Mullen Automotive Provides Commercial Vehicle Production Update; Co On Track To Produce 150 Class 3 EV Trucks Through Dec. 2023; On Track To Begin Class 1 EV Cargo Van Production And Deliveries In Q4 2023
Portfolio Pulse from Benzinga Newsdesk
Mullen Automotive has provided an update on its commercial vehicle production. The company is on track to produce 150 Class 3 EV trucks by December 2023 and start Class 1 EV cargo van production and deliveries in Q4 2023. The production plan is aligned with current customer purchase orders and has enough capacity to meet additional demand.
October 16, 2023 | 1:24 pm
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Mullen Automotive's production update indicates a positive outlook for the company's EV production capabilities, which could potentially boost investor confidence.
The news indicates that Mullen Automotive is on track with its production plans, which is a positive sign for the company's operational efficiency and ability to meet customer demand. This could potentially lead to increased investor confidence and a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100