Mullen Automotive Announces Delivery Of Class 1 EV Cargo Van To University Of Virginia's Sustainable Fleet Department; Follows Previous UVA Purchase And Recent $7.7M Order From Eco Auto
Portfolio Pulse from Benzinga Newsdesk
Mullen Automotive has delivered a Class 1 EV cargo van to the University of Virginia's Sustainable Fleet Department. This follows a previous purchase by UVA and a recent $7.7 million order from Eco Auto, indicating growing demand for Mullen's electric commercial vehicles.

August 12, 2024 | 1:10 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Mullen Automotive has delivered a Class 1 EV cargo van to the University of Virginia's Sustainable Fleet Department, following a previous purchase and a recent $7.7 million order from Eco Auto. This indicates growing demand for Mullen's electric commercial vehicles.
The delivery to UVA and the significant order from Eco Auto highlight increasing demand for Mullen's electric commercial vehicles. This positive development is likely to boost investor confidence and positively impact MULN's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100