anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Mullen assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Mullen’s plans and expectations as of any subsequent date.

Contact:

Mullen Automotive, Inc.

+1 (714) 613-1900

Wire Service Contact:

InvestorWire (IW)

Los Angeles, California



212.418.1217 Office

Attachments



EN
01/08/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on NET ELEMENT INC

 PRESS RELEASE

Bollinger Innovations Announces Move to OTC Markets Effective Monday, ...

Bollinger Innovations Announces Move to OTC Markets Effective Monday, Oct. 13, 2025 Bollinger’s common stock will be traded on the OTC Markets to align with Company’s operating strategy and to provide critical investor access and trading The move follows Bollinger’s withdrawal from the Nasdaq hearings process  The Company will continue to trade under stock ticker symbol, BINI, on the OTC Markets  The Company will continue to evaluate the various market tiers available within OTC Markets, as well as trading on an international exchange BREA, Calif., Oct. 09, 2025 (GLOBE NEWSWIRE) --...

 PRESS RELEASE

Bollinger Innovations Signs Agreement with Ariel Fleet Holdings to Pro...

Bollinger Innovations Signs Agreement with Ariel Fleet Holdings to Provide FedEx ISPs, Advanced Logistics Systems and Springbok Holdings with 34 Commercial EVs for Last Mile Deliveries Ariel Fleet Holdings will deploy 30 Class 3 and four Class 1 fleet EVs to Advanced Logistics Systems and Springbok Holdlings, both Independent Service Providers for FedEx Corporation who operate in North Carolina and Virginia BREA, Calif., Oct. 02, 2025 (GLOBE NEWSWIRE) -- via IBN – Bollinger Innovations, Inc. (NASDAQ: ) (“Bollinger Innovations” or the “Company”), an electric vehicle manufacturer, today ...

 PRESS RELEASE

Bollinger Innovations Commits to Long-Term Stability, Announces NO Fur...

Bollinger Innovations Commits to Long-Term Stability, Announces NO Further Reverse Stock Splits for Next 3 Years Company recently announced receipt of $1,074,035 for vehicles sold in August 2025; Bollinger continues sales growth while improving cash flow BREA, Calif., Sept. 23, 2025 (GLOBE NEWSWIRE) -- via IBN -- Bollinger Innovations, Inc. (NASDAQ: ) (“Bollinger Innovations” or the “Company”), an electric vehicle manufacturer, today announces that the reverse stock split (“Reverse Stock Split”) of its common stock that went into effect on Sept. 22, 2025, at 12:01 a.m. Eastern Time is e...

 PRESS RELEASE

Bollinger Innovations Receives $1,074,035 for Vehicles Sold in August ...

Bollinger Innovations Receives $1,074,035 for Vehicles Sold in August 2025; Company Continues Sales Momentum and Improves Cash Flow Payments were received Aug. 27, 2025, and Sept. 12, 2025, respectively, from Pritchard Automotive for DB Schenker and Ziegler Truck Group for previously announced Sept. 4, 2025, sale of vehicles Combined with previously announced expense reductions, Company moves closer to cashflow breakeven BREA, Calif., Sept. 18, 2025 (GLOBE NEWSWIRE) -- via IBN –  (NASDAQ: ) (“Bollinger Innovations” or the “Company”), an electric vehicle (“EV”) manufacturer, today anno...

 PRESS RELEASE

Bollinger Innovations, Inc. Announces Reverse Stock Split Effective Se...

Bollinger Innovations, Inc. Announces Reverse Stock Split Effective Sept. 22, 2025 This will be the last reverse stock split Bollinger initiates for the next three years BREA, Calif., Sept. 18, 2025 (GLOBE NEWSWIRE) -- via IBN – Bollinger Innovations, Inc. (NASDAQ: BINI) (“Bollinger Innovations” or the “Company”), an electric vehicle manufacturer, today announces that it will effect a 1-for-250 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.001 per share (“Common Stock”), that will become effective on Sept. 22, 2025, at 12:01 a.m. Eastern Time. The Common...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch