Mullen Says Achieved All Federal And State Regulatory Requirements For Class 1 And Class 3 Commercial Vehicles, Is Actively Manufacturing And Selling Class 1 And Class 3 Commercial Vehicles Across US; Total Co. Assets Are Expected To Be ~$191.4M As Of Jun. 30
Portfolio Pulse from Benzinga Newsdesk
Mullen Automotive has announced that it has met all federal and state regulatory requirements for its Class 1 and Class 3 commercial vehicles. The company is actively manufacturing and selling these vehicles across the US. Mullen's total assets are expected to be approximately $191.4 million as of June 30.
August 06, 2024 | 12:03 pm
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Mullen Automotive has met all regulatory requirements for its Class 1 and Class 3 commercial vehicles and is actively manufacturing and selling them across the US. The company's total assets are expected to be approximately $191.4 million as of June 30.
Meeting regulatory requirements and actively manufacturing and selling vehicles are positive indicators for Mullen Automotive. This progress suggests potential revenue growth and operational stability, which are likely to positively impact the stock price in the short term.
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IMPORTANCE 80
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