Mullen Automotive Announces Commercial EV Launch Event At Tunica, MS., Assembly Plant; Company To Commemorate First Class 3 Vehicles Rolling Off The Line And Heading To Customers
Portfolio Pulse from Happy Mohamed
Mullen Automotive, Inc. (NASDAQ:MULN) has announced a commercial EV launch event on Aug. 24, 2023, to commemorate the first Class 3 vehicles rolling off the production line. The event will be held at Mullen's assembly plant in Tunica, Mississippi. The plant is focused on production of Class 1 and Class 3 commercial EV vehicles. The Mullen THREE, a Class 3 low cab forward EV truck, is one of the vehicles being produced.
July 20, 2023 | 1:46 pm
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Mullen Automotive's announcement of a commercial EV launch event could potentially boost investor confidence and interest in the company, possibly leading to a short-term increase in its stock price.
The announcement of a commercial EV launch event signifies progress in Mullen Automotive's production capabilities. This could attract more investors, potentially leading to an increase in demand for the company's stock and a short-term increase in its stock price.
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IMPORTANCE 75
RELEVANCE 100