Mullen Automotive Announces 2024 Mullen THREE EV Truck, Priced At $68,500, Eligible For Up To $45,000 In HVIP Incentives
Portfolio Pulse from Benzinga Newsdesk
Mullen Automotive announces the 2024 Mullen THREE EV truck, priced at $68,500, now eligible for up to $45,000 in HVIP incentives plus a $7,500 federal tax credit, potentially reducing its cost to under $17,000. The California Air Resources Board has approved the vehicle, highlighting its significance for businesses aiming to electrify their fleets. The Mullen THREE, a Class 3 low cab forward EV truck, offers a 125-mile range and is designed for various urban delivery and vocational needs.
April 29, 2024 | 1:05 pm
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Mullen Automotive's 2024 Mullen THREE EV truck is now eligible for significant HVIP incentives and a federal tax credit, potentially reducing its cost to under $17,000, making it an attractive option for businesses.
The approval of the Mullen THREE EV truck for significant HVIP incentives and a federal tax credit directly impacts Mullen Automotive by potentially increasing the attractiveness and affordability of their vehicle for businesses. This could lead to increased demand and sales, positively affecting the company's revenue and market position in the short term.
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