Mullen Reports Class 3 EV Truck Purchase From Dublin, Ohio; Amount Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Mullen Automotive has reported a purchase of its Class 3 EV truck by the City of Dublin, Ohio. The company is also in negotiations with multiple government agencies for additional orders. Mullen's EVs qualify for significant incentives in Massachusetts and California.
July 22, 2024 | 1:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Mullen Automotive has secured a purchase of its Class 3 EV truck by the City of Dublin, Ohio, and is negotiating further orders with government agencies. The company's EVs also qualify for significant incentives in Massachusetts and California.
The purchase by Dublin, Ohio, and ongoing negotiations with government agencies indicate strong demand for Mullen's EVs. Additionally, the significant incentives in Massachusetts and California could drive further sales, positively impacting Mullen's revenue and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100