Mullen Announces New Commercial EV Fleet Order for Europe; Initial Purchase Order Valued At ~$440,000, With Additional Orders To Follow
Portfolio Pulse from Benzinga Newsdesk
Mullen Automotive, Inc. (NASDAQ: MULN) has announced a new purchase order for 40 Mullen-GO urban delivery vehicles from Switzerland-based Antidoto SA, valued at approximately $440,000 USD. Additional orders are expected to follow.
May 29, 2024 | 1:30 pm
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Mullen Automotive has secured a $440,000 order for 40 Mullen-GO urban delivery vehicles from Antidoto SA, with additional orders expected. This marks a significant step in Mullen's expansion into the European market.
The purchase order from Antidoto SA represents a significant revenue opportunity for Mullen Automotive and indicates potential for further expansion in the European market. This positive development is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100