Mullen Delivers Class 3 EV Trucks To NRTC Automation Group
Portfolio Pulse from Benzinga Newsdesk
Mullen Automotive, Inc. has delivered its Class 3 EV low cab forward trucks, the Mullen THREE, to NRTC Automation Group in Birmingham, Alabama. The purchase order was announced on Aug. 28, 2023, with deliveries starting in Q4 2023. NRTC, which provides automation solutions for the automotive industry, will use the Mullen THREE in its vehicle fleet for shuttle runs in South Carolina. Mullen's commercial vehicle assembly is based in Tunica, Mississippi, and includes the Mullen ONE and Mullen THREE. The first deliveries of the Mullen THREE began on Sept. 28, 2023, to Randy Marion, which received its license to retail Mullen's commercial EVs on Nov. 16, 2023.
December 14, 2023 | 2:11 pm
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POSITIVE IMPACT
Mullen Automotive has successfully delivered its Class 3 EV trucks to NRTC Automation Group, indicating progress in its commercial vehicle production and delivery capabilities.
The successful delivery of the Mullen THREE to NRTC Automation Group demonstrates Mullen Automotive's ability to fulfill orders and may positively influence investor confidence in the company's operational capabilities. This news could lead to a short-term positive impact on MULN's stock price as it reflects progress in product delivery and potential for increased sales and market penetration in the commercial EV sector.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100