Mullen Automotive Secures $210M Purchase Agreement With UAE's Volt Mobility For 3,000 EV Cargo Vans And Trucks, Begins Immediate Shipping With Initial $3M Deposit
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Mullen Automotive has secured a $210 million purchase agreement with UAE's Volt Mobility for 3,000 electric cargo vans and trucks. The agreement includes an initial $3 million deposit, and shipping has already begun.
August 26, 2024 | 1:34 pm
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Mullen Automotive has entered a significant $210 million purchase agreement with Volt Mobility for 3,000 electric vehicles, marking a substantial revenue opportunity. The deal includes an initial $3 million deposit, and shipping has commenced.
The $210 million agreement with Volt Mobility is a major revenue opportunity for Mullen Automotive, indicating strong demand for its electric vehicles. The immediate shipping and initial deposit further solidify the deal's impact on Mullen's financials.
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