Mullen Announces New Mobile EV Charging Truck Delivering Level 2 And Level 3 DC Fast Charging
Portfolio Pulse from Happy Mohamed
Mullen Automotive, Inc. (NASDAQ:MULN) has announced PowerUP, a mobile EV charging truck that can deliver level 2 and level 3 DC fast charging. The truck will be used on Mullen's upcoming 2023 EV Tour and is available for sale on an advance order basis for commercial applications such as roadside assistance and emergency response. The truck is based on a Class 5 truck platform and can provide up to 150kW of continuous power generation.
July 11, 2023 | 12:30 pm
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Mullen's new product, PowerUP, could potentially increase the company's revenue by expanding its product line and reaching new markets such as roadside assistance and emergency response. The product's success will depend on its reception in the market.
The announcement of a new product, especially one that can be used in various commercial applications, is generally a positive development for a company. It shows that the company is innovating and expanding its product line, which could potentially lead to increased sales and revenue. However, the impact on the stock price will depend on how the market perceives this new product and its potential for success.
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