Mullen Class 1 EV Cargo Van Now Certified For Sale In All 15 CARB States And District Of Columbia By California Air Resources Board
Portfolio Pulse from Benzinga Newsdesk
Mullen Automotive, Inc. has received certification from the California Air Resources Board (CARB) for its all-electric Class 1 cargo van, the Mullen ONE, allowing it to be sold in all 15 CARB states and the District of Columbia. This follows a previous EPA certification, enabling nationwide sales. The CARB certification also makes the Mullen ONE eligible for state EV incentive programs, which is significant given CARB's Advanced Clean Truck regulation mandating zero-emission local delivery and government fleets by 2036.
December 20, 2023 | 2:07 pm
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Mullen Automotive's Mullen ONE EV cargo van has been certified by CARB, enabling sales in 15 states and the District of Columbia, and qualifying for state EV incentives, which could boost sales and revenue.
The CARB certification is a critical regulatory milestone that allows Mullen Automotive to sell the Mullen ONE in key markets that represent a significant portion of the U.S. EV market. This certification, along with eligibility for state EV incentives, is likely to have a positive impact on the company's sales and revenue in the short term. The news directly pertains to Mullen Automotive's core product and its market expansion strategy, hence the high relevance and importance. The confidence score reflects the clear positive nature of the certification, although market response and actual sales performance remain to be seen.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100