Mullen Provides Update On $210M UAE Order, Delivers First EV Vehicles To Volt Mobility In Dubai With Plans For 3,000 More In 2025
Portfolio Pulse from Benzinga Newsdesk
Mullen Automotive has delivered its first electric vehicles to Volt Mobility in Dubai as part of a $210 million order from the UAE. The company plans to deliver 3,000 more vehicles by 2025.
September 20, 2024 | 1:28 pm
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Mullen Automotive has initiated deliveries of its electric vehicles to Volt Mobility in Dubai, marking the start of a $210 million order from the UAE. This development could boost Mullen's revenue and market presence in the Middle East.
The delivery of EVs to Volt Mobility is a significant milestone for Mullen Automotive, as it marks the beginning of fulfilling a substantial $210 million order. This not only enhances Mullen's revenue prospects but also strengthens its market presence in the Middle East, a region with growing demand for electric vehicles. The planned delivery of 3,000 more vehicles by 2025 further solidifies this positive outlook.
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